OFF MARKET

5/40 Arthur Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 107m2
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Last updated 11 Nov 2024
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Property Details for 5/40 Arthur St, Mermaid Beach

5/40 Arthur St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 107m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 1999.

Building Type
Unit
Year Built
1968
Floor Size
90m2
Land Size
107m2
Local Government
Gold Coast City
Lot/Plan
5/BUP312

Last Listing description (May 2024)

Conviently located just a short stroll to the beach, Hedges Avenue, public transport and local shops you could not ask for a better location.

Features include:
- Huge master bedroom with sunny renovated private balcony

- Open plan tiled living and dining area
- Well presented kitchen with island bench-top
- Internal laundry facilities
- Modern bathroom
- Ceiling fans in all rooms
- Large communal outdoor area with communal vegetable garden
- Quiet block of only 7 units
- Short walk to the beach

Enjoy the laid back atmosphere of beachside living, catching up with friends for a bite to eat at the trendy Mermaid Beach Village shopping centre, jump on the pushbike for a Sunday afternoon wind down at a local surf club or just a stone's throw to Gold Coasts famous beaches.

Rent: $650 per week
Bond: $2,600 (4 weeks rent)
Lease: 12 months preferred
Available: NOW

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Potential tenant/s should undertake their own inspections and enquiries and seek their own independent legal advice, so to satisfy themselves that all details relating to the property are correct.

Property History for 5/40 Arthur St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$98,000
07 Jan 1999
Listed for Rent
$650/w
20 May 2024
  • 18 Apr 2024
    Listed for Rent $650 / week
  • 24 Apr 2010
    Listed for Rent - Price not available
  • 14 Nov 2008
    Listed for Rent - Price not available
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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 5,600 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 40 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 272 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.