34/34 Albicore Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

34/34 Albicore Street
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 304m2
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Property Details for 34/34 Albicore St, Mermaid Waters

34/34 Albicore St, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 304m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1988
Floor Size
135m2
Land Size
304m2
Local Government
Gold Coast City
Lot/Plan
34/SP105652

Last Listing description (April 2025)

Rare Dual Level Entertainer Just 600 Metres To The Beach

Welcome to 34/34 Albicore Street, Mermaid Waters. Prestigiously positioned within the sought after and rarely available Melaleuca Park complex in one of the Gold Coasts most coveted enclaves, this rare opportunity promises a lifestyle of privacy, security and convenience. Nestled quietly at the rear of the complex with no direct neighbours and backing on to beautiful parkland, this stand-alone two-storey residence holds potentially one of the best positions in the complex.

Considerately designed, the open-plan dual-level layout of the home provides an abundance of floor space with stunning high ceilings allowing natural light and airflow throughout. The ground floor hosts the living and dining portion of the interior, tied together with a modern peninsula style kitchen that provides an ideal space for both catering and entertaining. Also on the lower level, the master suite is separated from the remaining bedrooms to provide a sanctuary to retreat to, with its own ensuite and glass sliders leading through to the backyard. Upstairs, the suspended walkway connects the remaining two bedrooms and family bathroom, with bedroom two featuring its own walk-in wardrobe. The home has been modernised to include a range of creature comforts and contemporary design choices including a sleek kitchen, vinyl timber flooring and split-system air-conditioning units throughout.

Complimenting the expansive home and beachside locale, Melaleuca Park provides an enviable lifestyle. The complex provides access to a photo worthy swimming pool, spa, gazebo, and BBQ facilities. Additionally, there is a secure gated entryway, 24-hour onsite management and abundance of visitor parking. All of this positioned just moments from the beach, this residence offers strong rental returns in a location primed for future growth.

PROPERTY SPECIFICATIONS:
- Large two-storey entertainer just 600 metres to the beach
- Open plan living/dining with split-system air-conditioning and soaring high ceilings
- Modern peninsula style kitchen with stone benchtops and stainless-steel appliances
- Master suite with ensuite and huge built-in wardrobe
- Two remaining bedrooms upstairs, one with walk-in wardrobe
- Upstairs family bathroom with bath, shower and toilet
- Downstairs powder room
- Large private backyard with alfresco entertaining area
- Double automatic lock-up garage with internal access
- Access to resort-style facilities including swimming pool, spa, gazebo, BBQ & a peaceful leafy central park
- Secure complex with security intercom and onsite management
- Updated with split-system air-conditioning in all bedrooms and vinyl timber flooring throughout
- Units In Complex: 43
- Total Land Share: 2.55 Ha approx.
- Rental Appraisal: $850 - $900 per week
- Rental Return: $750 per week
- Lease Expires: 25/06/2023
- Council Rates: $2,248 per annum approx.
- Body Corporate: $92.70 per week approx.
- Sinking Fund: $312,046.32 approx.
- Year Built: 1998 approx.

Positioned in one of the Gold Coasts most prized beachside pockets, this Mermaid Waters address offers a rare and admirable lifestyle of quiet, family friendly living. Here you will find an eclectic blend of beachside atmosphere that is removed from the hustle and bustle to provide a sought-after feeling of escape while being just moments to a wide range of local amenities. Surrounding you is a range of fine dining, schools, local parks, Pacific Fair Shopping Centre and of course the golden sands of Mermaid Beach. Whether it be a stroll over to the beach for an early morning surf, an afternoon walk to Nobbys for a drink with friends or simply just sitting back and enjoying the serenity from the comfort of your own home, Melaleuca Park offers a location and lifestyle that simply cant be matched.

We look forward to welcoming you home to 34/34 Albicore Street!

Advertising Disclaimer: In preparing this property for sale we have used our absolute best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of 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 34/34 Albicore St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$977,000
11 Feb 2023
  • 11 Feb 2023
    Sold for $977,000
  • 02 Feb 2023
    Listed for Sale Sold By The Sam Westaway Team
  • 24 Oct 2000
    Sold for $270,000
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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, 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.