OFF MARKET

5/31-33 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 306m2
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Property Details for 5/31-33 Peerless Ave, Mermaid Beach

5/31-33 Peerless Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 306m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in March 1999.

Building Type
Unit
Year Built
1995
Floor Size
145m2
Land Size
306m2
Local Government
Gold Coast City
Lot/Plan
5/BUP102821

Last Listing description (June 2024)

This property is conveniently situated just steps from the beach and a short distance from the vibrant centre of Broadbeach. The apartment showcases a modern kitchen and an open-plan living/dining area that seamlessly connects to the expansive wrap-around balcony, ideal for hosting gatherings throughout the year.

The master bedroom offers ample space with a walk-in robe, ensuite, and balcony access, while the second and third bedrooms are also generously sized and equipped with built-in robes. Additionally, there is a sizable main bathroom with separate toilet and laundry amenities, as well as secure side-by-side basement parking.

Residents will appreciate the property's proximity to Pacific Fair Shopping Centre, public transportation options including the Broadbeach South tram station, as well as a variety of dining establishments and cafes. Furthermore, it's just a short drive away from the trendy entertainment districts of Mermaid Beach, Nobby Beach, Miami, and Broadbeach.

Key Features:
Fully furnished apartment
Open-plan kitchen, living/dining areas flowing onto the spacious wrap-around balcony
3 bedrooms, 2 bathrooms, offering ample space mere steps from the beach
Embrace the vibrant lifestyle of Mermaid Beach and Broadbeach, along with nearby entertainment precincts
Conveniently located within walking distance to Pacific Fair Shopping Centre and local transport/tram station
Enjoy easy access to local cafes and renowned restaurants such as Etsu, Bonita Bonita, Glenelg Public House, and the local Surf Club's.

DISCLAIMER: While the Landlord and agent have made every effort to ensure the accuracy of these particulars, no warranty is given regarding their accuracy. Interested parties should not solely rely on these details as representations of fact but should instead conduct their own inspection or verification, and seek independent professional advice where necessary prior to making any enquiries.

DISCLAIMER: The air vents pictured in this property are from a previously decommissioned ducted air conditioner. Please note that this property does not come with air conditioning and the landlord will not repair of replace the decommissioned unit.

Property History for 5/31-33 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$278,000
13 Mar 1999
Listed for Rent
$1.15k/w
03 Jun 2024
  • 10 Apr 2024
    Listed for Rent $1,150 / week
  • 06 Apr 2016
    Listed for Rent - Price not available
  • 13 Mar 1999
    Sold for $278,000
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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, 269 properties were sold in the past 12 months in Mermaid beach.

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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.