23 Venice Street, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

23 Venice Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 809m2
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Property Details for 23 Venice St, Mermaid Beach

23 Venice St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 809m2.

Building Type
Unit
Land Size
809m2
Local Government
Gold Coast City
Lot/Plan
1/BUP836

Last Listing description (September 2022)

This is an exciting opportunity for the savvy buyer looking to secure their own slice of the lucrative Mermaid Beach property market!

Enjoy famous beaches at the end of the street, with all the conveniences of Pacific Fair, award-winning restaurants and Star Casino and Convention Centre all within walking distance.


Priced as the perfect entry level unit for the first home buyer, or else for the astute investor to add to your property portfolio. Ripe for an update to provide further added value or hold for possible future redevelopment.

Perfectly positioned in a block of only eight units on 809m2 prime beachside land, this is all about position, position, position.

Whether you're downsizing, looking for a central, low maintenance property or a set and forget investment, you won't want to miss it!

Features Include:
- 2 bedrooms
- 1 bathroom
- Lock up garage with storeroom
- Beachside location
- Boutique building of 8 units
- Development potential on 809m2 prime beachside land

Outgoings:
Rental income: Currently tenanted at $970 per fortnight until 23rd September 2022
Body Corporate fees: $43.65 per week (approx.)
Council rates: $2,700 per annum (approx.)
Water rates: $1,335 per annum (approx. - variable upon consumption)

For more information about this property, contact our sales agent Luke Henderson on 0409 599 507 or email luke@prohenderson.com.au

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 23 Venice St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$410/w
22 Sep 2020
  • 16 May 2022
    Listed for Sale $699,000
  • 02 Sep 2020
    Listed for Rent $410 / week
  • 29 Apr 2019
    Listed for Rent - Price not available
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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 5,843 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 51 properties listed for sale, and 23 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.