SOLD
Sold on 18 Mar 2024 for $725,000

6/11 Mermaid Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 371m2
Sold By
Simon Francis
Professionals John Henderson Real Estate
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Property Details for 6/11 Mermaid Ave, Mermaid Beach

6/11 Mermaid Ave, Mermaid Beach is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 371m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Mermaid Beach in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
115m2
Land Size
371m2
Local Government
Gold Coast City
Lot/Plan
6/BUP3705

Last Listing description (June 2024)

Discover this spacious two-bedroom unit nestled in a well-maintained block of nine "Sundowner Court".

The unit boasts a large open living area with a roomy floor plan and a retro galley-style kitchen. The original decor has been updated over the years, featuring a big master bedroom and a spacious second bedroom. Both the bathroom and laundry have been renovated.

Property Features:

- Unfurnished
- 2 bedrooms
- 1 bathroom
- open plan living dining
- balcony
- 1 carspace

Located just 300 meters from the beach, a short five-minute walk to the Broadbeach restaurant precinct, and only 100 meters from Pacific Fair, this unit offers unparalleled convenience. The nearby light rail station provides easy access to the northern Gold Coast and the upcoming extension to Burleigh Heads.

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Property History for 6/11 Mermaid Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$725,000
18 Mar 2024
Listed for Rent
$695/w
27 Jun 2024
  • 20 Jun 2024
    Listed for Rent $695 / week
  • 18 Mar 2024
    Sold for $725,000
  • 06 Feb 2024
    Listed for Sale Offers Over $720,000
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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.

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.