OFF MARKET

37 Ventura Road
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 405m2
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Last updated 9 Sep 2024
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Property Details for 37 Ventura Rd, Mermaid Beach

37 Ventura Rd, Mermaid Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 405m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1970
Floor Size
132m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
9/RP43454

Last Listing description (July 2023)

Situated on one of Mermaid's premier streets, this is an excellent opportunity to secure one of the very few remaining 405m2 blocks to build your dream home. This original beach cottage boasts excellent scope for renovation or duplex development, with council approval already in place for two luxury Villa's. Positioned to take advantage of all Mermaid Beach has to offer, within a short stroll to patrolled beaches and Mermaid Beach's caf and restaurant hub, offering the occupants an amazing beachside lifestyle.

Features:
- Exceptional development opportunity

- North east facing rear yard
- 405sqm parcel of land
- Excellent potential to personalise and/or expand the current dwelling
- Perfect beachside cottage or investment property to land bank
- Ideal position to knock down and build your dream home
- DA approved for two luxury Villa's
- Leave your car at home and enjoy living within walking distance to the beach, cafes and a range of restaurants nearby

Permanent Rent Appraisal: Approx. $1,100 per week

Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 37 Ventura Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,400,000
24 Mar 2023
Listed for Rent
17 May 2023
  • 26 Jun 2023
    Listed for Sale SOLD
  • 24 Mar 2023
    Sold for $2,400,000
  • 27 Feb 2023
    Listed for Sale SOLD
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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 5,622 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 89.00% increase in median value, while Units have seen a 102.72% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Beach is $2,497,613 while the median value for Units is $961,144.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 39 properties listed for sale, and 39 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Mermaid beach.

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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.