11 Alfred St, Mermaid Beach is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 405m2 and floor size of 395m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
A unique opportunity exists to purchase one of the last remaining 405sqm, North Facing Blocks, only seconds to the beach in the widest street in Mermaid Beach.
Renovate, Demolish/ Build or hold for massive future capital growth the options are endless and the opportunities to secure land in this tightly held precinct are quickly diminishing.
The current house consisting of 3 bedrooms, 2 bathrooms and a massive front rumpus room is tenanted at $650 per week with vacant possession negotiable.
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 5,597 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:
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