30/111 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

30/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 527m2
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Property Details for 30/111 Markeri St, Mermaid Waters

30/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 527m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in May 2008.

Building Type
Unit
Year Built
1982
Floor Size
93m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
30/BUP5255

Last Listing description (May 2008)

PRICED TO MEET THE MARKET – WHAT BETTER TIME TO BUY?
ABSOLUTELY NOTHING TO SPEND ON THIS TASTEFULLY RENOVATED 2-BEDROOM HOME AT THE SANCTUARY APARTMENTS.
THIS ATTRACTIVE AND COMFORTABLE HOME UNIT HAS BEEN FULLY REFURBISHED AND REDECORATED IN NEUTRAL TONES, TILED AND CARPETED WITH VERTICAL BLINDS THROUGHOUT.

GENEROUS IN SIZE, THE WELL LAID OUT KITCHEN IS FINISHED IN TIMBER SURROUND BENCHES WITH TILED SPLASHBACKS AND FLOORING. THERE IS PLENTY OF CUPBOARD SPACE INCLUDING A LARGE PANTRY AND TALL STORAGE CUPBOARDS.
THE OPEN PLAN LIVING/DINING IS CARPETED WITH TILE EDGING AND ENTRANCE FOR DURABILITY. THE TWO DOUBLE BEDROOMS ARE FULLY CARPETED AND PAINTED IN NEUTRAL COLOURS. LARGE BUILT-IN WARDROBES WITH MIRROR SLIDING DOORS AND A SMALL BALCONY OFF THE MAIN BEDROOM. THE MODERN BATHROOM & LAUNDRY IS TASTEFULLY TILED WITH A DECORATIVE TILE BORDER SURROUND. THE ENTIRE BUILDING IS CONSTRUCTED IN VERY LOW-MAINTENANCE SOLID MASONRY THROUGHOUT INCLUDING THE INTERIOR WALLS. THE UNDER BUILDING CARPORT ALSO INCLUDES A LARGE LOCKUP STORAGE ROOM.
THIS APARTMENT IS SITUATED IN THE UPPER GARDEN AREA WELL WITHIN THE GROUNDS AWAY FROM MAIN ROADS AND CLOSE TO THE BOAT RAMP WITH THE MAIN BALCONY LOOKING BACK THROUGH THE TROPICAL GARDENS TO THE UPPER POOL AREA.
THE SANCTUARY IS AN 80 UNIT GATED RESIDENTIAL COMPLEX ON THE WATERS EDGE OF LAKE INTREPID WITH TWO POOLS, BOAT RAMP AND FISHING JETTY IN A CASUAL PARK LIKE SETTING. THE BC LEVIES ARE $47PW AND WITH A RENTAL ASSESSMENT OF $300PW THIS PROVIDES AN IMMEDIATE YIELD OVER 5%. THIS COMPLEX IS A SOUGHT AFTER LOCATION FOR CAPITAL GROWTH BEING CENTRALLY SITUATED IN MERMAID WATERS AND CLOSE TO MERMAID BEACH, PACIFIC FAIR, JUPITER’S AND THE CONVENTION CENTRE. THIS IS AN IDEAL INVESTMENT PROPERTY AT THE SANCTUARY APARTMENTS – SEE OUR WEBSITE AT WWW.RAAS.COM.AU/THESANCTUARY .
PLEASE CONTACT THE ON-SITE MANAGERS: GARY DICKINSON ON 0431 380 598 OR CATHERINE DICKINSON ON 0448 380 599
ADDITIONAL FEATURE - TASTEFULLY RENOVATED.

Property History for 30/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$280,700
16 May 2008
  • 16 May 2008
    Sold for $280,700
  • 22 Apr 2008
    Listed for Sale 297500
  • 07 Feb 1994
    Sold for $105,000
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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 6,215 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 65.96% increase in median value, while Units have seen a 81.74% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Waters is $2,206,438 while the median value for Units is $977,354.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 47 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 282 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.