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

5 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 607m2
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Property Details for 5 Oceanic Dr, Mermaid Waters

5 Oceanic Dr, Mermaid Waters is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 607m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1982
Floor Size
93m2
Land Size
607m2
Local Government
Gold Coast City
Lot/Plan
311/RP156860

Last Listing description (July 2022)

You will love living in this prime and sought after location where everything you need is right at your fingertips! Set on a well positioned 607m2 block, this neat and tidy 4 Bedroom air conditioned family home offers a practical floor plan with great bones for you to make your personal touches and add value!

Owner seeks immediate cash sale!


Offering 4 bedrooms, spacious living areas with high ceilings and timber beams and large undercover entertaining patio area across the entire rear of the home. This abode makes for a great entertaining space adjoining a large fully fenced grassed yard that is perfect for both the kids and pets to play securely - there's even room for a pool!

You'll never want for anything in this highly sought after location. Ideally located within footsteps to Waterways Shopping Centre, Miami State School, Pizzey Park Pool and Sporting Complex and Burleigh Bears Leagues Club and just a few minutes drive to Q Super Centre, Pacific Fair and patrolled beaches.

Features:
- Single level brick and tile home
- Potential plus - renovate into your dream home
- 4 bedrooms
- Bathroom plus a second toilet
- Spacious living ares with high raked ceilings
- Large covered entertaining area
- Huge amount of yard area both front and fully fenced and secured at the back with built in BBQ and clothes line
- Lock up garage
- Large Storage shed in back yard
- 607m2 land area
- Kitchen with stone benchtop
- 3 x split system air conditioners and multiple ceiling fans
- Super convenient location, metres to Waterways Shopping Centre, Miami State School, Pizzey Park Pool and Sporting Complex and Burleigh Leagues Club
- Short drive to Q Super Centre or world class shopping at Pacific Fair
- Close to an array of restaurants and cafes and beautiful patrolled beaches

Council rates: $2,500 per annum (approx.)
Water rates: $1,400 per annum (approx.)
Rental income: Currently tenanted at $490 per week until October 2021

Contact Luke Henderson or Matt Maguire today for a copy of the information pack or for this week's inspection times.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

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

A timeline of how this property has performed in the market
Last Sold
$974,000
02 Aug 2021
Listed for Rent
$490/w
24 Apr 2020
  • 02 Aug 2021
    Sold for $974,000
  • 09 Jul 2021
    Listed for Sale $949,000
  • 09 Apr 2020
    Listed for Rent $490 / 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 6,207 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 33 properties listed for sale, and 16 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.