42 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
 
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42 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 8
Bathrooms: 5
Car spaces: 6
Land area: 405m2
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Property Details for 42 Peerless Ave, Mermaid Beach

42 Peerless Ave, Mermaid Beach is a 8 bedroom, 5 bathroom House with 6 parking spaces. The property has a land size of 405m2.

Building Type
House
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
2/BUP2230

Last Listing description (April 2018)

Offering exceptional future scope for multi residential, this original two storey complex consists of three apartments and sits along side an original cottage. There is scope to either purchase one or both and redevelop a potential 810m site, refurbish and capitalise on this renowned destination.
Older style cottage and unit complex metres from the beach
Ground floor features 1 x 2 bedroom, 1 x 1 bedroom

The top floor has a single 3 bedroom, 2 bathroom apartment
Opportunity to invest in a manageable accommodation project
150 metres to the beach, close to shops, cafes and restaurants
Across road to Pacific Fair and 20 minutes to the airport

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Property History for 42 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$310/w
16 Feb 2018
  • 16 Feb 2018
    Listed for Rent - Price not available
  • 30 Nov 2017
    Listed for Sale Contact Agent
  • 07 Sep 2017
    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 5,841 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 96.36% increase in median value, while Units have seen a 111.28% increase. As at 31 December 2025:

  • The median value for Houses in Mermaid Beach is $2,886,947 while the median value for Units is $1,103,207.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 49 properties listed for sale, and 25 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 312 properties were sold in the past 12 months in Mermaid beach.

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