4/31-33 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

4/31-33 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 306m2
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Property Details for 4/31-33 Peerless Ave, Mermaid Beach

4/31-33 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 306m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1995
Floor Size
124m2
Land Size
306m2
Local Government
Gold Coast City
Lot/Plan
4/BUP102821

Last Listing description (September 2025)

Don't miss out on the chance to secure a spacious two bedroom, two bathroom apartment in the heart of Mermaid Beach, located within the high density zoning (HX). This property is just a stone's throw away from the beach and only moments from the bustling hub of Broadbeach. The apartment boasts a contemporary kitchen and an air-conditioned, open plan living/dining area which seamlessly integrates with the large wrap-around balcony, perfect for entertaining guests year-round. This property is an excellent opportunity for both owner-occupiers and investors, as it is one of only six apartments set over 810m2 commanding a double allotment in the blue-chip high-density zoning section of Mermaid Beach.

The spacious master bedroom features a walk-in robe, ensuite and access to the balcony, while the second bedroom is also generously sized with built-in robes. There is a large main bathroom with a separate toilet and laundry facilities, as well as secure side-by-side basement parking. This is your chance to secure a centrally located investment property, holiday apartment, or beachside residence just footsteps away from the Gold Coast's most famous beaches. The property is within walking distance to Pacific Fair Shopping Centre, public transport/Broadbeach South tram station, restaurants/cafes, and just minutes away from the trendy entertainment precincts of Mermaid Beach, Nobby Beach, Miami & Broadbeach.

This apartment is perfect for downsizers or the astute investor looking for excellent returns, with the added advantage of being situated on an 810m2 double block allotment that is zoned high-density residential, offering unlimited future potential. The body corporate is low and the boutique block of only six is well-maintained. The owner is happy to consider offers in writing prior to the auction, so act now and arrange your inspection today!

Open plan kitchen, living/dining areas flowing out onto the oversized wrap-around balcony
Perfect for down sizers or the astute investor for excellent returns
810m2, Double block allotment, Zoned High Density Residential offering unlimited future potential
Low body corporate - well maintained boutique block of only 6
2 bedroom, 2 bathroom spacious apartment - footsteps to the beach
Enjoy the Mermaid Beach/Broadbeach lifestyle & entertaining precincts
Short stroll to local cafes & renowned restaurants including Etsu, Bonita Bonita, Glenelg Public House & Surf Club's
Positioned within walking distance to Pacific Fair Shopping Centre & local transport/tram station
Ready for new owners - live in, rent out or hold for future potential
Owner is happy to consider offers in writing prior to Auction
Golden opportunity - inspect today!

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.

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. * denotes approximate measurements

Property History for 4/31-33 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,000,000
10 Jun 2023
Listed for Rent
$900/w
10 Jul 2025
  • 10 Jul 2025
    Listed for Rent $900 / week
  • 02 Oct 2024
    Listed for Rent $900 / week
  • 10 Jun 2023
    Sold for $1,000,000
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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 5,873 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 72.03% increase in median value, while Units have seen a 84.83% increase. As at 31 May 2026:

  • The median value for Houses in Mermaid Beach is $3,156,532 while the median value for Units is $1,154,449.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 67 properties listed for sale, and 31 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 342 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.