3/51 Karbunya Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

3/51 Karbunya Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 69m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Aug 2026
Low

High
Save

Property Details for 3/51 Karbunya St, Mermaid Waters

3/51 Karbunya St, 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 69m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Townhouse
Year Built
1980
Floor Size
108m2
Land Size
69m2
Local Government
Gold Coast City
Lot/Plan
3/GTP482

Last Listing description (October 2021)

Calling all first home buyers, savvy investors or those seeking the beach life, get close to the action with this devine 2 bedroom townhouse - with renovation potential.

This charming low maintenance townhouse is in the heart of the GC, a short walk to the most popular beaches on the coast and a 5 minute drive to Pacific Fair and Burleigh Heads. The north-south orientation ensures you can appreciate the Gold Coast summer sun while enjoying the breeze in your hair as you look across the water towards the lovely GC city skyline.

Forgot the milk? Head across the road to the uber-convenient Waterway VIllage Shopping Centre, where all the locals go to grab the paper and read it in the sun at Double Barrel Kitchen.

Back to the home - Carpets in the main living with powder room downstairs deliver practicality and convenience, coupled with generous sized bedrooms all with BIR's.

Up for a reno? This home has been carefully maintained inside but has huge renovation potential. Put your own touch on things, with minimal risk due to the areas exponential capital growth. With a great layout to work with this home is located within a quiet and well maintained complex of 4 townhouses with plenty of parking.

High rental demand due to proximity to schools, universities and transport means strong rental yields for the astute investor. The complex is also pet friendly (STBCA) facilitated by the spacious rear yard and surrounding parklands

Stand out features include;

* 2 bedrooms with built in robes
* Ceiling Fans throughout
* Large light filled bedrooms
* Separate Laundry and additional toilet downstairs
* Additional car space in front of garage
* Back garden with water views

To know more, contact Tara on 0488 160 605.

*Important* Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Rockpool Real Estate will not be held liable for any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should conduct their own research to verify the information contained herein or about the property for sale.

Property History for 3/51 Karbunya St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$803,333
06 Oct 2021
  • 06 Oct 2021
    Sold for $803,333
  • 30 Sep 2021
    Listed for Sale Offers over $585,000
  • 19 Nov 1996
    Transferred
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 6,226 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, 283 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.