OFF MARKET

3/5-7 Lavarack Road
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 290m2
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Property Details for 3/5-7 Lavarack Rd, Mermaid Beach

3/5-7 Lavarack Rd, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 290m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1982
Floor Size
92m2
Land Size
290m2
Local Government
Gold Coast City
Lot/Plan
3/BUP5322

Last Listing description (October 2021)

The pristine sands of Mermaid Beach are just a short stroll away as are the caf and bars of popular Nobbys and Mermaid strips so when location counts this is super hard to beat!

This spacious apartment in the heart of popular Mermaid Beach is an absolute stand out.
Centrally located, just over 100m to the beach as well as some of the best cafes and shops Mermaid Beach has to offer.

Situated in a small block, there is a real community feel that comes along with this fantastic property!

Featuring:

- Spacious, open plan living area with polished concrete floors
- Large kitchen with island bench
- 2 generous bedrooms with ceiling fans
- 1 bathroom, separate toilet/powder room
- Crimsafe window coverings throughout
- Sunny west facing balcony
- Remote controlled and secure basement carpark

Property History for 3/5-7 Lavarack Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$675,000
07 Jul 2021
Listed for Rent
$670/w
20 Oct 2021
  • 14 Oct 2021
    Listed for Rent $670 / week
  • 14 Jul 2021
    Listed for Sale $675,000
  • 07 Jul 2021
    Sold for $675,000
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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 5,594 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 39 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.

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.