OFF MARKET

64/16 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 64/16 Crescent Ave, Mermaid Beach

64/16 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 November 2018.

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

Last Listing description (December 2018)

Walk in, unpack your bags and then head straight for the beach - there is nothing left to do but enjoy the lifestyle such an apartment and position affords you.
Centrally positioned in the hub of Mermaid Beach, be where the action is in this light and bright top floor unit in the popular 3 storey walk up, Diamond Cove Resort.
Stylishly renovated throughout, this spacious unit offers 2 bedrooms, 2 bathrooms and a sunny balcony with city skyline views.

Whether you are looking for the perfect unit near the beach to call home or another investment property to add to your portfolio, there are endless opportunities on offer; rent out through the holiday pool and take advantage of the upcoming peak Christmas period and influx of holiday makers, permanently rent out or move in and enjoy the resort lifestyle year round.
Diamond Cove offers a 30m heated lagoon pool, heated spa plus BBQ gazebo facilities. With property like this booming in the area, this is a buy that you certainly won't regret.
Features Include:
- Recently renovated top floor apartment
- 2 bedrooms, both with balcony access
- 2 bathrooms
- North facing sunny balcony with city skyline views
- Dimmer switches on all lights
- Brand new air-conditioning in each bedroom
- Spacious open plan living
- Separate laundry
- Sparkling resort style swimming pool
- Close to shops, cafes & restaurants
- Short walk to patrolled beach
- Body Corporate Approx. $103 per week
- Council Rates Approx. $1,282 per year
- Water Rates Approx. 1,504 per year
- Potential Rent Return: Approx. $520 per week
You will simply love the convenience such a prime position affords you - Contact Cindy Katene or Luke Henderson to arrange your inspection today.

Property History for 64/16 Crescent Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$380,000
20 Nov 2018
Listed for Rent
$500/w
10 Aug 2017
  • 20 Nov 2018
    Sold for $380,000
  • 24 Sep 2018
    Listed for Sale Awaiting Price Guide
  • 28 Jul 2017
    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 5,620 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 89.00% increase in median value, while Units have seen a 102.72% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Beach is $2,497,613 while the median value for Units is $961,144.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 267 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.