3/127 Sunshine Boulevard, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
FOR SALE

3/127 Sunshine Boulevard
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 210m2
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Property Details for 3/127 Sunshine Bvd, Mermaid Waters

3/127 Sunshine Bvd, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1980. The property has a land size of 210m2 and floor size of 78m2.This Property is currently listed for sale with COASTAL °

Building Type
Townhouse
Year Built
1980
Floor Size
78m2
Land Size
210m2
Local Government
Gold Coast City
Lot/Plan
3/GTP523

Last Listing description (August 2026)

Most villas ask you to give something up. Usually it's the yard, not here.

3/127 Sunshine Boulevard sits on 210m with a genuinely large grassed backyard, the kind of space that suits kids, pets, or simply somewhere to sit on a Sunday afternoon. In a boutique block of just four, on a corner north-east position, it's a rare combination in a suburb where most buyers are choosing between location and space.

Inside, the home has been beautifully updated. Warm hybrid timber flooring runs throughout, paired with fresh white walls, ceiling fans and air conditioning, giving the whole home a light, contemporary feel from the moment you step in. The open-plan living and dining area is bright and generous for a single-level villa, with a covered outdoor entertaining area.

The updated kitchen offers timber benchtops, crisp white cabinetry, open timber shelving, a modern rangehood and quality appliances including an electric oven & stove and dishwasher. It's warm, considered, and connects directly to the living space and breakfast bar seating.

Two well-proportioned bedrooms both feature built-in robes, ceiling fans and air-conditioning. The bathroom has been finished with a frameless glass shower, modern vanity and clean contemporary tiling.

Step outside and the covered entertaining area does the heavy lifting. A paved undercover patio runs alongside the home, complete with a tropical garden that gives the space real character. From there the lawn opens up, fully fenced and low maintenance, with plenty of room to move.

A single lock-up garage plus an additional open car space completes the picture, and the whole complex is pet friendly with low body corporate fees.

Property Features

Single level villa in a boutique block of just 4
Set back from the road on the corner north-east position on 210m
2 bedrooms with built-in robes
Large bathroom with frameless glass shower and modern vanity
Updated kitchen with timber benchtops, open shelving, oven and dishwasher
Open-plan living and dining opening to the outdoors
Hybrid timber flooring throughout
Air conditioning and ceiling fans in living and bedrooms
Large covered entertaining area with brick paving
Large fully fenced grassed backyard
Two car spaces, a single lock-up garage plus open car space
Pet friendly complex
Low body corporate approx. $23 per week
Council Rates approx. $1,199 per half year
Council Water Rates approx. $413 per quarter
Expected rental return approx. $850 per week
Walking distance to public transport, close to Pacific Fair, light rail and the beach

Position wise, you're walking distance to public transport, with Pacific Fair, the light rail, Broadbeach dining and the beach all close by. It's one of those Mermaid Waters pockets that simply holds its value because the demand never goes away.

First home buyer, downsizer or investor, this one works across the board. Come and see it.

For inspections please park in Duet Drive or Surfers Avenue - just a short stroll to the property

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 3/127 Sunshine Bvd, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$410,000
17 Nov 2020
Listed for Rent
$380/w
03 Aug 2016
  • 24 Aug 2026
    Listed for Sale Expressions of Interest
  • 17 Nov 2020
    Sold for $410,000
  • 26 Oct 2020
    Listed for Sale $410,000+
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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 6,224 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:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 48 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 276 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.