7/28 Peerless Avenue, Mermaid Beach, QLD 4218 sold on 12 September 2025 | OnTheHouse
 
SOLD
Sold on 12 Sep 2025 for $5,800,000

7/28 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 55m2
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Property Details for 7/28 Peerless Ave, Mermaid Beach

7/28 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 55m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1967
Floor Size
97m2
Land Size
55m2
Local Government
Gold Coast City
Lot/Plan
7/BUP130

Last Listing description (December 2025)

Perfectly positioned just a two-minute stroll from the golden sands of Mermaid Beach, this stylish two-bedroom townhouse-style apartment offers the ultimate low-maintenance coastal lifestyle. Set within a boutique complex of only seven residences, the home combines comfort, natural light and convenience, all moments from dining, shopping and transport.

Property Features

Light-filled open plan living and dining area with air conditioning and easy-care tiles

Generous kitchen with excellent bench space, ample storage and quality appliances

Floating timber staircase leading to the upper level

Two bright bedrooms, both with polished timber floors and leafy outlooks

Large private balcony off the main bedroom, perfect for enjoying ocean breezes

Well-maintained bathroom positioned between both bedrooms

Single undercover carport, with additional on-street parking available

Unbeatable location - walk to the beach, popular cafs, local shops, Mermaid Beach Surf Club, and Pacific Fair

Live the relaxed coastal lifestyle while enjoying the convenience of this highly sought-after pocket of Mermaid Beach.

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Property History for 7/28 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$5,800,000
12 Sep 2025
Listed for Rent
$700/w
02 Dec 2025
  • 02 Dec 2025
    Listed for Rent $700 / week
  • 12 Sep 2025
    Sold for $5,800,000
  • 09 Jan 2023
    Sold for $862,143
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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 5,680 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 96.36% increase in median value, while Units have seen a 111.28% increase. As at 31 December 2025:

  • The median value for Houses in Mermaid Beach is $2,886,947 while the median value for Units is $1,103,207.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 37 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 323 properties were sold in the past 12 months in Mermaid beach.

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© 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.

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