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 16 Sep 2024
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Property Details for Lot 9/21-25 Peerless Ave, Mermaid Beach

Lot 9/21-25 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit 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 January 2023.

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

Last Listing description (October 2016)

What a life to be living in this popular Mermaid Beach Holiday Resort located within easy walking distance to Jupiter's Casino, Pacific Fair, G-Link Light Rail and only a lazy stroll along Millionaire's Row to the surf and beaches.
Being just a short walk to Broadbeach clubs, pubs and restaurants this popular resort, nestled in tropical gardens is just a street away from Hedges Avenue without paying the high prices.
This one bedroom apartment features a fully equipped kitchen (including crockery, cutlery and cooking utensils), air-conditioning and a private balcony.

Great starter unit for any single or couple with a reasonable body corporate fee of only $85 p/week
CALL in advance to view the property LINDA 0419 214 997
Some photos are indicative only.

Property History for Lot 9/21-25 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$430,000
20 Jan 2023
  • 20 Jan 2023
    Sold for $430,000
  • 09 Mar 2021
    Sold for $320,000
  • 30 Sep 2016
    Sold for $210,000
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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 5,622 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 89.00% increase in median value, while Units have seen a 102.72% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Beach is $2,497,613 while the median value for Units is $961,144.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 41 properties listed for sale, and 35 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

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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.