OFF MARKET

5/2253 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 206m2
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Property Details for 5/2253 Gold Coast Hwy, Mermaid Beach

5/2253 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 206m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2007.

Building Type
Unit
Year Built
1974
Floor Size
70m2
Land Size
206m2
Local Government
Gold Coast City
Lot/Plan
5/BUP1539

Last Listing description (October 2007)

GREAT BEACHSIDE INVESTMENT UNIT OR WEEKENDER
• It's not the prettiest building - but who cares! The Body Corp is just $600 per annum!
• Beautiful Nobby Beach just 300 metres easy stroll & Nobby Shops can't be any closer;

• The unit is 66 sq m.approx. with two bedrooms (new carpet & built in robes);
• It has an updated bathroom, separate laundry and separate W.C.
• The kitchen has been freshened up and has new fan forced upright stove;
• Large windows in the dining / kitchen area offer a pleasant aspect. You can watch the world go by as you sip your morning coffee!
• The unit has undercover parking for one vehicle & a second vehicle is able to be parked in tandem;
• All of the hard work is done - just add your finishing touches to this ideal investment unit.
Secure this unit and be one of only five owners with a stake in a prime beach-side Nobby redevelopment site.

Property History for 5/2253 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$323,000
31 Oct 2007
  • 31 Oct 2007
    Sold for $323,000
  • 28 Jul 2007
    Listed for Sale $325,500 ono
  • 12 Oct 1988
    Sold for $90,000

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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.