242/2360 Gold Coast Highway, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

242/2360 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 5922m2
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Property Details for 242/2360 Gold Coast Hwy, Mermaid Beach

242/2360 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 5922m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2001
Floor Size
81m2
Land Size
5922m2
Local Government
Gold Coast City
Lot/Plan
42/SP141084

Last Listing description (September 2025)

Discover an exceptional ground floor apartment, make it your home or a perfect investment opportunity at Turtle Beach Resort, a family-friendly haven that promises impressive returns. This property is a standout addition to any portfolio, offering the advantage of taking on six months' worth of bookings in advance. With a current turnover of $67,000 per annum and a 95% occupancy rate, it's a lucrative prospect.

The light-filled interior is designed for relaxed living, featuring two spacious bedrooms, two bathrooms, and low-maintenance finishes throughout. Enjoy year-round comfort with split system air-conditioning in the open-plan kitchen, dining, and living areas. Both front and rear balconies enhance the indoor-outdoor lifestyle.

Each bedroom comes with built-in robes, while the master bedroom boasts an ensuite. Additional conveniences include an in-unit laundry and a parking space for one car.

Guests will love the resort's amenities, which include a splash zone water park, four pools, waterslides, saunas, spa pools, and a 22-seat cinema for endless entertainment.

Located within easy reach of stunning beaches, vibrant shops, cafes, and restaurants, this property is also conveniently close to public transport, Pacific Fair Shopping Centre, and The Star Gold Coast Casino.

Splash Zone Waterpark with 4 water slides, 2 toddler slides, dumping bucket, water cannons
Four separate swimming areas
Pool water slides
Four spas
Two saunas
Playground and Gated children's area's
15-hole putt-putt golf course
Arcade games room with coin-operated video and table games
Floodlit tennis court
Fitness room with the latest equipment
22-seat cinema with 4 showtimes daily
Eight BBQ entertainment area's
The Deck Restaurant & Bar
Tour Desk for bookings, tickets and transfers to Gold Coast attractions and airport.

PROPERTY FINANCIALS HOLIDAY LETTING
TOTAL - $67,000 P.A approx*

Permanent Rental Appraisal: $750-800 PW

*The above figures are based on information contained within the AirBnB ledger provided to us. The holiday bookings summary should be read in conjunction with the respective executed AirBnB documents and not relied upon in isolation. A copy of the holiday letting ledger can be provided upon request of the marketing agent.

Seize this incredible investment opportunity in the heart of Mermaid Beach. Contact us today to schedule a viewing!

Property History for 242/2360 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$630,000
27 Jul 2024
  • 27 Jul 2024
    Sold for $630,000
  • 03 Jun 2024
    Listed for Sale $650,000+
  • 08 Jul 2021
    Sold for $385,000
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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 5,677 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 34 properties listed for sale, and 29 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 324 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.