OFF MARKET

45/16 Crescent Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 1328m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 45/16 Crescent Ave, Mermaid Beach

45/16 Crescent Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 1328m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1992
Floor Size
85m2
Land Size
1328m2
Local Government
Gold Coast City
Lot/Plan
45/BUP12252

Last Listing description (March 2023)

This lovely furnished, air conditioned one bedroom apartment is located only 300m approximately to the beach.

Situated in an impeccable block of units, that really couldn't be in a more central position than this.

Featuring a spacious open plan living and dining area extending to the huge private balcony overlooking the tropical pool.

Diamond Cove Resort has a great range of facilities including a large swimming pool, BBQ area & secure parking.

This is an amazing opportunity for healthy returns and future gains, being one of the hottest properties on the market in a high growth location.

This is truly great buying at this price and a very realistic seller that wants this property SOLD.

You simply can't afford to miss this one!

Property History for 45/16 Crescent Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$365,000
07 Sep 2021
Listed for Rent
$350/w
24 Jul 2019
  • 07 Sep 2021
    Sold for $365,000
  • 25 Aug 2021
    Listed for Sale $379,000
  • 11 Jul 2019
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.