Back 1/52 Oceanic Drive
Off Market

1/52 Oceanic Drive

Mermaid Waters QLD 4218

2
1
2
74 m²
Unit
Last sold for $700,000
Ben GannonBen Gannon, last sold this property on 31 August 2025 after 16 days on market.

Overview

MERMAID WATERS - GROUND FLOOR UNIT - POTENTIAL PLUS

This well-positioned 2-bedroom, 1-bathroom ground floor unit offers an exceptional opportunity for first-home buyers, downsizers or investors seeking a property with considerable potential. Nestled within a boutique block of just six units, the property provides a simple, low-maintenance lifestyle with excellent access to local amenities and recreational facilities. Key Features & Benefits: • Rear off-street, covered parking. • Brought to the market for the first time in 24 years, the property requires internal updates - offering a fantastic scope to add value through renovation and modernisation. • With only six units in the complex, residents benefit from privacy and peace whilst being central to all the Gold Coast has to offer. • Situated within walking distance or quick driving distance to essential amenities including shopping centres like the Q Super Shopping Centre, Pizzey Park and other recreational areas, cafes, and local parks. • Low Body Corporate Fees. This affordable entry point property is ideal for first home buyers, downsizers & investors looking to expand their portfolio. With some upgrading and modernisation, this property has the scope to significantly increase in value, making it an attractive long-term investment. Surrounded by a host of lifestyle amenities just steps from your door. Walking distance to Pizzey Park and Miami Aquatic Centre and Mermaid Waterways Village for an array of cafe and dining options. The golden sands of Nobby Beach only moments away along with the Nobbys Beach bar and dining precinct and future light rail. Situated in the catchment for Miami State School and Miami State High School. The Gold Coast Highway is nearby for easy access north to Broadbeach, South to Burleigh, and beyond.

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
74 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mermaid Waters over the last 12 months, the estimated median property value of 1/52 Oceanic Drive is $832.5k.

Median value
$832.5k
Estimated value range
$662.5k - $1.25m
Median days on market
21
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Waters. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/52 Oceanic Drive

2025
Sold
$700,000
31 Aug 2025 by Ben Gannon, of Ray White Mermaid Waters

Happy sellers in Mermaid Waters

90%
90% of sellers in Mermaid Waters reported that their sale price either exceeded or met their price expectations.

Mermaid Waters stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 56 reviews in Mermaid Waters over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Waters

In the last 12 months, 34 two-bedroom units similar to 1/52 Oceanic Drive, have been sold.

This represents a 23% decrease in two-bedroom units sales when compared to the previous 12 months.

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