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

42 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Floor area: 300m2
Land area: 840m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Feb 2026
Low

High
Save

Property Details for 42 Barrier Reef Dr, Mermaid Waters

42 Barrier Reef Dr, Mermaid Waters is a 4 bedroom, 4 bathroom House with 3 parking spaces and was built in 1993. The property has a land size of 840m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
House
Year Built
1993
Floor Size
300m2
Land Size
840m2
Local Government
Gold Coast City
Lot/Plan
338/RP221419

Last Listing description (March 2012)

Room to Move & Grow!
Huge price drop! Owners looking for offers.
Be the envy of your friends and enjoy the open space this luxurious family entertainer provides on an easy care 840sqm block. Set well back from the road and with wide waterfrontage and ocean access, this home offers much needed privacy from the rigors of everyday life. Spend the weekends with your family fishing off the pontoon or enjoy a swim across the road in the fresh water of Lake Hugh Muntz, choices you???ll have to make!

Features of the ground level include but are not limited to -
??? Modern kitchen complete with electric oven & gas cooktop, plenty of storage, sufficient bench space and large pantry
??? Combined lounge and dining room, the dining area raised with floor boards
??? Living area or informal dining directly off the kitchen
??? Multi-purpose room perfect for a small home office
??? Bar
??? Full sized bathroom
??? Paved and partially covered entertaining area that overlooks the water and features a small, easy to maintain plunge pool ideal for cooling off on those hot summer days
??? Internal access to a large three car garage
??? Fully fenced front and back yard perfect for children and pets
??? Large storage cavity located under the stairs
Upstairs you???ll enjoy -
??? Master bedroom complete with an opulent bathroom including double vanity, spa bath and large shower, walk in robe and balcony with sweeping views to Miami
??? Three huge bedrooms all with built in robes, air conditioning and balcony access
??? Large bathroom
??? Views south over the waterfront and north to parklands and the lake
Centrally located within 5 minutes of Robina Town Centre, Pacific Fair, Bond University and within 10 minutes of Mermaid & Nobby???s Beach this property offers a practical, convenient and most of all low maintenance lifestyle.
Previously leased at $1100 per week un furnished.
Sustainability Declaration available at agency
Additional feature/s - Sustainability Declaration available at agency..

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

A timeline of how this property has performed in the market
Last Sold
$817,500
27 Mar 2012
Listed for Rent
$850/w
13 Apr 2012
  • 27 Mar 2012
    Sold for $817,500
  • 27 Jan 2012
    Listed for Sale 869000
  • 25 Nov 2011
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About Mermaid Waters 4218

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 6,206 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
  • Houses have a median rent of $1,200 while Units have a median rent of $773.
There are currently 31 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 313 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.