38 Rumrunner Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

38 Rumrunner Street
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 217m2
Land area: 810m2
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Property Details for 38 Rumrunner St, Mermaid Waters

38 Rumrunner St, Mermaid Waters is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 810m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1980
Floor Size
217m2
Land Size
810m2
Local Government
Gold Coast City
Lot/Plan
155/RP165052

Last Listing description (April 2022)

Auction On-Site this Saturday at 4pm.

Boasting wide water vistas, stunning skyline views and an enviable north-facing aspect, this is the property opportunity you've been waiting for. Nestled in a central, sought-after location, a generous 810m2 waterfront allotment awaits, brimming with enticing potential. Customise the current home and renovate to meet your needs, knockdown and rebuild your dream home, or explore your development options (STCA) the choice is all yours! Whatever you decide, you can look forward to a fantastic lifestyle in a superb setting.

With its tidy interiors and presentation, there's also scope to add this single level, brick 4 bedroom, 3 bathroom home, to your investment portfolio. Spacious and light-filled, it offers open plan formal and informal living areas plus a granite kitchen with walk-in pantry, media room/5th bedroom and a covered alfresco patio with water views. A north facing saltwater pool is trimmed with timber decking, while boaties will appreciate the 20.1m of sandy beachfront, pontoon and ocean access. Considering the aspect, location and outlook, it's sure to deliver a healthy yield!

Property Specifications:
- Enviable opportunity: generous 810m2 waterfront block basking in stunning skyline views;
- Sought-after north facing aspect in a superb location, offering a fantastic lifestyle;
- Tidy and comfortable single level home, with the potential to be a savvy investment with high rental return;
- Open plan formal and informal living areas plus a granite kitchen with walk-in pantry;
- 4 bedrooms plus media room/5th bedroom and 3 bathrooms;
- Master bedroom with water views, built-in robe, ensuite and access to covered patio;
- Covered alfresco patio with water views, north facing saltwater pool with timber deck;
- 20.1m sandy beach, pontoon with ocean access;
- Private front lawn area for children and pets and established gardens;
- Double lock up garage with internal access plus additional off-street parking;
- 2kW solar panels, spear pump, garden shed, fast HFC NBN internet and reverse cycle air-conditioning.

Perfectly positioned in a quiet residential pocket, take advantage of being under 2km from Mermaid Beach and 4km from vibrant Broadbeach. Stock up on supplies at nearby Q Super Centre, 4 minutes from home, with the upscale shopping, dining and leisure precinct, Pacific Fair, 7 minutes away by car. Championship golf courses, schools, Bond University and the M1 motorway are all accessible with ease too, making this a supremely enticing location to live. Capitalise on this remarkable property opportunity and arrange your inspection today.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Disclaimer: It should be noted that this property is being sold by auction, therefore due to government legislation a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 38 Rumrunner St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,750,000
04 May 2022
  • 04 May 2022
    Sold for $2,750,000
  • 10 Mar 2022
    Listed for Sale Auction On-Site, Saturday 9 April at 4pm
  • 04 Aug 2021
    Sold for $2,100,000
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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 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 85.04% increase in median value, while Units have seen a 91.07% increase. As at 30 April 2026:

  • The median value for Houses in Mermaid Waters is $2,275,495 while the median value for Units is $978,113.
  • Houses have a median rent of $1,388 while Units have a median rent of $800.
There are currently 44 properties listed for sale, and 12 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 285 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.