Back 2/172 Barrier Reef Drive
Off Market

2/172 Barrier Reef Drive

Mermaid Waters QLD 4218

2
1
2
95 m²
214 m²
Townhouse
Last sold for $876,000
Bianca EagleBianca Eagle, last sold this property on 26 October 2025 after 68 days on market.

Overview

The Perfect First Home / Downsize / Investment

**Please note best access for Open Home: This property has direct street access and is directly across the road from 264 Rio Vista Boulevard, best parking anywhere along there. Conveniently located with easy access to public transport, Lake Hugh Muntz and Q Super Store, this well-maintained single-level duplex offers the affordability of complex living with the convenience of direct street access —no need to drive through the estate. Step inside and you'll find a home that has been thoughtfully cared for, with light-filled interiors that flow easily throughout, making it an ideal choice for first-home buyers, downsizers, or investors looking for a low-maintenance property. Boasting ample parking with a single garage, room to park in front, as well as street parking, not only that but room to extend your yard further (situated on a 214sqm block!), and two private courtyards, the perfect spot to enjoy your morning coffee or afternoon drink in the garden. This property presents a rare opportunity to secure a home that feels private, practical, and ready to welcome it's new owners whether you're a first home buyer, retiree looking to downsize, or an investor looking for something with a low body corp. Featuring: 2 bedrooms with built in robes 1 bathroom 1 car garage + park in front Open plan living/dining Separate laundry Kitchen with stone bench tops & dishwasher Air conditioner in master bedroom and living Ceiling fans Security screens throughout Outgoings: Rates: $2,430 per year Water: $416 per quarter Body Corp: $60 per week *All figures are approximate Advertising Disclaimer: You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Realty Blue Pty Ltd, and its director, offices, employees, agents, vendors, and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise.

Features

2 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
95 m² floor area
214 m² lot size
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Mermaid Waters over the last 12 months, the estimated median property value of 2/172 Barrier Reef Drive is $883k.

Median value
$883k
Estimated value range
$690k - $1.18m
Median days on market
26
Estimated value trend
13%
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 2/172 Barrier Reef Drive

2025
Rented
Undisclosed
Leased on 05 Nov 2025 by Ray White Mermaid Waters
2025
Sold
$876,000
26 Oct 2025 by Bianca Eagle, of Realty Blue Burleigh

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 townhouses in Mermaid Waters

In the last 12 months, 14 two-bedroom townhouses similar to 2/172 Barrier Reef Drive, have been sold.

This represents a 48% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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