OFF MARKET

16 Seaside Avenue
Mermaid Beach QLD 4218

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 438m2
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Property Details for 16 Seaside Ave, Mermaid Beach

16 Seaside Ave, Mermaid Beach is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 438m2. While the property is not currently for sale or for rent, it was last sold in October 2007.

Building Type
House
Land Size
438m2
Local Government
Gold Coast City
Lot/Plan
36/RP42697

Last Listing description (September 2010)

Beachside 438m2 - Massive Structure - Enormous Potential - Fantastic Position
Loads of options await you with this massive beachside property in the rarely available Seaside Avenue.
Large 438m2 land area, with wide 14.25 metre frontage, located east of the easement right in the centre of magical Mermaid.

Duplex pair on one title, big rooms and a very workable floor plan - the rest is up to you;
- Rent it out and collect two incomes;
- Live in one and let the second unit pay off the mortgage;
- Knock out a wall and renovate into a massive, modern, solid home at well below replacement cost where you and the family can live by the beach forever!
Unit 1 - Currently rented at $500 per week
- 3 Bedrooms, 3 bathrooms
- 2 Living areas
- Double garage
- Grassed courtyard & 2 balconies
Unit 2 - Currently rented at $300 per week
- 2 Bedrooms, 1 bathroom
- Backyard entertaining area with garden shed
A copy of the Sustainability Declaration for this property is available from the agents office.
Additional feature - Duplex pair on seperate title.

Property History for 16 Seaside Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,700,000
12 Oct 2007
Listed for Rent
$500/w
12 Mar 2009
  • 24 May 2010
    Listed for Sale $1,595,000
  • 27 Feb 2009
    Listed for Rent - Price not available
  • 12 Mar 2008
    Listed for Sale $1,895,000
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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 5,607 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 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 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.