52/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

52/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 195m2
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Property Details for 52/172 Barrier Reef Dr, Mermaid Waters

52/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 195m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
1987
Floor Size
72m2
Land Size
195m2
Local Government
Gold Coast City
Lot/Plan
52/GTP1771

Last Listing description (May 2017)

Owner says make an offer.
So hard to find, a single level villa with no stairs in a central location. Especially one in excellent condition with an extra large living area and a good size private courtyard and undercover patio.
A spacious and private back courtyard, lock up garage with automatic door and a very low body corporate of only $36pw.

Close to 3 bus stops.
Suits an owner occupier or investor. This property is currently empty with new carpet just installed and is ready to move into. For the investor, a tenant could easily be secured prior to settlement.
Permanent Rental Potential: $340-$350 per week *
Body Corp appx: $36 per week *
GCCC Rates appx: $1,400 per year*
GCCC Water appx: $1,400 per year*
Size of villa and courtyard combined = 159m2
Features
- Ceiling fans in living area and master bedroom
- New carpet living and bedroom
- Nice light coloured tiles dining and kitchen
- Large split system air conditioner in living area
- Separate laundry
- Large courtyard with lawn area and undercover patio
- End villa and one of the most sought after positions in the complex
- Security screens to all windows and doors
- Mirrored sliding robes in bedroom plus TV point and phone point
- Double sink in kitchen, stainless steel wall oven and stainless steel rangehood
- Ceramic cooktop, space for a dishwasher Breakfast bar
- Very low body corporate
Centrally located in Mermaid Waters you are only a few minutes walk to The Super Q shopping centre and equally close to the Robina Town Centre and Pacific fair shopping centre. The bus stops at the front of the complex and if driving you are only 3-4 minutes from the beach. Close to schools and a lovely park fronting a beautiful freshwater lake is straight across the road. Certainly, a blue-chip location.
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. * denotes approximate measurements

Property History for 52/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$290,000
11 May 2017
  • 11 May 2017
    Sold for $290,000
  • 29 Apr 2017
    Listed for Sale $329,000 Negotiable
  • 13 Apr 2006
    Sold for $156,000
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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 6,226 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 50 properties listed for sale, and 18 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 282 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.