5/23 Venice StreetMermaid Beach QLD 4218
Property Details for 5/23 Venice St, Mermaid Beach
5/23 Venice St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 170m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
This is an exciting opportunity to buy an entry level beachside unit at fabulous Mermaid Beach.
Enjoy famous beaches at the end of the street, with all the conveniences of Pacific Fair, award-winning restaurants and Star Casino and Convention Centre all within walking distance.
Priced as the perfect entry level for the first home buyer, or else for the astute investor to add to your property portfolio. Ripe for an update to provide further added value or hold for possible future redevelopment.
Perfectly positioned in a block of only eight units on 809m2 prime beachside land, this is all about position, position, position.
Features:
- 2 bedrooms
- 1 bathroom
- Lock up garage with storeroom
- Beachside location
- Boutique building of 8 units
- Development potential on 809m2 prime beachside land
For more information about this property, contact our sales agent Luke Henderson 0409 599 507.
Outgoings:
Unit 5 Rental income: Currently tenanted at $420 per week
Body Corporate fees: $43.65 per week (approx.) - per unit
Council rates: $2,700 per annum (approx.) - per unit
Water rates: $1,335 per annum (approx. - variable upon consumption) - per unit
Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.
Property History for 5/23 Venice St, Mermaid Beach, QLD 4218
- 18 May 2022Listed for Sale Offers Over $675,000
- 10 May 2022Sold for $680,000
- 25 Jul 2013Transferred for $285,000
Recent sales nearby
See more recent sales nearby/assets/perm/eowv45f5eyi6nojsompace5xiq?signature=26c1ba3f2787230ef93b27b0f8d7d4916a18c5e3bd6fb000250b95c7b879e1ac){kind=logo}
0
/assets/perm/oya6lfbxnyi65a6m3uahi62xpe?signature=d2fc9ebd10567649aee3a8d0652bd247b02861ea5dc699096a7d85055558d2df){kind=logo}
0/assets/perm/inalobx5gii63kap477swef3fy?signature=cd0959e0e3f4e084f6cd603bf03586e1848a611791aabb41ea20434b5ed7ce6c){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 5,851 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 42.91% increase in median value, while Units have seen a 69.68% increase. As at 31 August 2026:
- The median value for Houses in Mermaid Beach is $3,025,246 while the median value for Units is $1,141,897.
- Houses have a median rent of $1,500 while Units have a median rent of $850.
Suburb Insights for Mermaid Beach 4218
Market Insights
Mermaid Beach Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mermaid Beach Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
