OFF MARKET

2/42 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 2/42 Ocean St, Mermaid Beach

2/42 Ocean St, Mermaid Beach is a 2 bedroom, 1 bathroom House 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
House
Year Built
1982
Floor Size
61m2
Land Size
163m2
Local Government
Gold Coast City
Lot/Plan
2/BUP4726

Last Listing description (August 2024)

Perfectly positioned this 2 bedroom duplex is just a short walk to Mermaid Beach, surf clubs and cafes in the most exclusive beach side pocket.

This cozy duplex offers:

2 Bedrooms both with built in robes

Open plan living
Tiled throughout
Airconditioned living area
Ceiling fans throughout
Single lock up garage
A private undercover court yard perfect those weekend barbecue's
Pet considered

Located within easy access to public transport and schools, as well as being less than 17km from the Gold Coast Airport.
With the beach at one end of the street and shops and public transport at the other, this property offers the ultimate beach side lifestyle.

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Disclaimer:
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Property History for 2/42 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
$680/w
06 Aug 2024
  • 24 Jul 2024
    Listed for Rent $680 / week
  • 22 Jul 2016
    Sold for $547,500
  • 15 Jun 1999
    Sold for $128,000
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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.

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