SOLD
RECENT ADVICE
Sold on 01 Aug 2024 for $2,045,000

12 Avanti Street
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 191m2
Land area: 637m2
Sold By
McGrath Southport (F)
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Property Details for 12 Avanti St, Mermaid Waters

12 Avanti St, Mermaid Waters is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 637m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1976
Floor Size
191m2
Land Size
637m2
Local Government
Gold Coast City
Lot/Plan
322/RP136076

Last Listing description (August 2024)

Positioned on a spacious 637m corner allotment with a generous 46-meter frontage, this prime location is just 700 meters from popular Mermaid Beach and is zoned for medium density. This highly sought-after site offers the potential to build your dream home, two separate dwellings, duplex or triplex (STCA). Park your car as everything you need is in easy walking distance. Currently, the property features a five-bedroom, three-bathroom home with a rental potential of approximately $1,000 per week. This is a rare opportunity to secure a prized position in a vibrant and growing area of Mermaid.

- 637m corner allotment boasting a 46-meter frontage, zoned for medium density with two separate street addresses allocated.
- North facing aspect captures the glorious Gold Coast weather.

- Perfect position to build your dream home
- Potential to build two separate dwellings, duplex or triplex development (subject to council approval).
- Idyllic location with an easy walk to the beach
- Park your car, there is no need to drive everything is in walking distance.
- Walk to Medical Centre, chemist, radiology, physio, hairdressers
- Walk to Mermaid Waters Shopping Village, Mermaid Beach Village, Woolworths Metro, Super Butcher and a variety of specialist stores
- Walk to all of the entertainment, restaurants and cafes Mermaid Beach has to offer including Milkman's Daughter, J's Brunchette, Little Truffle, The North Room, Bam Bam Bakehouse, Little Mermaid, Lone Star Tavern, Sogno Italiano, Mermaid Tavern, Putt Putt
- Just 650m to the proposed new Q-Link South Mermaid tram stop
- Five-bedroom, three-bathroom dual living home with separate kitchenette and a rental potential of $1,000 per week.
- Children's playground situated at the end of the cul-de-sac with water access for paddle boards.

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Property History for 12 Avanti St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,045,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $2,045,000
  • 22 Jul 2024
    Listed for Sale $2,045,000
  • 08 Jan 2015
    Transferred for $219,209
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016.

Mermaid Waters has 6,176 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 109.39% increase in median value, while Units have seen a 99.43% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Waters is $1,872,145 while the median value for Units is $801,533.
  • Houses have a median rent of $1,200 while Units have a median rent of $720.
There are currently 46 properties listed for sale, and 12 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 335 properties were sold in the past 12 months in Mermaid waters.

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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.