46 Sailaway Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

46 Sailaway Street
Mermaid Waters QLD 4218

Bedrooms: 6
Bathrooms: 5
Car spaces: 4
Floor area: 489m2
Land area: 826m2
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Property Details for 46 Sailaway St, Mermaid Waters

46 Sailaway St, Mermaid Waters is a 6 bedroom, 5 bathroom House with 4 parking spaces and was built in 1982. The property has a land size of 826m2 and floor size of 489m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
House
Year Built
1982
Floor Size
489m2
Land Size
826m2
Local Government
Gold Coast City
Lot/Plan
500/RP172414

Last Listing description (July 2025)

Auction Location: On-Site

Gracefully positioned on a wide expanse of water and directly opposite a peaceful park, this refined two-level residence offers a privileged waterfront lifestyle in one of Mermaid Waters' most sought-after streets. Capturing an ambient east aspect with captivating city skyline views, the home rests on a substantial 826m2 block with nearly 20 metres of water frontage and a private pontoon, creating a serene and scenic backdrop for everyday living.

Designed with understated sophistication and a classic Hamptons-coastal feel, the home reveals a luminous open-plan layout with high ceilings, multiple living and entertaining zones, and seamless indoor-outdoor flow. The spacious kitchen with butler's pantry forms the centrepiece of the main living space, all perfectly oriented to capture shimmering water and skyline views through wide bi-fold doors. Step outside to enjoy covered alfresco dining with a built-in BBQ kitchen, a sparkling magnesium pool with a sun-soaked deck, and tranquil views across the water.

With six bedrooms, five bathrooms, a ground-floor media room and an additional living space upstairs, the flexible floorplan caters comfortably to large families or multigenerational living. The master suite offers a peaceful retreat with a walk-in dressing room, ensuite, and private balcony overlooking the water. Two additional balconies, an oversized double garage, secure double carport, a fully fenced front yard with level lawn, and manicured landscaping complete this exceptional lifestyle package all just moments from local cafes, shopping precincts, the beach and vibrant Broadbeach.

Features include:
- Coveted 826m2 block, east-facing to wide water
- Close to 20m of wide water frontage with glittering skyline views
- Positioned on a quiet cul-de-sac street opposite a peaceful park
- Hamptons-inspired two-storey design with refined finishes
- Bright open-plan living and dining with bifold doors connecting to outdoor entertaining
- Central kitchen with stone island, butler's pantry, canal and pool views
- Waterfront, covered alfresco with built-in BBQ kitchen and water misting system
- Sparkling in-ground, magnesium pool and sun-soaked deck
- Private pontoon for seamless access to the waterways
- Ground floor media lounge with bi-fold doors leading to lush front yard
- Separate guest suite with walk-in robe and ensuite with steam-room shower
- Upstairs living zone opens to balconies front and rear with park and water views
- Private master suite with WIR dressing room, ensuite and balcony with water views
- Three additional upstairs bedrooms all with walk-in robes, two sharing a two-way ensuite, plus an additional bathroom with bathtub
- Sixth bedroom positioned on the ground floor with separate bathroom, ideal for guests or multi-gen living
- Oversized double garage with internal access plus secure double carport
- Fully fenced front yard with level lawn, landscaped gardens and gated entry courtyard
- Walk to local cafes, parks and the beach. Just minutes to Pacific Fair, Mermaid Beach and Broadbeach

Suburb profile:
Centrally located to the very best the Gold Coast has to offer, Mermaid Waters provides relaxation and lifestyle second to none! Filled with an array of trendy cafes, restaurants and bars you'll be spoilt for choice. Moments away from beaches, shopping mecca Pacific Fair, sports and recreation precinct Pizzey Park and Primary and High Schools. The waterfront properties offer direct ocean access, ideal for water enthusiasts and leafy parks and bikeways appeal to the outdoorsy type. A friendly community suburb, Mermaid Waters has something on offer for everyone.

Property History for 46 Sailaway St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$5,500,000
16 May 2025
Listed for Rent
$700/w
19 Apr 2018
  • 16 May 2025
    Sold for $5,500,000
  • 14 Apr 2025
    Listed for Sale Auction
  • 19 Oct 2019
    Sold for $1,400,000
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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, 278 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.