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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Property Details for Lot 8/21-25 Peerless Ave, Mermaid Beach

Lot 8/21-25 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. 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 June 2015.

Building Type
Unit
Year Built
1998
Floor Size
44m2
Land Size
1205m2
Local Government
Gold Coast City
Lot/Plan
8/SP110523

Last Listing description (July 2015)

The owners have instructed no guests for 1 month in order to sell.
This immaculate ground floor apartment has had the ultimate renovation and stands out among the rest and situated in a small complex of only 24. Very affordable for first home buyer, the astute investor for a permanent tenant or put in the holiday pool and use as a holiday home.

Features:

Fully furnished deluxe apartment
Secure designated car space
Stunning stone bench top kitchen
Good sized bedroom
Large bathroom
Split system A/C.
Pool and spa
Permanent rent at approximately $300/wk
Pacific Fair minutes away
Short walk to restaurants, clubs parks etc
The complex is family run giving the owners personal service and great returns.
This is in a sought after location and priced to sell with highly motivated owners
BE QUICK!
Property Code: 662

Property History for Lot 8/21-25 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$205,000
19 Jun 2015
  • 19 Jun 2015
    Sold for $205,000
  • 06 Aug 2014
    Listed for Sale $225,000
  • 06 Nov 2013
    Listed for Sale $215,000
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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 5,723 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 79.42% increase in median value, while Units have seen a 105.25% increase. As at 28 February 2025:

  • The median value for Houses in Mermaid Beach is $2,602,622 while the median value for Units is $996,470.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 54 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 269 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 liability for any loss or damage arising in connection with the data and information contained in this publication.