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

48 Lancelin Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 244m2
Land area: 1100m2
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Last updated 18 May 2026
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Property Details for 48 Lancelin Dr, Mermaid Waters

48 Lancelin Dr, Mermaid Waters is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 1100m2 and floor size of 244m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
House
Year Built
1994
Floor Size
244m2
Land Size
1100m2
Local Government
Gold Coast City
Lot/Plan
158/RP187683

Last Listing description (April 2007)

A Serene Waterfront Setting
Serenely nestled on a private 1100m allotment this waterfront single level residence could be a piece of your paradise. Featuring three large bedrooms plus executive study and the option to make a few minor changes for a further 4th and 5th bedroom. Hostess kitchen, formal and informal living flow into extensive outdoor entertaining overlooking a lovely garden setting and waterfront outlook. With sparkling pool also included, boat ramp, ocean access, a kiddie’s playhouse and much more, come and discover this picturesque setting in this fantastic location and make it yours today! All offers will be submitted prior to Auction.


If you would like more information on this property, please contact Christine Tucker today on 0410 529 485 or 5578 6777. If you are thinking of selling your property or just curious about the current market, please do not hesitate to call Christine Tucker for an obligation free market appraisal.
Additional feature - 1.

Property History for 48 Lancelin Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$965,000
29 Mar 2007
  • 29 Mar 2007
    Sold for $965,000
  • 14 Feb 2007
    Listed for Sale $995,000
  • 07 Mar 1994
    Sold for $290,000
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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 85.04% increase in median value, while Units have seen a 91.07% increase. As at 30 April 2026:

  • The median value for Houses in Mermaid Waters is $2,275,495 while the median value for Units is $978,113.
  • Houses have a median rent of $1,388 while Units have a median rent of $800.
There are currently 45 properties listed for sale, and 9 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 289 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.