2/173 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

2/173 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
Land area: 147m2
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Property Details for 2/173 Barrier Reef Dr, Mermaid Waters

2/173 Barrier Reef Dr, Mermaid Waters is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 147m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2007.

Building Type
Unit
Year Built
1992
Floor Size
118m2
Land Size
147m2
Local Government
Gold Coast City
Lot/Plan
2/GTP3232

Last Listing description (November 2007)

Sparkling Reef Cove
Just listed and ready for sale is an exciting townhouse situated in a small complex of only 16 townhouses.
Located in Barrier Reef Drive, Mermaid Waters, the property borders Lake Hugh Munz.

Low body corporate fee or $16.00 per week.
There is a pool in the property and a bus stop outside the gate. Shops are within walking distance.
This is a very charming complex set in a beautiful location.
Call Margaret Beaman on 0412 189 784 for further information on this fantastic opportunity.
However, should you find that this property is not exactly what you are looking for, please call Margaret to discuss what would be appropriate for you as we have many other lovely properties for sale that may be better suited to your needs.
If you are considering selling your property or if you are just curious about the current market, call Margaret now for an obligation free market analysis.
Additional feature - Close to Shops.

Property History for 2/173 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$360,000
16 Nov 2007
  • 16 Nov 2007
    Sold for $360,000
  • 21 Oct 2007
    Listed for Sale $379,000
  • 22 Aug 2003
    Sold for $290,000
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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 6,224 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 48 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 276 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Cotality Copyright and Legal Disclaimers about Property Data
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.