23 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
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23 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 814m2
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Property Details for 23 Barrier Reef Dr, Mermaid Waters

23 Barrier Reef Dr, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1986. The property has a land size of 814m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1986
Land Size
814m2
Local Government
Gold Coast City
Lot/Plan
76/RP177086

Last Listing description (October 2021)

Welcome to 23 Barrier Reef Drive, Mermaid Waters. Boasting one of the widest north to water views available in the coveted enclave of Mermaid Waters, this 1980's original home presents a generational opportunity to build or renovate the home of your dreams in a position that you will be proud to call yours for years to come.

Exclusively positioned across an expansive 814sqm block with over 22 metres of north facing waterfrontage on Lake Hugh Muntz, a lavish lifestyle of lakefront living awaits. Spend your days entertaining family and friends while appreciating the swans and spectacular sunsets reflecting across some of the widest water views on the Gold Coast or enjoy the freedom to swim and kayak in one of the Gold Coasts only landlocked bodies of crystal clear fresh water.

Being offered for the first time in over 30 years, the well-maintained residence has been attentively looked after and is presented vacant and ready for it's new owner to move in, refurbish or rebuild. Offering a spacious entertainer's floorplan flooded with natural light, the home is thoughtfully designed to maximise the sweeping water views from multiple vantage points and flows seamlessly between the indoor and outdoor spaces to provide a platform for year-round entertaining. With summer fast approaching, the sundrenched decked waterfront pool area will provide the ideal spot to enjoy a cocktail and take in breathtaking water views while keeping an eye on the kids in the pool.

With opportunities of this calibre few and far between, don't miss your chance to see this remarkable waterfront property for yourself.

PROPERTY SPECIFICATIONS:
- 22.3 metres of absolute freshwater frontage with views spanning half a kilometre over the lake
- North facing well-maintained residence
- Ensuited master bedroom with split system air-conditioning and walk-in wardrobe
- Remaining bedrooms with stainless steel ceiling fans and built-in wardrobes
- Family bathroom with bath and shower, private toilet and separate double basin powder room
- Spacious kitchen with breathtaking views across the lake
- Light filled open plan living and dining with glass sliders flowing to the covered alfresco area
- Huge spacious family room adjoins the outdoor area and captures the stunning view
- Covered alfresco entertaining area with ceiling fan and downlights for year round entertaining
- Waterfront swimming pool with surrounding timber decking and coastal palm trees
- Private and secure brick gated fencing
- Double timber door entryway with stone slate tiling
- Spacious separate laundry with external access
- Double automatic lock up garage with plenty of room for storage
- Easy low maintenance gardens
- Land Size: 814m2
- Rental Appraisal: $800-$850 per week
- Council Rates: $3,566 p.a. approx.
- Year Built: 1986

Positioned in one of the Gold Coast's most prized waterfront locations, this Mermaid Waters address offers a rare and admirable lifestyle of quiet, family friendly lakefront living. Here you will find an eclectic blend of beachside atmosphere that is removed from the hustle and bustle to provide a sought-after feeling of escape while still being conveniently located close to all the Gold Coast has to offer. Surrounding you is a range of fine dining, elite private schools, local parks, Pacific Fair Shopping Centre and of course the golden sands of our world-famous beaches.

We look forward to welcoming you home to 23 Barrier Reef Drive, Mermaid Waters.

Advertising Disclaimer: In preparing this property for sale we have used our absolute 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 23 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,610,000
10 Oct 2021
Listed for Rent
$550/w
20 Dec 2011
  • 10 Oct 2021
    Sold for $1,610,000
  • 06 Oct 2021
    Listed for Sale Sold By The Sam Westaway Team
  • 20 Dec 2011
    Listed for Rent - Price not available
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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 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
  • Houses have a median rent of $1,200 while Units have a median rent of $773.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 313 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.