6/40 Oceanic Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

6/40 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 224m2
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Property Details for 6/40 Oceanic Dr, Mermaid Waters

6/40 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 224m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1979
Floor Size
98m2
Land Size
224m2
Local Government
Gold Coast City
Lot/Plan
6/BUP3361

Last Listing description (June 2016)

This home has been fully renovated and would be great for the first home buyer, investor or Self Managed Super purchaser. Perfectly positioned on the end in a small block of 6 units and with a low body corporate you simply won't find better value anywhere on the Coast. With nothing more to spend simply move straight in and start enjoying the lifestyle this location brings.
Featuring:
2 bedrooms

1 bathroom
Fully renovated
Beautiful kitchen with all the latest appliances
New carpet
Very large North facing balcony
Air conditioned in both bedrooms
Solid construction with internal brick walls
End unit in a small block of 6
Very light and bright
Very spacious
Single lock up large garage
Low Body corporate - approx. $34 per week
Close to transport and Pizzy Park
Close to local schools
Walk to local shops, cafes and restaurants
Walk to the beach
Don't miss this opportunity as it will not last long.
Property Code: 1003

Property History for 6/40 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$700,000
14 Apr 2025
Listed for Rent
$350/w
20 May 2016
  • 14 Apr 2025
    Sold for $700,000
  • 20 May 2016
    Listed for Rent - Price not available
  • 27 Apr 2016
    Sold for $309,000
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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 6,219 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 51 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 280 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.