48 Arcadia Dr, Mermaid Waters is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 862m2 and floor size of 348m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
A fabulous opportunity to purchase this beautiful single level family home situated on a huge 862m2 block with approx. 20 metres of water frontage in one of Mermaid Waters most desired streets. As you open the front door you will be greeted by open plan living/dining, stepping out to your huge outdoor alfresco dining area, sun-soaked pool and the picturesque water and hinterland views beyond. Located on one of the areas widest waterways, you could be living your best life here with fishing for dinner off your pontoon and sunset canal cruises with your friends or family. Huge double lock-up garage with plenty of storage (including loft style storage) also the opportunity for secure off-street parking for at least four additional vehicles.
This prestigious pocket of family-friendly Mermaid Waters is popular for its blue-chip homes and proximity to the beach and key amenities. Pacific Fair, Star Casino as well as the recreation precinct of Pizzey Park, local supermarkets and cafes. The address sits in the catchment for Miami State School and Miami State High School and is surrounded by a choice of highly regarded private schools.
Property highlights:
- Large open plan living and dining area.
- Generous kitchen with stone tops and long island bench.
- Covered alfresco area with outdoor kitchen and powder room overlooking waterfront and pool.
- Master bedroom with pristine water views, walk in robe and double vanity ensuite.
- Additional 3 large bedrooms all with ceiling fans, built in robes and external electric blinds.
- Main bathroom with bath and shower.
- Large laundry with access to spacious outdoor laneway.
- Ducted air conditioning throughout.
- Premium stone tiling throughout external of the property.
- Large floating pontoon.
- Approx. 20m of water frontage.
- Large storage shed.
- Solar Electric System.
- Double lock-up garage with storage.
- Off street parking for several cars or boat /caravan.
- Single level house on 862sqm land size.
- Rates approx. $2,261.84 per six month period
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 6,209 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 85.04% increase in median value, while Units have seen a 91.07% increase. As at 30 April 2026:
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