23 Gretel Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

23 Gretel Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 117m2
Land area: 635m2
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Last updated 13 Jul 2026
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Property Details for 23 Gretel Dr, Mermaid Waters

23 Gretel Dr, Mermaid Waters is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 635m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last transferred in February 2024.

Building Type
House
Year Built
1975
Floor Size
117m2
Land Size
635m2
Local Government
Gold Coast City
Lot/Plan
505/RP131630

Last Listing description (August 2023)

Introducing an exclusive opportunity in the highly sought after Mermaid Waters property market, offered to the market for the first time in 48 years! Our sellers instructions are clear! This property will be sold at or prior to auction with all offers to be presented.

Welcome to 23 Gretel Drive, situated in a quiet street and in the highly sought after pocket of Mermaid Waters. Don't miss your chance to secure this fantastic entry level three bedroom, one bathroom family home. Whether you're a home renovator with a keen eye, a buyer searching for a place to build your dream home, a downsizer seeking a sea change, or an astute investor looking to expand your portfolio.

This property boasts north facing open plan living and dining and a large yard making it the perfect home for families and entertainers alike. Situated in a quiet street, this property offers privacy and endless potential.

As you step inside, you'll be greeted by the warm and inviting living area filled with natural light. The dining area flows seamlessly onto a large outdoor area, perfect for hosting family and friends.

One of the standout features of this property is its ample land size of 635m2, providing the potential for two separate yard areas - one at the entry and another off the kitchen. This expansive space offers limitless possibilities for landscaping, outdoor gatherings and even the addition of a pool, allowing you to create a personal oasis for relaxation and enjoyment.

Located in the heart of Mermaid Waters, this home is close to everything you need, including excellent schools, shopping, dining and entertainment. With the beach only a short distance, you can enjoy the best of coastal living. Enjoy a coffee and catch up with friends at one of the many stylish cafes, bars and restaurants at your fingertips.

Act now and be rewarded as properties in this quality location rarely last! All genuine cash offers will be considered prior to Auction!

Additional features of this fantastic property include:

Original brick and tile home with plenty of potential
3 bedrooms, all with built in robes
Tiled north facing open plan living
Separate toilet, bathroom with tub
635m2 block size
Oversized yard
Quiet street
Air-conditioned lounge room
Separate Laundry
Oversized single lock up garage plus room for 2 other cars off street
Sought after position, within easy walk to the surf & sand

Council Rates: $3,350 per annum (approx.)
Water Rates: $2,110 per annum (approx.)
Rental Appraisal: $700-$750 per week (approx.)

Auction to be held Saturday 24th June, 10:00am On Site if not sold prior
Auction terms: $50,000 Deposit, 30 day Settlement

Our motivated sellers are committed to selling and will consider all genuine cash offers prior to the Auction!! Contact Larissa Martos today for a copy of the information pack and for this week's inspection times!

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 23 Gretel Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Transferred
$56,800
20 Feb 2024
Listed for Rent
$380/w
11 Jan 2014
  • 20 Feb 2024
    Transferred for $56,800
  • 24 Jun 2023
    Sold for $1,205,000
  • 30 May 2023
    Listed for Sale Auction
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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 6,217 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 48 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 288 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.