SOLD
Sold on 14 Sep 2023 for $538,000

1/3 Ocean Street
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 323m2
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Property Details for 1/3 Ocean St, Mermaid Beach

1/3 Ocean St, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 323m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
58m2
Land Size
323m2
Local Government
Gold Coast City
Lot/Plan
1/BUP5877

Last Listing description (June 2018)

Only a stone's throw to the surf and sand. This spacious apartment has huge lifestyle appeal with captivating coastal views of Mermaid Beach. Located on the 1st floor in a boutique block of 6 this apartment will be snapped up quickly.
Features:
Easy living open plan design with combined lounge and dining

East facing balcony with stunning views
Generous bedroom with built-in robe and bathroom access
Massive entertaining deck
Security car space and secure intercom access to building
Walk to local shops, restaurants, cafes, and bars from this enviable position
First floor in a small boutique building
Pool with beautifully landscape gardens
and much more ..
Inspection is a must.
*Disclaimer: Taylors Property have taken care to ensure the description represent the property be to our knowledge, however, we take no responsibility for any inaccuracies. Please note photos may not always represent the property to its best ability, please ensure you view and/or have someone view the property before applying

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Property History for 1/3 Ocean St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$538,000
14 Sep 2023
  • 14 Sep 2023
    Sold for $538,000
  • 14 Jun 2018
    Listed for Rent $370 / week
  • 07 Sep 2017
    Listed for Rent $365 / 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 5,624 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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