5/10 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/10 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 184m2
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Property Details for 5/10 Duet Dr, Mermaid Waters

5/10 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 184m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
184m2
Local Government
Gold Coast City
Lot/Plan
5/BUP3579

Last Listing description (October 2019)

Offering a massive open plan living/dining area, great sized bedrooms and a stunning refurbishment throughout (with all the trimmings), 5/10 Duet Drive is sure to impress. Whether you are an investor looking for a low maintenance, high demand rental in an unbeatable location or a first home buyer looking for an apartment with all the extras at an ultra-affordable price, this one cannot be overlooked!
- Open plan living and dining area offers air conditioning, ceiling fan & flows to the enclosed sunroom/balcony
- Massive refurbished kitchen is truly stunning and enjoys ample cupboard space, dishwasher and island bench/breakfast bar

- Master bedroom with walk in robe, ceiling fan, timber floor boards and block out blind
- Second bedroom with built in robe, ceiling fan, timber floor boards and block out blind
- Large contemporary bathroom with linen cupboard and separate toilet
- Functional separate laundry with bench space
- Single secure lock up garage with extra storage room
- Freshly painted, new blinds, timber floor boards and ceiling fans throughout
- Onsite pool
- Units in complex: 7
- Total Land Size: 1,050m2
- Rental Return: $430 per week
- Lease Expires: 16/01/2020
- Rental Appraisal: $450 - $470 per week
- Water Rates: $1,473 p.a approx
- Council Rates: $1,609 p.a approx
- Body Corp: $60.33 per week approx
- Sinking Fund: $11,006.39 approx
- Year Built: 1981
5/10 Duet Drive is ideally positioned on the top floor and allows for plenty of light and a pleasant and cooling breeze throughout the day. It enjoys an incredibly convenient and central location just a short stroll, bike ride or car trip from the Gold Coast's top attractions, including pristine golden beaches, Pacific Fair Shopping Centre, the Convention & Exhibition Centre, Star Casino and Broadbeach South Light Rail Station. This sought after convenient location, top quality stylish refurbishment and affordable price point is set to make 5/10 Duet Drive Mermaid s best buy!
For more information, please do not hesitate to contact The Sam Westaway Team.

Property History for 5/10 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$363,000
04 Oct 2019
Listed for Rent
$430/w
30 May 2019
  • 04 Oct 2019
    Sold for $363,000
  • 11 Sep 2019
    Listed for Sale Not Disclosed
  • 30 May 2019
    Listed for Rent - Price not available
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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 6,211 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 46 properties listed for sale, and 10 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 291 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.