SOLD
Sold on 22 Oct 2024 for $694,000

59/16 Crescent Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 205m2
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Property Details for 59/16 Crescent Ave, Mermaid Beach

59/16 Crescent Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 205m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
104m2
Land Size
205m2
Local Government
Gold Coast City
Lot/Plan
59/BUP12252

Last Listing description (January 2025)

buy real estate and wait!
The Mermaid Beach lifestyle awaits!
Spacious 112m2 apartment in one of the most sought after locations on the Gold Coast 'Mermaid Beach'.

North facing and overlooking the pristine waters of the 30 metre heated lagoon-style pool. This apartment is sure to impress. It is a blank canvas to turn into your perfect beachside home.
Property Features:
Resort Style Living in 'Diamond Cove Resort, Mermaid Beach'
Open plan living
Air-conditioning and ceiling fans
2 Bedrooms (South facing), master with walk-in robe and ensuite.
Both bedrooms with balcony
Study nook
Separate laundry
Located on 2nd level
Undercover secure carpark space

The property is currently tenanted until 5th February 2025.

Great location, close to all amenities, restaurants, world class shopping (Pacific Fair) and entertainment at your fingertips. Mermaid Beach and patrolled surf beaches a gentle stroll away.

Viewing is a must - Dont miss out on this excellent opportunity!

Disclaimer: We at Chadia Chalmers Realty Pty Ltd are committed to ensuring that information provided is a true and accurate representation. Whilst every care is taken in the presentation of information provided, Chadia Chalmers Realty Pty Ltd will not be held liable or responsible for any errors, omissions, inaccuracies or misstatements in the information displayed.

Property History for 59/16 Crescent Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$694,000
22 Oct 2024
Listed for Rent
$435/w
02 Aug 2019
  • 22 Oct 2024
    Sold for $694,000
  • 17 Jun 2024
    Listed for Sale Contact Agent
  • 14 Nov 2021
    Sold for $564,999
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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 5,654 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 72.14% increase in median value, while Units have seen a 109.66% increase. As at 31 January 2025:

  • The median value for Houses in Mermaid Beach is $2,561,102 while the median value for Units is $996,827.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 57 properties listed for sale, and 27 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Chadia Chalmers
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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.