OFF MARKET

2/42 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 131m2
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Last updated 11 Nov 2024
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Property Details for 2/42 Peerless Ave, Mermaid Beach

2/42 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 131m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
1974
Floor Size
40m2
Land Size
131m2
Local Government
Gold Coast City
Lot/Plan
2/BUP2230

Last Listing description (November 2022)

Situated at the Northern end of Mermaid Beach this one bedroom ground floor apartment is within walking distance to Mermaid Beach Surf Life Saving Club, Pacific Fair Shopping Centre and with cafes and restaurants for every occasion just around the corner. Only metres to public transport (tram and buses).

This home is located only meters from the very popular beach at Mermaid Beach and features:
* 1 bedroom

* 1 Bathroom
* Off-street parking for 1 vehicle
* Kitchen with ample storage
* 1 Bathroom
* Shared laundry
* Unfurnished

Properties in this location do not last, make sure your applications are ready and register for an inspection today!

Property History for 2/42 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$400,000
12 Feb 2018
Listed for Rent
04 Nov 2022
  • 31 Oct 2022
    Listed for Rent $435 / week
  • 13 Jan 2022
    Listed for Rent $425 / week
  • 18 Jun 2021
    Listed for Rent $395 / 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 5,607 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, 263 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.