OFF MARKET

50/2320-2330 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 493m2
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Property Details for 50/2320-2330 Gold Coast Hwy, Mermaid Beach

50/2320-2330 Gold Coast Hwy, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 493m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
1995
Floor Size
110m2
Land Size
493m2
Local Government
Gold Coast City
Lot/Plan
50/BUP102144

Last Listing description (May 2019)

Located in the Diamond Sands Complex in the sought after suburb of Mermaid Beach, you can't go past this well maintained 3 bedroom, 2 bathroom apartment which overlooks the pool. This 3 bedroom apartment is amazing value compared to other apartments in the area.
The complex consists of 93 apartments in total and would be an excellent opportunity for an investor to purchase, with an approx. rental return of over $600 per week. Great for owner occupiers as well, with beautiful beaches and Nobby Beach restaurant and cafe precinct only a short stroll away.
Features:

- Sought after Complex & Suburb
- 3 spacious bedrooms
- 2 bathrooms
- Master with ensuite and WIR
- 2nd bedroom with WIR and 2 way to main bathroom
- Open plan living and dining
- Four year old kitchen with new appliances
- Huge balcony overlooking the resort pool to entertain on & balcony off main bedroom
- Views to the waterway and hinterland from both rear bedrooms
- Reverse Cycle Air conditioning to the living
- Overhead fans in all rooms
- Seperate Laundry
- Internet access
- Body corporate approx $106 per week
Resort features include:
- Large heated lagoon pool and spa
- BBQ pavilion and entertaining area
- Beautiful tropical landscaped gardens
- Secure gated complex with security entrance
- Freshly painted and well maintained complex
- Secure Parking, Onsite Managers
- Short walk to popular and beautiful beaches
- Short walk to Nobby Beach restaurant & cafe precinct
- Close to schools, shops, transport
Mermaid Beach is located between Broadbeach and Burleigh and is close to all the amenities and attractions the Gold Coast and Surfers Paradise has to offer. Only a short drive to leading attractions including the Star Casino Gold Coast Convention Centre, Pacific Fair Shopping and Bond University. Diamond Sands Resort has been a sought after complex in recent years for both investors and those wanting to live in this desirable location. Can be shown by appointment only.

Property History for 50/2320-2330 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$450,000
18 Mar 2019
  • 18 Mar 2019
    Sold for $450,000
  • 07 Mar 2019
    Listed for Sale Not Disclosed
  • 07 Oct 2014
    Sold for $315,000
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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 5,600 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.