SOLD
RECENT ADVICE
Sold on 14 Oct 2024 for $1,115,000

8/5-7 Lavarack Road
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Save

Property Details for 8/5-7 Lavarack Rd, Mermaid Beach

8/5-7 Lavarack Rd, Mermaid Beach is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
8/BUP5322

Last Listing description (October 2024)

Case Study:
Method of Sale: Private Treaty
Days on Market: 27

OFI Attendees: 29
Online Enquiries: 11
Views Online: 2,478

The beach beckons from this low maintenance apartment on Mermaid Beach's doorstep. Flooded with natural light, this bright and breezy apartment is perfectly positioned less than 100m to world class beaches within a tightly held boutique building of just 8 units on a double beachside 809sqm block.

Enjoy the soothing sound of the waves right at your doorstep with just a short stroll to Nobby's Beach. This residence is your gateway to an unparalleled lifestyle of luxury, convenience, and endless seaside adventures. Just steps away from the sand, surf and cafes including The Oxley and Nobby's Surf Lifesaving Club.

The functional floor plan is designed with relaxed easy living in mind, with generous open plan living and dining areas that flow seamlessly to your private North facing oversized terrace offering fantastic indoor and outdoor flow. This unique space is partially enclosed and covered and is complete with mature manicured plants, creating the perfect space to relax or entertain all year round with the utmost privacy.

The well-equipped kitchen benefits from plenty of natural light, quality electric appliances and an abundance of storage and bench space. Two generously sized light filled bedrooms both with triple mirrored built-in robes and ceiling fans. The master bedroom benefits from split-system air conditioning and captures sensational city skyline views. Both bedrooms are serviced by a large family bathroom with bathtub and combined laundry.

Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, parklands, restaurants and bars, patrolled surfing beaches, Miami Marketta, Nobby's Precinct, The Oxley, Nobby's Surf Club, BSKT Cafe, public transport, local schools, retail shops, sporting facilities, Burleigh Golf Course, and the future light rail stage 3A development all only footsteps from your door.

Property Features:
• 2-bedroom, 1-bathroom, 1 car beachside apartment
• Secure north facing exclusive use private terrace
• Boutique building of only 8 units positioned on a double beachside block (809sqm)
• Top floor position, high ceilings throughout
• Open plan living and dining spaces filled with natural light
• Well-equipped kitchen with plenty of storage and quality appliances
• Large master bedroom with built-in robes, air-conditioning and direct access to the living areas
• Generously sized additional bedroom with built-ins and ceiling fan
• Oversized family bathroom with bathtub and combined laundry
• Split-system conditioning in the living
• Oversized carpark in a secure basement with storage shed
• Year-round sea breezes
• Only a short stroll to world class patrolled beaches, cafes, restaurants and public transport

Property Specifics:
• Council Rates: $1,578.45* per half year
• Water Rates: $342.16* per quarter
• Rental Appraisal: $800 - $850* per week
• Body Corporate: $114.74* per week (subject to 20% discount)
* Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 8/5-7 Lavarack Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,115,000
14 Oct 2024
  • 14 Oct 2024
    Sold for $1,115,000
  • 11 Sep 2024
    Listed for Sale Offers Over $1,100,000
  • 16 Jan 2010
    Sold for $525,000
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 5,621 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 39 properties listed for sale, and 31 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 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: The middle value of all properties across the geography based on the Automated Valuation Model.


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


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Josie Ross
Show contact details
Guy Powell
Show contact details
COASTAL °
Preferred contact:
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.