202/51 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

202/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
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Property Details for 202/51 Peerless Ave, Mermaid Beach

202/51 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 73m2.

Building Type
Unit
Year Built
2019
Floor Size
73m2
Local Government
Gold Coast City

Last Listing description (May 2018)

Neo is positioned in one of the most tightly held suburbs of the Gold Coast, Mermaid Beach, providing relaxed coastal living in Boutique building of only 32 apartments, and offering doorstep access to world class lifestyle amenities. Residents can enjoy the convenience of a ground floor caf and an easy stroll to patrolled beaches, Pacific Fair Shopping Centre, Star Casino, light rail station, as well as the dining and entertainment hub of Broadbeach.
- 200 metres to the beach
- 200 metres to the largest shopping & retail precinct in QLD

- Boutique development of 32 apartments
- 9 levels of modern architecture - energy efficient building
- Rooftop terrace and caf on the ground floor
- One, two and three bedrooms apartments available
- Some with ocean views, all have quality fixtures and fittings
- Strong rental demand - ideally located for holiday rental
- All apartments have basement parking and storage
- Under construction with completion 3rd quarter 2018
Neo, created by the multi award-winning Cru Collective in collaboration with project partner Ausvanguard Capital.

Property History for 202/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 26 Apr 2018
    Listed for Sale Not Disclosed
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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 5,846 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 70.23% increase in median value, while Units have seen a 100.06% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Beach is $2,589,068 while the median value for Units is $1,097,445.
  • Houses have a median rent of $875 while Units have a median rent of $820.
There are currently 48 properties listed for sale, and 27 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 313 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.