27/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 143m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
The single-storey original condition one bedroom villa, situated in sought-after Rio Vista Palms Complex
This spacious villa, complete with an over-sized master bedroom, security & privacy. Set right in the heart of the home is the generous living and dining area, which captures the morning light, and easterly breeze. Ample benchtop space, built-in pantry and a breakfast bar
For that enviable indoor-outdoor lifestyle, why not have the courtyard covered, unwind and entertain in your fully fenced private courtyard.
Features:
A single-storey layout
An open living and dining area
Built-in robe, air-con and plantation shutters in the master
A central main bathroom, shower, and separate toilet- Ceiling fans
An internal laundry with direct rear courtyard access
Close to Hugh Muntz Lake, and walkway, schools, shops, bus stop at your door
Minutes from Mermaid Beach and the Pacific Fair Shopping Centre
Mermaid Waters is just 5 minutes from the beach and is bordered by Broadbeach to the north, Mermaid Beach to the east, Miami to the south and Robina to the west.
Nearby shopping at Q Super Centre, Pacific Fair and Robina Town Centre complexes, education at Miami State School, Miami High School, Merrimac High School, All Saints Anglican School, Somerset College, Marymount College and Bond University. Sporting facilities at Pizzey Park include a skate park, swimming complex, Burleigh Bears Leagues Club, Burleigh Soccer Club, Little Athletics and a gymnastics club. All these facilities are within a few minutes' drive or use the well-appointed bus routes.
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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 6,219 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:
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