8/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 sold on 11 June 2025 | OnTheHouse
SOLD
Sold on 11 Jun 2025 for $902,000

8/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 203m2
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Property Details for 8/172 Barrier Reef Dr, Mermaid Waters

8/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1988. The property has a land size of 203m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Townhouse sold in Mermaid Waters in the last 12 months.

Building Type
Townhouse
Year Built
1988
Floor Size
91m2
Land Size
203m2
Local Government
Gold Coast City
Lot/Plan
8/GTP1714

Last Listing description (August 2025)

Discover a rare opportunity to secure a fully renovated double-storey villa in the tightly held 'Rio Vista Palms' complex - one of only ten with direct street and garage access, offering the privacy and feel of a standalone home. This beautifully finished two-bedroom, two-bathroom residence promises effortless living in a highly sought-after lifestyle pocket.

Thoughtfully designed and impeccably styled throughout, the home offers a seamless blend of comfort, practicality and indoor-outdoor flow. The light-filled living and dining area features soaring high ceilings, creating an enhanced sense of space, complemented by air-conditioning and ceiling fans for year-round comfort. The stunning kitchen is a true centrepiece, complete with an island bench, breakfast bar, and modern finishes throughout.

Upstairs, the master suite is a private retreat with a beautifully renovated ensuite, while the second bedroom is conveniently located on the ground floor, serviced by a luxe main bathroom with floor-to-ceiling feature tiles and a separate powder room. All bathrooms and living areas exude quality and attention to detail, with contemporary fittings and a timeless palette.

Step outside to your own private backyard sanctuary - a large, covered alfresco entertaining deck flows onto a low-maintenance outdoor space, featuring no-maintenance artificial turf, landscaped gardens with garden lighting, and integrated external storage. The front courtyard also features landscaped gardens and garden lighting, adding a warm and welcoming ambiance. The home also includes air-conditioning in both bedrooms and the living area, ceiling fans throughout, an epoxy-finished garage floor + an abundance of storage space, separate laundry, and the added convenience of private street and garage access. The complex is quiet, secure, and exceptionally well-maintained, with an ultra-low body corporate of circa $35 per week - a rare advantage in such a central location.

Ideally located just minutes from the Q Super Centre and central to the vibrant precincts of Mermaid Waters, Mermaid Beach, Nobby Beach, Miami, and Burleigh Heads, this home places you at the heart of the Gold Coast lifestyle. Enjoy easy access to cafes, boutique shopping, local beaches, and dining hotspots - and for commuters, M1 motorway access is just a short drive away, making travel north or south a breeze.

This is a rare chance to secure a turnkey boutique residence in one of the Coast's most desirable lifestyle suburbs. Act quickly - opportunities like this don't last long.

Fully renovated double-storey villa offering seamless indoor-outdoor living
Spacious open plan living and dining with soaring high ceilings and abundant natural light
Designer kitchen with island bench, breakfast bar, and ample storage
Private covered alfresco entertaining deck with landscaped gardens and garden lighting
No-maintenance artificial turf in backyard for year-round ease of living
Master suite upstairs with stylish ensuite; second bedroom downstairs with luxe main bathroom and powder room
Air-conditioning in both bedrooms and main living area, plus ceiling fans throughout
Epoxy-finished garage floor, separate laundry, and integrated external storage
Secure, quiet complex with ultra-low body corporate of just $35* per week
Prime Mermaid Waters location just minutes to beaches, Q Super Centre, and M1 access
Ideal for owner-occupiers or investors seeking a turnkey opportunity in a high-demand area
Owners will consider offers prior to auction - act quickly to secure

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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 8/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$902,000
11 Jun 2025
Listed for Rent
$360/w
28 Nov 2014
  • 11 Jun 2025
    Sold for $902,000
  • 16 May 2025
    Listed for Sale Auction
  • 04 Sep 2018
    Sold for $358,500
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of 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 6,213 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 106.31% increase in median value, while Units have seen a 114.41% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Waters is $2,070,636 while the median value for Units is $941,548.
  • Houses have a median rent of $1,195 while Units have a median rent of $770.
There are currently 30 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 properties were sold in the past 12 months in Mermaid waters.

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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.