48/111 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

48/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 527m2
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Property Details for 48/111 Markeri St, Mermaid Waters

48/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 527m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1982
Floor Size
87m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
48/BUP5255

Last Listing description (February 2022)

Positioned perfectly in "The Sanctuary" on the shores of Lake Intrepid, this tranquil and secure gated complex features two pools, a kiddie pool, jetty, BBQ facilities and access to the canal with a boat ramp.

This apartment is perfect for those who seek a peaceful sanctuary away from the hustle and bustle, with all of the benefits of a central location. All the hard work has been done. This renovated apartment is ready for its new owners to enjoy the tranquil surrounds.


Located on the top floor, this renovated apartment has so much on offer. Access to the water, water views across Lake Intrepid and beautiful well maintained gardens surrounding you.

Property and complex Features:

* Open plan renovated kitchen with modern appliances including oven and dishwasher
* Two good sized bedrooms with built-in robes, ceiling fans
* Open plan living and kitchen area with air-conditioning
* Modern bathroom with shower & laundry combination
* One covered carport, plus visitors parking
* Covered secured storage room, measuring 3m x 2.1m x 2.3m
* Boat ramp in complex with access to ocean
* Jetty in the complex to enjoy fishing and ample amount of grassed areas for kids to play
* Currently tenanted until February 2022 at $440 per week.
* Low body corporate fees of approx. $61 per week

Minutes to sandy patrolled beaches at Mermaid Beach, Pacific Fair shopping & dining precinct, trendy cafes & restaurants and transport all at your doorstep.

Important Notice: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective buyers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Harcourts Coastal Robina or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only.

Property History for 48/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$515,000
26 Oct 2021
Listed for Rent
05 Aug 2020
  • 26 Oct 2021
    Sold for $515,000
  • 18 Oct 2021
    Listed for Sale Not Disclosed
  • 23 Jul 2020
    Listed for Rent $430 / week
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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 6,225 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, 276 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.