OFF MARKET

7 Chairlift Avenue E
Mermaid Beach QLD 4218

Bedrooms: 5
Bathrooms: 4
Car spaces: 1
Floor area: 393m2
Land area: 407m2
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Property Details for 7 Chairlift Ave E, Mermaid Beach

7 Chairlift Ave E, Mermaid Beach is a 5 bedroom, 4 bathroom House with 1 parking spaces and was built in 2020. The property has a land size of 407m2 and floor size of 393m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
2020
Floor Size
393m2
Land Size
407m2
Local Government
Gold Coast City
Lot/Plan
80/RP21864

Last Listing description (February 2019)

Offered for the first time in half a century, this classic beachside home situated on 407m2 block presents a tantalising range of possibilities for investment, renovation or redevelopment (STCA). Providing scope for further enhancement to meet today's family lifestyle expectations. Irreplaceable position only metres from the beach & parkland. The value of this property is underpinned by its prestigious address and exclusive, irreplaceable position! Metres from the beach and amenities including Nobby's shops, cafe precinct, recreational facilities and parkland, this residence offers astute buyers a unique opportunity to live in a locale that is rarely accessible; Move in, renovate or lease out while considering its future potential; Set amidst tropical gardens, the home comprises three first-floor bedrooms complemented by family bathroom and multiple living areas; A first-floor kitchen offers ample bench space, breakfast bar and views directly to parkland & Magic Mountain Take in spectacular ocean views from the kitchen, lounge and dining rooms or relax and unwind in one of two sunrooms; Downstairs offers a self-contained living zone with open-concept kitchen/living, two further bedrooms and a combined laundry/ bathroom; This property benefits from a single lock-up garage and workstation area, plus side access to the block; Zoned three storey height limit (15m) & allows a roof top balcony Wider street frontage of a generous 16.9m Exclusive positions are rarely this accessible; don't miss this unique beachside buying opportunity!

Property History for 7 Chairlift Ave E, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,900,000
27 Oct 2018
  • 27 Oct 2018
    Sold for $1,900,000
  • 28 Sep 2018
    Listed for Sale Auction
  • 03 Dec 1995
    Sold

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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 5,609 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 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.