71 Sovereign Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

71 Sovereign Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 308m2
Land area: 607m2
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Property Details for 71 Sovereign Dr, Mermaid Waters

71 Sovereign Dr, Mermaid Waters is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 607m2 and floor size of 308m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
2024
Floor Size
308m2
Land Size
607m2
Local Government
Gold Coast City
Lot/Plan
628/RP138950

Last Listing description (February 2022)

UNDER CONTRACT.

Please send your ENQUIRY through this website using "Contact Agent" or "Get in Touch" buttons to receive ALL the information necessary on the property.

**NOTE: Inspections of this property are STRICTLY BY APPOINTMENT.**

IT'S TIME FOR THIS TIRED OLD HOUSE TO GO! So bring on the bull-dozer and BUILD YOUR DREAM HOME in this dreamy beach-friendly and sought after location! Opportunities like this don't come along often. Spanning 607sqm block with a HUGE street frontage of approx 25m, this very generous mostly LEVEL plot is in a prime pocket of Mermaid Waters and it's the perfect canvas on which to paint your future! Savvy investors know what a huge capital growth area this is for long term investment with possibilities to also capitalise on the potential as a duplex site, subject to council assessment of course. (See below for zoning info etc.) Please note that whilst there is a house currently situated on the block - it is not suitable for renovation and will need to be demolished.

**NOTE: Inspections of this property are STRICTLY BY APPOINTMENT.**

Within easy reach of world-class amenities and lifestyle treats in every direction.
Nobby's Beach
Pristine family-friendly beaches
Pacific Fair Shopping Centre
Star Casino
Pizzey Park is a Haven for sports lovers!
Public transport buses & light-rail north and south along the Gold Coast
A myriad of choice of cafes, restaurants, surf clubs
Broadbeach State Primary School, Merrimac State High School, Miami State High School

Site Information
Zoned "Low Density Residential"
Impact assessable
2-storey height restriction or 9 metres
Block dimensions - 25.4 M frontage
Block dimensions - 34.1 Nth boundary, 33.7 south boundary, 10.7 Rear boundary

We encourage your own due diligence with regard to any future development of this property.

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Buyers are to do their own due diligence as required.

*Please See BELOW for STRICT COVID-19 Rules that apply for ANY Inspections.

* WARNING: 1. If you are currently experiencing symptoms relating to COVID-19 or have recently returned from overseas travel please DO NOT ATTEND. 2. Please adhere to social distancing with our Staff and others. 3. We are required to record your name, contact number, & email address upon entry as required for tracing purposes by the Queensland Government. Please follow the QR Code check-in process if available.

We thank you for your cooperation in trying to keep everyone safe.

Property History for 71 Sovereign Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,250,000
18 Jan 2022
  • 18 Jan 2022
    Sold for $1,250,000
  • 12 Jan 2022
    Listed for Sale Contact Agent
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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 6,226 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 49 properties listed for sale, and 17 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 280 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.