53/111 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

53/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 527m2
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Property Details for 53/111 Markeri St, Mermaid Waters

53/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 527m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2002.

Building Type
Unit
Year Built
1994
Floor Size
94m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
53/BUP5255

Last Listing description (April 2012)

UNBELIEVABLE PRICE ONLY $185,000,MUST BE SOLD IN 2 DAYS, HURRY, GOING, GOING,...
DON'T WAIT, YOU BLINK AND IS GONE!! Just dropped the price from $275,000 to $185,000 Water front complex. This is an Excellent opportunity for first home buyers and investors looking for a 2 bedroom property in Mermaid Waters for $185,000
Currently rented at $290 per week until October 2012.

Features include:.
* Waterfront Complex
* 2 Bedrooms both with Build in Wardrobes
* Good size kitchen
* Open plan living and dining area opening to the balcony
* One large bathroom with bath and laundry combined
* Large lock up storage room and single carport
* Secured complex
* Excellent on-Site Managers
* Low Body Corp of only $49 per week solid sinking fund, recently painted building.
* Gated complex ??? quiet long term residential (no holiday apartments)
* 2 sparkling pools, Fishing jetty, boat ramp, BBQ & picnic and large parklands
* Local shops across the road including restaurants, fresh fruit, bakery etc.
The Sanctuary is a peaceful 80 unit gated permanent residential complex, primarily investment, on the water???s edge of Lake Intrepid. This complex is a sought after location for capital growth being on the water and close to Mermaid Beach, Pacific Fair, Jupiter???s and the Convention Centre.
Sustainability Declaration available on request

Property History for 53/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$120,000
11 Jan 2002
  • 23 Apr 2012
    Listed for Sale 185000
  • 01 Feb 2012
    Listed for Sale $275,000 NEG
  • 11 Jan 2002
    Sold for $120,000
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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 6,224 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 48 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 275 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.