3/42 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

3/42 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 237m2
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Property Details for 3/42 Duet Dr, Mermaid Waters

3/42 Duet Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 237m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1981
Floor Size
99m2
Land Size
237m2
Local Government
Gold Coast City
Lot/Plan
3/GTP621

Last Listing description (August 2022)

Centrally located and within walking distance of Pacific Fair Shopping Centre, public transport and popular entertainment and dining options, this single level home in the heart of Mermaid Waters, invites savvy investors, motivated renovators and first home buyers in search of a diamond in the rough.

With fans and security screens throughout, light coloured walls, two outdoor patio spaces and French provincial style windows, this property presents an exceptionally unique opportunity for renovators. With two-bedrooms, master with walk-in-robe and ensuite, a second bathroom with bathtub and separate toilet, this home presents significant value for those seeking a property with potential.

Located just minutes from the beach, nearby parklands, walkways and bike paths, this apartment delivers plenty of options for those who enjoy the great outdoors and everything central Gold Coast living has to offer. Whether it be an early morning surf at Mermaid Beach, a game of lawn bowls with friends or dinner with a loved one in nearby Broadbeach, this property delivers in spades.

With a total living space of 118sqm, plus single lock-up garage, this property presents a great opportunity for those seeking an entry level, two-bed, two-bath, centrally located home.

Given its potential, this property won't be on the market long. Contact us today to secure this modestly maintained single-level apartment, with potential, in the heart of Mermaid Waters.

Features include:

Two bedrooms with built-in wardrobes, WIR off master
Two bathrooms, main with bathtub
Separate toilet
Fans and security screens throughout
Separate dining space off the u-shaped kitchen
French provincial style windows
Two outdoor patio spaces, rear patio covered
Private court yard
Secure single garage + Carport
Plus extra parking for trailer or jet ski

2-minute walk or 180m to local bus stop with routes both north and south
14-minute walk or 1.1km to Pacific Fair Shopping Centre and Event Cinemas
4-minute drive or 1.8km to The Star Casino Gold Coast
5-minute drive or 2.1km to Mermaid Beach surf beach
5-minute drive or 2.2km to Miami Aquatic Centre, Tennis Club and Pizzey Park
7-minute drive or 2.6km to Broadbeach dining precinct

Property History for 3/42 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$640,000
17 Mar 2022
  • 17 Mar 2022
    Sold for $640,000
  • 09 Feb 2022
    Listed for Sale UNDER CONTRACT
  • 07 Jun 2000
    Sold for $135,310
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of 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 6,213 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 106.31% increase in median value, while Units have seen a 114.41% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Waters is $2,070,636 while the median value for Units is $941,548.
  • Houses have a median rent of $1,195 while Units have a median rent of $770.
There are currently 32 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 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.