704/51 Peerless Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

704/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 94m2
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Property Details for 704/51 Peerless Ave, Mermaid Beach

704/51 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 94m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2018
Floor Size
78m2
Land Size
94m2
Local Government
Gold Coast City
Lot/Plan
704/SP294081

Last Listing description (October 2023)

Occupying an enviable east-facing corner position, this modern two-bedroom, two-bathroom ocean view apartment offers the very best in convenient coastal living. Located on the beachside of the Gold Coast Hwy, and only a stone's throw from the beach, cafes, restaurants and world class shopping, this property is a must inspect!

Completed in 2019 in the tightly held 'Neo Apartments' complex, the property offers a generous layout carefully designed for entertaining. The kitchen flows through to the dining and lounge area and features a stone island benchtop complete with modern stainless-steel appliances. Entertain year-round from the large, covered balcony where you will also enjoy sea breezes and coastal views stretching all the way down to Coolangatta.

Both bedrooms are of good size and feature built-in robes including the master with its own private ensuite. A further full bathroom, separate laundry, rooftop terrace with BBQ area and secure underground car space completes the package.

Highlight features

- Ocean view apartment positioned just 350m from the beach
- Open plan layout with chef-style kitchen and stone benchtops
- Two good-size bedrooms with built-in robes including master with ensuite
- Large east facing covered balcony
- Located in the tightly held 'Neo Apartments' complex completed in 2019
- Split system air-conditioning
- Rooftop terrace with BBQ facilities
- Secure car space with storage cage and additional visitor parking
- Rental appraisal approx. $800 per week
- Close to cafes, restaurants, shops, and public transport

For further information regarding this property, please contact Mitchell today!

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 704/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$810,000
04 Sep 2023
Listed for Rent
$825/w
16 Sep 2023
  • 16 Sep 2023
    Listed for Rent $825 / week
  • 04 Sep 2023
    Sold for $810,000
  • 31 Jul 2023
    Listed for Sale Contact Agent
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the 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 5,883 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 53.89% increase in median value, while Units have seen a 79.61% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Beach is $3,031,364 while the median value for Units is $1,139,868.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 64 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 334 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.