19/21-23 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1999. The property has a floor size of 64m2.
Perfectly positioned just metres to the surf and sand of Mermaid Beach and adjoining the multi-million dollar homes of the exclusive Hedges Avenue is this affordable, entry level opportunity to enter into the sought-after beachside property market!
This fabulous unit with its modern renovation and quality position is sure to appeal to the owner occupier looking to enjoy an easy low maintenance lifestyle within walking distance to everything, or the astute investor in search of the perfect beachside addition to their property portfolio!
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 5,594 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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