2/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 sold on 26 August 2025 | OnTheHouse
SOLD
Sold on 26 Aug 2025 for $876,000

2/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 214m2
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Property Details for 2/172 Barrier Reef Dr, Mermaid Waters

2/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1987. The property has a land size of 214m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1987
Floor Size
87m2
Land Size
214m2
Local Government
Gold Coast City
Lot/Plan
2/GTP1714

Last Listing description (February 2026)

**Please note best access for Open Home: This property has direct street access and is directly across the road from 264 Rio Vista Boulevard, best parking anywhere along there. Conveniently located with easy access to public transport, Lake Hugh Muntz and Q Super Store, this well-maintained single-level duplex offers the affordability of complex living with the convenience of direct street access no need to drive through the estate. Step inside and you'll find a home that has been thoughtfully cared for, with light-filled interiors that flow easily throughout, making it an ideal choice for first-home buyers, downsizers, or investors looking for a low-maintenance property.Boasting ample parking with a single garage, room to park in front, as well as street parking, not only that but room to extend your yard further (situated on a 214sqm block!), and two private courtyards, the perfect spot to enjoy your morning coffee or afternoon drink in the garden. This property presents a rare opportunity to secure a home that feels private, practical, and ready to welcome it's new owners whether you're a first home buyer, retiree looking to downsize, or an investor looking for something with a low body corp.Featuring:2 bedrooms with built in robes1 bathroom1 car garage + park in front Open plan living/diningSeparate laundryKitchen with stone bench tops & dishwasherAir conditioner in master bedroom and livingCeiling fansSecurity screens throughoutOutgoings: Rates: $2,430 per yearWater: $416 per quarterBody Corp: $60 per week*All figures are approximateAdvertising Disclaimer:You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Realty Blue Pty Ltd, and its director, offices, employees, agents, vendors, and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise.

Property History for 2/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$876,000
26 Aug 2025
Listed for Rent
$750/w
28 Oct 2025
  • 28 Oct 2025
    Listed for Rent $750 / week
  • 26 Aug 2025
    Sold for $876,000
  • 19 Aug 2025
    Listed for Sale Offer Over $799,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. There are 23 parks, covering nearly 7.3% of the total area. The population of Mermaid Waters in 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation.In 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.

Mermaid Waters has 6,211 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 74.97% increase in median value, while Units have seen a 87.45% increase. As at 31 May 2026:

  • The median value for Houses in Mermaid Waters is $2,250,142 while the median value for Units is $979,772.
  • Houses have a median rent of $1,400 while Units have a median rent of $825.
There are currently 44 properties listed for sale, and 10 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 295 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.