42/111 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
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42/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 527m2
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Property Details for 42/111 Markeri St, Mermaid Waters

42/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1982. The property has a land size of 527m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1982
Floor Size
92m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
42/BUP5255

Last Listing description (November 2021)

Centrally located 5 minutes from the beach this spacious apartment is at entry level buying. Two spacious bedrooms, large tidy kitchen and large north balcony with prized north facing views to lake intrepid

Generous living/dining area
Security gated complex with access to waterfront with fixed jetty and boat ramp.

Two large pools in complex with BBQ area
Located next to Lone Star Tavern and Convention Centre/Hotel, Yuens shopping centre and minutes to Pacific Fair
Motivated seller looking for immediate sale
Low Body Corporate. Approx. $60 per week including 10 % discount
Sinking Fund Approx. $278 000 as of 09/07/2021
Rare 2 car allocated car spaces one near boat ramp for boat jet/ski or car
Rates Approx. $900 per 6 months
Water Approx. $380 per quarter

Property History for 42/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$460,000
04 Aug 2021
  • 04 Aug 2021
    Sold for $460,000
  • 14 Jul 2021
    Listed for Sale Auction
  • 10 Apr 1997
    Transferred for $43,000
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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.

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.