21/111 Markeri Street, Mermaid Waters, QLD 4218 sold on 09 September 2025 | OnTheHouse
SOLD
Sold on 09 Sep 2025 for $758,000

21/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 21/111 Markeri St, Mermaid Waters

21/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit

Last Listing description (September 2025)

Discover the rare chance to own a piece of serenity in the highly sought-after "The Sanctuary" complex. This ground-floor apartment presents an exceptional opportunity for first home buyers, investors, or renovators seeking a property with incredible potential. With original charm and a layout ready to be reimagined, this home is a true blank canvas-waiting for you to infuse your personal style and create a peaceful retreat perfectly suited to your lifestyle.

Step outside to enjoy resort-style amenities including two sparkling pools, a kiddie pool, BBQ areas, a jetty, and a boat ramp, all set within a secure, gated community designed for relaxation and family-friendly living. Here, you can embrace the best of the Mermaid Waters lifestyle, combining peaceful privacy with convenient access to everything you need.

Property Highlights:

• Two bedrooms with built-in robes, ceiling fans
• Open-plan living area paired with a large kitchen
• Functional bathroom with shower and laundry combo
• Private outdoor patio
• Covered carport, visitor parking available
• Oversized private and secure storage
• Low body corporate fees of just $78/week
• Boat ramp and jetty access perfect for water lovers
• Gardens and expansive grassy areas ideal for families and relaxation
• Strong rental potential with returns around $700-$750/week

Beyond the gates, you're just minutes from Mermaid Beach, Pacific Fair Shopping Centre, trendy cafes, restaurants, and transport links-making this location ideal for those who want a quiet sanctuary without compromising on convenience. Whether you're looking to settle in, renovate for future growth, or invest with confidence, this apartment offers a unique foundation to build your dream home or portfolio.

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 21/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$758,000
09 Sep 2025
  • 31 Aug 2025
    Sold for $758,000
  • 13 Aug 2025
    Listed for Sale Offers over $735,000
  • 02 May 2012
    Listed for Sale $235,000
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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 6,213 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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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.