4/46 Oceanic Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

4/46 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 227m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 4/46 Oceanic Dr, Mermaid Waters

4/46 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 227m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1979
Floor Size
72m2
Land Size
227m2
Local Government
Gold Coast City
Lot/Plan
4/BUP3418

Last Listing description (August 2023)

Prepared to forgive a few flaws? Priced to sell, this top floor 2 bedroom unit offers lifestyle and location at a fantastic entry level price!

Set in a small and attractive two storey walk-up of 6, this 2 bedroom unit features open plan living, great sized bedrooms, single bathroom and a single carport. Make your mark and add value as this property offers great potential and is ready and waiting for it's new owner to turn this unit into their own little oasis!

You'll never want for anything in this highly sought after location. Ideally located with public transport routes at your door step and within footsteps to Miami State Primary School, Pizzey Park Pool and Sporting Complex, Burleigh Bears Leagues Club and Waterways Shopping Centre and just a few minutes' drive to Q Super Centre, Pacific Fair and patrolled beaches.

If you've been waiting for the perfect entry level opportunity to enter into the sought-after Mermaid Waters property market, look no further than this!

Features Include:
- Excellent opportunity to enter the property market or add value through renovation
- 2 Bedrooms with built-in robes
- 1 bathroom
- Single carport space
- Small block of only six units
- Walk to Pizzey Park and Waterways Shopping Centre
- Close proximity to numerous primary and secondary schools, Bond University, Pacific Fair Shopping Centre, Gold Coast Convention Centre and the Star Casino.

Body corporate: Approx $45 per week
Council rates: Approx. $1,800 per annum
Water rates: Approx. $1,400 per annum

Take advantage of this affordable buying opportunity while it lasts! Contact Luke Henderson or Matt Maguire today to arrange your inspection!

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 4/46 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$588,000
05 Sep 2023
  • 05 Sep 2023
    Sold for $588,000
  • 10 Jul 2023
    Sold for $410,000
  • 22 Jun 2023
    Listed for Sale Reduced to $475,000
Sign in to see more transactions
Commute Calculator

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

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.