5/6 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/6 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 67m2
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Last updated 29 Jun 2026
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Property Details for 5/6 Duet Dr, Mermaid Waters

5/6 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1979. The property has a land size of 67m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1979
Floor Size
110m2
Land Size
67m2
Local Government
Gold Coast City
Lot/Plan
5/GTP427

Last Listing description (June 2022)

Imagine being a 5-minute bike ride to pristine white sandy beaches, a short walk to Pacific Fair and only minutes to vibrant Burleigh... This centrally located townhouse is perfect for first home buyers, investors or those looking for a lifestyle change. What makes this Mermaid Waters walk-up townhouse so unique? Only 6 boutique townhouses sit on a 1391m2 block, making it a gold mine for future development.

It's completely renovated with no work to do - all that's left to do is move in. Perfectly positioned in the heart of the Gold Coast - within walking distance to Pacific Fair Shopping Centre, The Star Casino, Broadbeach & public transport including the new light rail which will be extended all the way to Gold Coast airport. This year, construction starts on the extension from Broadbeach to Burleigh Heads. Soon you'll be able to walk to the station, hop on and pop down to Nobbys for a cocktail or continue on to award-winning restaurants in Burleigh Heads.

Only two townhouses in this prime block have the added bonus of a single car garage which enables the property to accommodate two cars, not one. Perfect for families, couples or if it's an investment, it will instantly attract tenants as it caters for roommates with multiple cars. Alternatively, the garage can be converted into an extra living area or third bedroom which will instantly add value to your investment. While the upstairs laundry is also equipped with plumbing so you can add an ensuite to the second bedroom.

989m2 of unused common land can be used to all the owners' advantage and there have been talks of creating separate courtyards for each unit. String up some fairy lights and create an enviable alfresco area under the stars, right in the heart of Mermaid Waters.

What your weekends will look like living here:

Ride your bike to Broadbeach - if you don't have a bike, simply hire an electric-assisted Lime bike via your Uber app and arrive on the sand in minutes
Exercise outdoors and make use of the free gym equipment dotted along the esplanade in Broadbeach
Dine at some of the Coast's most sophisticated restaurants in the heart of Broadbeach or head to a low-key burger joint for a relaxed vibe (our favourite is Easy Street Diner)
Drive to Burleigh Pavilion for a sunset cocktail, a pizza at Justin Lane or a night out at Nobbys (soon the tram will go all the way to Burleigh)
Walk 600 metres to Pacific Fair Shopping centre which has over 400 stores including Mecca Cosmetics, Sephora, David Jones, Zara as well as Coles & Woolworths. Popular food options are Kamikaze Teppanyaki, Betty's Burgers, Schnitz and Grill'd.

Home features include:

Open plan living
Two bedrooms with built-in wardrobes, large WIR off the master
Air-conditioning to combined kitchen, living and master bedroom
Secure single garage with internal access, storage and space for a second vehicle.
Separate laundry
Low body corporate fees

Please contact Alicia on 0481 715 412 or John 0411 308 830 to arrange an inspection or for further details.

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 refuse all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur.

If you are planning to attend an Inspection, please do not enter the premises if you:
- are unwell
- have been in close contact with a known active case of COVID-19 o have COVID-19 symptoms
- have travelled overseas in the previous 14 days
- have been to a declared COVID-19 hotspot in the previous 14 days.
- be under a Direction to quarantine in your home or have tested positive for COVID-19 in the last 14 days.

Property History for 5/6 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$540,000
29 Oct 2021
Listed for Rent
$450/w
14 May 2021
  • 29 Oct 2021
    Sold for $540,000
  • 28 Jun 2021
    Listed for Sale Offers Over $550,000
  • 16 Apr 2021
    Listed for Rent - Price not available
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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 44 properties listed for sale, and 10 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 295 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.