Back 5/27 Duet Dr
Off Market

5/27 Duet Dr

Mermaid Waters QLD 4218

2
1
1
Unit
Last sold for $835,000
Jarryd FisherJarryd Fisher, last sold this property on 11 December 2025 after 17 days on market.

Overview

A Refined Lakeside Sanctuary

An outstanding opportunity awaits those seeking the ultimate coastal lifestyle or a ready-to-go investment in one of the Gold Coast's most iconic locations. Perfectly positioned on the second floor of the boutique 'Lakeside Lodge' complex, this neat and tidy unit is one not to be missed. Offering both lifestyle and potential, it captures the very essence of relaxed coastal living. As you step inside, you're welcomed by a light-filled, open-plan layout that flows seamlessly to a private balcony overlooking Clear Island Lake. The kitchen is generous in size and features ample storage and a freestanding cooktop. The unit comprises two spacious bedrooms, each fitted with built-in wardrobes and ceiling fans, serviced by a well-appointed bathroom. Whether you're looking to move straight in or secure a high-performing investment, this vacant apartment delivers outstanding potential for both buyers and investors. Property Features: • Top Floor apartment • Kitchen with ample storage and electric cooktop • Open-plan layout • Two spacious bedrooms with built-ins • Large bathroom/laundry • Balcony • Ceiling fans • One secure car park • Body corporate fees of approximately $58 per week • Holiday letting or long-term leasing potential • Rental appraisal approx. $740-$780 per week Famed for its golden beaches, vibrant energy, and world-class lifestyle, Mermaid Waters truly is a sought after suburb. Blending urban sophistication with coastal charm, it's a destination where high-rise living meets laid-back beach culture. Residents enjoy an unbeatable lifestyle with an endless selection of cafés, fine dining, boutique shopping, and entertainment right on their doorstep. The pristine beachfront, thriving nightlife, and year-round events make Mermaid Waters one of Australia's most desirable addresses for homeowners and investors alike. With convenient access to the light rail, schools, and major shopping centres, this coastal hub offers both connectivity and convenience. Whether it's morning walks along the esplanade, dining by the water, or soaking up the skyline views from home, life in Mermaid Waters truly embodies the essence of the Gold Coast lifestyle. **Please note that while all due care is taken by RE/MAX Aspire to ensure that the information contained on any website, portal or marketing material is accurate, we accept no responsibility or liability in respect to any inaccuracies, errors or omissions. Prospecting purchasers should do their own independent research and enquiries to verify all information about the property**

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
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 5/27 Duet Dr 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 5/27 Duet Dr

2026
Rented
Undisclosed
Leased on 22 Mar 2026 by Coastal° Property Agents
2025
Sold
$835,000
11 Dec 2025 by Jarryd Fisher, of REMAX Aspire
2023
Rented
Undisclosed
Leased on 20 Nov 2023 by First National On The Coast

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 5/27 Duet Dr, have been sold.

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

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