5/8 Oceanic Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/8 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 196m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Aug 2026
Low

High
Save

Property Details for 5/8 Oceanic Dr, Mermaid Waters

5/8 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1979. The property has a land size of 196m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 1987.

Building Type
Townhouse
Year Built
1979
Floor Size
80m2
Land Size
196m2
Local Government
Gold Coast City
Lot/Plan
5/BUP3387

Last Listing description (October 2016)

This conveniently positioned Townhouse is coming to the market for the first time in 28 years. It has been meticulously looked after and is ready to move right in, however the potential remains to add value in the future if desired. You will not find better value in Mermaid Waters!
- Separate living and dining
- Tidy renovated kitchen

- Carpeted lounge that opens to the patio and grassy yard
- Refurbished main bathroom with separate toilet
- Larger than average master with Juliet balcony
- Land Share: 1,000m
- Rental appraisal: $280 -$310 pw.
- Body Corporate - $61.71 per week approx
- Council Rates: $905.62 pa approx.
- Water Rates: $1,162.84 pa approx.
Do not miss this opportunity to Nest or Invest in one of the hottest suburbs on the Coast! Offering an outstanding and convenient location all within walking distance to local shops, schools, public transport, Miami Marketta, Nobbys and the beach. Mermaid Waters is one of the most desirable locations on the Coast and this townhouse is smack bang in the middle of it all. You wont find better value in todays market
For more information, please do not hesitate to contact The Sam Westaway Team.

Property History for 5/8 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$55,000
15 Aug 1987
  • 21 Dec 2015
    Listed for Sale Price Guide Above $259,000
  • 15 Aug 1987
    Sold for $55,000
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 6,225 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 49 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 276 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.