5 Karbunya StreetMermaid Waters QLD 4218
Property Details for 5 Karbunya St, Mermaid Waters
5 Karbunya St, Mermaid Waters is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 806m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.
Last Listing description (November 2025)
AUCTION IN ROOMS WEDNESDAY 26th NOVEMBER at 11:00AM
Venue: Level 1, 16 Queensland Ave Broadbeach (Coastal Building)
Deposit: 5% payable within 2 business days
To register prior to auction; Email: teamstephens@coastal.com.au or SMS 0402 888 397
*If bidding on behalf of another party or via the phone, please indicate so we can make the appropriate arrangements.
Note: Offers prior to auction will presented, however, not accepted, as the Sellers are proceeding to auction.
MASSIVE DEVELOPMENT OPPORTUNITY IN A HOT LOCATION!
Perfectly positioned in one of the Gold Coast's most sought-after coastal pockets, 5 Karbunya Street offers an exceptional opportunity for astute buyers, developers, or those seeking the ultimate beachside lifestyle. Sitting proudly on a generous 806m² corner block, this address is all about location, just 650m walking distance from Nobby Beach, vibrant dining precincts, premier sporting facilities and convenient transport options connecting you to the rest of the city.
With dual street access, 9m maximum building height and potential for a duplex or triplex development (subject to council approval), this property is ready for its next exciting chapter. Whether you renovate, rebuild, or redevelop, the future is bright in this tightly-held enclave.
This property is going to Auction on Wednesday 26th November at 11am in-rooms. If not sold prior!
(Level 1, 16 Queensland Ave, Broadbeach - Coastal Building)
Redevelopment & Location Highlights:
- 806m² corner block
- Dual driveway access - ideal for redevelopment
- Duplex/triplex potential (STCA)
- 9m height limit offering multi-level design options
- 650m to Nobby Beach & Nobby Surf Club
- 600m to The Oxley 1823 dining precinct, restaurants & boutique cafes & shops
- 250m to tram stop for easy travel North & South
- 700m to Waterways Shopping Village (IGA, chemist, bakery & more)
- Short walk or ride to Pizzey Park - premier sports & recreation hub
Notable Features:
- 4 bedrooms (4th would be ideal as a study or bedroom)
- 2.5 bathrooms (main ensuite + family bathroom + powder room)
- 2 living areas - one with cosy fireplace and both separated by beautiful arched ceilings
- Well-appointed kitchen with stone bench tops, induction cooktop, smeg dishwasher, Bosch oven and walk-in pantry
- Spacious main bedroom with walk-in robe, main ensuite has double basins, shower, spa bath and toilet
- Second bathroom has bath/shower and toilet
- Air-conditioning in main living, main bedroom & 4th bedroom/study
- Fully fenced swimming pool
- 7 Solar panels
- Undercover patio, perfect for morning coffee
- Separate laundry with ample storage
- Lush landscaped gardens & 3m x 3m shed
- Secure parking: 2-car garage + workshop + carport + gated additional space
Financials:
- Council rates $3,192 (approx. per annum)
- Water rates $1,480 (approx. per annum)
- Projected rental of $1,500 - $1,600 (approx. per week)
Travel to:
- Nobby Beach Surf Club - 650m
- Nobby Beach - 650m
- The Oxley 1823 village market & dining - 600m
- Waterways Shopping Village - 700m
- Pizzey Park Sports Precinct - 1.4km
- Miami State School / Miami High - within minutes
- Pacific Fair Shopping Centre - 2.5km
- The Star Casino - 3.5km
- Broadbeach dining & entertainment - 3.5km
- Bond University - 5.6km
- Gold Coast Airport - 20km
- Tram & bus stops - 250m
A cherished family home today with enormous future potential, whether you update, invest, or design your dream coastal development, this exceptional location ensures strong long-term value. Opportunities like this in Mermaid Waters are truly rare.
For further information on this property please contact Grant & Cassandra Stephens on 0402 888 397 or email teamstephens@coastal.com.au.
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 disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 5 Karbunya St, Mermaid Waters, QLD 4218
- 26 Nov 2025Sold for $2,700,000
- 06 Nov 2025Listed for Sale Auction
Recent sales nearby
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0About 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 6,212 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 112.08% increase in median value, while Units have seen a 108.72% increase. As at 31 October 2025:
- The median value for Houses in Mermaid Waters is $2,056,679 while the median value for Units is $911,466.
- Houses have a median rent of $1,150 while Units have a median rent of $760.
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