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

51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
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Last updated 16 Feb 2026
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Property Details for 51 Peerless Ave, Mermaid Beach

51 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 55m2.

Building Type
Unit
Year Built
2018
Floor Size
55m2
Local Government
Gold Coast City

Last Listing description (February 2021)

***BREAK LEASE. CURRENT LEASE EXPIRES 30/6/2021. RENT WILL THEN INCREASE TO $560 PER WEEK. PLEASE CALL OFFICE NUMBER ON 5559 6888 FOR INSPECTION TIMES.

BE QUICK AS THIS PROPERTY WILL NOT LAST LONG.


Neo Apartments are perfectly located in the sought after suburb of Mermaid Beach. The location is simply superb, with walking distance to both the prestigious Pacific Fair Shopping Centre and the beach.

This particular Apartment is fully furnished, also including crockery, cutlery and other essential items.

Features include:

* Two (2) bedrooms both with built in wardrobes
* Two (2) bathrooms finished with neutral tones
* Quality kitchen appliances including stainless steel dishwasher and electric cook top
* Air conditioning to the living area
* One (1) secured undercover car park
* Rooftop with BBQ Facilities

Boutique development with 32 apartments in an Energy efficient building.
Neo apartments have been thoughtfully considered to enhance a sophisticated way of life. Private balconies flow to open plan kitchen, dining and lounge rooms, capturing the allure of smart coast living. Neutral tones and superior finishes throughout. Smart, functional design invites warmth of natural light and fresh ocean breezes to ensure year round enjoyment of the Gold Coasts enviable climate.





A rooftop garden, entertainment area offer both ocean and hinterland views, as well as the glistening lights of Broadbeach to the North.

Basement parking ensures convenience and security for Neo residents.

Residents are able to enjoy an easy stroll to patrolled beaches, Pacific Fair Shopping Centre, Star Casino, light rail station, as well as the dining and entertainment hub of Broadbeach.

**SORRY NO PETS ALLOWED**

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

A timeline of how this property has performed in the market
Listed for Rent
$460/w
10 Jan 2020
  • 11 Feb 2021
    Listed for Rent $550 / week
  • 13 Jan 2020
    Listed for Sale From $450,000
  • 20 Dec 2019
    Listed for Rent $460 / week
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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 5,842 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 70.23% increase in median value, while Units have seen a 100.06% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Beach is $2,589,068 while the median value for Units is $1,097,445.
  • Houses have a median rent of $875 while Units have a median rent of $820.
There are currently 51 properties listed for sale, and 25 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 314 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.