OFF MARKET

4/42 Tamborine Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 183m2
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Property Details for 4/42 Tamborine St, Mermaid Beach

4/42 Tamborine St, Mermaid Beach is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 183m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1975
Floor Size
73m2
Land Size
183m2
Local Government
Gold Coast City
Lot/Plan
4/BUP2832

Last Listing description (March 2022)

Unlock the potential of a 2 bedroom apartment in prime beachside location with this enticing property opportunity. Located a mere 250m (approx.) from Mermaid Beach and moments from the esteemed "Millionaire's Row" this character-filled offering represents a wise investment in your future.

One of four in a small complex, enjoy its colourful charm as is or make it your own with modern enhancements. A cheerful kitchen looks onto an open plan living and dining zone, with ample natural light filtering in from the large windows and doors. Both bedrooms have ceiling fans and are spacious, with an original bathroom to service the home plus enjoy a private front balcony, with salty sea breezes to keep you cool.

Situated in a sought-after enclave, less than 3km from Pacific Fair, Star Casino and the delights of Broadbeach, this delivers a coastal lifestyle to love. Start your days with a run by the ocean and end with a sunset stroll along the beach. Plus, tempt your tastebuds with an abundance of cafes, bars and restaurants within walking distance. Whether you want to move in or rent it out, this is a golden opportunity to capitalise on an outstanding location that few can access. Make this your must-see - arrange your inspection today.

Property Specifications:
2 bedroom, 1 bathroom unit, 250m (approx.) from Mermaid Beach
Outstanding location, moments from the esteemed "Millionaire's Row"
Prime property opportunity, ample potential to modernise and add value
One of four in a small complex, with colourful and charming interiors
Cheerful kitchen plus open plan living-dining with ample natural light
Two spacious bedrooms with ceiling fans and an original bathroom
Front balcony, perfect to hear the waves and capture sea breezes
3km from Pacific Fair, Star Casino and the delights of Broadbeach
Walking distance to an abundance of cafes, bars and restaurants

Council Rates: Approx. $527.10 half yearly
Body Corporate: Approx. $36.50 per week
Rental Appraisal: Approx. $430-$450 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 4/42 Tamborine St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$735,000
02 Feb 2022
  • 02 Feb 2022
    Sold for $735,000
  • 19 Jan 2022
    Listed for Sale Sold Prior to Auction
  • 24 Feb 2017
    Transferred for $150,000
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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 5,653 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 72.14% increase in median value, while Units have seen a 109.66% increase. As at 31 January 2025:

  • The median value for Houses in Mermaid Beach is $2,561,102 while the median value for Units is $996,827.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 57 properties listed for sale, and 28 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 278 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.