SOLD
Sold on 20 Aug 2024 for $905,000

45/2342-2358 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 5898m2
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Property Details for 45/2342-2358 Gold Coast Hwy, Mermaid Beach

45/2342-2358 Gold Coast Hwy, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 5898m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
114m2
Land Size
5898m2
Local Government
Gold Coast City
Lot/Plan
45/SP133857

Property History for 45/2342-2358 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$905,000
20 Aug 2024
  • 20 Aug 2024
    Sold for $905,000
  • 21 Nov 2009
    Sold for $390,000
  • 20 Nov 2000
    Sold for $259,000

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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 5,607 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 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 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.