1/28 Peerless Avenue, Mermaid Beach, QLD 4218 sold on 12 September 2025 | OnTheHouse
 
SOLD
Sold on 12 Sep 2025 for $5,800,000

1/28 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 50m2
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Property Details for 1/28 Peerless Ave, Mermaid Beach

1/28 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 50m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1967
Floor Size
92m2
Land Size
50m2
Local Government
Gold Coast City
Lot/Plan
1/BUP130

Last Listing description (May 2023)

Welcome to this beautiful unfurnished 2 bedroom townhouse style apartment located in the highly desirable Mermaid Beach area. Situated just a stone's throw away from the beach, this apartment offers the ultimate beachside lifestyle.

As you step into this apartment, you will be greeted with an open plan living area along with a large open plan kitchen. The apartment features two bedrooms, both with built-in wardrobes and plenty of natural light and a newly renovated bathroom.


Features include:
* Open plan living and dining
* Newly renovated bathroom
* Two bedrooms, both with built in wardrobes and ceiling fans
* Air conditioned main bedroom and balcony
* Well presented kitchen
* Quiet block
* Carport at your door step

Located just a short stroll away from the beautiful Mermaid Beach, this apartment is in the perfect location to enjoy all that the beachside lifestyle has to offer. With nearby cafes, restaurants and shopping, you will never be short of things to do.

Rent: $500 per week
Bond: $2,000
Available: NOW!
Term: 6 months only

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Potential tenant/s should undertake their own inspections and enquiries and seek their own independent legal advice, so to satisfy themselves that all details relating to the property are correct.

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Property History for 1/28 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$5,800,000
12 Sep 2025
Listed for Rent
$500/w
10 May 2023
  • 12 Sep 2025
    Sold for $5,800,000
  • 26 Apr 2023
    Listed for Rent $500 / week
  • 09 Feb 2023
    Sold for $862,143
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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 2.0% of total area. The population of Mermaid Beach in 2016 was 6533 people. By 2021 the population was 7329 showing a population growth of 12.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation.In 2021, 50.80% of the homes in Mermaid Beach were owner-occupied compared with 43.50% in 2016.

Mermaid Beach has 5,841 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 96.36% increase in median value, while Units have seen a 111.28% increase. As at 31 December 2025:

  • The median value for Houses in Mermaid Beach is $2,886,947 while the median value for Units is $1,103,207.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 50 properties listed for sale, and 24 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 311 properties were sold in the past 12 months in Mermaid beach.

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