32/215 Cottesloe Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

32/215 Cottesloe Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 114m2
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Property Details for 32/215 Cottesloe Dr, Mermaid Waters

32/215 Cottesloe Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1994. The property has a land size of 114m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Townhouse
Year Built
1994
Floor Size
102m2
Land Size
114m2
Local Government
Gold Coast City
Lot/Plan
32/GTP2556

Last Listing description (June 2023)

A spacious and and exciting property in 'Sailfish Cove' with two great size bedrooms, both equipped with balconies, with one of these extra large and a perfect place to create a 2nd outdoor living space!

A perfect first home or investment property with scope for some cosmetic home improvements, boasting great bones and space to work with! Currently rented to long term tenants who are paying $600p/w (market rent $640-$660pw) and in a fixed lease until September.

The low body corporate and great facilities in this secure gated estate, not to mention the brilliant location and convenience to shops, local schools and amenities make this property an attractive and affordable choice.

Interstate seller has bought something closer to home and is keen to sell this investment property...

Two spacious bedrooms/two bathrooms -master with reverse cycle & ensuite
Both bedrooms with balconies and great separation between rooms
Two-storey residence in 'Sailfish Cove'. Built in mid 90s
Air-conditioned living/dining area downstairs leading out to courtyard
Compact kitchen with s/s appliances and enough preparation space
Main bathroom with separate powder room & downstairs laundry
Expansive outdoor balcony off the 2nd bedroom
Currently rented at $600 per week. Lease expires 16/09/23
Tandem parking for two cars with one undercover space
Low body corporate of approx. $67 per week & healthy sinking fund
Resort-style facilities - Multiple pools, heated spa, BBQ areas & direct access to Lake Wonderland
Water rates approx. $295 per 3 mths. Rates approx. $1025 (6 mths category B - investor)
Short drive away from Nobby beach, Pacific fair, Q Super Centre, the Beach, Casino and much more
Walk to Miami State School, Pizzey park, IGA, transport and parks

Mermaid Waters is just 5 minutes from the beach and is bordered by Broadbeach to the north, Mermaid Beach to the east, Miami to the south and Robina to the west.

It is known as a quiet, family residential area comprising the 17ha freshwater Lake Hugh Muntz and a series of lakes and canals winding through the neighbourhood providing recreational activities such as swimming and kayaking. The infrastructure includes shopping at Q Super Centre, Pacific Fair and Robina Town Centre complexes; education at Miami State School, Miami High School, Merrimac High School, All Saints Anglican School, Somerset College, Marymount College and Bond University. Sporting facilities at Pizzey Park include a skate park, swimming complex, Burleigh Bears Leagues Club, Burleigh Soccer Club, Little Athletics and a gymnastics club. All these facilities are within a few minutes drive or use the well appointed bus routes.

Mermaid Waters lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

For further information on this home or to arrange an inspection, please call Michael Elliss on 0402 858 174.

Property History for 32/215 Cottesloe Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$557,500
19 May 2023
  • 19 May 2023
    Sold for $557,500
  • 13 Apr 2023
    Listed for Sale Not Disclosed
  • 21 Nov 2021
    Sold for $500,000
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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 6,226 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 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 280 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.