402/51 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

402/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 84m2
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Last updated 9 Feb 2026
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Property Details for 402/51 Peerless Ave, Mermaid Beach

402/51 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2019. The property has a land size of 84m2 and floor size of 77m2.

Building Type
House
Year Built
2019
Floor Size
77m2
Land Size
84m2
Local Government
Gold Coast City
Lot/Plan
402/SP294081

Last Listing description (January 2026)

Experience the very best of Mermaid Beach living in this beautifully presented 2-bedroom, 2-bathroom apartment, perfectly positioned just 300 metres from the sand and surf. Enjoy sunset drinks or alfresco dining on your elevated balcony while taking in sweeping ocean views.

Situated just off Millionaires' Row on Hedges Avenue, this 5th-floor residence is located in the boutique NEO building, offering secure lift access and underground parking. With only 32 apartments in total, you'll enjoy privacy, tranquillity and an enviable beachside lifestyle.

Property Features

Open-plan living and dining flowing seamlessly to a generous balcony with ocean views
Stylish kitchen with stone benchtops, breakfast bar, modern appliances & dishwasher
Two spacious bedrooms, main with ensuite and double vanity
Second modern bathroom + separate European laundry
Air conditioning throughout
Pet-friendly (subject to approval)
Secure lift access + basement parking

Building Amenities

Rooftop garden terrace with BBQ facilities, showcasing stunning ocean and hinterland views

Unbeatable Lifestyle & Location

Enjoy world-class amenities and everyday convenience right at your doorstep. Walk or cycle along the beachfront foreshore, or explore nearby:

Mermaid Beach 315m
Pacific Fair Shopping Centre 350m
The Star Casino 700m
Cafs, restaurants & bars within minutes
Mermaid Surf Club 630m
Dog-friendly Pratten Park & playgrounds 400m
Broadbeach dining & entertainment precinct 1.1km
Surfers Paradise 4km
Burleigh Heads Village & National Park approx. 8 minutes south
Gold Coast Airport approx. 25 minutes by car
Light Rail & motorway access nearby

This apartment offers the perfect blend of lifestyle, convenience and coastal luxury in a premium beachside pocket. Homes in this location lease quicklydon't miss out!

Tenant FAQs

Do I have to pay for the water supplied to this property? Yes
Is the property furnished or unfurnished? Unfurnished
What is the initial lease term offered? 6 or 12 months
Am I responsible for lawns & gardens? No

To apply for this property, please visit www.2apply.com.au

Harcourts Property Hub has taken every care in preparing this listing; however, we will not be held liable for any errors, omissions, or misdescriptions. All details are provided for general information only and are subject to change without notice. Prospective tenants should rely on their own inspection of the property and confirm inclusions and features at the time of viewing.V

Property History for 402/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$930/w
06 Jan 2026
  • 12 Dec 2025
    Listed for Rent $930 / week
  • 31 Oct 2024
    Listed for Rent $800 / week
  • 15 Jul 2021
    Listed for Rent - Price not available
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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 5,843 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 51 properties listed for sale, and 23 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 313 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.