OFF MARKET

21-25 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 1205m2
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Last updated 18 Nov 2024
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Property Details for Lot 4/21-25 Peerless Ave, Mermaid Beach

Lot 4/21-25 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1999. The property has a land size of 1205m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1999
Floor Size
44m2
Land Size
1205m2
Local Government
Gold Coast City
Lot/Plan
4/SP110523

Last Listing description (September 2024)

Wake up and enjoy the beachside lifestyle every day while immersing yourself in this fully renovated North facing ground floor apartment located just a moments' walk to pristine white sandy beaches and local surf clubs.

Located within easy walking distance to Jupiter's Casino, Pacific Fair, G-Link Light Rail and only a short stroll to hedges avenue, Gold Coast's most prestigious street AKA Millionaire's Row. This is more than just an apartment, it's a lifestyle that epitomizes Gold Coast living at its best without the hefty price tag!

The apartment is located in 'Montego Sands' a popular beachside complex, surrounded by tropical landscaped gardens with a sparkling in-ground pool to enjoy this summer.

Features:
- 1 bedroom, 1 bathroom fully furnished & newly renovated
- Brand new kitchen with quality fittings and fixtures throughout
- Renovated bathroom
- New flooring & paint throughout
- Convenient ground floor location
- Pet friendly
- Kitchen with ample storage space and breakfast bar
- Open plan living
- Timber shutters
- North aspect
- Sunny covered patio
- Air-conditioned living room & bedroom
- Intercom security
- Single basement car parking
- Well maintained complex with pool, spa & BBQ area

Located less than 150m from patrolled beaches, shops and public transport and just moments from G-Link Light Rail, Pacific Fair Shopping Centre, Casino, Gold Coast Convention Centre, Broadbeach Restaurants & Cafes and the lifestyle Mermaid Beach has to offer.

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Property History for Lot 4/21-25 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$489,000
12 May 2023
Listed for Rent
$650/w
18 Sep 2024
  • 11 Sep 2024
    Listed for Rent $650 / week
  • 12 May 2023
    Sold for $489,000
  • 01 Feb 2016
    Sold for $195,000
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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 5,597 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 40 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 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.