7/160 Barrier Reef Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

7/160 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 114m2
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Property Details for 7/160 Barrier Reef Dr, Mermaid Waters

7/160 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 114m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
1986
Floor Size
72m2
Land Size
114m2
Local Government
Gold Coast City
Lot/Plan
7/BUP7615

Last Listing description (July 2025)

Positioned in a highly sought-after pocket of Mermaid Waters, this 2-bedroom unit offers a fantastic opportunity first-home buyers or savvy investors looking to add value in a strong-growth area.

Key Features:
2 generously sized bedrooms with built-in wardrobes

2-way bathroom for added functionality
Open-plan living and dining area with split-system air conditioning
Private, secure outdoor area perfect for entertaining
Lock-up garage plus additional parking space
Pet-friendly complex with a shared in-ground pool
Small complex of just 11 units - low body corp!

Location Highlights:
Only 7 minutes to the beach
Close to local shops, cafes, schools, and public transport
Within Miami State School and Merrimac State High catchments
Easy access to major roads and parks

114m2
BC fees: $57 per week
Rates: $1022
Currently tenanted until Oct, 25.

The Phone Code for this property is: 80014. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 7/160 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$765,000
25 Jun 2025
Listed for Rent
$480/w
10 Sep 2021
  • 25 Jun 2025
    Sold for $765,000
  • 06 Jun 2025
    Listed for Sale $750,000
  • 04 Sep 2021
    Listed for Rent $480 / 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 6,215 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, 283 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.