OFF MARKET

2/40 Arthur Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 107m2
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Property Details for 2/40 Arthur St, Mermaid Beach

2/40 Arthur St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 107m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1968
Floor Size
96m2
Land Size
107m2
Local Government
Gold Coast City
Lot/Plan
2/BUP312

Last Listing description (March 2024)

This two-level apartment presenting in a neat and tidy condition captures an abundance of cool coastal breezes all year round.

Situated beachside of the Gold Coast Highway in one of Mermaid's most prestigious streets, you are only a few short steps away to lazy days on the sand or radical manoeuvres on your surfboard as you paddle into the deep blue Pacific Ocean.

Walk or ride your bike along Hedges Avenue and end up North in Broadbeach or South in Miami and Burleigh.

Indulge in the abundance of coffee shops and restaurants close by where good food and good vibes flow all year round.

Even though you'll feel like walking everywhere it's handy to have the off-street parking space which this property provides.

Go to the beach, grab a coffee and inspect this remarkable beach side apartment.

Property Features:
? Unfurnished
? Two bedroom, one bathroom, one car apartment
? Presenting in neat and tidy condition
? Master bedroom with balcony
? Kitchen with breakfast bar
? Ceiling fans throughout
? Small boutique block of 7
? 200m from the beach, coffee shops, restaurants and public transport

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Property History for 2/40 Arthur St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$710,000
28 Aug 2021
Listed for Rent
$700/w
27 Dec 2023
  • 06 Oct 2023
    Listed for Rent $720 / week
  • 12 Apr 2023
    Listed for Rent $670 / week
  • 28 Sep 2021
    Listed for Rent $600 / week
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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

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