OFF MARKET

11 Ocean Street
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 227m2
Land area: 405m2
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Property Details for 11 Ocean St, Mermaid Beach

11 Ocean St, Mermaid Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 405m2 and floor size of 227m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1980
Floor Size
227m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
89/RP46282

Last Listing description (April 2021)

Have you been seeking a dual living home to share with family? OR 2 x 2 bedroom self-contained units to invest in? OR a home with income? OR a 4 bedroom home? Choices like these are rarely available in this highly sought after area.

The upper level has a massive living room to cope with family and friends and flows out to a large easterly deck for sunny mornings and cool afternoons. A perfect plan for entertaining or just relaxing.

The lower floor is self-contained with its own lock-up garage. This has its own private entry and large sunny verandah.

* 4 bedrooms
* 2 bathrooms
* 2 living areas
* 2 secure garages
* 14m frontage

Just 5 doors to the surf and sand of famous Mermaid Beach, a wonderful investment opportunity and lifestyle awaits.

This home is in a street that boasts many upmarket, valuable properties and an enviable lifestyle awaits with the beach just at the end and local shopping and restaurants within a leisurely stroll.

A little work is needed to make it shine, but, there is good solid construction to work with. The location, the wider block and the living options available here give you the opportunity to further capitalise. Inspections are easily arranged.

Property History for 11 Ocean St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,750,000
19 Nov 2019
  • 19 Nov 2019
    Sold for $1,750,000
  • 30 Oct 2019
    Listed for Sale Not Disclosed
  • 28 Jun 2019
    Listed for Sale Not Disclosed
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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 40 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 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.