63/111 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

63/111 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 63/111 Markeri St, Mermaid Waters

63/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. 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 transferred in July 2016.

Building Type
Unit
Year Built
1982
Floor Size
94m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
63/BUP5255

Last Listing description (February 2010)

Modern Air-conditioned Apartment Start-Up Finance Option Available
Very attractive modern tree-top apartment nestled into the tranquil park like grounds for maximum privacy overlooking the upper pool and tropical gardens from the main balcony. The generous kitchen is larger than expected with abundant cupboard space and is finished in granite look bench tops and ceramic tile splashback.
This tastefully decorated and very well located apartment represents an excellent opportunity to buy into the well located and popular Sanctuary Apartments.

The air-conditioned open plan living area flows out to the first level balcony with enough room for a dining setting and BBQ.
The apartment has been recently professionally painted and the open plan living and dining areas are carpeted and decorated in neutral colours with a feature wall in the main living area.
The two double bedrooms have been decorated in neutral colours with large built-in wardrobes with mirror sliding doors. All rooms have quality drapes and light fittings with the master bedroom having its own private balcony with a peep of the Surfers skyline.
The modern bathroom is tiled with a contemporary large walk in shower. A new dryer is included in the laundry. The under building carport has room for two cars in tandem and also includes a large lockup storage room.
Currently rented at $310pw this property would be equally suited to the astute investor or to make your own home.
An attractive finance package is available on a small deposit to make this property easily accessible to anyone looking for an opportunity to get on the property ladder (conditions apply).
FEATURES INCLUDE:
* Peaceful Tree-Top Tropical garden outlook
* Large modern kitchen with generous storage space.
* Renovated bathroom with walk-in shower.
* Air Conditioned.
* Recently fully repainted interior.
* Includes new dryer.
* Large lockup storage room & undercover car-parking for 2 vehicles in tandem
* Quiet & Secure Gated complex long term residential (no holiday apartments)
* 2 swimming pools, Fishing jetty, Large parklands and wide canal foreshore
* Short stroll to local shops (Green Grocer, Chemist, Bakery & more..)
* Low Body Corp levies, solid sinking fund, low maintenance building.
* The Sanctuary is a consistent rental performer - excellent income continuity
* Vendor finance package available to help build up your equity & payment history.
So close to everything right in the heart of Mermaid Waters, The Sanctuary is a peaceful permanent residential complex with two pools, boat ramp and fishing jetty all in a casual tranquil garden setting. In addition to these features the entire building has just been painted in contemporary colours giving a modern fresh new look. This is a sought after location close to Mermaid beach, Pacific Fair, Jupiter s and the Convention Centre.
A copy of the Sustainability Declaration for this property can be obtained by contacting the agent, for more information visit www.dip.qld.gov.au.

Property History for 63/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Transferred
$100,411
28 Jul 2016
  • 28 Jul 2016
    Transferred for $100,411
  • 06 Feb 2010
    Listed for Sale 309000
  • 03 Dec 2009
    Sold for $305,000
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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 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 276 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.