2/40 Oceanic Drive, Mermaid Waters, QLD 4218 sold on 22 October 2025 | OnTheHouse
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Sold on 22 Oct 2025 for $840,000

2/40 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/40 Oceanic Dr, Mermaid Waters

2/40 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in Mermaid Waters in the last 12 months.

Building Type
Apartment

Last Listing description (October 2025)

Secure your slice of coastal living before Christmas and be moved in for summer! Live central and easy with a relaxed, community vibe you’ll love! Beaches, cafés, schools, shops, and recreation are all just a stroll away. This neat and spacious ground floor apartment offers the perfect opportunity for first-home buyers, downsizers or investors looking for unbeatable value in a prime location.

Enjoy a spacious, light filled open-plan living and dining area, freshly painted throughout, and newly carpeted in the two bedrooms. Complete with a single lock-up garage in a tidy, well-maintained block.

Positioned right next to Miami Primary School and an easy walk to Waterways Shopping Village, Nobbys Beach, Pizzey Park, and Burleigh Bears. Just minutes to Pacific Fair, Robina Town Centre, and local beaches – the lifestyle here is second to none.

Features:
* Bright, open-plan, tiled living and dining area
* Spacious kitchen with breakfast bar
* 2 bedrooms with built-in wardrobes
* Ceiling fans
* Freshly painted
* New carpet
* Semi-updated bathroom and combined laundry
* Single lock-up garage with additional off street parking
* Well-maintained boutique block of only six units

Financials:
* Council Rates: $1,366 half yearly approx.
* Water Rates: $376 quarterly approx.
* Body Corporate: $78p/w approx.
* Rental Appraisal: $800 - $850p/w.

Location Highlights:
* Just steps to Miami State Primary School for convenient school drop off
* 300 metre stroll to Waterways Shopping Village with IGA supermarket, liquor store, hairdresser, butcher, bakery and café
* 600 metre walk to Pizzey Park Sporting Complex, Miami Aquatic Centre and Miami Tennis Club
* 800 metre walk to Burleigh Bears Leagues Club
* 1km to Pizzey Park Skate Park – Australia’s largest skatepark
* 5 minutes drive to patrolled surf beaches; Nobby Beach and Miami Beach
* Less than 10 minutes to Pacific Fair Shopping Centre and Broadbeach entertainment precinct

This home is ready for you to unpack, relax, and start making memories right away.
Contact Sarah Davari – 0403 042 668 | One Agency Burleigh Miami

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 2/40 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$840,000
22 Oct 2025
Listed for Rent
$280/w
20 Jul 2015
  • 22 Oct 2025
    Sold for $840,000
  • 15 Oct 2025
    Listed for Sale Offers over $799,000
  • 20 Jul 2015
    Listed for Rent - Price not available
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of 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 112.08% increase in median value, while Units have seen a 108.72% increase. As at 31 October 2025:

  • The median value for Houses in Mermaid Waters is $2,056,679 while the median value for Units is $911,466.
  • Houses have a median rent of $1,150 while Units have a median rent of $760.
There are currently 32 properties listed for sale, and 19 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 312 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Contact agent
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Sarah Davari
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Dean Pegoraro
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ONE AGENCY BURLEIGH MIAMI
Preferred contact:
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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.