SOLD
Sold on 29 May 2024 for $970,000

7/32-38 Montana Road
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 102m2
Land area: 968m2
Sold By
London Estate Agents
Save

Property Details for 7/32-38 Montana Rd, Mermaid Beach

7/32-38 Montana Rd, Mermaid Beach is a 2 bedroom, 2 bathroom Unit and was built in 1990. The property has a land size of 968m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
102m2
Land Size
968m2
Local Government
Gold Coast City
Lot/Plan
7/BUP9798

Last Listing description (June 2024)

Beautifully renovated ground floor apartment located only a short stroll to the golden sands of Mermaid Beach, local cafes and restaurants as well as walking distance to Pacific Fair and Star Casino.

Boasting open plan living, 2 good size bedrooms, 2 bathrooms and 2 car tandem parking, front balcony with private access. The building boast a huge swimming pool , BBQ area and manicured gardens.

An amazing location to live the perfect Gold Coast lifestyle or invest and keep it in the holiday let earing solid returns or invest with an expected permanent rental of approx. $850 to $900 per week.

Body corp approx $97 per week.

Property History for 7/32-38 Montana Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$970,000
29 May 2024
  • 29 May 2024
    Sold for $970,000
  • 27 May 2024
    Listed for Sale Not Disclosed
  • 03 Nov 2022
    Listed for Sale $855,000
Sign in to see more transactions

Commute Calculator

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 5,630 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 87.83% increase in median value, while Units have seen a 102.01% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Beach is $2,236,702 while the median value for Units is $973,473.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 29 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

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.