3/111 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

3/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Jul 2026
Low

High
Save

Property Details for 3/111 Markeri St, Mermaid Waters

3/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1982. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Townhouse
Year Built
1982
Local Government
Gold Coast City
Lot/Plan
3/BUP5255

Last Listing description (May 2025)

Peaceful Retreat or Investment Opportunity - Moments from Mermaid Beach

Tucked away in the tranquil and private enclave of "The Sanctuary," this ground-floor apartment offers a lifestyle many only dream of where peaceful lakeside living meets unbeatable central convenience. Imagine waking up each morning to the gentle shimmer of Lake Intrepid, right outside your window. The natural beauty of the lake is perfectly complemented by the resort-style amenities of the complex: two sparkling pools, a jetty, BBQ facilities, and a boat ramp that invites you to launch into your next adventure.

It's the kind of place where weekends feel like a getaway and every day brings an opportunity to unwind. Step inside and you'll find a north-facing apartment designed for comfort and calm. The open-plan living and kitchen area flows seamlessly, filled with natural light and views that soothe the soul. Both bedrooms feature built-in robes, and the main bedroom opens to a private balcony, an ideal spot for your morning coffee or a quiet evening with a book.

Practical features like a combined bathroom and laundry, ground-floor access, covered carport, visitor parking, and a secured storage room make this home as functional as it is beautiful. Whether you're into fishing, boating, or simply relaxing by the water, this property is your gateway to an easygoing, waterside lifestyle. With canal access just steps away, you're never far from your next escape.

Features at a glance:
Two spacious bedrooms with built-in robes and balcony access from the main bedroom
Master bedroom air-conditioned
Open-plan living area with air-conditioning
Ground-floor apartment (no stairs)
Covered carport and visitor parking
Secured storage room
Complex features 2 pools
Boat ramp, jetty, and peaceful relaxation areas
Vacant and ready to occupy or rent at approximately $795 per week
Low body corporate fees of around $74 per week

Minutes from Mermaid Beach, Pacific Fair shopping, and trendy cafes, this apartment offers lakeside tranquility with easy access to the Gold Coast's vibrant lifestyle Escape to "The Sanctuary" - where every day feels like a retreat.

Disclaimer: We have in preparing this information used our 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 3/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$800,000
20 Apr 2025
  • 28 Apr 2025
    Sold for $800,000
  • 10 Apr 2025
    Listed for Sale Offers Over $790,000
  • 24 Mar 2025
    Sold for $778,000
Sign in to see more transactions
Commute Calculator

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 6,214 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 46 properties listed for sale, and 13 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

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.