7 Atlantic Ave, Mermaid Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 405m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Classic beach home on 405m2 of land situated just a 4-minute walk to the sands of Mermaid Beach.
A simple restyling and renovation has given this property the feel and look of all that is wanted in this extremely trendy beachside suburb.
The clean lines combined with the cool colour palette enhance the beach feel we all long for and the home effortlessly flows to the generous rear yard area that could become your oasis.
Air conditioning inside allows you to escape the harshest of our moderate climate and each bedroom is ample to hold queen sized bedroom suites.
With some of the coasts' most stylish cafes and restaurants just a short stroll, you will feel right at home in the heart of town. Pacific Fair Shopping Centre and Star Casino are also just a brief walk away and it will become even quicker once the light rail is in place.
There are few opportunities to secure quality freestanding homes with potential strong capital growth, so the savvy buyer will need to think quickly to secure this piece of paradise.
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:
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