26/172 Barrier Reef DriveMermaid Waters QLD 4218
Property Details for 26/172 Barrier Reef Dr, Mermaid Waters
26/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1987. The property has a land size of 139m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (March 2023)
If you're searching for an investment property, that will bring a high return, or a after a first home purchase that won't break the budget! Downsizing, Airbnb, whatever your plan, this little beauty, located in sought-after Mermaid Waters is the perfect find!
Situated in the centre of this delightfully quiet complex, known as, Rio Vista Palms offers the new owner an abundance of reasons to be impressed! The property has a few perks that the others don't! That being, centrally located, for security and away from the passing traffic, a large private completely fenced courtyard with direct access to the rear grassed area.
Literally walk across Markeri street and you are at the Q-store shopping centre. The beach is 4 mins away, as is Pacific Fair Shopping Centre, Star Casino and the Light Rail. With Kool Kids Kindergarten & Bus Stop at your doorstep, Miami State School & Merrimac High all walking distance.
When you step inside this quaint abode, you will first notice the high vaulted ceiling, and openness that allows the room to fill with natural light. The open plan living with a very well-equipped 2-pac kitchen with added storage, a large breakfast bar, plenty of kitchen bench space, and Blanco appliances to complete. A few upgrades include freshly painted, new carpet in the bedrooms, down lights, updated laundry and more.
Features:
Two oversized spacious bedrooms, master with ensuite
Main bathroom with convenient 2-way entry, to 2nd bedroom
Open plan living
High ceilings
Ceiling fans
Air-conditioning throughout
Separate laundry
Separate toilet
Added extra storage
Private entrance
Undercover outdoor entertaining
Fenced rear courtyard
LUG with remote door
Low Body Corp $28 per week
Pet friendly
Rates: $405 per quarter
Water; Approx. $325 per quarter
Conveniently rented, until Jan 2023
Contact Michelle at The McRae Property Team to inspect this property today!
Property History for 26/172 Barrier Reef Dr, Mermaid Waters, QLD 4218
- 18 Aug 2023Sold for $535,000
- 07 Oct 2022Listed for Sale SOLD By MICHELLE McRAE
- 29 Nov 2021Listed for Rent $550 / week
Recent sales nearby
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0About 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.
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