505/51 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

505/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 65m2
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Property Details for 505/51 Peerless Ave, Mermaid Beach

505/51 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 65m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
2019
Floor Size
55m2
Land Size
65m2
Local Government
Gold Coast City
Lot/Plan
505/SP294081

Last Listing description (May 2026)

Welcome to your own slice of Mermaid Beach bliss! This charming 1-bedroom apartment on Peerless Avenue is perfectly positioned for those who love the sound of the ocean and laid-back beachside living. With a well-appointed bedroom and a spacious bathroom, this apartment offers a cozy retreat after a day spent enjoying the sun, sand, and surf.

Whether you're strolling along the beach, catching waves, or exploring the local cafes and boutique shops, everything you need is right at your doorstep. The apartment also includes a garage space, adding convenience to your beachside lifestyle.

Key Features:

- 1 bedroom with built-in wardrobe
- Spacious bathroom
- Open-plan living & dining
- Modern kitchen with storage and bench space
- Car space included

Prime Mermaid Beach location, just moments to the sand, cafs, and shops

This is a rare opportunity to secure a coastal retreat in one of the Gold Coast's most sought-after suburbs. Don't miss outyour Mermaid Beach lifestyle starts here!

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Property History for 505/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$464,000
01 Mar 2018
  • 10 Oct 2025
    Listed for Rent - Price not available
  • 01 Mar 2018
    Sold for $464,000
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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 5,883 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 64 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.