48/172 Barrier Reef DriveMermaid Waters QLD 4218
Property Details for 48/172 Barrier Reef Dr, Mermaid Waters
48/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1987. The property has a land size of 157m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Last Listing description (April 2025)
This beautifully presented home displays an exceptional opportunity for those seeking a comfortable, low-maintenance lifestyle in one of the most sought-after locations on the Gold Coast. This stylish two-bedroom, two-bathroom villa is nestled in the prestigious Rio Vista Palms Complex and offers a blend of modern design, convenience, and coastal charm. The property boasts an open-plan living and dining space that seamlessly flows into a spacious, well-equipped kitchen, complete with black-tiled splashbacks and plenty of storage. The home features high ceilings, ample natural light, and a bright, airy atmosphere that exudes a peaceful coastal vibe.
The master bedroom is located on the upper level and includes its own private ensuite, while the second bedroom is also generously sized and features built-in wardrobes. The property also includes a separate laundry with direct outdoor access, enhancing the convenience and functionality of the home. There is no shortage of storage, with clever solutions throughout the house, including a study nook in the maid bedroom and additional storage in the kitchen. The home is equipped with modern comforts, including ceiling fans, split-system air conditioning throughout, and energy-efficient solar panels, which help reduce living costs and contribute to a sustainable lifestyle.
Featuring:
2 baths
2 cars
Northeast Facing
Expansive open plan living and dining area
Fully secure with security screens for peace of mind
Two-story design, with the master bedroom upstairs featuring its own ensuite
Newly installed flooring in the bedrooms, complemented by ceiling fans throughout
Split-system air conditioning in every room for year-round comfort
Elegant timber staircase leading to the second level
Freshly updated flooring and stylish timber venetian blinds
20 solar panels, promoting energy efficiency
Potential study nook under the stairs
Separate laundry with direct external access
Automatic electric garage with direct access to the home
Covered outdoor entertaining area, plus additional open space with artificial grass, perfect for pets
Enjoy breathtaking sunset views while entertaining family and friends
Additional parking space adjacent to the garage for another vehicle (or can be enclosed)
Low-maintenance gardens, fully fenced with a private, gated entrance.
Rates; Approx $1,100 bi-annually
Water: Approx. $515 quarterly
Body Corp Fees; $35 weekly
One of the standout features of this villa is its private outdoor entertaining area. The partially covered space is ideal for hosting gatherings or relaxing outdoors, while the low-maintenance garden and artificial grass area make it easy to enjoy without the upkeep. The property also includes an automatic garage with direct access to the home, along with an additional parking space, providing ample room for vehicles. Security is a priority, with security screens installed for peace of mind.
Located in the heart of Mermaid Waters this property offers the perfect lifestyle balance. You'll be within proximity to the beach, cafes, restaurants, and shopping, including the Pacific Fair Shopping Centre, just a short drive away. Families will appreciate the proximity to both public and private schools within the catchment area, making this an ideal location for young families or those seeking a quiet, family-friendly environment. With its coastal ambiance, easy access to amenities, and modern design, this villa presents the perfect opportunity to embrace the relaxed, low-maintenance lifestyle of Mermaid Waters.
This property is ready for you to move in which makes it very tightly held and will not last long! Call Mick and Mitch today to book in your inspection so you can start enjoying the laid-back Gold Coast lifestyle today.
Property History for 48/172 Barrier Reef Dr, Mermaid Waters, QLD 4218
- 17 Jan 2025Listed for Sale Offers Over $869,000
- 21 Aug 2024Listed for Sale Offers Over $795,000
- 11 Oct 2017Listed for Sale OFFERS $359,000 +
Recent sales nearby
See more recent sales nearby/assets/perm/ymahzbo3aei6tlpywpagatocny?signature=b2056f944c9970b46a8748b907e2d8c3aa66a3151eabaaf54712c9921cbc4121){kind=logo}
0
/assets/perm/jjjofav6eii6nnleh4444osr3e?signature=69801e4e75e482127737e057869b42f3e7b50c8a6fe50a1a0c2b90dd15f6e179){kind=logo}
0
/assets/perm/y4uzsun6oii6no3e5n4rnv7r34?signature=3cd95c4deed3167627616ae3dc6e0a789fa3264e6d7a9c33f4c1f4017b67a7c9){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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.
Suburb Insights for Mermaid Waters 4218
Market Insights
Mermaid Waters Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mermaid Waters Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
