SOLD
Sold on 28 Oct 2024 for $555,000

57/16 Crescent Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 1328m2
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Property Details for 57/16 Crescent Ave, Mermaid Beach

57/16 Crescent Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 1328m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
104m2
Land Size
1328m2
Local Government
Gold Coast City
Lot/Plan
57/BUP12252

Last Listing description (September 2024)

Nestled in the gated Diamond Cove Resort in Mermaid Beach is this spacious 2 bed 2 bath north facing unit.
Boasting lush tropical gardens, resort/lagoon style heated pool + spa and covered BBQ facilities and only 5 minutes' walk to one of the Gold Coast's pristine, white sandy beaches.
Close to transport, restaurants, Pacific Fair Shopping Centre and Star Casino & Convention Centre.

You'll feel like you're on holiday every day when living in this beautifully landscaped tropical haven.
Currently tenanted.

Secure parking & On-Site Manager. $749,000

Call Gaynor for more information.

Property History for 57/16 Crescent Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$555,000
28 Oct 2024
Listed for Rent
$420/w
24 Aug 2016
  • 28 Oct 2024
    Sold for $555,000
  • 30 Jul 2024
    Listed for Sale Expressions of Interest
  • 09 Aug 2022
    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 5,631 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 28.19% increase in median value, while Units have seen a 106.31% increase. As at 30 November 2024:

  • The median value for Houses in Mermaid Beach is $1,796,952 while the median value for Units is $967,390.
  • Houses have a median rent of $850 while Units have a median rent of $770.
There are currently 42 properties listed for sale, and 17 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 274 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.