3/1 Orvieto Avenue, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

3/1 Orvieto Avenue
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 235m2
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Last updated 20 Jul 2026
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Property Details for 3/1 Orvieto Ave, Mermaid Waters

3/1 Orvieto Ave, Mermaid Waters is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 235m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1995
Floor Size
113m2
Land Size
235m2
Local Government
Gold Coast City
Lot/Plan
3/BUP102432

Last Listing description (December 2020)

Nestled on a tiny island, you will feel right at home in this centrally located property perfect for first home buyers or investors and situated on a canal for peace and tranquility. Only a short stroll to some of the Gold Coast's most amazing beaches with Pacific Fair Shopping Centre, buses and the light rail close by. There are only four units in the complex. You can live in the ever popular Mermaid Waters suburb that easily offers one of the most affordable Body corporate fees. There is a virtual tour available on request, currently tenanted on a short term lease.Be sure to act quick as this property will not last long!Features include- Open plan lounge, dining and kitchen leads out to the private balcony- Large kitchen with plenty of bench and cupboard space, dishwasher and wall oven- Master bedroom with built-in robes and ensuite- Main bathroom with separate bath, separate shower and vanity- Second bedroom with built-in robe and main bathroom access- Internal laundry- Separate toilet for convenience- Air conditioning in the living area- Very low body corp of approx $45.67 p/w- Double lock-up garage( two cars park in tandem)- Walking distance to major shopping centre Pacific Fair- Minutes to Gold Coast Beaches- Minutes to Broadbeach entertainment hub with restaurants, cafes and clubs.- Walking distance to bus stops and light rail- Rates $1,984 PA- Sinking fund $3,5143- Rental appraisal $490-$520 per week* Please note all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.Disclaimer: All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 3/1 Orvieto Ave, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$530,000
13 Oct 2020
  • 13 Oct 2020
    Sold for $530,000
  • 16 Sep 2020
    Listed for Sale $545,000
  • 04 Nov 1997
    Sold for $157,500
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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 6,216 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 47 properties listed for sale, and 16 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

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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.