4/32 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

4/32 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 254m2
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Last updated 18 May 2026
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Property Details for 4/32 Peerless Ave, Mermaid Beach

4/32 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 254m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1978
Floor Size
70m2
Land Size
254m2
Local Government
Gold Coast City
Lot/Plan
4/BUP2942

Last Listing description (June 2025)

Case Study:Method of Sale: Private TreatyDays on Market: 48Open Homes: 5OFI Attendees: 10Online Enquiries: 11Views Online: 2,524Written Offers: 2The beach beckons from this low maintenance North-Facing apartment on Mermaid Beach's doorstep. Flooded with natural light, this neat and tidy apartment is perfectly positioned in the most sought-after location in a small boutique building of only 7 units on a double beachside 809sqm block. An absolute blank canvas for someone to make their own or a savvy investment opportunity to simply land bank and hold for the future. Mere footsteps to the sand, surf and cafes including Mermaid Lifesaving Club, Little Mermaid, Bam Bam Bakehouse and Rafiki Cafe, embrace a relaxed, carefree lifestyle in a world class location.Positioned on the first floor and benefitting from a sunroom with floor to ceiling windows, the open plan living and dining spaces are absolutely sundrenched. Central well-equipped kitchen with quality appliances, plenty of bench space and storage. Two great sized bedrooms both with built-in robes and ceiling fans. Refurbished bathroom with combined laundry and separate toilet. Enjoy the additional convenience of a large up garage with additional secure storage space.Take advantage of the affordable body corporate fees and solid rental returns, making this the perfect blue chip investment to hold for future financial security. Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, parklands, restaurants and bars, patrolled surfing beaches, Miami Marketta, Nobby's Precinct, public transport, local schools, retail shops, sporting facilities, Burleigh Golf Course, and the future light rail stage 3A development all only footsteps from your door.Property Features: Low maintenance 2-bedroom, 1-bathroom North-Facing apartment Positioned in a small boutique building of only 7 units on a double block 809sqm Sunroom with floor to ceiling windows Open plan living and dining spaces Well-equipped kitchen with quality appliances, plenty of storage Two generously sized bedrooms both with built-in robes and ceiling fans Refurbished bathroom with separate toilet Oversized single lock up garage with ample additional storage Situated mere footsteps from the sand and surf Affordable body corporate fees and high rental returnProperty Specifics: Council Rates: $2,009.52* per half year (investment property rate) Water Rates: $337.94* per quarter Rental Appraisal: Estimated rental income of $750* per week. Currently rented for $720 per week until 10th August 2025. Body Corporate: $58* ^per week *Approx.^ AGM to be held 04.03.25 Proposed fee increase to $74 per week (refer Special Levies Motions in Disclosure Statement)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.

Property History for 4/32 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$865,000
07 Apr 2025
Listed for Rent
$720/w
30 Jul 2024
  • 07 Apr 2025
    Sold for $865,000
  • 24 Feb 2025
    Listed for Sale Offers Over $869,000
  • 18 Jun 2024
    Listed for Rent $720 / week
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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 5,862 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 67.79% increase in median value, while Units have seen a 92.92% increase. As at 30 April 2026:

  • The median value for Houses in Mermaid Beach is $2,983,428 while the median value for Units is $1,147,978.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 53 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 326 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.