2/49 Karbunya Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

2/49 Karbunya Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 328m2
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Property Details for 2/49 Karbunya St, Mermaid Waters

2/49 Karbunya St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 328m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1983
Floor Size
67m2
Land Size
328m2
Local Government
Gold Coast City
Lot/Plan
2/BUP5881

Last Listing description (June 2023)

Waterfront living in boutique block of only 6 apartments, paying homage to the vibrant carefree relaxed lifestyle Mermaid Waters residents know and love, this brilliant sundrenched north-facing ground-floor apartment claims one of the best positions in the area. Stroll to Mermaid Waters Village, Nobbys Beach Village and nip down to check the surf with ease. Showcasing direct water access, it makes a savvy addition to your investment portfolio or a brilliant first home.

Property Features:
Amazing location, green lawns flow to north to water vistas

Stroll to Mermaid Waterways shopping Centre three minute walk down the road
Nobbys vibrant dining precinct at your fingertips, an easy 10 minute walk
Glass sliding doors highlight the views from the open-plan living area
Two good sized bedrooms both feature robes and ceiling fans
Neat and tidy original bathroom offers a bathtub and laundry facilities
Single lock-up garage, low maintenance property
Small boutique block of only 6 apartments
NBN and pets permitted upon BC approval
Such a perfect location to enjoy the absolute best of Mermaid Waters living

Property Specifics:
Council Rates: $1,046.20* half yearly
Water Rates: $325.03*per quarter
Body Corporate: $47.60* per week
Currently Rented: Until 05 Nov 2023 for $550 per week
Rental Appraisal: $650 - 700* per week

* Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein

Property History for 2/49 Karbunya St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$650,000
09 May 2023
Listed for Rent
$500/w
28 Oct 2021
  • 09 May 2023
    Sold for $650,000
  • 31 Jan 2023
    Listed for Sale Offers Over $650,000
  • 21 Oct 2021
    Listed for Rent $500 / week
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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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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.