SOLD
RECENT ADVICE
Sold on 26 Sep 2023 for $630,000

20/16 Crescent Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 20/16 Crescent Ave, Mermaid Beach

20/16 Crescent Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
20/BUP12252

Last Listing description (September 2023)

Proudly brought to market by the Ben Williams Team.

Ben, will be hosting a video inspection of this property for you to watch on his FACEBOOK & INSTAGRAM page: Search "Ben Williams REMAX Real Estate" to view & access this and many more homes in the area.

This generous 2 bedroom, 2 bathroom apartment is clean & tidy and ticks all the boxes for the savvy investor or 1st time home buyer.

Centrally located in the ever popular mermaid beach this is a well maintained secure complex with a resort style pool, BBQ area and a residents lounge.

This apartment presents as exceptional value and will not be on the market for long!

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 20/16 Crescent Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$630,000
26 Sep 2023
Listed for Rent
$430/w
06 Dec 2016
  • 11 Sep 2023
    Listed for Sale $650,000+ UNDER CONTRACT
  • 06 Sep 2023
    Sold for $630,000
  • 24 Nov 2016
    Listed for Rent $430 / 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.

Suburb Insights for Mermaid Beach 4218

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Ben Williams
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Russel Segal
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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.