5 Lancelin Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5 Lancelin Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 683m2
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Property Details for 5 Lancelin Dr, Mermaid Waters

5 Lancelin Dr, Mermaid Waters is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 683m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1980
Floor Size
198m2
Land Size
683m2
Local Government
Gold Coast City
Lot/Plan
132/RP177377

Last Listing description (October 2024)

Gain a foothold in one of the Gold Coast's most highly regarded family suburbs, with this single-storey house set within striking distance of amenities and beaches.

An ideal family home or investment property, maintenance is kept to a minimum thanks to an industrial-inspired interior, which features polished concrete flooring and benchtops, exposed copper features and black tapware.

When not making use of the home's resort-style pool and concrete basketball half-court, a family can comfortably co-exist spread among four bedrooms and open-plan kitchen, living and dining space.

A new owner can capitalise on the full potential of this east-facing, oversized block by undertaking a renovation, extension or rebuild. Alternatively, investors will appreciate the excellent income potential that comes from renting it out.

Set at the end of a quiet cul-de-sac, the house is in a highly convenient and central position, with amenities such as Pizzey Park, Pacific Fair Shopping Centre, The Oxley precinct at Nobby Beach, Miami High School and Bond University all within a 4km radius.
The Highlights:

- Single-storey, home on 683m2* east-facing block
- End of cul-de-sac position in central family-friendly suburb
- Close to amenities such as Pizzey Park sporting and recreational grounds, shopping centres, schools and the beach at 3km
- Recent refresh, including fresh paint inside and out
- Resort-style pool; basketball half-court; expanses of lawn
- Low-maintenance interiors, polished concrete flooring in living spaces and master suite; wood-effect flooring in bedrooms; VJ panel feature walls, black tapware
- Open plan kitchen, living and dining room; living has built in bar area, cabinetry
- Kitchen has 3m kitchen island with concrete benchtops, built-in dishwasher, Smeg 90cm cooker with five-burner gas cooktop and electric oven
- Master bedroom has walk-in dressing room, fully tiled ensuite with walk-in shower, vanity, basin, toilet; split-system air conditioner; slider to front patio
- Three further bedrooms, all with built-in wardrobes
- Main bathroom is fully tiled with built-in bath, shower, vanity, separate toilet
- Laundry with drying rail, storage, oversized sink, barn door slider
- Sheer curtains, block-out blinds throughout; fly screens and screen mesh
- Ceiling fans
- Triple storage cupboard
- Single car port, plus additional space for parking on gated driveway
- Garden shed

Positioned in the central suburb of Mermaid Waters, this property sits in one of the Gold Coast's most sought-after locations with proximity to patrolled beaches, excellent cafes and world-class dining. Surrounded by parks and recreational sporting facilities, including popular Pizzey Park, you are an easy 1.5km stroll to coffee and food outlets at Mermaid Waters Shopping Village and a short 5km drive to Pacific Fair Shopping Centre and the Albert Waterways Community Centre and Library. The home is in the catchment area for Miami State School at less than 1.5km and Miami High School less than 3km away. A 15-minute drive opens access to elite private schools The Southport School and St Hilda's.

Stake a claim within this increasingly sought-after and highly regarded central Gold Coast suburb - contact Taylor Kleinberg on 0447 466 177.

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

Property History for 5 Lancelin Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,489,000
08 Aug 2024
Listed for Rent
$850/w
07 May 2021
  • 08 Aug 2024
    Sold for $1,489,000
  • 02 Jul 2024
    Listed for Sale Auction On Site, Friday 26 July at 10:00am
  • 20 Apr 2021
    Listed for Rent $850 / week
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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 6,214 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 108.59% increase in median value, while Units have seen a 102.28% increase. As at 31 December 2025:

  • The median value for Houses in Mermaid Waters is $2,119,932 while the median value for Units is $913,434.
  • Houses have a median rent of $1,150 while Units have a median rent of $773.
There are currently 30 properties listed for sale, and 10 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 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.