5/50 Oceanic Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/50 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 227m2
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Property Details for 5/50 Oceanic Dr, Mermaid Waters

5/50 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 227m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2007.

Building Type
Unit
Year Built
1979
Floor Size
72m2
Land Size
227m2
Local Government
Gold Coast City
Lot/Plan
5/BUP3416

Last Listing description (October 2007)

Mermaid Waters - Very, Very Tidy!
Spacious well presented tow bedroom air conditioned apartment in a small block of six. Low body corporate of $14 per week. Walk to shops, schools and beach!

If you would like more information on this property, please contact Andre Sharples today on 0413 691 700 or 5578 6777. If you are thinking of selling your property or just curious about the current market, please do not hesitate to call Andre Sharples for a no obligation, free market appraisal.


Additional feature - Flat Contour; North Aspect; Partially Fenced; Urban Views; Public Transport: Close by; Grounds: Good.

Property History for 5/50 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$259,000
30 Sep 2007
  • 04 Dec 2009
    Listed for Sale Not Disclosed
  • 01 Oct 2007
    Listed for Sale $259,000
  • 30 Sep 2007
    Sold for $259,000
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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 6,216 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 47 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.