5/21-23 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/21-23 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 1417m2
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Property Details for 5/21-23 Peerless Ave, Mermaid Beach

5/21-23 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 1417m2 and floor size of 44m2.

Building Type
Unit
Year Built
1999
Floor Size
44m2
Land Size
1417m2
Local Government
Gold Coast City

Last Listing description (August 2024)

Discover the perfect blend of comfort and convenience with this ultra-affordable 1-bedroom apartment on Peerless Avenue, Mermaid Beach. Designed to cater to couples and students, this charming residence offers a cozy living space with modern amenities. Enjoy the benefits of built-in robes, air conditioning, and a well-equipped kitchen. Water included in the rent.

Step outside to find your own private balcony, perfect for relaxing after a busy day or studying in peace. The complex boasts an inground pool, ideal for cooling off during warm Queensland summers. Secure parking is provided, ensuring your vehicle is safe and accessible at all times.

Mermaid Beach is renowned for its vibrant atmosphere and proximity to stunning beaches. You'll be within easy reach of local cafes, shopping centres, and public transport options. Don't miss your chance to secure this affordable gem in one of the Gold Coast's most sought-after suburbs. Act quicklythis opportunity won't last long!

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Property History for 5/21-23 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$600/w
24 Jul 2024
  • 23 Jul 2024
    Listed for Rent $600 / week
  • 12 Jun 2023
    Listed for Rent $580 / 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 5,886 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 53.89% increase in median value, while Units have seen a 79.61% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Beach is $3,031,364 while the median value for Units is $1,139,868.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 66 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 334 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.