OFF MARKET

1/42 Ocean Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 163m2
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Property Details for 1/42 Ocean St, Mermaid Beach

1/42 Ocean St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 163m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
1982
Floor Size
61m2
Land Size
163m2
Local Government
Gold Coast City
Lot/Plan
1/BUP4726

Last Listing description (August 2024)

Situated right in the heart of popular Mermaid Beach and located only meters from the ocean is this immaculately presented 2 bedroom, 1 bathroom unit.

Step inside and enjoy this bright and airy unit with all the expected modern features.

- Duplex living, just meters from the beach

- 2 Bedrooms both with built-in robes and ceiling fans
- Good sized bathroom
- Well-appointed kitchen with dishwasher
- Single lock-up garage
- Pet Welcome

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Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective tenants should make their own enquiries to verify the information contained herein.

Property History for 1/42 Ocean St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$547,500
22 Jul 2016
Listed for Rent
$660/w
09 Aug 2024
  • 17 Jul 2024
    Listed for Rent $660 / week
  • 01 Sep 2016
    Listed for Rent - Price not available
  • 22 Jul 2016
    Sold for $547,500
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016.

Mermaid Beach has 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.