OFF MARKET

7 Atlantic Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 405m2
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Property Details for 7 Atlantic Ave, Mermaid Beach

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.

Building Type
House
Year Built
1980
Floor Size
92m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
18/RP42678

Last Listing description (August 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.

Property History for 7 Atlantic Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,450,000
04 May 2023
Listed for Rent
$800/w
24 Feb 2021
  • 04 May 2023
    Sold for $1,450,000
  • 14 Mar 2023
    Listed for Sale Interest Over $1,390,000
  • 25 Jan 2022
    Listed for Sale $1,599,000
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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.