48 Karbunya Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

48 Karbunya Street
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 138m2
Land area: 729m2
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Property Details for 48 Karbunya St, Mermaid Waters

48 Karbunya St, Mermaid Waters is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 729m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1978
Floor Size
138m2
Land Size
729m2
Local Government
Gold Coast City
Lot/Plan
94/RP129322

Last Listing description (September 2021)

AUCTION CANCELLED

Conveniently located within walking distance to the beach, schools, Cafes, restaurants and light rail. Family home on 729m2, consisting of three bedrooms, two bathrooms, study/media room, large garage for all your boys toys. Great sized backyard with large covered alfresco area and room for a pool.


This property is well maintained and would provide the buyer with the perfect opportunity to update and add their own personal touch for future capitalisation.

Location, Location, Location, as the old saying goes!
- Adjacent to Park
- Nobby Beach Cafe Precinct approx. 550 m
- Nobby Beach & Surf Club approx. 950 m
- Miami State High School approx. 739 m
- Miami Primary School approx. 560 m
- Proposed Light Rail approx. 500 m

Features:
- 729m2 block
- 3 bedrooms with BIR & Fan
- 2 bathrooms
- Study/media room
- 2 car extra large garage
- Spacious Alfresco Area

Council Rates: $2,850 per annum approx. (Investment rates)
Water Rates: $1,920 per annum approx.
Currently tenanted at $540 per week lease ends 3/8/21

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 48 Karbunya St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,200,000
27 Jul 2021
Listed for Rent
$410/w
01 Feb 2013
  • 27 Jul 2021
    Sold for $1,200,000
  • 15 Jul 2021
    Listed for Sale AUCTION
  • 26 Jan 2013
    Listed for Rent $410 / 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 6,212 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 74.97% increase in median value, while Units have seen a 87.45% increase. As at 31 May 2026:

  • The median value for Houses in Mermaid Waters is $2,250,142 while the median value for Units is $979,772.
  • Houses have a median rent of $1,400 while Units have a median rent of $825.
There are currently 49 properties listed for sale, and 10 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 287 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.