OFF MARKET

1/5 Mermaid Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 311m2
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Last updated 11 Nov 2024
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Property Details for 1/5 Mermaid Ave, Mermaid Beach

1/5 Mermaid Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 311m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2004.

Building Type
Unit
Year Built
1993
Floor Size
110m2
Land Size
311m2
Local Government
Gold Coast City
Lot/Plan
1/BUP12632

Last Listing description (May 2022)

Light-filled low maintenance two-bedroom unit situated on the ground floor of a 3 storey walk-up offers everything you need. Located in a prime position, central to absolutely everything - sandy patrolled beaches, Pacific Fair Shopping precinct, Tramline and more!

Features Include:

- 2 bedrooms with built-in wardrobes with aircon
- Master bedroom with en-suite, disability bars fitted
- Separate dining and living area
- Good size kitchen
- Air-conditioning & ceiling fans throughout
- Security doors and windows
- Large balcony with leafy trees for privacy
- Swimming pool
- Secure Car Parking for one car with a shed
- Sorry, no pets
- Property will come unfurnished
- Water included in rent


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Property History for 1/5 Mermaid Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$322,500
09 Nov 2004
Listed for Rent
$470/w
31 May 2022
  • 10 May 2022
    Listed for Rent $470 / week
  • 06 Aug 2019
    Listed for Rent - Price not available
  • 03 Jan 2019
    Listed for Rent - Price not available
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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 5,595 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 38 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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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.