6/18 Peerless Avenue, Mermaid Beach, QLD 4218 sold on 30 April 2025 | OnTheHouse
SOLD
Sold on 30 Apr 2025 for $890,000

6/18 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/18 Peerless Ave, Mermaid Beach

6/18 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit

Last Listing description (April 2025)

Case Study:
Method of Sale: Off Market
Written Offers: 3

This low maintenance open plan two level, two-bedroom apartment embraces beachside living at its finest.

Situated beachside of the Gold Coast Highway in one of Mermaid's most prestigious streets, you're only a few short steps to the sand and surf.

Located in a boutique building of only 7 apartments on a prime 809m2 double block and nestled within close proximity to wide open parklands and the hustle and bustle of Broadbeach where good food and good vibes flow all year round.

Property Features:
• Apartment set over two levels
• Two generous sized bedrooms with built ins, one bathroom
• Main bedroom with East facing balcony
• Modern kitchen with open plan living and dining area
• Ceiling fans throughout
• Polished wooden floors
• Low maintenance building
• Low body corporate
• Small block of only seven on a double beachside block of 809sqm

Property Specifics:
• Council Rates: $1,601.48* per half year
• Water Rates: $379.44* per quarter
• Rental Appraisal: Estimated rental income of $750 - $800* per week (Currently rented for $780 per week until 16th May 2025)
• Body Corporate: $103.74* per week (Subject to 20% discount)
*Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 6/18 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$890,000
30 Apr 2025
Listed for Rent
$450/w
27 Feb 2020
  • 30 May 2025
    Listed for Rent - Price not available
  • 11 Apr 2025
    Sold for $890,000
  • 02 Dec 2024
    Listed for Sale Offers Over $890,000
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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 5,845 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 47 properties listed for sale, and 25 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 313 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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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.