SOLD
Sold on 09 Apr 2024 for $730,000

4/11 Mermaid Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 371m2
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Property Details for 4/11 Mermaid Ave, Mermaid Beach

4/11 Mermaid Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 371m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
112m2
Land Size
371m2
Local Government
Gold Coast City
Lot/Plan
4/BUP3705

Last Listing description (April 2024)

This well presented first floor 2 bedroom apartment is just a stone's throw to the Gold Coast's famous ocean beaches.

Features
- Bamboo floorboards throughout the unit.

- Two bedrooms, each with built in robes
- Large kitchen with lots of cupboard space
- Open plan living and dining
- Single lockup garage
- Sunny north facing balcony
- Close to Pacific Fair Shopping Center and Oasis Shopping Center
- Short stroll to Ocean beaches and Broadbeach Primary School
- Freshly painted through out

Term: 6 or 12 month lease
Amount: $570 per week
Bond: $2,280
Available: Now

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Property History for 4/11 Mermaid Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$730,000
09 Apr 2024
Listed for Rent
$570/w
21 Apr 2023
  • 09 Apr 2024
    Sold for $730,000
  • 05 Apr 2023
    Listed for Rent $570 / week
  • 11 Apr 2016
    Sold for $410,000
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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 5,630 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 87.83% increase in median value, while Units have seen a 102.01% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Beach is $2,236,702 while the median value for Units is $973,473.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 29 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.

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