OFF MARKET

2/43 Cronulla Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 84m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 2/43 Cronulla Ave, Mermaid Beach

2/43 Cronulla Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 84m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1973
Floor Size
64m2
Land Size
84m2
Local Government
Gold Coast City
Lot/Plan
2/BUP1020

Last Listing description (December 2020)

What a wonderful opportunity to secure an affordable property in the prized location of Mermaid Beach. Situated on a 405sqm block with only 3 units on title, this Cronulla Avenue unit screams potential. With easy access to all the amenities that will enrich your beachside lifestyle, you can be assured this will be an investment in both your future and your current way of life!!

Property features include:

Mermaid Beach location - close to beach, shops and cafes!

2 bedrooms with built in robes
Open plan living
Single carport
Low body corporate
Lover level unit in rear of complex of only 3 and on 405sqm of beachside land
First home owners or investors dream
Renovate & profit
Redevelopment potential
Currently rented for $320
Close to transport & new G-Link mermaid beach station
Direct beach access - approx. 250m to beach

Property History for 2/43 Cronulla Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$368,000
14 Nov 2020
Listed for Rent
$320/w
04 Feb 2019
  • 14 Nov 2020
    Sold for $368,000
  • 29 Oct 2020
    Listed for Sale Auction Onsite - 14 November 2020 - 1:30pm
  • 29 Jan 2019
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Mermaid Beach 4218

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.