7 Dame Patti Ave, Mermaid Waters is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1978. While the property is not currently for sale or for rent, it was last sold in September 2012.
Some homes are bought for what they are today.
Others are bought because of where they are.
Positioned just 500 metres from the golden sands of Mermaid Beach, this is one of those increasingly rare opportunities where lifestyle, flexibility and long-term capital growth come together in one of Mermaid Waters' most tightly held streets.
Surrounded by prestigious waterfront homes and just moments from the beach, cafs, Pacific Fair, the G and waterfront parklands, this is a location buyers rarely leave and one that continues to outperform because of its scarcity.
Whether you're looking for a home to move into, an investment with immediate income, or a blue-chip landholding to renovate, extend or rebuild in the future, this property gives you options that become harder to find every year.
Inside, the home has already been tastefully modernised with a designer kitchen, renovated bathrooms and a versatile floorplan that adapts effortlessly to changing family needs. Currently configured as three bedrooms plus two dedicated home offices, it can easily function as a four or five-bedroom home if required.
Natural light fills the open-plan living spaces, flowing seamlessly to covered outdoor entertaining areas overlooking a private east-facing backyard and pool, creating the relaxed coastal lifestyle that makes this pocket so sought after.
Currently returning $1,250 per week, the property also offers immediate holding income while you plan your future, with excellent tenants in place until 10 August 2026 who are happy to remain or are open to a negotiated relocation should an owner-occupier wish to move in sooner.
Why buyers are targeting this location
- Approximately 500 metres to Mermaid Beach
- Quiet street surrounded by quality waterfront homes
- 668sqm block with future potential
- Renovated kitchen and bathrooms
- Flexible layout with up to five bedrooms
- Multiple indoor and outdoor living zones
- East-facing backyard with pool
- Solar power and excellent storage
- Double carport with automatic door
- Walk to cafs, Woolworths Metro, light rail and waterfront parklands
- Minutes to Pacific Fair, Q Super Centre and leading schools
Locations like this are becoming increasingly difficult to secure.
The home can always be improved over time.
The location cannot.
Opportunities within easy walking distance of Mermaid Beach, in a quiet residential pocket with genuine long-term upside, are tightly held for a reason.
Inspect today and discover why buyers who secure homes in this neighbourhood rarely look back.
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 6,220 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:
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