OFF MARKET

5/15 Mermaid Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 105m2
Land area: 342m2
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Property Details for 5/15 Mermaid Ave, Mermaid Beach

5/15 Mermaid Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 342m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
1981
Floor Size
105m2
Land Size
342m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4594

Last Listing description (September 2023)

Discover the ultimate beachside lifestyle in this exquisite 2-bedroom apartment nestled within a boutique complex of only 9 units. Enjoy the functional layout, featuring an open-plan kitchen, living, and dining area that seamlessly flows onto a corner sheltered balcony, perfect for alfresco dining while soaking up the sunny North/East aspect. The master bedroom boasts a walk-in robe, ensuite and private balcony, while a generously sized second bathroom and separate laundry offer comfort and convenience. Surrounded by meticulously manicured gardens, and within walking distance to pristine patrolled beaches, vibrant dining precincts, and shopping centres, this apartment epitomises coastal living at its finest.

Details:
- Boutique complex of only 9 units with manicured gardens

- Merely metres to the beach
- NE orientation
- 2 spacious balconies
- Open plan kitchen, living and dining
- Renovated gourmet kitchen
- 2 spacious bedrooms
- 2 generous bathrooms plus separate laundry
- Master bedroom with balcony, ensuite and walk-in robe
- Single lock-up garage
- Excellent location close to premier shopping, dining and the beach

Details:
- 12 Month lease
- Pets considered on application
- Available 27th October 2023

Suburb Profile:
Mermaid Beach is geographically positioned in the centre of the Gold Coast alongside a 5 kilometre stretch of golden sand and surf beach and home to the famous Hedges Avenue "Millionaires Row". Experience amazing views from Hedges Avenue and Albatross Avenue as kilometres of white sandy beaches await you. There are also some great parks in the area to enjoy a barbeque or a quiet picnic with friends and family.

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Property History for 5/15 Mermaid Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$491,500
09 Aug 2019
Listed for Rent
$770/w
22 Sep 2023
  • 22 Sep 2023
    Listed for Rent $770 / week
  • 09 Aug 2019
    Sold for $491,500
  • 18 Jul 2019
    Listed for Sale UNDER CONTRACT
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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 5,622 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 89.00% increase in median value, while Units have seen a 102.72% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Beach is $2,497,613 while the median value for Units is $961,144.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 41 properties listed for sale, and 35 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.

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