41 Lancelin Dr, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
RENOVATE ME AND REAP THE REWARDS!
GREAT CENTRAL LOCATION WITHIN EASY ACCESS TO SCHOOLS, MAJOR SHOPPING CENTRES, BOND UNIVERSITY, PIZZEY PARK SPORTS FACILITIES, PUBLIC TRANSPORT, BURLEIGH GOLF CLUB AND A QUICK DRIVE TO THE BEACH (APPROX. 3.5KM AWAY) - THIS PROPERTY IS PERFECT FOR BOTH INVESTORS AND THOSE OWNERS WANTING A BIT OF SPACE AND LOOKING TO ADD SOME VALUE TO THEIR HOME. FEATURES:- - LARGE 809M2 LAND SIZE (BIG YARD FOR KIDS/POOL ETC) - 3 BEDROOMS - 2 SEPARATE BATHROOMS - TWO LARGE LIVING AREAS - LOCK-UP GARAGE + CARPORT - SOLAR HOT WATER AND 'WATERWISE' APPROVED - SIDE ACCESS IDEAL FOR BOAT/CARAVAN/TRAILER ETC. - SAFE CUL-DE-SAC POSITION PREVIOUSLY RENTED FOR $460 PER WEEK OFFERING A SOLID RETURN FOR THE INVESTOR, OR DO A SIMPLE CONVERSATION TO TRANSFORM THIS HOME INTO 4 OR 5 BEDROOMS TO INCREASE YOUR RETURN. OFFERING SO MUCH POTENTIAL, NO MATTER WHICH WAY YOU LOOK AT IT, THIS IS QUALITY BUYING SO DON'T DELAY!.
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 6,214 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 108.59% increase in median value, while Units have seen a 102.28% increase. As at 31 December 2025:
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