4/40 Oceanic Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
FOR SALE

4/40 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 224m2
This property is currently on the market
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Property Details for 4/40 Oceanic Dr, Mermaid Waters

4/40 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 224m2 and floor size of 78m2.This Property is currently listed for sale with Ray White Mermaid Waters

Building Type
Unit
Year Built
1979
Floor Size
78m2
Land Size
224m2
Local Government
Gold Coast City
Lot/Plan
4/BUP3361

Last Listing description (July 2026)

Positioned within a boutique complex of just six residences, this beautifully renovated apartment presents an outstanding opportunity for first-home buyers, downsizers and investors alike. Completely transformed and ready to enjoy, the property offers a turnkey lifestyle with nothing left to do but move in and enjoy.

Featuring two generous bedrooms, one bathroom and a practical low-maintenance layout, the home combines modern comfort with a highly sought-after location in the heart of Mermaid Waters.

Property Features:

Two generously sized bedrooms, both complete with built-in wardrobes and ceiling fans.
Light-filled open plan living and dining area.
Modern kitchen featuring stone benchtops, quality appliances and ample storage.
Air-conditioned living area for year-round comfort.
Spacious contemporary bathroom with integrated laundry and additional bench space.
North-east facing first-floor position, capturing natural light and breezes.
Oversized single lock-up garage.

Beautifully presented and fully renovated throughout, this move-in-ready residence offers a fantastic opportunity to secure a quality property in a tightly held location.

Key Information:
Rates: $2,211.58 per annum approx.
Water: $445.83 per quarter approx.
Body Corporate: $83.00 per week approx.

Perfectly positioned to enjoy the very best of the Gold Coast lifestyle, the property is surrounded by an abundance of recreational and lifestyle amenities. Pizzey Park, Miami Aquatic Centre and Mermaid Waters Village are all within easy walking distance, providing sporting facilities, cafs, restaurants and everyday conveniences. The golden sands of Nobby Beach and the vibrant Nobby's dining and entertainment precinct are just moments away, while the future light rail extension is set to further enhance connectivity and convenience.

Disclaimer: We have in preparing this information used our 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 4/40 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$267,500
18 Dec 2015
Listed for Rent
$395/w
17 Jun 2019
  • 10 Jun 2026
    Listed for Sale Offers Over $890,000
  • 10 Jun 2019
    Listed for Rent - Price not available
  • 18 Dec 2015
    Sold for $267,500
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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 6,215 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.
There are currently 47 properties listed for sale, and 15 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.