64/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

64/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 150m2
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Property Details for 64/172 Barrier Reef Dr, Mermaid Waters

64/172 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 150m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
Townhouse
Year Built
1987
Floor Size
65m2
Land Size
150m2
Local Government
Gold Coast City
Lot/Plan
64/GTP1771

Last Listing description (April 2024)

Nestled within the sought-after Rio Vista Palms complex, this charming 1 bedroom, 1 bathroom villa offers a delightful blend of comfort and convenience. While the property retains its original 'retro' charm, it has been meticulously maintained, offering a unique character that sets it apart.

Positioned at the end of a row of homes, this unique residence shares only 1 wall, providing an added sense of privacy and a larger-than-average courtyard space. In addition to the spacious outdoor area this villa also enjoys an open-plan living and dining, plus a generous size kitchen, laundry with external access, and the convenience of a single lock-up garage.

Presenting exceptional value for both investors and owners, this relaxed home offers a low-maintenance entry into the desirable suburb of Mermaid Waters. Situated within close proximity of lively shopping and dining hubs, tranquil parklands, and the beach you'll be spoilt for choice with the ultimate in both lifestyle and location on your doorstep.

Features include:
- Located in the desirable Rio Vista Palms complex
- Low body corporate fees
- Positioned at the end of the block (only 1 shared wall)
- Single level home
- Larger than average, private courtyard
- Master bedroom
- well-appointed bathroom
- Spacious living and dining
- Generous size kitchen with a functional layout
- Internal laundry with courtyard access
- Single lock-up garage
- Great location close to shopping, dining, and the beach

Suburb profile:
Centrally located to the very best the Gold Coast has to offer, Mermaid Waters provides relaxation and lifestyle second to none! Filled with an array of trendy cafes, restaurants and bars you'll be spoilt for choice. Moments away from beaches, shopping mecca Pacific Fair, sports and recreation precinct Pizzey Park and Primary and High Schools. The waterfront properties offer direct ocean access, ideal for water enthusiasts and leafy parks and bikeways appeal to the outdoorsy type. A friendly community suburb, Mermaid Waters has something on offer for everyone.

Property History for 64/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$253,000
14 Jun 2014
Listed for Rent
$425/w
24 Nov 2021
  • 16 Nov 2023
    Listed for Sale $559,000
  • 08 Oct 2021
    Listed for Rent - Price not available
  • 21 Sep 2017
    Listed for Rent $310 / week
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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 6,225 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.
There are currently 60 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 268 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.