SOLD
Sold on 18 Feb 2024 for $875,000

58/2 Gaven Crescent
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 121m2
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Property Details for 58/2 Gaven Cres, Mermaid Beach

58/2 Gaven Cres, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 121m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
89m2
Land Size
121m2
Local Government
Gold Coast City
Lot/Plan
58/SP208782

Last Listing description (April 2024)

A modern whitewashed haven, this top-floor apartment boasts two spacious bedrooms, two bathrooms, and not one, but two private balconies for your exclusive enjoyment. Rarely found, this gem also offers two side-by-side car parking spaces and a storage cage for your convenience.

A flood of natural light greets you upon entry, transitioning through the open-plan living, kitchen, and dining areas which seamlessly connected to alfresco terraces at both ends. The spacious main bedroom is a true retreat, featuring a stylish ensuite, walk-in robe, and direct balcony access. Meanwhile, the second bedroom is cleverly positioned next to the main bathroom and separate laundry, ensuring both privacy and functionality.

Featuring a prime location just 500 meters from the pristine sands of Mermaid Beach, surrounded by vibrant shopping and dining options to cater to every whim. It's time to elevate your everyday life with the perfect blend of convenience and luxurious coastal living.

Features:
- Top floor position with two private balconies
- Main bedroom with ensuite, walk-in robe and balcony access
- Spacious second bedroom with built-in robes
- Air-conditioned living opening onto large alfresco balcony
- Modern kitchen with electric appliances and stone island bench with breakfast bar
- Dining area leading to second smaller alfresco balcony
- Modern main bathroom
- Separate laundry
- Side-by-side secure basement parking for 2 vehicles
- Large storage cage
- Body Corp: Approx. $109 per week

Building Features:
- In ground pool
- Tennis court
- Covered BBQ area
- Under 500m to patrolled beaches, vibrant shopping and dining

Suburb Profile:
Mermaid Beach is geographically positioned in the centre of the Gold Coast alongside a 5 kilometre stretch of golden sand and surf beach and home to the famous Hedges Avenue "Millionaires Row". Experience amazing views from Hedges Avenue and Albatross Avenue as kilometres of white sandy beaches await you. There are also some great parks in the area to enjoy a barbeque or a quiet picnic with friends and family.

Property History for 58/2 Gaven Cres, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$875,000
18 Feb 2024
Listed for Rent
$800/w
21 Aug 2023
  • 18 Feb 2024
    Sold for $875,000
  • 08 Feb 2024
    Listed for Sale Contact Agent
  • 16 Aug 2023
    Listed for Rent $800 / week
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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.

Suburb Insights for Mermaid Beach 4218

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Elle Anderson
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Kurt Reid
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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.