OFF MARKET

2/16 Crescent Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
Land area: 81m2
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Last updated 11 Nov 2024
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Property Details for 2/16 Crescent Ave, Mermaid Beach

2/16 Crescent Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1992. The property has a land size of 81m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Townhouse
Year Built
1992
Floor Size
136m2
Land Size
81m2
Local Government
Gold Coast City
Lot/Plan
2/BUP12252

Last Listing description (August 2022)

Just moments to the beach this two level townhouse represents exceptional value so close to the beach.

Capitalise on the opportunity to modernise with quiet location in complex backing onto residential homes.

2 Spacious bedrooms both with ensuites and one with balcony

Secure garage with laundry and separate entrance and security screens
Downstairs powder room
Spacious living/dining and tidy kitchen
Gated entry with private courtyard
Rear entertaining area with loads of potential
Gated security complex with exceptional heated lagoon pool and spa with BBQ area
Onsite managers
Low body corporate approx. $130 per week Sinking fund balance Approx $376 000 as of 13/06/22
Walk to Mermaid Tavern, Mermaid Surf Club , Pacific Fair and Beach. Perfect location with out the price tag.

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Property History for 2/16 Crescent Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$600,000
05 Jul 2022
Listed for Rent
$380/w
03 Oct 2013
  • 05 Jul 2022
    Sold for $600,000
  • 24 Jun 2022
    Listed for Sale Auction In Rooms
  • 10 May 2016
    Sold for $345,000
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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.

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