218/2342 Gold Coast Highway, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
 
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218/2342 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
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Last updated 15 Dec 2025
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Property Details for 218/2342 Gold Coast Hwy, Mermaid Beach

218/2342 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a floor size of 77m2.

Building Type
Unit
Year Built
2002
Floor Size
77m2
Local Government
Gold Coast City

Last Listing description (March 2021)

Ideally located on the ground floor this two bedroom, two bathroom apartment is fully furnished and is move in ready to go and will suit the first home buyer, astute investor or the buyer who is looking to downsize.
Located in the award winning Turtle Beach Resort this complex offers the ultimate coastal lifestyle and is only a 400m stroll to some of the best beaches the Gold Coast has to offer and you are also positioned within walking distance to the Nobby Beach restaurants and cafes.

If you are looking for a fantastic investment return, this fully furnished 2 bedroom 2 bathroom apartment features open plan lounge & dining, modern kitchen with dishwasher, air-conditioning, ceiling fan, washing machine and dryer.

Approx. Outgoings:
- Council Rates $1,700 annually approx
- Water/Sewage $1,200 annually approx
- Body Corporate $120pw approx

Return on investment :
Income Return : From $54,000 p.a ($270 per night)
Management Fees : 13.2%
Advertising Fees : 3.3%
Weekly Cleaning Fee : $93.50
Weekly Linen : $63.80

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Property History for 218/2342 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 07 Jan 2021
    Listed for Sale Ground Floor $359,000 + Offers
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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 5,672 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 30 properties listed for sale, and 26 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 323 properties were sold in the past 12 months in Mermaid beach.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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