5/49 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/49 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 71m2
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Property Details for 5/49 Duet Dr, Mermaid Waters

5/49 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 71m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1981
Floor Size
100m2
Land Size
71m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4417

Last Listing description (July 2026)

Case Study:
Method of Sale: Private Treaty
Days on Market: 20

Open Homes: 4
OFI Attendees: 17
Online Enquiries: 13
Views Online: 1,550
Written Offers: 2

This is an incredibly rare opportunity to experience a lifestyle of exclusivity and convenience in the heart of Mermaid Waters. Flooded with natural light and breezes this residence is perfectly situated within a boutique block of only 6 units on a 1,207sqm waterfront allotment.

The functional floor plan is designed with relaxed easy living in mind. Contemporary kitchen with large island bench, quality appliances and an abundance of storage. Open plan living and dining spaces flow seamlessly to the undercover outdoor courtyard, perfect for relaxing of an afternoon or entertaining friends and family. This space also benefits from an outdoor shower and storage shed, with rear access straight down to the waterfront where you can enjoy sensational wide water views.

The upper level of this beautiful townhouse is dedicated to rest and relaxation, with two spacious bedrooms, one with large built-in robes and the second with a walk-in robe. Updated family bathroom with bathtub and separate toilet. Downstairs also offers a separate laundry and powder room for convenience. Single lock up garage which has been tiled and can be used as a third bedroom option.

Perfectly positioned within a boutique complex of only 6 units on a 1,207sqm allotment, with appeal to first home buyers, downsizers, or savvy investors, be sure to act quick to secure your own coastal paradise!

This property is situated in one of the most sought-after locations on the Gold Coast and within walking distance to Pacific Fair Shopping Centre, Star Casino and the Gold Coast Exhibition Centre. A short stroll to Albert Waterways, an array of public transport, light rail stations, restaurants, bars, cafes Broadbeach State Primary School, Merrimac State High School and the upcoming Lanes Retail and Restaurant Precinct.

Property Features:
2-bedroom, 1-bathroom contemporary townhouse
Perfectly positioned within a boutique complex of 6 units on a 1,207sqm allotment
Open plan living and dining spaces
Light-filled kitchen with large island bench, quality appliances and an abundance of storage
Covered and fenced outdoor courtyard
Rear access from the courtyard providing access directly to the waterfront with sensational wide water views
Two spacious bedrooms, one with built-ins and second with walk-in robe
Large family bathroom with bathtub and separate toilet
Separate laundry
Powder room downstairs for convenience
Single lock up garage which has been tiled to offer a 3rd bedroom option
Walking distance to public transport, Pacific Fair, restaurants, cafes, parklands and world class beaches

Property Specifics:
Council Rates: $1,192.78* per half year
Water Rates: $473.78* per quarter
Rental Appraisal: Estimated rental income of $800 - $850* per week
Body Corporate: $62* per week
*Approx.

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.

Property History for 5/49 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$845,000
24 Apr 2025
  • 24 Apr 2025
    Sold for $845,000
  • 16 Apr 2025
    Listed for Sale Offers Over $849,000
  • 16 Aug 2023
    Sold for $755,000
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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 6,217 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 48 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 288 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.