701/51 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
 
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701/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 55m2
Land area: 66m2
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Last updated 9 Feb 2026
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Property Details for 701/51 Peerless Ave, Mermaid Beach

701/51 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 66m2 and floor size of 55m2.

Building Type
Unit
Year Built
2018
Floor Size
55m2
Land Size
66m2
Local Government
Gold Coast City

Last Listing description (April 2019)

Spacious 90m2 1 bedroom apartment with study nook and massive outdoor terrace and secure basement car parking and open for inspection Monday to Saturday from 10am to 12 pm or by appointment .
Neo Apartments have been thoughtfully considered to enhance a sophisticated yet simplistic way of life. Private balconies flow to open plan kitchen , dining ,and lounge rooms capturing the allure of smart coastal living.
Neo is positioned in one of the most tightly held suburbs on the Gold Coast , Mermaid Beach . Residents can enjoy an easy stroll to patrolled beaches , Pacific Fair Shopping Centre , Star Hotel and Casino , transport networks including the G Link light rail network as well as all the amazing dining and entertainment hubs of Broadbeach and Mermaid Beach . Neo provides relaxed coastal living while also offering doorstep access to world class lifestyle amenities.

Apartment 701 is perfectly positioned on Level 7 and has commanding views across Mermaid Beach to the mountains and south to Burleigh . This brand new executive spacious apartment has 1 bedroom with a 2 way bathroom with walk through robes and open plan living dining and kitchen areas leading to the balcony with a great private outlook. Interiors blend neutral tones and superior finishes creating a sublime sanctuary. Smart functional design invites the warmth of natural light and fresh ocean breezes to ensure the year round enjoyment of the enviable Gold Coast lifestyle .
Apartment 701 is available now to inspect - Please call to arrange an appointment .
* Please note the images in this listing are of a similar apartment within the building and not the subject property.

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Property History for 701/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 10 May 2018
    Listed for Sale Not Disclosed
  • 25 Nov 2017
    Listed for Sale FROM $445,000
  • 17 May 2017
    Listed for Sale FROM $445,000
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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 5,843 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 23 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.

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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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