2/56 Oceanic Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

2/56 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 235m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Jul 2026
Low

High
Save

Property Details for 2/56 Oceanic Dr, Mermaid Waters

2/56 Oceanic 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 235m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
1981
Floor Size
69m2
Land Size
235m2
Local Government
Gold Coast City
Lot/Plan
2/BUP4173

Last Listing description (July 2019)

Appealing? It sure is

This 2 bedroom - 1-bathroom gem is located within Mermaid Waters. It is nestled right amongst the regions known hotspots, Bam Bam Bakehouse and the Paddock Bakery are just a short drive away.


If you are looking to get into the market this is a chance to get yourself a unit for a good price in a high demand area. Considering the apartments condition and pristine location this gem will attract investors, first home owners, young families and owner occupiers. Low body corporate, walking distance to the many parks, and getting to the beach in under 10 minutes are just a few of the many reasons that this property could be yours.

Property History for 2/56 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$285,000
27 Feb 2018
Listed for Rent
$260/w
26 Jul 2013
  • 27 Feb 2018
    Sold for $285,000
  • 18 Oct 2017
    Listed for Sale EXPRESSIONS OF INTEREST
  • 12 Jun 2013
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 6,215 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 65.96% increase in median value, while Units have seen a 81.74% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Waters is $2,206,438 while the median value for Units is $977,354.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 45 properties listed for sale, and 11 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 289 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.