22/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

22/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 124m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Aug 2026
Low

High
Save

Property Details for 22/172 Barrier Reef Dr, Mermaid Waters

22/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 124m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
Unit
Year Built
1988
Floor Size
89m2
Land Size
124m2
Local Government
Gold Coast City
Lot/Plan
22/GTP1726

Last Listing description (February 2017)

Presenting a lucrative opportunity to entry level buyers and astute investors alike, filled with natural light and set in the heart of Mermaid Waters is this stunning open plan renovated apartment , it's a short stroll to shops, express buses and cafs.

Combined living and dining areas offer a relaxed space
Central locale, stroll to Q super centres many conveniences

Well maintained complex, single lock up garage
Ideal for downsizers seeking low maintenance coastal lifestyle
Double bedrooms with mirrored built-ins, neat bathrooms
Private rear courtyard offer low maintenance care
Low body corp, Air conditioning, Bus stop at front of complex
Well maintained kitchen with stainless appliances

Property History for 22/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$279,000
30 Jul 2015
  • 09 Jan 2017
    Listed for Sale Sold $360,000
  • 30 Jul 2015
    Sold for $279,000
  • 23 Jul 2015
    Listed for Sale Not Disclosed
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 6,225 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 49 properties listed for sale, and 17 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 281 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.