SOLD
Sold on 26 Jul 2024 for $945,000

40 Alec Avenue
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 171m2
Land area: 795m2
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Property Details for 40 Alec Ave, Mermaid Waters

40 Alec Ave, Mermaid Waters is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1986. The property has a land size of 795m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1986
Floor Size
171m2
Land Size
795m2
Local Government
Gold Coast City
Lot/Plan
205/RP149707

Last Listing description (June 2020)

This inviting single level waterfront residence offers a desirable family haven and exudes livability, perfectly designed to compliment a relaxed indoor/outdoor lifestyle on a generous 795m2 allotment. - 4 Good size bedrooms, master bedroom with ensuite - Large well appointed kitchen, stone benchtops, stainless steel Miele appliances - Defined open plan living, porcelain floor coverings - Impressive undercover timer deck entertaining area facing over water - Reverse cycle air conditioning - Good size grassed yard for the children, room for inground swimming pool - Side access for a boat or caravan - 795m2 allotment - Walk distance to pristine beaches, the vibrant Nobby Beach cafe + restaurant scene and two schools - Public transport nearby GENUINE OVERSEAS OWNER SAYS SELL TODAY!

Property History for 40 Alec Ave, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$945,000
26 Jul 2024
Listed for Rent
$700/w
03 Jun 2016
  • 26 Jul 2024
    Sold for $945,000
  • 05 Feb 2019
    Sold for $975,000
  • 28 Nov 2018
    Listed for Sale Interest Above $995,000
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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 6,178 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 103.10% increase in median value, while Units have seen a 102.32% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Waters is $1,874,168 while the median value for Units is $814,080.
  • Houses have a median rent of $1,150 while Units have a median rent of $730.
There are currently 41 properties listed for sale, and 12 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 347 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 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.