4/51 Karbunya Street, Mermaid Waters, QLD 4218 sold on 23 June 2026 | OnTheHouse
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Sold on 23 Jun 2026 for $1,249,000

4/51 Karbunya Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 126m2
Land area: 72m2
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Property Details for 4/51 Karbunya St, Mermaid Waters

4/51 Karbunya St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit and was built in 1979. The property has a land size of 72m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1979
Floor Size
126m2
Land Size
72m2
Local Government
Gold Coast City
Lot/Plan
4/GTP482

Last Listing description (August 2026)

Positioned in a boutique block of just four, this north-to-water townhouse offers an exceptional lifestyle in one of Mermaid Waters' most convenient locations.

Spanning two levels, this townhouse features two oversized bedrooms, one bathroom, a separate downstairs toilet with potential for a second bathroom, and spacious open-plan living and dining areas overlooking the water. High ceilings throughout.

Complete with a single lock-up garage, you'll love the convenience of being directly opposite The Waterways Village, with cafs, restaurants, IGA and everyday amenities right at your doorstep.

From here, it's an easy 800-metre stroll to the Light Rail, Oxley dining precinct, and on to Mermaid Beach's world-famous beaches.

Rarely available and packed with potential, this is waterfront living in a tightly held complex of just four residences.

Key features include:

- North-to-water position with peaceful waterfront outlook.
- Boutique complex of only four townhouses.
- Two oversized bedrooms across two spacious levels.
- One bathroom plus separate downstairs toilet.
- Potential to add a second bathroom downstairs.
- Open-plan living and dining area flowing outdoors.
- Single lock-up garage.
- Directly opposite The Waterways Village with cafs, restaurants, IGA and everyday conveniences.
- Approximately 800 metres to the Light Rail and Oxley dining precinct.
- Easy walk through to Nobbys and Mermaid Beach.
- Body Corp approx. $81.00 per week.

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

Property History for 4/51 Karbunya St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,249,000
23 Jun 2026
Listed for Rent
$625/w
02 Feb 2022
  • 23 Jun 2026
    Sold for $1,249,000
  • 15 Jun 2026
    Listed for Sale $1,249,000
  • 31 Jan 2022
    Listed for Rent $625 / week
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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 6,219 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 51 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 280 properties were sold in the past 12 months in Mermaid waters.

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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.