OFF MARKET

4/18 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 45m2
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Last updated 11 Nov 2024
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Property Details for 4/18 Peerless Ave, Mermaid Beach

4/18 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 45m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
1967
Floor Size
95m2
Land Size
45m2
Local Government
Gold Coast City
Lot/Plan
4/BUP163

Last Listing description (May 2020)

This stunning two level beach side apartment is well located with only a 130m stroll to Mermaid beach. With its bright and spacious internal layout, this apartment is a must to see.

Property Features include:


- Easy ground floor access
- Located within a small block of seven units
- Split level, two bedroom apartment with built-ins in both rooms
- Balcony off the master bedroom
- Well designed bathroom with bath
- Oversized modern kitchen with electric appliances, dishwasher & fridge
- Internal laundry facilities
- Single carport
- 900m to trendy Broadbeach restaurant precinct, 500m to Pacific Fair shopping center, 500m to Surf club


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

Property History for 4/18 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$350,000
04 May 2016
Listed for Rent
$400/w
08 May 2020
  • 03 Apr 2020
    Listed for Rent $400 / week
  • 01 Dec 2017
    Listed for Rent $400 / week
  • 04 Oct 2017
    Listed for Rent - Price not available
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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, 269 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.