OFF MARKET

5/29 Montana Road
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 105m2
Land area: 359m2
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Property Details for 5/29 Montana Rd, Mermaid Beach

5/29 Montana Rd, Mermaid Beach is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1988. The property has a land size of 359m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1988
Floor Size
105m2
Land Size
359m2
Local Government
Gold Coast City
Lot/Plan
5/BUP9171

Last Listing description (December 2021)

This perfectly positioned apartment has everything you need, location, location, location.

Sandy beach at the end of the street, parkland views from your balcony, walk to Surf Clubs, coffee shops, restaurants and Pacific Fair, with public transport at your fingertips - what more could you want.


Live the lifestyle that most only dream about, walks along the beach, coffee with friends at one of the many local cafes, or a night on the town at Star Casino, restaurant choices are too many to mention, and all within close proximity to home, you won't even need to hop in the car.

Whether your looking to live in or add to your investment portfolio, this is one property you don't want to miss.

To make this property yours please call Evelyne on 0410 088 866.

Features:
2 bedrooms
2 bathrooms
Sunny north facing balcony
Views over parkland
Beach at the end of the street
Secure parking

Council rates: $2,764 per annum (approx.)
Water rates: $1,240 per annum (approx. - variable upon consumption)
Body Corporate fees: $63 per week (approx.)
Currently Tenanted: $500 per week until 31st January 2022

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 5/29 Montana Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$850,000
14 Dec 2021
Listed for Rent
$500/w
17 Dec 2020
  • 14 Dec 2021
    Sold for $850,000
  • 06 Dec 2021
    Listed for Sale FORTHCOMING AUCTION
  • 10 Dec 2020
    Listed for Rent $500 / week
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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 5,653 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 72.14% increase in median value, while Units have seen a 109.66% increase. As at 31 January 2025:

  • The median value for Houses in Mermaid Beach is $2,561,102 while the median value for Units is $996,827.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 57 properties listed for sale, and 28 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 278 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.