OFF MARKET

5/5 Francis Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 249m2
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Last updated 2 Sep 2024
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Property Details for 5/5 Francis St, Mermaid Beach

5/5 Francis St, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 249m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1982
Floor Size
102m2
Land Size
249m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4901

Last Listing description (June 2024)

You'll never miss a beat living in this exceptionally located apartment that boasts two extensive balconies and sparkling ocean views in an unbeatable beachside lifestyle setting. Placed on level 2 within the exclusive 'Wirringa Sands' security building with lift access and a resort-like pool on-site, it is literally footsteps from the golden sands of Mermaid Beach, the trendy Caf on Hedges plus the Mermaid Beach Surf Club/Patrolled beach.

Idyllic lifestyle pad for beach lovers, entertainers and downsizers
Set on the corner of Hedges Avenue just metres from the beach

Generous living/dining space with air conditioning and ocean views opens to balcony
Vast covered wraparound balcony soaks in extensive ocean and mountain views
Sleek large kitchen with stone benchtop island and new stainless steel dishwasher
Spacious bedrooms with built-ins, second adjoins two-way bathroom
Main with twin robes, air conditioning, ensuite and private ocean-view balcony
Sleek contemporary bathrooms, internal laundry, new clothes dryer
Elite building of 12, total floor plan 132sqm plus parking and storage 20sqm
Walking distance to Mermaid Beach restaurants
Moments to Pacific Fair and eateries at Nobbys and Broadbeach
Secure parking, with storage shed
Private north facing pool area

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Property History for 5/5 Francis St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$910,000
22 May 2021
Listed for Rent
$775/w
16 Jun 2024
  • 16 Jun 2024
    Listed for Rent $775 / week
  • 11 Jun 2021
    Listed for Rent $750 / week
  • 22 May 2021
    Sold for $910,000
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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 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.