403/51 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

403/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 86m2
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Property Details for 403/51 Peerless Ave, Mermaid Beach

403/51 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 86m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2019
Floor Size
75m2
Land Size
86m2
Local Government
Gold Coast City
Lot/Plan
403/SP294081

Last Listing description (October 2024)

This amazing red hot property will be sold in a flash!!!!!!! located on the beach side of GC HWY only foot steps from the beach, pacific fair & star casino.

*************************VACANT POSSESSION 31st OF MAY 2023***********************************

Rental return of $750+pw

Only 2 years young in a small block of 40 apartments with low Body Corp fees of $117pw approx.

The apartment also comes with a secure car park and storage cage.

North facing apartment on the side of the complex away from the Highway with the Star Casino only a 6 minute walk away.

Positioned in one of the most tightly held suburbs of the Gold Coast - Mermaid Beach. Sit back & watch your investment grow in this iconic complex NEO with the beach only moments away & Nobby Beach dining and caf? precinct within an easy leisurely stroll.

Enjoy early morning beach walks, coffee, a quick swim or surf before work then catch up with friends at an array of eateries, bars, restaurants on your doorstep to embrace the trendy vibe of Mermaid Beach, & Nobby Beach village is one of the coasts most popular dining destinations.

Pacific Fair Shopping Centre is just down the road to catch the latest Cinema Attractions or shop until you drop. The light Rail out front for easy access around the Gold Coast.

Neo is positioned in one of the most tightly held suburbs of the Gold Coast, Mermaid Beach with apartment prices rising. Do not wait to pick up this piece of paradise.

There is a Roof Top garden entertainment retreat for Residents and exercise on the sky deck capture uninterrupted ocean & hinterland views, as well as the glistening lights of Broadbeach to the North. What a way to start your day!
BENEFITS
1. Small complex of 40 Units
2. Low Body Corporate
3. Storage Cage
4. Move in 60 days notice
5. Rental Return $750pw
6. Highly sort after location
7. Light Rail across the road
8. Pacific Fair across the road.
9. Star Casino short walk
10. Beach at end of the street
11. North Facing
12. 3 Years old still under builders warranty
13. lift

Private Inspections contact David Bolitho 0434480133

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.
* denotes approximate measurements.

Property History for 403/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$730,000
09 Jun 2023
  • 09 Jun 2023
    Sold for $730,000
  • 13 Dec 2022
    Listed for Sale OFFERS OVER $733,000-VACANT 31st of MAY
  • 01 Mar 2019
    Sold for $610,000
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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 5,849 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 27 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.