44/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

44/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 257m2
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Last updated 17 Aug 2026
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Property Details for 44/172 Barrier Reef Dr, Mermaid Waters

44/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1987. The property has a land size of 257m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Townhouse
Year Built
1987
Floor Size
101m2
Land Size
257m2
Local Government
Gold Coast City
Lot/Plan
44/GTP1735

Last Listing description (February 2025)

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 and 7 Minutes from patrolled Beaches.

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Property History for 44/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$305,000
16 Mar 2015
Listed for Rent
$690/w
26 Feb 2025
  • 12 Feb 2025
    Listed for Rent $690 / week
  • 16 Mar 2015
    Sold for $305,000
  • 25 Feb 2015
    Listed for Sale SINGLE LEVELGARDEN VILLA
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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 6,226 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 45 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 281 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.