OFF MARKET

45 Venice Street
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 104m2
Land area: 405m2
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Last updated 18 Nov 2024
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Property Details for 45 Venice St, Mermaid Beach

45 Venice St, Mermaid Beach is a 3 bedroom, 1 bathroom House. The property has a land size of 405m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Floor Size
104m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
22/RP41784

Last Listing description (March 2017)

Perfectly positioned in Mermaid Beach, one of the most sought after suburbs on the Gold Coast is this 3 bedroom beachside house on a 405m2 block only a short stroll to the beach and so close to Pacific Fair with its multi-million dollar upgrade to a world class shopping precinct, Broadbeach Mall with its abundance of shops, restaurants, cafes and thriving nightlife, the Light Rail station - the most convenient way to travel, Jupiter's Casino and Gold Coast Convention Centre.
Secure this prime investment and hold for the future taking advantage of the rental income, knock down and redevelop, or build your dream beachside abode and start living the relaxed Mermaid Beach lifestyle that will make you the envy of all your family and friends.
Features Include:

- Prime investment: Hold for the future, knock down and redevelop or build your dream beachside abode
- 3 bedrooms, 1 bathroom
- 405m2 block
- Fully fenced yard
- Walk on the beach daily
- Convenient location close to Pacific Fair, Broadbeach Mall, the Light Rail Station, Jupiter's Casino and Gold Coast Convention Centre
This is a great opportunity to secure one of the last beachside shacks and move yourself into that exclusive Mermaid Beach address that most of us only dream about - Act quickly and buy today before you miss out!
Council Rates: approx. $2,745 p.a.
Water Rates: approx. $1,350 p.a.
Rental Income: Estimated at approx. $500 p/w

Property History for 45 Venice St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,000,000
17 Jan 2017
  • 01 Nov 2018
    Sold for $1,315,000
  • 17 Jan 2017
    Sold for $1,000,000
  • 29 Sep 2016
    Listed for Sale Reduced to sell - Offers Over $1,050,000
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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 5,594 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, 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.