55/172 Barrier Reef DriveMermaid Waters QLD 4218
Property Details for 55/172 Barrier Reef Dr, Mermaid Waters
55/172 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 190m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2014.
Last Listing description (October 2014)
THIS LOCATION IS EVERYTHING FOR THE INVESTOR
Located in the Rio Vista Palms complex.
This unique property has a north facing corner outlook,
* 1 bathroom with separate toilet
* Huge fully enclosed and private court yard
* Open plan living
* Single lock up garage
* Air-conditioning
* Low body Corporate - approx $1404 pa
* Rates are approx $910 pa
* Water is around $1,350 pa
* Live in or rent out for approx. $280 pw
Phone Eugene Korin on 0411 740 603 for an inspection
First National Commercial Real Estate
Level 4/ 16 Queensland Avenue, Broadbeach Qld 4218
Disclaimer: Surfers Paradise First National accepts no responsibility for the statements and information in this advertisement and rejects all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. For all enquiries and information relating to this property, please contact First National Commercial Gold Coast on (07) 5570 3300
Property History for 55/172 Barrier Reef Dr, Mermaid Waters, QLD 4218
- 30 Sep 2014Sold for $222,500
- 05 Jul 2014Listed for Sale 249000 NEG
- 18 Aug 1998Sold for $90,000
Recent sales nearby
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0About 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 6,230 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.01% increase in median value, while Units have seen a 75.05% increase. As at 31 August 2026:
- The median value for Houses in Mermaid Waters is $2,149,184 while the median value for Units is $980,438.
- Houses have a median rent of $1,400 while Units have a median rent of $850.
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