2 Sailaway Street, Mermaid Waters, QLD 4218 sold on 11 August 2025 | OnTheHouse
SOLD
Sold on 11 Aug 2025 for $3,050,000

2 Sailaway Street
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 351m2
Land area: 1044m2
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Property Details for 2 Sailaway St, Mermaid Waters

2 Sailaway St, Mermaid Waters is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1044m2 and floor size of 351m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 5 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Floor Size
351m2
Land Size
1044m2

Last Listing description (August 2025)

RENOVATE OR DETONATE

This exceptional 1,044m² waterfront block at 2 Sailaway Street, Mermaid Waters, presents a rare and exciting opportunity for developers and investors alike. Boasting direct water access, the property offers stunning views and a tranquil lifestyle on the water's edge, while being perfectly positioned to capitalize on one of the Gold Coast's most sought-after residential locations.

This property is nestled in a quiet, leafy street and benefits from proximity to the rapidly evolving Oxley precinct - an emerging hotspot featuring new dining, boutique retail, and lifestyle amenities that are transforming the area into a vibrant community hub. Just minutes away from Pacific Fair Shopping Centre, Broadbeach, and convenient public transport options, the location combines both peaceful waterside living and easy urban access.

Mermaid Waters is renowned for its strong rental demand and desirable community atmosphere, with a median house price reflecting the area's premium appeal. Residents enjoy access to beautiful beaches, quality dining, shopping, and recreational amenities, all while living in a unique waterfront setting.

Don't miss this chance to secure a prime development site or retro residence in Mermaid Waters, perfectly positioned to take advantage of the thriving Oxley precinct and stunning water views.

To be auctioned on Saturday 19th July at 3pm by Nigel Long, Auctioneer, if not sold beforehand.

Property History for 2 Sailaway St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,050,000
11 Aug 2025
Listed for Rent
$950/w
09 Nov 2018
  • 19 Jul 2025
    Sold for $3,050,000
  • 17 Jun 2025
    Listed for Sale Auction
  • 02 Oct 2018
    Listed for Rent $950 / 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 6,213 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 106.31% increase in median value, while Units have seen a 114.41% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Waters is $2,070,636 while the median value for Units is $941,548.
  • Houses have a median rent of $1,195 while Units have a median rent of $770.
There are currently 30 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 316 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Alex Caraco
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Elizabeth Kinchin
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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.