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5/37 Sunbrite Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 99m2
Land area: 399m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Medium-High Confidence
Last updated 24 Mar 2025
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High
$1.20M
$1.30M
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Property Details for 5/37 Sunbrite Ave, Mermaid Beach

5/37 Sunbrite Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 399m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Unit
Year Built
2001
Floor Size
99m2
Land Size
399m2
Local Government
Gold Coast City
Lot/Plan
5/SP140648

Last Listing description (April 2024)

Method of Sale: Auction
OFI Attendees: 55
Online Enquiries: 61

Number of Written Offers: 3
Number of Registered Bidders: 6
Days on Market: 41
Views Online: 5,745 (REA & Domain)

Auction In Rooms, Wednesday 31st January at 11:00am. Level 1, 16 Queensland Avenue, Broadbeach.

Conveniently located footsteps from the sand and surf and perfectly positioned in a boutique building of only 6 apartments on a 607sqm block, this recently refurbished and light-filled apartment with high ceilings presents an exciting opportunity to enjoy a relaxed carefree lifestyle where the beach is your playground.

The functional floor plan is designed with relaxed easy living in mind, with generous open plan living and dining areas that flow seamlessly to your private north facing balcony offering fantastic indoor and outdoor flow. A renovated kitchen is positioned at the heart of the home with plenty of natural light, breakfast bench, stone bench tops and an abundance of storage.

Luxurious oversized master suite with ensuite and additional north facing balcony. The second bedroom is very generously sized with another private balcony. Both bedrooms benefit from built-in robes, plantation shutters, ceiling fans and split system air conditioning.

Directly upstairs from the apartment and located on the 4th floor you will find your very own exclusive and secure north facing rooftop terrace that captures sensational city skyline views. Partially enclosed and covered to create the perfect space to relax or entertain all year round.

Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, restaurants and bars, patrolled surfing beaches, Pacific Fair, Nobby's Precinct, public transport, local schools, sporting facilities, Burleigh Golf Course and the future light rail stage 3A development all only footsteps from your door.

Property Features:
2 bedroom, 2 bathroom, 2 carpark north facing apartment
Secure north facing exclusive use private rooftop terrace with city skyline views
Boutique building of only 6 apartments on a 607sqm block
Currently 100% owner occupied building
Top floor position, high ceilings throughout
Open plan living and dining with north facing balcony
Modern kitchen with stone bench tops, breakfast bench, abundance of storage, electric oven and cooktop
Master suite with additional north facing balcony, ensuite and built-in robes
Second bedroom with built-in robes and private balcony
2 secure side by side car parking spaces in basement
Storage shed
Air conditioning throughout
Recently refurbished
Year round sea breezes
Only a short stroll to world class patrolled beaches, cafes, restaurants, Pacific Fair and public transport

Property Specifics:
Council Rates: $1,223.26* half yearly
Water Rates: $356.29* per quarter
Body Corporate: $96.30* per week
Rental Appraisal: $850* per week
*Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. 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.

Property History for 5/37 Sunbrite Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,125,000
31 Jan 2024
Listed for Rent
$450/w
23 Mar 2016
  • 31 Jan 2024
    Sold for $1,125,000
  • 22 Dec 2023
    Listed for Sale Auction In Rooms
  • 07 Mar 2017
    Sold for $650,000
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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 5,715 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 79.42% increase in median value, while Units have seen a 105.25% increase. As at 28 February 2025:

  • The median value for Houses in Mermaid Beach is $2,602,622 while the median value for Units is $996,470.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 51 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Mermaid beach.

What's around 5/37 Sunbrite Ave, Mermaid Beach

5/37 Sunbrite Ave, Mermaid Beach is in the school catchment zone for Broadbeach State School and Merrimac State High School.

Nearby Schools
Comparable Properties
Broadbeach State School
0.41km
Broadbeach 4218
IN CATCHMENTPrimaryGovernmentP - 6Combined895 Enrolled
Merrimac State High School
1.72km
Mermaid Waters 4218
IN CATCHMENTSecondaryGovernment7 - 12Combined1208 Enrolled
Miami State School
2.56km
Address not found
PrimaryGovernmentP - 6Combined819 Enrolled
Miami State High School
2.66km
Address not found
SecondaryGovernment7 - 12Combined1216 Enrolled
St Vincent's Primary School
3.04km
Clear Island Waters 4226
PrimaryNon-GovernmentP - 6Combined764 Enrolled
Surfers Paradise State School
3.16km
Surfers Paradise 4217
PrimaryGovernmentP - 6Combined672 Enrolled
Robina State School
4.89km
Robina 4226
PrimaryGovernmentP - 6Combined802 Enrolled
Varsity College
4.9km
Varsity Lakes 4227
CombinedGovernmentP - 12Combined3223 Enrolled
Caningeraba State School
5.02km
Burleigh Waters 4220
PrimaryGovernmentP - 6Combined1026 Enrolled
Arcadia College
5.1km
Varsity Lakes 4227
SpecialNon-Government7 - 12Combined189 Enrolled

Suburb Insights for Mermaid Beach 4218

Market Insights
Mermaid Beach Trends for Houses
Median Value

$2.60M

8.64%
View Trend
Median Growth

34.09%

View Trend
Median Rent

$850/W

15.00%
View Trend
Rental Yield

2.54%

13.31%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Mermaid Beach Trends for Units
Median Value

$996k

12.49%
View Trend
Median Growth

14.86%

View Trend
Median Rent

$775/W

3.33%
View Trend
Rental Yield

4.23%

10.95%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Neighbourhood Insights
Age

Population 6,524

0-9

 

7%

10-19

 

7%

20-29

 

24%

30-39

 

20%

40-49

 

12%

50-59

 

13%

60-69

 

9%

70-79

 

5%

80-89

 

2%

90-99

 

1%

Household Structure
Occupancy
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 liability for any loss or damage arising in connection with the data and information contained in this publication.
Queensland data
Based on or contains data provided by the State of Queensland (Department of Resources) 2025. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws; more information at www.propertydatacodeofconduct.com.au
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.