42/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

42/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 1m2
Land area: 196m2
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Property Details for 42/172 Barrier Reef Dr, Mermaid Waters

42/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 196m2 and floor size of 1m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
1987
Floor Size
1m2
Land Size
196m2
Local Government
Gold Coast City
Lot/Plan
42/GTP1735

Last Listing description (October 2022)

*New stone kitchen benchtop is being installed just prior to the property becoming available and is not currently shown in the photos*

This two bedroom one bathroom villa presents a great opportunity for those people looking for a low maintenance single level property with all amenities close by.

This property comes with the benefit of facing directly onto Barrier Reef Drive with a quaint front garden and enclosed patio. There is a single car garage with a automatic door, additional car spot for parking directly in front of the garage, and plenty of off street parking. At the rear of the property there is also a private and sunny courtyard.

Inside the property you are greeted with a large and open living and dinning area that comes with the benefit of A/C and well sized kitchen with plenty of cupboard space. The Main Bedroom is relatively large and has a door directly into the bathroom as if it were an ensuite. The second bedroom comes with a built in robe and the toilet and bathroom are separate along with the laundry which is positioned behind the garage.

In terms of location this Villa is positioned in the heart of Mermaid Waters with bus stop close by, and only 800 metres from the Q Super Centre that has everything you need from a Medical Centre to a host of banks, supermarkets, restaurants and much more. The property is also a 5 minute drive from Pacific Fair, 6 minutes to Nobby's and 7 Minutes from patrolled Beaches.

Pets will be considered on application.

For more information and to avoid missing out Reply Agent, or email Jan Emblem at jan@qldcoastrealty.com.au

Property History for 42/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$335,000
15 Aug 2017
Listed for Rent
$590/w
28 Sep 2022
  • 27 Sep 2022
    Listed for Rent - Price not available
  • 16 Dec 2019
    Listed for Rent $440 / week
  • 15 Aug 2017
    Sold for $335,000
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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 50 properties listed for sale, and 17 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 279 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.