OFF MARKET

22 Glenelg Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 405m2
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Last updated 11 Nov 2024
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Property Details for 22 Glenelg Ave, Mermaid Beach

22 Glenelg Ave, Mermaid Beach is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 405m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1970
Floor Size
88m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
79/RP42678

Last Listing description (March 2021)

Perfectly positioned in arguably one of the Gold Coast's most sought after locations and set on a 405m2 block with wide 10m street frontage, this property is ready for a renovation or new build!

Whether you renovate into your dream home and live the Mermaid Beach lifestyle or land bank, this property offers many options and financially rewarding possibilities in ever popular Mermaid Beach, often seen as a capital growth hot spot for the future.


Catch up with friends over a cool drink and evening meal at the at one of the many stylish bars and restaurants at your fingertips - this is what the Mermaid Beach lifestyle is all about!

This sought after precinct also offers close proximity to world class shopping at Pacific Fair, Star Casino and the Broadbeach entertainment precinct, all within a few minutes' drive.

Features:
- 405m2 block with 10m frontage
- Prime opportunity - renovate or build your dream home!
- Grassed yard at rear of property
- Highly sought after location
- Short stroll to stylish bars, restaurants and boutiques of Mermaid Beach

Properties of this calibre in this location are rarely available and procrastination will lose you this quality beachside opportunity. For further information or to arrange your inspection, contact Matt Maguire or Luke Henderson.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

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Property History for 22 Glenelg Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$920,000
14 Feb 2021
Listed for Rent
$520/w
14 Feb 2014
  • 03 Mar 2021
    Listed for Sale OFFERS OVER $950,000
  • 14 Feb 2021
    Sold for $920,000
  • 19 Sep 2015
    Sold for $617,500
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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 40 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Mermaid beach.

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