3/50 Oceanic Drive, Mermaid Waters, QLD 4218 sold on 04 February 2026 | OnTheHouse
SOLD
Sold on 04 Feb 2026 for $901,000

3/50 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
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Property Details for 3/50 Oceanic Dr, Mermaid Waters

3/50 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Apartment sold in Mermaid Waters in the last 12 months.

Building Type
Apartment
Floor Size
104m2

Last Listing description (February 2026)

Proudly presented by Mitch Harrop and Ben Nantes, welcome to 3/50 Oceanic Drive, Mermaid Waters. An outstanding opportunity to secure a stylishly updated apartment within a tightly held boutique complex of just six residences, positioned in one of the Gold Coast's most desirable lifestyle suburbs.

This well-maintained and thoughtfully updated apartment offers a comfortable and practical layout, enhanced by modern improvements throughout. Refreshed flooring and an updated kitchen give the home a contemporary feel, while the open-plan living and dining area provides a welcoming space to relax or entertain. Enjoy the added benefit of direct access to a front garden area, perfect for outdoor enjoyment, pets or soaking up the coastal air (not exclusive use). The two well-proportioned bedrooms are serviced by a central bathroom, making the layout ideal for owner-occupiers, downsizers or investors alike. Completing the package is the rare advantage of both an undercover car space and additional driveway parking, adding everyday convenience rarely found in apartment living.

Set within a quiet, low-density complex, this property delivers the perfect balance of privacy and location, all while benefiting from exceptionally low body corporate fees.

Boasting Property Features:

• Boutique complex of just 6 apartments
• Updated flooring and fresh paint throughout the home
• Modernised kitchen with functional layout and ample storage
• Bright and airy open-plan living and dining area
• Access to front garden area (not exclusive use)
• Two well-sized bedrooms with park views behing
• Central bathroom servicing both bedrooms
• Undercover car accommodation plus additional driveway parking
• Exceptionally low body corporate fees – approx. $64 per week
• Quiet, well-maintained complex in a premium street

Body Corporate: Approx. $64 Per Week
Water Rates: Approx. $232 Per Quarter
Council Rates: Approx. $1,170 Bi-Annually
Rental Appraisal: Approx. $800 - $850 Per Week

Boasting Location Features:

• Prime position in the heart of Mermaid Waters
• Walking distance to local cafés, shops and public transport
• Minutes to Pacific Fair Shopping Centre and Broadbeach dining precinct
• Easy access to Mermaid Beach and the Gold Coast's iconic coastline
• Close proximity to quality schools and childcare options
• Convenient access to the Gold Coast Highway and major arterial roads
• Short drive to parks, waterways and recreational facilities

Whether you're looking for a low-maintenance home, a savvy investment or a beachside lifestyle upgrade, this apartment offers exceptional value in a tightly held location. With modern updates, boutique living and minimal ongoing costs, this is a rare opportunity in Mermaid Waters.

Why Choose Mermaid Waters?

Mermaid Waters is one of the Gold Coast's most sought-after suburbs, prized for its unbeatable lifestyle and central location. Offering a relaxed coastal atmosphere combined with everyday convenience, residents enjoy close proximity to pristine beaches, major shopping destinations such as Pacific Fair, and the vibrant dining and entertainment hubs of Broadbeach. The suburb is known for its leafy streets, waterways, parks and family-friendly feel, while still providing excellent access to public transport, quality schools and major road networks. With strong buyer demand, limited boutique complexes and enduring lifestyle appeal, Mermaid Waters continues to be a standout suburb for both owner-occupiers and investors.

For more information, contact your central Gold Coast leading agents, Mitch Harrop & Ben Nantes, today!

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.
* denotes approximate measurements.

Property History for 3/50 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$901,000
04 Feb 2026
Listed for Rent
$300/w
09 Apr 2015
  • 21 Jan 2026
    Sold for $901,000
  • 13 Jan 2026
    Listed for Sale SOLD BY MITCH HARROP
  • 25 Jul 2020
    Sold for $400,000
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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 6,211 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 74.97% increase in median value, while Units have seen a 87.45% increase. As at 31 May 2026:

  • The median value for Houses in Mermaid Waters is $2,250,142 while the median value for Units is $979,772.
  • Houses have a median rent of $1,400 while Units have a median rent of $825.
There are currently 46 properties listed for sale, and 10 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 291 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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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.