38 Karbunya StreetMermaid Waters QLD 4218
Property Details for 38 Karbunya St, Mermaid Waters
38 Karbunya St, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 735m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (November 2022)
An extraordinary opportunity exists to make your mark in one of the Gold Coast's most sought-after residential hot spots. A mere 320m to Nobby's restaurants, cafes and shops, this expansive 735m2 corner block comes with DA approved plans to construct two separate luxury properties. In the heart of 'The Pocket'.
- Perfect north-east facing corner block just 800m to the beach
- Large block boasts two street frontages, DA approved plans for two dwellings
- House 2: Four bedroom home on approx. 330m2 parcel with in-ground spa
- Potential for city skyline views, stunning sunsets and sunrises
- Existing three bed home with pool offers flexibility to live onsite or lease
- Rental potential approximately $900-$950 per week
- Exciting scope for multiple income streams and high-end luxury living
- Prime walk-to-everywhere convenience, close to transport, future light rail
- Walk to schools, Miami Marketta and Pizzey Park, pool, sport and recreation precinct
- Central Gold Coast location: 15 mins to Surfers Paradise, 10 mins to Burleigh Heads and 20 mins to Coolangatta Airport. One hour to Brisbane.
- Flat 350m walk to the local supermarket, bakery, butcher, bottle shop, chemist
- Council Rates: $2,645.42 per annum. Water Rates: $1,663.40per annum.
Property History for 38 Karbunya St, Mermaid Waters, QLD 4218
- 04 Oct 2022Listed for Sale Guide over $1,700,000
- 18 Oct 2017Sold for $749,000
- 21 Sep 2017Listed for Sale Offers over $749,000
Recent sales nearby
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0About 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 6,214 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.
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