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

48 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 174m2
Land area: 1031m2
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Property Details for 48 Barrier Reef Dr, Mermaid Waters

48 Barrier Reef Dr, Mermaid Waters is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1031m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Floor Size
174m2
Land Size
1031m2
Local Government
Gold Coast City
Lot/Plan
611/RP229551

Last Listing description (August 2020)

Offered on the market for the first time ever, this is an incredible opportunity to live within a highly sought-after area in a home designed to be the perfect family entertainer. The home showcases 2 levels of living with the executive master bedroom upstairs offering elevated picturesque views over your waterfront position. Ground level you have 3 other generous bedrooms, a massive study/5th bedroom, separate family room and additional living space in the open kitchen/dining areas.

Situated on a massive acre allotment with a perfect North Easterly aspect, you'll be greeted every morning to a breathtaking sunrise over the wide waterfront setting. Sit back, relax under your undercover entertaining area or have cocktails by the pool. This home truly is fully equipped for all your entertaining needs.

For those who like their privacy, another factor that really sets this one apart from the rest is that you are privately positioned against a local reserve creating privacy and serenity.

Features:
4 bedrooms with built in robes
Upstairs executive Master bedroom has its own ensuite, private balcony and waterfront views
Additional study or 5th bedroom
Upstairs parents retreat/living or potential 6th bedroom
Family/media room
Open living/dining areas
Renovated kitchen
Ample storage throughout
Family bathroom with free standing bathtub and separate shower
Powder room
Separate laundry
Automatic double lockup garage
Outdoor undercover entertaining area
Sparkling inground pool with integrated BBQ area and rock feature waterfall
Pontoon & Boat winch
Tool/storage shed
20 x 5KW Solar panels
Separate gate access for caravan or boat
Massive 1031m2 allotment

You are within close proximity to everything. It doesn't get any better and this is certainly a home that stands out from the rest. Call today to arrange your inspection!

Property History for 48 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,275,000
13 Jul 2020
  • 13 Jul 2020
    Sold for $1,275,000
  • 21 Apr 2020
    Listed for Sale Offers Over $1,295,000
  • 26 Apr 1992
    Sold for $135,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of 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 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
  • Houses have a median rent of $1,200 while Units have a median rent of $773.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 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.