5/27 Duet Drive, Mermaid Waters, QLD 4218 sold on 12 December 2025 | OnTheHouse
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Sold on 12 Dec 2025 for $835,000

5/27 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 354m2
Sold By
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Jarryd Fisher
Re/Max Aspire
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Maisie Healy
Re/Max Aspire
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Property Details for 5/27 Duet Dr, Mermaid Waters

5/27 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 354m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
79m2
Land Size
354m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4205

Last Listing description (December 2025)

An outstanding opportunity awaits those seeking the ultimate coastal lifestyle or a ready-to-go investment in one of the Gold Coast's most iconic locations. Perfectly positioned on the second floor of the boutique 'Lakeside Lodge' complex, this neat and tidy unit is one not to be missed. Offering both lifestyle and potential, it captures the very essence of relaxed coastal living.

As you step inside, you're welcomed by a light-filled, open-plan layout that flows seamlessly to a private balcony overlooking Clear Island Lake. The kitchen is generous in size and features ample storage and a freestanding cooktop.

The unit comprises two spacious bedrooms, each fitted with built-in wardrobes and ceiling fans, serviced by a well-appointed bathroom.

Whether you're looking to move straight in or secure a high-performing investment, this vacant apartment delivers outstanding potential for both buyers and investors.

Property Features:
Top Floor apartment
Kitchen with ample storage and electric cooktop
Open-plan layout
Two spacious bedrooms with built-ins
Large bathroom/laundry
Balcony
Ceiling fans
One secure car park
Body corporate fees of approximately $58 per week
Holiday letting or long-term leasing potential
Rental appraisal approx. $740-$780 per week

Famed for its golden beaches, vibrant energy, and world-class lifestyle, Mermaid Waters truly is a sought after suburb. Blending urban sophistication with coastal charm, it's a destination where high-rise living meets laid-back beach culture.

Residents enjoy an unbeatable lifestyle with an endless selection of cafs, fine dining, boutique shopping, and entertainment right on their doorstep. The pristine beachfront, thriving nightlife, and year-round events make Mermaid Waters one of Australia's most desirable addresses for homeowners and investors alike.

With convenient access to the light rail, schools, and major shopping centres, this coastal hub offers both connectivity and convenience. Whether it's morning walks along the esplanade, dining by the water, or soaking up the skyline views from home, life in Mermaid Waters truly embodies the essence of the Gold Coast lifestyle.

**Please note that while all due care is taken by RE/MAX Aspire to ensure that the information contained on any website, portal or marketing material is accurate, we accept no responsibility or liability in respect to any inaccuracies, errors or omissions. Prospecting purchasers should do their own independent research and enquiries to verify all information about the property**

Property History for 5/27 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$835,000
12 Dec 2025
Listed for Rent
$580/w
21 Nov 2023
  • 12 Dec 2025
    Sold for $835,000
  • 24 Nov 2025
    Listed for Sale Contact Agent
  • 02 Nov 2023
    Listed for Rent $580 / week
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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 6,211 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 106.31% increase in median value, while Units have seen a 114.41% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Waters is $2,070,636 while the median value for Units is $941,548.
  • Houses have a median rent of $1,195 while Units have a median rent of $770.
There are currently 26 properties listed for sale, and 8 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 315 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.