Back 33/172 Barrier Reef Drive
Off Market

33/172 Barrier Reef Drive

Mermaid Waters QLD 4218

2
1
1
117 m²
Townhouse
Last sold for $840,000
Taylor DaviesTaylor Davies, last sold this property on 12 September 2025 after 14 days on market.

Overview

Relaxed loft-style living in 'Rio Vista Palms'

Positioned in the beautifully maintained 'Rio Vista Palms' complex, this spacious loft style villa has been cleverly designed for a relaxed, low-maintenance lifestyle. Featuring an attractive open plan layout with a large loft bedroom and private courtyard, it's a premium choice for buyers seeking easy living close to major shopping centres and just 7 mins to the beach. - Two bedroom loft-style villa in the neatly kept Rio Vista Palms complex - Handy location just 4 mins to the Q Super Centre or 5 mins to Pacific Fair - Generous open-plan living/dining area with air con, ample natural light - The space is magnified by the soaring gabled ceiling leading to the loft - Perfect as a comfortable bedroom, second living area or large study - Ground floor bedroom with two-way bathroom access and built-in robes - Neat and tidy kitchen offers a Samsung cooktop and plenty of storage - Private paved courtyard perfect for enjoying a cuppa in the sunshine - 3x split-system air conditioners, security screens, single lock-up garage - 7 mins to Mermaid Beach, stroll to Lake Hugh Muntz, 6 mins to Miami Marketta - Council Rates: $2,217.92 per annum. Water Rates: $1,518.12 per annum. - Rental appraisal: $750 - $800 per week.

Features

2 bedrooms
1 bathroom
1 carspace
117 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 33/172 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 33/172 Barrier Reef Drive

2025
Sold
$840,000
Private Sale/Treaty on 12 Sep 2025 by Taylor Davies, of McGrath Palm Beach
2025
Rented
Undisclosed
Leased on 02 Apr 2025 by McGrath Palm Beach
2024
Rented
Undisclosed
Leased on 15 Jan 2024 by McGrath Palm Beach

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 33/172 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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