5/54 Oceanic DriveMermaid Waters QLD 4218
Property Details for 5/54 Oceanic Dr, Mermaid Waters
5/54 Oceanic 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 227m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (September 2024)
If you've been waiting for the perfect entry level opportunity to enter the sought-after Mermaid Waters property market, look no further than this!
Set in a small and attractive two storey walk-up block of 6, this 2 bedroom, 1 bathroom unit features open plan living, great sized bedrooms, and a single lock up car space. The perfect property for first home buyers, savvy investors or downsizers alike.
You'll never want for anything in this highly sought after location. Ideally located with public transport routes at your doorstep and within footsteps to Miami State Primary School, Pizzey Park Pool and Sporting Complex, Burleigh Bears Leagues Club and Waterways Shopping Centre and just a few minutes' drive to Q Super Centre, Pacific Fair and patrolled beaches.
Features Include:
Excellent opportunity to enter the property market
Open plan living area
Updated kitchen with stone benchtops
Large bedrooms
Modern bathroom with separate toilet
Spacious and sunny north facing balcony
Secure lock up car space for one vehicle
Air-conditioning and ceiling fans
Freshly painted, new carpet and new blinds
Walking distance to Pizzey Park Precinct, Schools and Shops
Small block of only six units
Council rates: Approx. $2,415 per annum
Water rates: Approx. $1,420 per annum
Body Corporate Rates: Approx. $71 per week
Rental income: $620 - $650 per week
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 5/54 Oceanic Dr, Mermaid Waters, QLD 4218
- 19 Aug 2024Sold for $617,738
- 08 Aug 2024Listed for Sale Offers Over $600,000
- 23 Jun 2020Listed for Rent $410 / week
Recent sales nearby
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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 6,212 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 112.08% increase in median value, while Units have seen a 108.72% increase. As at 31 October 2025:
- The median value for Houses in Mermaid Waters is $2,056,679 while the median value for Units is $911,466.
- Houses have a median rent of $1,150 while Units have a median rent of $760.
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