5/40 Oceanic DriveMermaid Waters QLD 4218
Property Details for 5/40 Oceanic Dr, Mermaid Waters
5/40 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 224m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
Ready to move in or re-let - Act Quickly!
An exceptional opportunity to secure a great low maintenance lifestyle or savvy investment right in the heart of one of the Gold Coast's most sought after locations!
You'll never want for anything in this highly sought-after location. Ideally located with public transport routes at your door step and within footsteps to Miami State School, Pizzey Park Pool and Sporting Complex, Burleigh Bears Leagues Club and Waterways Shopping Centre and just a few minutes' drive to Q Super Centre, Pacific Fair and patrolled beaches.
Property features:
Top floor 2 bedroom, 1 bathroom unit
Both bedrooms with built in wardrobes
Combined bathroom and laundry
Tiled living, kitchen and dining
Ceiling fans throughout
Small walk-up block of 6
Single lock up garage
Prime position - walk to everything!
Vacant Posession
Body corporate fees: $53 per week (approx.)
Council rates: $2,036 per annum (approx.)
Water rates: $1,550 per annum (approx. - variable upon consumption)
For a copy of the information pack or for this week's inspection times, contact Matt Maguire or Luke Henderson.
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 5/40 Oceanic Dr, Mermaid Waters, QLD 4218
- 22 Jul 2022Sold for $490,200
- 08 Jul 2022Listed for Sale Offers over $470,000
- 27 Jan 2022Listed for Sale Offers over $500,000
Recent sales nearby
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0About 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 6,219 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:
- The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
- Houses have a median rent of $1,400 while Units have a median rent of $850.
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