33/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 sold on 12 September 2025 | OnTheHouse
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Sold on 12 Sep 2025 for $840,000

33/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 117m2
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Property Details for 33/172 Barrier Reef Dr, Mermaid Waters

33/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Townhouse sold in Mermaid Waters in the last 12 months.

Building Type
Townhouse
Land Size
117m2

Last Listing description (September 2025)

Positioned in the beautifully maintained 'Rio Vista Palms' complex, this spacious loft style villa has been cleverly designed for a relaxed, low-maintenance lifestyle. Featuring an attractive open plan layout with a large loft bedroom and private courtyard, it's a premium choice for buyers seeking easy living close to major shopping centres and just 7 mins to the beach.

- Two bedroom loft-style villa in the neatly kept Rio Vista Palms complex
- Handy location just 4 mins to the Q Super Centre or 5 mins to Pacific Fair

- Generous open-plan living/dining area with air con, ample natural light
- The space is magnified by the soaring gabled ceiling leading to the loft
- Perfect as a comfortable bedroom, second living area or large study
- Ground floor bedroom with two-way bathroom access and built-in robes
- Neat and tidy kitchen offers a Samsung cooktop and plenty of storage
- Private paved courtyard perfect for enjoying a cuppa in the sunshine
- 3x split-system air conditioners, security screens, single lock-up garage
- 7 mins to Mermaid Beach, stroll to Lake Hugh Muntz, 6 mins to Miami Marketta
- Council Rates: $2,217.92 per annum. Water Rates: $1,518.12 per annum.
- Rental appraisal: $750 - $800 per week.

Property History for 33/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$840,000
12 Sep 2025
  • 12 Sep 2025
    Sold for $840,000
  • 29 Aug 2025
    Listed for Sale $840,000
  • 14 Dec 2023
    Sold for $700,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of 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 6,213 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 106.31% increase in median value, while Units have seen a 114.41% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Waters is $2,070,636 while the median value for Units is $941,548.
  • Houses have a median rent of $1,195 while Units have a median rent of $770.
There are currently 30 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 316 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Taylor Davies
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Josh Willatt
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McGrath Estate Agents - Palm Beach
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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.