3 Reef Court, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

3 Reef Court
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 177m2
Land area: 835m2
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Property Details for 3 Reef Ct, Mermaid Waters

3 Reef Ct, Mermaid Waters is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1982. The property has a land size of 835m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1982
Floor Size
177m2
Land Size
835m2
Local Government
Gold Coast City
Lot/Plan
44/RP168176

Last Listing description (June 2026)

A unique opportunity to acquire a waterfront home in one of the coast's most desirable waterfront suburbs. A internally renovated single level home representing exceptional waterfront value in a highly sought after pocket of Mermaid Waters. Wide water views, fully fenced to the water allowing plenty of room for children and pets.

Walking distance to Merrimac State High School and the newly developed Lakes precinct. This 4-bedroom, 2-bathroom home is surrounded by larger, newer waterfront homes and therefore ensuring future value. Recently renovated internally with new bathrooms, paint, new tiles to living areas, timber floors to all bedrooms.

Features at a glance:

835m2 block with over 20 metres to water
4 bedrooms and 2 bathrooms
2 living areas
Open plan living
Updated kitchen with premium appliances
Updated bathroom and ensuite
Separate laundry with external access
Double carport with remote access
Air-conditioning throughout
Enjoy the mermaid waters waterfront lifestyle at less than the cost of your neighbours

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to 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 Reef Ct, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,728,000
09 Jan 2023
Listed for Rent
$1.00k/w
28 Aug 2023
  • 02 May 2024
    Listed for Rent $750 / week
  • 01 May 2023
    Listed for Rent $1,000 / week
  • 09 Jan 2023
    Sold for $1,728,000
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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 6,212 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 43 properties listed for sale, and 9 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 295 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.