5/55 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/55 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 1216m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 5/55 Duet Dr, Mermaid Waters

5/55 Duet Dr, Mermaid Waters is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1216m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1983
Floor Size
102m2
Land Size
1216m2
Local Government
Gold Coast City
Lot/Plan
5/BUP5834

Last Listing description (October 2022)

Freshly painted and with new carpets, drapes and striking black fans, this 129 square meter three bedroom unit is excellently located on the ground floor of James Court, a quiet complex just minutes from Pacific Fair Shopping Centre, schools and public transport. Positioned to the front of the building, it offers the added advantage of a fenced rear use garden with under-cover patio area, - perfect for pets and children to play and a pleasant al fresco relaxation venue. Body Corporate fees here are enticingly low making it attractive to investors and owner-occupiers alike with on-site managers maintaining the fully fenced pool and gorgeous gardens which meander amongst the units.

Entry is into spacious air-conditioned open plan living with the lounge looking out to the gardens. Carpet morphs to tiles in the connecting kitchen with dishwasher and good bench space. Off the hallway there are three bedrooms the north-facing master with air conditioning plus fan, large mirrored robe and ensuite, plus a further two, both with built-in mirrored wardrobes and fans, one with poolside views, the other admiring the lush beautifully tended gardens. With generous space for the laundry the bathroom features shower and half bath plus there's a separate toilet. There's also a secure single garage.

Currently vacant, this bright white brilliantly located unit offers immediate occupancy to its new investment savvy owner. We definitely suggest early inspection of this one!

POINTS:

Excellent investment or owner-occupier property. Low body corp.
Well located complex close to transport & community amenities
On-site managers. Impressive lush colourful gardens. Pool
Freshly painted throughout. New carpet, window drapes & fans
Light open plan air-conditioned dining area, lounge & kitchen
Plentiful power outlets positioned throughout the living areas
North-facing master bedroom, large mirrored robe, air-con & fan
Scenic 2nd & 3rd bedrooms with mirrored built-in robes & fans
Bathroom with shower, bath & laundry area. Separate toilet
Private recently turfed rear garden & under-cover tiled patio
Pet friendly complex. Near major shopping, schools & transport
Secure single garage

Property History for 5/55 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$660,000
07 Sep 2022
Listed for Rent
$495/w
23 Feb 2018
  • 07 Sep 2022
    Sold for $660,000
  • 25 Aug 2022
    Listed for Sale $649,000+
  • 03 Feb 2018
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.