OFF MARKET

05/7 Mermaid Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 232m2
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Property Details for 05/7 Mermaid Ave, Mermaid Beach

05/7 Mermaid Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 232m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1970
Floor Size
90m2
Land Size
232m2
Local Government
Gold Coast City
Lot/Plan
5/BUP292

Last Listing description (March 2015)

BEACHSIDE MODERN 2 BEDROOM APARTMENT
THIS CUTE BEACHSIDE UNIT IS SITUATED IN THE MOST CONVENIENT LOCATION RIGHT BETWEEN BROADBEACH AND MERMAID BEACH. POLISHED TIMBER FLOORBOARDS THROUGHOUT. BOTH BEDROOMS WITH BUILT-IN-ROBES. OPEN PLAN KITCHEN WITH STAINLESS STEEL APPLIANCES. LOUNGE ROOM LEADING TO LARGE VERANDAH. AIR-CONDITIONING. SEPARATE LAUNDRY. VERY LARGE OWN LOCK UP STORAGE ROOM. UNDER COVER CARPORT, COULD FIT 2 SMALL CARS. WALKING DISTANCE TO PACIFIC FAIR, PATROLLED BEACHES, HEART OF BROADBEACH, MERMAID BEACH SHOPS. SORRY NO PETS. TO INSPECT PHONE (07) 5570 4004.

Property History for 05/7 Mermaid Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$5,500,000
25 May 2021
Listed for Rent
$350/w
06 Aug 2020
  • 25 May 2021
    Sold for $5,500,000
  • 22 Jul 2015
    Sold for $410,000
  • 06 Mar 2015
    Listed for Rent $320 / week
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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 5,609 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Mermaid beach.

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