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.
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.
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:
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