OFF MARKET

111/26 Markeri Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 86m2
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Property Details for 111/26 Markeri St, Mermaid Beach

111/26 Markeri St, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a floor size of 86m2.

Building Type
Unit
Year Built
2003
Floor Size
86m2
Local Government
Gold Coast City

Last Listing description (May 2021)

Looking for that beach lifestyle without the hefty price point?

This top-floor, 2-bedroom unit is located in the rapidly transforming suburb of Mermaid Beach. A well-appointed modern space for singles or couples looking to enter the property market or the astute investor. This high-ceiling, well lit and airy unit, is located within a resort-style complex with a tropical feel, this property has tremendous value to those searching for that beach lifestyle.

Features include:

- Air-conditioning in living areas.
- Ceiling fans and built-in robes in the bedrooms.
- North facing balcony.
- Master bedroom contains en-suite.
- Open plan living and dining.
- Kitchen outfitted with electric oven, hot plate and range-hood.
- Secure undercover parking space.
- Tropical pool and spa.
- Tennis court.
- Gymnasium.
- Giant tandem car park
- Year Built: 2003
- Rental Return: $500+/week

With the Gold Coast's popular Broadbeach shopping and dining precinct on your doorstep, and a mere stroll to some of the coasts most popular restaurants and cafes in Mermaid Beach, if you want cosmopolitan beach-side living this is your chance!

The property is achieving high rental yields however, situated nearby the upcoming light rail station and grocery store; significant capital gains are on the horizon for the astute investor.

Call now to secure your inspection and your future. As at this price, it won't last long!

Property History for 111/26 Markeri St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 15 Apr 2021
    Listed for Sale Offers Over $429,000
  • 11 Sep 2020
    Listed for Sale Offers Over $350,000
  • 25 Apr 2018
    Listed for Sale Offers over $349,000
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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 5,598 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 34 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.