61/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

61/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 61/172 Barrier Reef Dr, Mermaid Waters

61/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1988. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Townhouse
Year Built
1988
Local Government
Gold Coast City
Lot/Plan
61/GTP1771

Last Listing description (February 2023)

When they say, "It's all about Location" it usually is!

Located in this quiet complex, known as RIO VISTA PALMS, has a secret... be the first to secure this incredible rare find! These spacious Villa's don't come available often.
Just walking distance to the Q-Store super center, Pacific Fair, Star Casino & the Beach!

Mermaid Waters, a suburb that has become the next most sough-after suburb alongside Mermaid Beach, but without the million-dollar price tag! Call Michelle to view this delightful solid brick & tile, single level Villa before you miss the boat!

Part renovated, private king size master bedroom, with two-way bathroom, open plan spacious living, offering 144 m2 of secure space and peace of mind. Perfect for the investor, down-sizer or first homebuyer an opportunity to secure a further investment, that won't break the budget!

This adorable spacious part-renovated 1-bedroom, single level Villa is situated at the quieter end of the complex. Offering privacy and security, with an undercover entertainment space & large fully fenced courtyard, for your pet to roam.

Features;
1 very spacious bedroom
Two-way bathroom
Separate toilet
Separate laundry with direct external access
Lock up garage
Open plan lounge. living & kitchen
Built-ins & ceiling fans
Air-conditioning
Timber look floorboards
Very spacious, private fully fenced courtyard
Outdoor undercover area

Per friendly
Low body-corp; $28 per week
Rates; Approx. $400 per qtr
Water; Approx. $345 per qtr

Contact Michelle today for more information, regarding this property. on 0476 300 688

Property History for 61/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$545,000
20 Dec 2023
  • 28 Feb 2023
    Listed for Sale SOLD By MICHELLE McRAE
  • 17 Nov 2022
    Sold for $537,500
  • 17 Nov 2022
    Sold for $537,500
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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.