5/47 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
 
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5/47 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 1201m2
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Property Details for 5/47 Duet Dr, Mermaid Waters

5/47 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1201m2 and floor size of 99m2.

Building Type
Unit
Year Built
1982
Floor Size
99m2
Land Size
1201m2
Local Government
Gold Coast City

Last Listing description (October 2022)

This charming first-floor apartment is perfectly positioned on wide water, offering access to the enviable Mermaid Waters lifestyle. Modern and well-maintained over one level, sit back to enjoy water to city views and refreshing breezes.

Natural light filters through an open kitchen, dining and living, where stylish floorboards and modern finishes make for a functional and sophisticated space. Boasting a waterfront balcony area, the ideal spot for sunset drinks or scenic dining overlooking sunsets over the water or the glistening city lights of Broadbeach. Cast a line, build your best sandcastle, or launch the paddleboard to capitalise on a prime waterfront location.

The Highlights:

- First-floor apartment with access to waterfront.
- Modern and well-maintained single-level layout
- Views of the water and City lights
- Access to lawn, sandy beach, and the water
- Open living, dining and kitchen with floorboards, modern finishes, split-cycle air conditioning
- Two bedrooms have carpet, ceiling fans, and roller blinds
- One bathroom has a built-in bath, shower, floor-to-ceiling tiles, and black tapware
- Laundry has overhead built-in storage
- The apartment comes with one single garage & 1 additional off street car space

This apartment is ideally located to enjoy the best of Gold Coast living. The beach and parklands of Mermaid Esplanade are just 5 minutes away by car, as are local favourites Little Mermaid.

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Property History for 5/47 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$800/w
28 Oct 2022
  • 18 Oct 2022
    Listed for Rent $800 / week
  • 19 Aug 2019
    Listed for Rent - Price not available
  • 04 Jul 2016
    Listed for Rent $355 / 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 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
  • Houses have a median rent of $1,200 while Units have a median rent of $773.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 313 properties were sold in the past 12 months in Mermaid waters.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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