OFF MARKET

2/18 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 809m2
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Property Details for 2/18 Peerless Ave, Mermaid Beach

2/18 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 809m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1967
Floor Size
72m2
Land Size
809m2
Local Government
Gold Coast City
Lot/Plan
2/BUP163

Last Listing description (June 2024)

Experience the pinnacle of beachside living in this expansive two-bedroom apartment, just steps from the iconic Mermaid Beach and the bustling Broadbeach dining precinct. Featuring a spacious open-plan design over two levels, generously sized bedrooms and a private balcony, this ideally situated apartment in a boutique complex of only 7 offers the ultimate coastal lifestyle. Begin your day with a refreshing ocean dip, a serene beach walk, or a visit to one of the many popular cafes nearby, all within walking distance from your door.

- Generous sized bedrooms with built in robes and ceiling fans
- Master bedroom with sun drenched balcony and air conditioning

- Modern kitchen with dishwasher and spacious breakfast bar
- Open plan living room with ceiling fan
- 150m to the golden sands of Mermaid Beach
- 650m to Pacific Fair Shopping Centre
- 950m to Broadbeach Dining Precinct and CBD
- Café at the end of the street

12 month lease
4 weeks Bond & 2 weeks Rent on acceptance

*Whilst every care is taken in the preparation of the information contained in this marketing, Rose and Jones will not be held liable for any errors in typing of information*

Property History for 2/18 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$425,000
12 Aug 2020
Listed for Rent
$470/w
23 Nov 2018
  • 22 May 2024
    Listed for Rent $750 / week
  • 12 Aug 2020
    Sold for $425,000
  • 10 Jul 2020
    Listed for Sale UNDER CONTRACT
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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.