63/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

63/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 137m2
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Last updated 13 Jul 2026
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Property Details for 63/172 Barrier Reef Dr, Mermaid Waters

63/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1987. The property has a land size of 137m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Townhouse
Year Built
1987
Floor Size
74m2
Land Size
137m2
Local Government
Gold Coast City
Lot/Plan
63/GTP1771

Last Listing description (July 2026)

Nestled in a tranquil setting, this charming villa retains its original character, offering a unique opportunity for renovation enthusiasts.
Upon entry is an oversized open plan living with a functional kitchen ,breakfast bar and dining area. The clever layout incorporates an internal laundry that flows out to the neat paved private courtyard. Another great feature is your own single lock up garage with ease of internal entry to the property.

This villa invites you to either move straight in or restore its former glory while infusing modern comforts. Ideal for those seeking a project, downsizing or adding to an investment portfolio. This property is true gem enjoying a low maintenance lifestyle in the highly sought after pocket of Mermaid Waters.

Features:
One good size bedroom with built-in robes and ceiling fan
Air-conditioning unit/ ceiling fan in open plan living and dining area
Single lock up garage with direct access to the villa and visitors parking
Low body corporate
Walk to Q Super Centre and public transport at your doorstep for Pacific Fair Shopping Centre and Robina Town Centre
Private outdoor enclosed courtyard
Separate laundry
Manicured front gardens
Low maintenance
Close to public transportation
Body Corp: $32 per week approx.
Council Rates: $1,303.74 per half year
Water Rates: $450.16 per quarter

A great opportunity not to be missed to enter the Gold Coast property market all in a desirable convenient location of Mermaid Waters!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 63/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$600,000
13 Dec 2024
  • 13 Dec 2024
    Sold for $600,000
  • 15 Oct 2024
    Listed for Sale $595,000
  • 04 Aug 2014
    Sold for $255,000
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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 6,215 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 65.96% increase in median value, while Units have seen a 81.74% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Waters is $2,206,438 while the median value for Units is $977,354.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 46 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 287 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.