SOLD
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Sold on 04 Nov 2024 for $980,000

16/32-38 Montana Road
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 103m2
Land area: 968m2
Sold By
London Estate Agents
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Property Details for 16/32-38 Montana Rd, Mermaid Beach

16/32-38 Montana Rd, Mermaid Beach is a 2 bedroom, 2 bathroom Unit and was built in 1990. The property has a land size of 968m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
103m2
Land Size
968m2
Local Government
Gold Coast City
Lot/Plan
16/BUP9798

Last Listing description (November 2024)

Absolutely immaculate apartment owned by the same family for 30 years, located only a short stroll to the golden sands of Mermaid Beach, local cafes and restaurants as well as walking distance to Pacific Fair and Star Casino.

Features Include:

- Sun filled north east corner apartment with skyline views.

- Open plan living.
- Two good size bedrooms and two bathrooms.
- 2 car tandem parking.
- Front and rear balcony's.
- The building boasts a huge swimming pool , BBQ area and manicured gardens.
- Amazing beachside location to live the perfect Gold Coast lifestyle, or invest and keep it in the holiday let earning solid returns or invest with an expected permanent rental of approx. $800 to $850 per week.

Property History for 16/32-38 Montana Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$980,000
04 Nov 2024
  • 04 Nov 2024
    Sold for $980,000
  • 28 Oct 2024
    Listed for Sale $949,000
  • 19 Dec 1995
    Transferred for $90,000
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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 5,595 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 39 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.