SOLD
Sold on 31 Jan 2024 for $650,000

42/2607-2609 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 2260m2
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Property Details for 42/2607-2609 Gold Coast Hwy, Mermaid Beach

42/2607-2609 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 2260m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
100m2
Land Size
2260m2
Local Government
Gold Coast City
Lot/Plan
42/BUP105565

Last Listing description (March 2022)

Short term rental fantastic location directly opposite Pacific Fair Shopping Centre - furnished two-bedroom apartment on the top floor in a 3 story walk up building (no lifts). No lease required - $750 per week, includes electricity and water. Payment required weekly in advance. Very suited to corporate or business travellers or guests looking for permanent or in between accommodation situations. $500 credit card pre-authorisation required by successful application's. $400 upfront exit cleaning fee required with $200 refunded if booking ends up being under 6 weeks. Minimum booking - 2 weeks. Payment of 2 week accommodation required when booking to hold unit.Apartment includes: Fully equipped kitchen Queen bed (upstairs)Double bed (downstairs)Washing machineFlat screen television Ceiling fans - downstairs living & bedroom onlyAir conditioning (living room & upstairs bedroom)Private balcony (downstairs)Large balcony with outdoor spa bath and views north to Surf Parade (upstairs)One secure undercover car space Additional street parking available if requiredInitial linen supplied - then laundering of linen is guests responsibility.Weekly linen change and or unit cleaning can be provided for a fee.Resort facilities: Wireless Internet (charges apply) Swimming Pool & Spa BBQ area Onsite manager Secure & safe building with CCTV 3 Story walk-up building SORRY - NO PETS or PARTIESLocation: Situated opposite Pacific Fair Shopping Centre. Less than 10 minutes walk to Broadbeach shops & Star Casino. Located one block back from the beach & close to all amenities. Tram and Bus station diagonally opposite complex.EMAIL/CALL BETWEEN 9AM - 5PM FOR APPOINTMENTS TO VIEW

Property History for 42/2607-2609 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$650,000
31 Jan 2024
Listed for Rent
$750/w
31 Mar 2022
  • 31 Jan 2024
    Sold for $650,000
  • 26 Jan 2022
    Listed for Rent $750 / week
  • 06 Aug 2003
    Sold for $245,000
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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 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.

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.