38 Vatakoula Parade

Mermaid Waters, QLD

531 m² land3 bed2 car157 m² floor

WHAT RECORDED SALES SAY

Recorded sales nearby put this home between

$1,464,989 – $2,147,808

Built from 36 recorded sales near this home, each adjusted for size, features and location. Four in five recent Mermaid Waters sales landed inside a band this wide (±18.9%).

Last recorded sale$135,000 · Jul 1995 · held 31 years

When it last sold, the median Mermaid Waters house had sold for $215,000 over the previous 12 months (206 sales). Over the 12 months to Q3 2026: $2,355,000 (133 sales).

See the sales behind it ↓

Around Vatakoula Parade

Sold in the last 90 days, nearest first · prices as recorded

SOLD · 27 AUG 2026 · 550 m

38 Gretel Drive

$5,000,000

4 bed · 3 bath · 1050 m²

SOLD · 14 SEP 2026 · 800 m

37 Intrepid Drive$4,700,000

4 bed · 3 bath · 943 m²

SOLD · 30 SEP 2026 · 1.1 km

11 Reef Court$2,050,000

4 bed · 2 bath · 781 m²

The sales behind the range

36 sales used. The closest four, each adjusted to match this home.

26 August 2026 — 38 Gretel Drive sold for $5,000,000. Adjusted to this home and weighted with the other comparable sales, including it moved the centre of this home's range up by about $29,214.

Sale price$1,680,000

Micro-location−$33,331

Land size (531 vs 577 m²)−$16,560

Distance to beach (3.85 vs 3.77 km)−$2,419

Year built+$736

12 other factors compared and found the same.

Adjusted to this home$1,628,426