405/51 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

405/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 66m2
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Last updated 10 Aug 2026
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Property Details for 405/51 Peerless Ave, Mermaid Beach

405/51 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 66m2 and floor size of 55m2.

Building Type
Unit
Year Built
2018
Floor Size
55m2
Land Size
66m2
Local Government
Gold Coast City

Last Listing description (June 2022)

Take advantage of the most recent development Mermaid Beach has seen in a fantastic location that is close to everything. Neo apartments have been thoughtfully considered to enhance a sophisticated yet simplistic way of life. Private balcony flow to open plan kitchen, dining and lounge rooms capturing the allure of smart coastal living.
This beautiful apartment includes:
- One bedroom

- Stone kitchen benches with designer splash backs and floor boards
- Great sized living areas that flow out onto spacious balcony
- Plush carpet throughout
- Built in wardrobe in the bedroom with beautiful bathroom/laundry
- Air conditioning in the living and main bedroom
- Ample natural light
- Designated storage areas which is rare for apartments these days
- Complete secure basement parking for those that travel for work or play and want to just lock up leave with peace of mind
- Your own personal secure storage lockup
- Please note no pets allowed
NEO also has a sensational roof top garden, entertainment retreat and exercise sky deck which capture uninterrupted ocean and hinterland views, as well as the glistening lights of Broadbeach to the North. Residents can enjoy an easy stroll to patrolled beaches, Pacific Fair Shopping Centre, Jupiters Hotel and Casino, transport networks including the light rail station, as well as the dining and entertainment hub of Broadbeach.

**BOOKING INSPECTIONS***

If you are on our website at www.palmbeachfn.com.au or realestate.com.au press the "BOOK INSPECTION" button.

If you are on any other property site you can start the process by sending us an email enquiry. Either way, you will then be INSTANTLY informed of any updates, changes or cancellations for your property appointment.

You DO NEED to register. If no one registers for an inspection time, then that inspection may not proceed. If there are no times set for this property yet, YOU MUST STILL register and as soon as times are set you will be advised of the newly set inspection day and time.

PLEASE NOTE: We DO NOT accept 1Form. Once you have inspected the property you will receive instructions on how to apply.

Property History for 405/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$490/w
12 Mar 2020
  • 12 Mar 2020
    Listed for Rent $490 / week
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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 5,871 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 40.80% increase in median value, while Units have seen a 72.73% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Beach is $2,903,254 while the median value for Units is $1,117,658.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 74 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 319 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.