5/49 Karbunya Street, Mermaid Waters, QLD 4218 sold on 24 April 2026 | OnTheHouse
SOLD
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Sold on 24 Apr 2026 for $1,050,000

5/49 Karbunya Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/49 Karbunya St, Mermaid Waters

5/49 Karbunya St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit

Last Listing description (April 2026)

Welcome to 5/49 Karbunya Street, Mermaid Waters, a stylish north-facing unit where lifestyle, location, and low-maintenance living come together to create the perfect coastal retreat. Set within a boutique complex of just six residences, this home captures breath taking water and skyline views from its private north-facing balcony, offering the ideal spot to relax, entertain, or soak up the sun.

The light-filled open-plan lounge and dining area flows seamlessly onto the balcony, complemented by a well-appointed kitchen for effortless everyday living.

Recently renovated throughout, this unit features fresh carpets in both bedrooms, a contemporary bathroom, and stylish finishes that enhance the modern, coastal feel. Every detail has been thoughtfully updated to create a comfortable, low-maintenance home that's ready to move into or lease out immediately.

Sold fully furnished, this property provides a seamless move-in opportunity or a ready-made investment.

Property Highlights:

• 2 bedrooms with built-in robes and new carpets
• 1 bathroom with contemporary finishes
• Private north-facing balcony - perfect for entertaining or relaxing
• Well-appointed kitchen with generous bench space
• Air-conditioned with ceiling fans throughout
• Secure single garage with internal access
• Boutique complex of 6 unit with low body corporate fees
• Opposite Waterways Shopping Centre and Pizzey Park
• Moments to Nobby's Beach cafés, restaurants, and Pacific Fair
• Property being sold fully furnished
• Rental appraisal approx. $950 per week
• Body Corporate approx. $61 per week
• Council Rates approx. $1,025 per half year

Whether you're a first home buyer, downsizer, or savvy investor, this north-facing unit offers an exceptional opportunity to enjoy the heart of Mermaid Waters. Waterways Shopping Centre, Pizzey Park, local schools, Nobby's Beach cafés, Pacific Fair, Gold Coast beaches, and the G:link light rail are all just steps away, creating a truly lifestyle-focused coastal retreat.

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 Karbunya St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,050,000
24 Apr 2026
Listed for Rent
$310/w
23 Jun 2009
  • 14 Apr 2026
    Sold for $1,050,000
  • 30 Mar 2026
    Listed for Sale Offers over $1,049,000
  • 25 May 2016
    Sold for $357,000
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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 6,211 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 74.97% increase in median value, while Units have seen a 87.45% increase. As at 31 May 2026:

  • The median value for Houses in Mermaid Waters is $2,250,142 while the median value for Units is $979,772.
  • Houses have a median rent of $1,400 while Units have a median rent of $825.
There are currently 46 properties listed for sale, and 11 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 292 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Duwayne Mattig
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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.