110 Sunshine Boulevard Mermaid Waters QLD 4218

110 Sunshine Boulevard Mermaid Waters QLD 4218
4 bed, 2 bath, 2 car | 613sqm on Sunshine Boulevard | Auction Friday 22 May | Flood overlay detected, no bushfire risk This property occupies a competitive position in Mermaid Waters by pairing a full four-bedroom, two-bathroom floorplan with a 613sqm lot in a street where 80% of residents are long-term owners. The configuration suits a family seeking school catchment access to Broadbeach State and Merrimac High without compromising on secure parking and built-in storage. The reliable NBN and 5G coverage support remote work, while the auction format and recent 2024 sale suggest motivated sellingโ€”giving a buyer negotiating leverage if pre-auction interest is thin. It serves best a buyer who values location stability over cosmetic perfection. The detected flood overlay is the primary risk; it may affect insurance premiums and resale pool, though the absence of bushfire or heritage constraints limits downside. The conflicting historical bedroom and bathroom counts (3/1 vs 4/2) signal a renovation or listing error that warrants a physical check of floorplan legality. Rental yield at $1,075pw offers a credible fallback if plans change. The buyer should treat this as a long-term hold in a stable street, not a quick flip.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Mermaid Waters is a high-performing coastal suburb with a robust and active property market. Demand is driven by professionals and interstate buyers seeking renovated family homes and well-located apartments, with buyer appetite consistently outpacing supply for quality stock. Recent trends show strong price growth and a fast-moving market where premium properties sell quickly. Future connectivity improvements will enhance appeal, though key constraints include limited land availability and a market bifurcation where house prices are shifting demand toward more affordable unit options.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

613mยฒ

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