1/32 William Street, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

1/32 William Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 15 Dec 2025
Low

High
Save

Property Details for 1/32 William St, Mermaid Beach

1/32 William St, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit

Last Listing description (February 2025)

Discover coastal living at its finest in this spacious 2 bedroom, 2 bathroom ground-floor apartment, located only 220* meters from the golden sands of Mermaid Beach. For the first time in 23 years, this rare opportunity has come to market in a tightly held building of just 24 units, with no recent sales in over two years - a testament to its desirability and enduring appeal.

This boutique complex, "Kalahari Palms," rests on a generous 2,426m2 block, offering residents ample privacy and lush tropical surroundings. Step inside to a bright open-plan living area that flows to a north-facing balcony, ideal for soaking up the morning sun. With plenty of potential for renovation, this apartment offers a unique opportunity to add your personal touch and increase its value, creating the ultimate beachside retreat.

You'll be a short walk to local cafes, restaurants, and the Mermaid Beach SLSC, with Pacific Fair, Broadbeach Shopping and Restaurant Precinct, and the light rail station all close by. Built by the renowned developer Les Nichols, "Kalahari Palms" offers a sparkling in-ground pool, lush tropical gardens, and secure underground parking for your convenience.

Key Features:
Spacious ground-floor apartment
2 bedrooms, 2 bathrooms, including master with ensuite
Open-plan living with north-facing balcony
Additional balcony from main bedroom with views over tropical gardens and pool
Low body corporate fees
Secure parking for two cars, side-by-side
Secure, boutique building with 24 units
Prime location just 220m* from the beach and close to Mermaid Beach SLSC, cafes, Pacific Fair, and more

Don't miss this rare chance! This apartment will be auctioned on 11th December - act quickly to secure a prime position in the heart of Mermaid Beach.

Body Corporate approx. $65* per week
Council Rates approx. $1,635* per half-year
Water Rates approx. $460* per quarter
Rental Appraisal: $850 per week

Auction Terms:
Vacation Possession
5 - 10% Deposit, buyers choice
30 - 60 Day Settlement, buyers choice
In-Room Auction - Coastal Office - 16 Queensland Avenue, Broadbeach

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 1/32 William St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$920,000
12 Dec 2024
  • 12 Dec 2024
    Sold for $920,000
  • 12 Nov 2024
    Listed for Sale Auction In Rooms
  • 11 Aug 2012
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

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 5,676 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 92.60% increase in median value, while Units have seen a 111.40% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Beach is $2,724,302 while the median value for Units is $1,094,696.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 33 properties listed for sale, and 29 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 325 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.