305/46-48 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

305/46-48 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 132m2
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Property Details for 305/46-48 Peerless Ave, Mermaid Beach

305/46-48 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 132m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
2014
Floor Size
81m2
Land Size
132m2
Local Government
Gold Coast City
Lot/Plan
305/SP236472

Last Listing description (July 2026)

Nestled in the boutique, tightly held 'Pacific on Peerless' and just moments from the beach, this tastefully designed, well appointed two-bedroom, one-bathroom apartment is a rare opportunity. Spread across two levels, with high ceilings this residence combines modern elegance with functional living, making it perfect for owner-occupiers or savvy investors alike.

The bright and spacious open plan living and dining area features a large kitchen with ample storage and generous bench space showcasing an oversized ceiling height window allowing for an abundance of natural light to flow through the property.

Upstairs, you'll find your very own private & exclusive rooftop terrace with built in modern gas BBQ offering breathtaking panoramic views of the skyline and ocean, making it the ideal space for entertaining or relaxing in privacy.

Both bedrooms are thoughtfully positioned apart, featuring built-in robes & ceiling fans. The oversized bathroom is complete with floor to ceiling tiles, an expansive shower + separate powder room perfect for guests, completed with a cleverly designed laundry & storage area tucked away for convenience.

The property also includes a secure single lock-up garage with an additional exclusive use storage cage as well as a plunge pool positioned at the front of the complex.
Situated in a prime beachside location, this property is just steps away from the Gold Coast's most renowned beaches and vibrant areas, including Mermaid Beach, Nobby Beach, Miami, and Broadbeach. Within a short 5-10-minute walk, you'll find The Star Casino, Pacific Fair, trendy restaurants, cafes, and major shopping centres. Additionally, a new light rail stop, set to be completed in 2026, will be conveniently located at the end of the street, providing seamless access to both northern and southern destinations, including the Gold Coast Hospital and popular entertainment precincts. This future development adds significant value and appeal to the property.

Whether you're looking to embrace the ultimate beach lifestyle or invest in a high-demand location, this property offers an incredible opportunity. Don't miss out-act now to secure your slice of coastal paradise!

- Modern and well-appointed two-bedroom, one-bathroom residence.
- Exclusive rooftop with panoramic skyline and ocean views, perfect for entertaining or relaxing.
- Spacious air-conditioned living and dining area flowing to a private terrace with skyline views and ocean glimpses.
- Generous kitchen with ample storage and bench space.
- Two bedrooms positioned apart, featuring plantation shutters and built-in robes.
- Floor-to-ceiling tiles, expansive shower, separate powder room for guests, and concealed laundry with storage.
- Single lock-up garage with additional exclusive-use storage cage.
- Footsteps from Gold Coast's iconic beaches and precincts, including Mermaid Beach, Nobby Beach, Miami, and Broadbeach, The Star Casino, Pacific Fair, restaurants, cafes, and shopping centres.
- Convenient proximity to the light rail project (completion due in 2026).
- Perfect for embracing beachside living or capitalizing on high-demand real estate.
- Owners will consider all serious offers prior to Auction!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 305/46-48 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$950,000
05 Feb 2025
Listed for Rent
$720/w
05 Dec 2022
  • 05 Feb 2025
    Sold for $950,000
  • 09 Jan 2025
    Listed for Sale Auction
  • 25 Nov 2022
    Listed for Rent $720 / 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 5,871 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 40.80% increase in median value, while Units have seen a 72.73% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Beach is $2,903,254 while the median value for Units is $1,117,658.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 74 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 319 properties were sold in the past 12 months in Mermaid beach.

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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.