5 Canberra Court, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
FOR SALE

5 Canberra Court
Mermaid Waters QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 554m2
Land area: 1376m2
Save

Property Details for 5 Canberra Ct, Mermaid Waters

Building Type
Land
Year Built
1990
Floor Size
554m2
Land Size
1376m2
Local Government
Gold Coast City
Lot/Plan
703/RP145607

Last Listing description (June 2026)

Expressions of Interest

Spanning an extraordinary 1376m with 35m water frontage, this large landholding is ready to be transformed with a visionary two-dwelling development or luxe dream home. Situated approx. 2km from golden beaches and 3km from the vibrant Nobby Beach cuisine scene, it's tucked away at the end of a tranquil cul-de-sac, with views across to Rumrunner Park. Combined with a vast 90m (approx.) canal width, which also delivers enhanced privacy.

The property comes complete with DA Approval for one or two dwellings. Additionally, it offers exceptional flexibility and future potential with ROL, OPW and electrical approvals an invaluable advantage for developers or buyers looking to subdivide.

Cleared and ready for construction, it offers a blank canvas to create a dream waterfront residence or boutique development in a prestigious lifestyle setting. Adding to the allure, a private white sand beach and pontoon accommodate a vessel up to approximately 100ft, delivering an enviable boating lifestyle.

The Highlights:

- Supersized 1376m2 block boasting 35m of wide waterfrontage and views across to Rumrunner Park
- Tucked away at the end of a tranquil cul-de-sac
- Enviably located approx. 2km from golden beaches and 3km from the lively Nobby Beach dining precinct (approx.)
- Cleared blank canvas, ready for you to break ground
- Zoned Low Density Residential, with DA Approval for one or two dwellings that capitalises on the location, lifestyle and outlook
- ROL, OPW and electrical approvals offer added exceptional flexibility and future potential for developers or buyers looking to subdivide
- Enhanced privacy, with placement opposite parklands and approx. 90m canal width
- Private white sand beach with a pontoon to moor a boat up to approx.100ft.

Located to offer both peace and convenience, it's only a short stroll to Mermaid Waters Shopping Village to grab your morning coffee or evening takeaway meal. Savour the sand and surf in approx. 5 minutes, where you'll also be tempted by a tantalising array of Nobby Beach and Mermaid Beach restaurants, bars and cafes. Upscale retail and leisure mecca, Pacific Fair, and the excitement of Star Casino beckon within approx. 3.5kms plus you are central to parks, schools and sporting facilities.

Opportunities of this scale and calibre are increasingly scarce. Capitalise on the lucrative potential, location and outlook and set yourself up for a prosperous future. Contact Ryan Ward on 0405 309 359 or Darryl Bright on 0481 205 205 today.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 5 Canberra Ct, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,790,000
25 Nov 2024
  • 15 May 2026
    Listed for Sale $3,995,000
  • 25 Nov 2024
    Sold for $3,790,000
  • 12 Jul 2024
    Listed for Sale Not Disclosed
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 6,211 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 46 properties listed for sale, and 10 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 291 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.