5/41 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
FOR SALE

5/41 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 107m2
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Property Details for 5/41 Duet Dr, Mermaid Waters

5/41 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 107m2 and floor size of 87m2.This Property is currently listed for sale with Harcourts Property Hub

Building Type
Unit
Year Built
1980
Floor Size
87m2
Land Size
107m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4571

Last Listing description (July 2026)

Beautifully renovated from top to bottom, this stunning 2-bedroom, 1-bathroom, 1-car apartment immediately captivates with its breathtaking outlook across the expansive waters of Lake Intrepid. Elevated to capture panoramic lake and hinterland vistas, the home is filled with natural light from two sides and enjoys a level of privacy rarely found in apartment living. Larger than most two-bedroom apartments in the surrounding pocket, every detail has been thoughtfully considered to create a home that is stylish, welcoming and completely move-in ready.The stunning renovation has been completed with exceptional attention to detail. The designer kitchen is both beautiful and practical, featuring engineered stone benchtops, quality appliances including a new oven, dishwasher and electric cooktop, a microwave recess, subway tiled splashback, reclaimed timber shelving, an abundance of storage and premium tapware. The luxurious bathroom has been transformed with floor-to-ceiling tiles, a bathtub, rain shower with handheld attachment, feature floor tiles, warm timber vanity, oversized mirrored storage cabinet and elegant black fixtures. New hybrid flooring, S-fold sheer curtains, ceiling fans, fresh paint, rendered internal walls and a new air-conditioning system complete the sophisticated interior.Wake each morning to sparkling water views and enjoy your coffee from the balcony as the sun rises across the lake. With wide water separating you from neighbouring properties, the outlook is peaceful, private and ever-changing. Whether you're searching for your first home, downsizing without compromise or securing a quality waterfront investment, this exceptional apartment delivers an enviable lifestyle in one of Mermaid Waters' most sought-after waterfront pockets.Things You'll Love Elevated waterfront position overlooking the expansive waters of Lake Intrepid Sweeping lake and hinterland views with exceptional privacy Larger floor plan than most two-bedroom apartments in the surrounding area Fully renovated throughout with nothing left to do Designer kitchen with engineered stone benchtops and quality appliances Luxurious bathroom with floor-to-ceiling tiling, bathtub and rain shower 2 generous bedrooms with beautiful morning sunlight Natural light from two sides creating a bright, airy feel New hybrid flooring throughout New air-conditioning, ceiling fans and S-fold sheer curtains Fully rendered internal walls with fresh paint throughout Separate laundry with excellent linen and storage space Spacious balcony perfect for morning coffee or evening sunsets Single lockup garage Move-in ready with nothing left to spendFAQOwner Occupied: YesRental Appraisal: $950-$1,050 WeeklyLand Rates: $1,368 Bi-AnnuallyWater Rates: $396 Quarterly Body Corporate Fees: $100 WeeklyPet Friendly: Yes - 2 Pets (Must send details to body corporate)This property is being sold without a price & therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 5/41 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$575,000
14 Jan 2023
Listed for Rent
20 Mar 2020
  • 30 Jun 2026
    Listed for Sale Must Be Sold! Offers Closing 13th July 5pm
  • 14 Jan 2023
    Sold for $575,000
  • 09 Dec 2022
    Listed for Sale OFFERS OVER $ 570,000
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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 6,213 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 65.96% increase in median value, while Units have seen a 81.74% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Waters is $2,206,438 while the median value for Units is $977,354.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 45 properties listed for sale, and 11 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 290 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.