2/42 Oceanic Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

2/42 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 203m2
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Property Details for 2/42 Oceanic Dr, Mermaid Waters

2/42 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 203m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
1979
Floor Size
112m2
Land Size
203m2
Local Government
Gold Coast City
Lot/Plan
2/BUP3352

Last Listing description (April 2020)

Take advantage of an outstanding opportunity to purchase this entry level property, ideal for first home buyers, down sizers or the astute investor. This sought after Mermaid Waters Location ticks all the boxes with schools, shops and transport all at your door.

This ground floor unit has just been painted and has new carpet throughout, the large open plan living/dining opens onto a secure enclosed sun-room. There is a large original kitchen, 2 spacious bedrooms with built-ins, separate laundry and toilet.

Features Include:

Ground Floor Position
Enclosed Sun-Room
2 Spacious Bedrooms
Large Kitchen
New Carpets
Freshly Painted
Single Lock-Up Garage

Centrally located and within walking distance to Miami Primary School, Pizzy Park, Waterway Wonderland Shops and a 2 minute drive to Pacific Fair Shopping Centre.

Call today to arrange your inspection.

Property History for 2/42 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$325,000
05 Mar 2019
  • 13 Mar 2020
    Listed for Sale $343,000
  • 05 Mar 2019
    Sold for $325,000
  • 19 Feb 2019
    Listed for Sale $343,000
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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 6,212 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 18 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 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.