2 Wave Street, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

2 Wave Street
Mermaid Beach QLD 4218

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 366m2
Land area: 405m2
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Property Details for 2 Wave St, Mermaid Beach

2 Wave St, Mermaid Beach is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 405m2 and floor size of 366m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
House
Floor Size
366m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
267/RP21863

Last Listing description (November 2025)

Nestled in the tightly held Wave Street, this incredibly rare, absolute beachfront property presents a once-in-a-lifetime opportunity in one of the Gold Coast's most coveted locations. Boasting a 12.7m frontage with direct beach access, this is a dream offering for homeowners, renovators, or developers (STCA).

This spacious 5-bedroom, 3-bathroom home is perfectly positioned on a private and quiet street, just moments from the vibrant Nobby Beach and Oxley precincts. The existing residence offers a workable floorplan for renovation, with open-plan living flowing seamlessly to an alfresco area overlooking breathtaking ocean views, with the sand at your feet.

Features:

- Prime 12.7m beachfront position incredibly rare opportunity.
- 5 bedrooms, 3 bathrooms, 2-car garage + 2 off-street parking.
- Ocean views from the master bedroom with ensuite & walk-in robe.
- Versatile multipurpose room.
- Expansive open-plan living area extending to alfresco entertaining.
- Renovate, detonate or develop (STCA) the potential is limitless.
- Exclusive location steps to the sand, Nobby Beach cafes & Oxley precinct.

Whether you choose to modernize the existing home, build your dream beachfront masterpiece, or explore development potential (STCA), this is an exceptional opportunity to secure one of Mermaid Beach's most prized addresses.

Property History for 2 Wave St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$11,520,000
05 Apr 2025
Listed for Rent
$300/w
30 Oct 2013
  • 05 Apr 2025
    Sold for $11,520,000
  • 05 Mar 2025
    Listed for Sale Auction
  • 22 Oct 2013
    Listed for Rent $300 / week
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the 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 5,866 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 72.03% increase in median value, while Units have seen a 84.83% increase. As at 31 May 2026:

  • The median value for Houses in Mermaid Beach is $3,156,532 while the median value for Units is $1,154,449.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 60 properties listed for sale, and 25 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 353 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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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.