5 Drayton Terrace, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5 Drayton Terrace
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 290m2
Land area: 1034m2
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Property Details for 5 Drayton Tce, Mermaid Waters

5 Drayton Tce, Mermaid Waters is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 1034m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in May 2008.

Building Type
House
Year Built
1990
Floor Size
290m2
Land Size
1034m2
Local Government
Gold Coast City
Lot/Plan
52/RP205625

Last Listing description (August 2008)

Brilliant Home/Brilliant Location
Beautifully designed, this single level showpiece boasts nearly 42 squares (36sq internal) of style across an intelligent floor plan that provides space for every mood and occasion. Features include a generous formal lounge, a contemporary gourmet kitchen (stainless steel appliances, loads of benches) overlooking an impressive open plan living area enhanced by wide doorways and natural light. There is the flexibility of either 4 or 5 BEDROOMS (main with ensuite & walk-in-robe has tropical garden views), while the other bedrooms are double sized, and feature bay windows and garden views. An impressive catalogue of extras includes;
A huge outdoor alfresco area taking advantage of the perfect north to water aspect; Cosy fireplace; and a Triple remote controlled garage with internal access.

The brilliant location, the highly coveted Drayton Terrace area, is opposite a large park and has easy access to a wide choice of schools, shopping and world class eateries. This is an extremely rare opportunity to secure a well designed home in a tightly-held area, so express your interest soon.

Additional feature - Close to Schools.

Property History for 5 Drayton Tce, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$985,000
24 May 2008
  • 24 May 2008
    Sold for $985,000
  • 07 Apr 2008
    Listed for Sale $1,050,000
  • 09 Jul 1997
    Sold for $407,500
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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 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
  • Houses have a median rent of $1,200 while Units have a median rent of $773.
There are currently 31 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 313 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.