5/16 Lavarack Road, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/16 Lavarack Road
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 487m2
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Property Details for 5/16 Lavarack Rd, Mermaid Beach

5/16 Lavarack Rd, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 487m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
1999
Floor Size
87m2
Land Size
487m2
Local Government
Gold Coast City
Lot/Plan
5/SP116904

Last Listing description (November 2025)

Blessed with a sun drenched aspect and in a rarely available blue chip position, this North facing contemporary beachside apartment has been fully refurbished and captures an abundance of natural light and ocean breezes.

- Main living area opening to north terrace and skyline views.
- Generous bedrooms, master with luxe ensuite.

- Sleek contemporary finishes with a neutral colour palette.
- Contemporary stone kitchen with stainless steel appliances.
- Luxurious finishes throughout, light filled interiors.
- Enviable location.
- Block of seven apartments in boutique building.
- Pool & BBQ area on the ground level.
- Basement carspace, air conditioned.
- Metres from patrolled beaches, cafes, surf clubs, Nobbys shops and the Oxley Precinct.

Property History for 5/16 Lavarack Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$540,000
10 Jun 2019
  • 19 Nov 2024
    Listed for Rent $950 / week
  • 10 Jun 2019
    Sold for $540,000
  • 02 May 2019
    Listed for Sale $555,000
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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 5,673 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 92.60% increase in median value, while Units have seen a 111.40% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Beach is $2,724,302 while the median value for Units is $1,094,696.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 327 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.