OFF MARKET

1/2 Alexandra Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 349m2
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Last updated 11 Nov 2024
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Property Details for 1/2 Alexandra Ave, Mermaid Beach

1/2 Alexandra Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 349m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
1972
Floor Size
91m2
Land Size
349m2
Local Government
Gold Coast City
Lot/Plan
1/BUP835

Last Listing description (March 2014)

Offers over $350,000.00
Two bedrooms, one bathroom ground floor apartment with lock up undercover car parking located on the border of Mermaid waters and Broadbeach. Opposite beach and primary school, short walk to Pacific Fair, Broadbeach Shops, bars and night clubs.
Solid investment with good occupancy history or move in and live the Gold

Coast lifestyle.
Currently under lease till 12th September 2014 at $300.00 per week with a $1,200.00 bond.

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Property History for 1/2 Alexandra Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$520,000
05 Jul 2016
Listed for Rent
$300/w
12 Aug 2012
  • 05 Jul 2016
    Sold for $520,000
  • 13 Jan 2014
    Sold for $334,000
  • 07 Dec 2013
    Listed for Sale 350000
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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 5,607 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 29 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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