4/27 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

4/27 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 238m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Feb 2026
Low

High
Save

Property Details for 4/27 Peerless Ave, Mermaid Beach

4/27 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 238m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1982
Floor Size
101m2
Land Size
238m2
Local Government
Gold Coast City
Lot/Plan
4/BUP5102

Last Listing description (November 2025)

Situated at the Northern end of Mermaid Beach, this light and bright renovated beachside apartment is just footsteps to the ocean.
Spacious living area that seamlessly connects to a private balcony. Modern Kitchen with modern appliances & ample storage.
Two generously sized bedrooms, complete with built-in wardrobes to maximize space and organization.

Stylish bathroom designed for relaxation, featuring quality fixtures and finishes.

Property Features:

Two generous size bedrooms with built in robes
Stylish bathroom with seperate toilet
Modern kitchen with loads of bech space and a dishwasher
Ceiling fans throughout
Wrap around balcony facing north - east

Situated just moments from the golden sands of Mermaid Beach, this unit offers easy access to local cafes, restaurants, and shopping. Enjoy a vibrant coastal lifestyle with everything you need at your doorstep.

Application:
Interested in applying for this property? Once you have attended an inspection, or digitally inspected from our photographs, apply directly through https://www.realestate.com.au/ website -
Click on the property you are interested in and simply click the 'apply now' button!

***IMPORTANT! REGISTER TO INSPECT PROPERTIES***
By registering your details you will be INSTANTLY informed of any updates, changes or cancellations for your property appointment.
If you do not register for an inspection, the viewing may be rescheduled.
DON'T MISS OUT,
Book for an inspection time today by clicking the blue "Book an Inspection time" button on the right.

Disclaimer:
Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 4/27 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$730,000
29 Mar 2023
Listed for Rent
$800/w
24 Oct 2025
  • 24 Oct 2025
    Listed for Rent $800 / week
  • 15 Oct 2024
    Listed for Rent $800 / week
  • 29 Mar 2023
    Sold for $730,000
Sign in to see more transactions
Commute Calculator

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 5,842 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 23 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 318 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.