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803/7-9 Mermaid Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 803/7-9 Mermaid Ave, Mermaid Beach

803/7-9 Mermaid Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (September 2023)

26 Levels, 146 Apartments
A hidden gem

Yves at Mermaid Beach, nestled between vibrant Broadbeach and ultra-cool Miami, looks out over perhaps the most relaxed stretch of coastline on the Gold Coast. Perfectly positioned on Mermaid Avenue, it's a relaxed stroll to the Mermaid Esplanade, one of the Gold Coast's more relaxed beaches, loved by locals.

The best of both worlds

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Property History for 803/7-9 Mermaid Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 04 Sep 2023
    Listed for Sale $2,300,000

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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.

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