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161 Barrier Reef Drive,
Mermaid Waters QLD 4218

This property is Off Market

All about Mermaid Waters Homes for sale in Mermaid Waters


  • The Average property price in this area is $1,389,716, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 2.49 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Ray White 17 DRAYTON TCE, 3000000 5 Beds - 3 Baths - 2 Parking Within 0.3 km Taylors 181 MARKERI ST, Offers over $2,295,000 4 Beds - 2 Baths - 2 Parking Within 0.4 km Ray White 43 INTREPID DR, 4000000 5 Beds - 6 Baths - 4 Parking Within 0.5 km At Realty 3 MARALINGA AV, Offers over $1,500,000 4 Beds - 3 Baths - 0 Parking Within 0.8 km Ray White 7 SANCTUARY CT, 1 4 Beds - 3 Baths - 2 Parking Within 0.9 km Taylors UNIT 3, GLENVALE, 15 DUET DR, Offers above $699,000 4 Beds - 1 Baths - 1 Parking Within 1.1 km Taylors UNIT 2, CRICKLEWOOD COURT, 5 ANGIE CT, Offers over $499,000 2 Beds - 1 Baths - 1 Parking Within 1.1 km Taylors UNIT 8, MERMAID LODGE, 12 DUET DR, $460 p/week 2 Beds - 1 Baths - 1 Parking Within 1.1 km Taylors UNIT 6, TAMARA LODGE, 8 ANGIE CT, $750 p/week 3 Beds - 2 Baths - 1 Parking Within 1.1 km Taylors UNIT 1, TAMARA LODGE, 8 ANGIE CT, Offers over $2,995,000 13 Beds - 7 Baths - 6 Parking Within 1.1 km The Agency UNIT 35, 56 HOOKER BVD, Contact agent 2 Beds - 2 Baths - 1 Parking Within 1.3 km Harcourts 9 WANNEROO CT, Contact Agent 4 Beds - 2 Baths - 2 Parking Within 1.4 km Ray White 28 MELODY ST, 1650000 3 Beds - 1 Baths - 5 Parking Within 1.5 km Harcourts 33 GRETEL DR, Priced To Sell 3 Beds - 2 Baths - 2 Parking Within 1.5 km Taylors UNIT 93, SAILFISH COVE, 215 COTTESLOE DR, Offers over $499,000 3 Beds - 2 Baths - 1 Parking Within 1.6 km Ray White 33 SUNDOWNER CT, 5000000 4 Beds - 5 Baths - 4 Parking Within 1.6 km Harcourts 40 PORT DR, $2,700,000 4 Beds - 2 Baths - 2 Parking Within 1.6 km Taylors 1 VATAKOULA PDE, Expressions of interest 4 Beds - 2 Baths - 2 Parking Within 1.6 km Ray White 3 ONDINE CT, 3000000 4 Beds - 3 Baths - 2 Parking Within 1.8 km

Recently Sold Properties in this Area

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About Mermaid Waters

With an average age of 43, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $450. The average family earns a weekly income of $2,097 with a typical household size of 2.5 and a 95.44% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Mermaid Waters is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Mermaid Waters provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Mermaid Waters necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1382 asthma sufferers and 494 people living with diabetes. In addition, 629 people have a heart/vascular condition and 1132 people live with three or more chronic diseases.

A good place to invest in property?

Mermaid Waters a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

26 / 100

32 / 100

Industry

44 / 100

32 / 100

Population

31 / 100

40 / 100

House Prices

75 / 100

63 / 100

Jobs

35 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Miami SS Merrimac SHS
  • St Vincent's Primary School

    Clear Island Waters, QLD, 4226 Independent Prep-6

  • Robina State School

    Robina, QLD, 4226 State Prep-6

  • Miami State High School

    Miami, QLD, 4220 State 7-12

  • Merrimac State School

    Merrimac, QLD, 4226 State Prep-6

  • Caningeraba State School

    Burleigh Waters, QLD, 4220 State Prep-6

  • Miami State School

    Mermaid Waters, QLD, 4218 State Prep-6

  • Surfers Paradise State School

    Surfers Paradise, QLD, 4217 State Prep-6

  • Broadbeach State School

    Broadbeach, QLD, 4218 State Prep-6

  • Merrimac State High School

    Mermaid Waters, QLD, 4218 State 7-12


Property Story

161 Barrier Reef Drive, Mermaid Waters, Qld, 4218 is a residential property . The estimated distance to the sea is 2.49km and at least 2.95KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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