Mermaid Waters home value file smashed eight instances in 2021

Mermaid Waters: eight record-breaking gross sales in 2021

A putting waterfront dwelling in Mermaid Waters has bought for $5.28 million, smashing the home value file by simply shy of $1 million within the former bridesmaid suburb.

It’s the eighth time the suburb’s highest sale value has been eclipsed this yr, as Mermaid Waters has emerged because the favoured deal with for households and interstate patrons making the transfer to the Gold Coast.

The four-bedroom luxurious dwelling at 62 Lakeview Blvd was inbuilt 2017 on a 1,407sq m allotment inside the Sunland Group’s grasp deliberate neighborhood.

Hanging architectural design

Advertising and marketing agent Trevor Groves, of Belle Maison Realty, mentioned it was snapped up by native patrons after 11 days in the marketplace, with the sale anticipated to settle in January.

The hefty transaction raised the bar for the favored space but once more, only one month after the earlier file of $4.35 million was set with the sale of one other waterfront stunner, a brand-new Hamptons dwelling at 45 Markeri St.

As soon as thought of a bridesmaid suburb to its oceanfront counterpart of Mermaid Seaside, Mermaid Waters has boomed within the post-pandemic market as many unique properties are renovated or changed with designer new builds. Home costs within the suburb had been up an enormous 38 per cent within the 12 months to September, reaching a median of $1.425 million, based on

Tropical atrium between residing areas and entertaining terrace

“We’ve seen 20 to 30 per cent development on the vast majority of waterfront properties that we’ve bought there within the final 18 months,” Mr Groves mentioned.

“Mermaid Waters was undervalued for some time period. It was all the time the poor cousin to Broadbeach Waters however I imagine Mermaid Waters is now much more in demand as individuals transferring up from down south have seen the fantastic thing about the realm.”

Giant blocks, family-friendly communities and proximity to the seaside and procuring centres had been all robust promoting factors.

Mr Groves mentioned the architectural design and level place of 62 Lakeview Bld proved notably enticing to patrons.

The kitchen has a butler’s pantry

The 2-level dwelling has 45m of waterfrontage, with a V-shaped flooring plan round a tropical atrium overlooking a magnesium infinity-edge pool and out of doors entertaining terrace.

Inside, crystal chandeliers are suspended from the 6.5m excessive lobby, whereas timber flooring and a stone function wall lend a contemporary aesthetic.

There’s additionally a brilliant billiards room with moist bar, luxurious master bedroom, workplace, media room and four-car storage plus workshop.

Mermaid Waters has notched up extra reported record-breaking gross sales than some other suburb on the Gold Coast, in a cracking yr the place a minimum of 40 native postcodes have smashed earlier highs.


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In February, the file held since 2017 fell when Gold Coast councillor Darren Taylor and companion Samantha Reynolds bought their renovated dwelling at 3 Vevey St at public sale for $3.397 million by means of Harcourts Broadbeach.

Subsequent up, 21 Saxonvale Tce bought below the hammer for $3.41 million in April. It was marketed by Rochelle Lamers and Eoghan Murphy, of Kollosche.

Simply two weeks later, 7 Crestmore Ave, marketed by Marco de Vincentiis and Jay Helprin of Kollosche, claimed the highest spot at $3.431 million.

There’s a billiards room, bar and media room

In Might, 30 Lancelin Dr was bought for $3.5 million by way of Justin Haynes of Amir Status.

The highest value then reached $3.52 million in July with the sale of a four-storey waterfront dwelling at 13 Intrepid Dr, which was owned by Hannah Quinlivan, the spouse of Taiwanese rapper Jay Chou. It was marketed by Sam Guo and Julia Kuo, of Kollosche.

And in September, a contemporary two-storey dwelling at 9 Rudder Ct modified fingers for $4.3 million following a advertising and marketing marketing campaign by Joshua Soineva, of Amir Status.

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