2/20 Duet Drive, Mermaid Waters, QLD 4218 sold on 03 September 2026 | OnTheHouse
SOLD
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Sold on 03 Sep 2026 for $709,000

2/20 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 233m2
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Property Details for 2/20 Duet Dr, Mermaid Waters

2/20 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 233m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
69m2
Land Size
233m2
Local Government
Gold Coast City
Lot/Plan
2/BUP4382

Last Listing description (September 2026)

Positioned in one of the Gold Coast's most sought after lifestyle locations, this apartment offers an outstanding opportunity for first home buyers, renovators, downsizers and investors alike. Comfortable to move straight into while offering scope to modernise and add value over time, it's the perfect entry point into the highly desirable Mermaid Beach market.

Set within a small complex of just six residences, you will enjoy the peace and privacy of a small community while being just moments from Mermaid Beach, Pacific Fair Shopping Centre, cafes, restaurants and public transport.

Whether you are searching for your first home, a renovation project, or a quality investment in a blue chip coastal location, this property presents exceptional value and endless potential.

PROPERTY FEATURES
Two generously sized bedrooms with built in robes
Renovated bathroom
Spacious open plan living and dining area
Functional kitchen with ample bench and cupboard space
Excellent opportunity to update and add your own style
Ceiling fans throughout
Separate internal laundry
Single lock up garage
Boutique complex of only six apartments
Low body corporate fees of APPROX $60 per week

Residents also enjoy a sparkling inground swimming pool, professionally maintained by the body corporate, creating a relaxed resort style atmosphere all year round.

INVESTMENT POTENTIAL
Strong rental appeal in a high demand location
Ideal for owner occupiers, renovators or investors seeking long term capital growth
Opportunity to add value through cosmetic updates
Low maintenance property with affordable ongoing holding costs

UNBEATABLE LOCATION
Easy walk to Pacific Fair Shopping Centre
Minutes from the golden sands of Mermaid Beach
Close to Broadbeach dining, cafes and entertainment precinct
Convenient access to public transport, including the light rail
Close to parks, schools and everyday amenities

Offering an enviable coastal lifestyle with outstanding convenience, this is an exceptional opportunity to secure a great first home, renovate and add value, or invest in one of the Gold Coast's most tightly held beachside suburbs. Boutique complexes in this location are always in demand, making this a smart purchase with exciting future potential.

For more information or to arrange your inspection, contact Megan Cranitch on 0413 578 336.

Disclaimer:
All information has been provided in good faith and is believed to be accurate; however, no responsibility is accepted for any errors or omissions. Interested parties should rely on their own enquiries to satisfy themselves as to the accuracy of the information provided.

Property History for 2/20 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$709,000
03 Sep 2026
Listed for Rent
$550/w
27 Oct 2025
  • 03 Sep 2026
    Sold for $709,000
  • 15 Jul 2026
    Listed for Sale Expressions Of Interest
  • 13 Oct 2025
    Listed for Rent $550 / week
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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 6,222 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 53 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 271 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.