5/20 Peter Parade

Off Market

5/20 Peter Parade

Mermaid Waters QLD 4218

Unit

Last sold for $295,000

Overview

Entry Level Opportunity in Great Location

Enjoy all that this great location has to offer. Close to schools, funky cafes, Pizzy Park, Miami Marketta, Waterways Shopping Precinct and 5 minutes to the beach. This large 2 bedroom top floor unit sits in a walk-up of only 6 units. The large open plan living/dining/kitchen opens out onto an east facing balcony, making the unit bright and airy. Both bedrooms are large as is the bathroom. At this price this is an ideal project for a first home owner, great buy for an astute investor or an easy flip opportunity. * East facing balcony * Large tiles in the living area * Small block of 6 units * Lock-up car accommodation * Low Body Corporate fees * Land size – 1041 m2 Investment Information * Asking price $307,000 * Body Corporate – approximately $38 per week * Rates – approximately $1700 per year * Rent – currently $300 per week 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.

Features

2 bedrooms

1 bathroom

1 carspace

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mermaid Waters over the last 12 months, the estimated median property value of 5/20 Peter Parade is $878.75k.

Median value

$878.75k

Estimated value range

$655k - $1.25m

Median days on market

Estimated value trend

13%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Mermaid Waters. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/20 Peter Parade

2017

Sold

$295,000

14 Sep 2017

Happy sellers in Mermaid Waters

85%

85% of sellers in Mermaid Waters reported that their sale price either exceeded or met their price expectations.

Mermaid Waters stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 48 reviews in Mermaid Waters over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Waters

In the last 12 months, 25 two-bedroom units similar to 5/20 Peter Parade, have been sold.

This represents a 42% increase in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Mermaid Waters for a free market appraisal.

Gypsea Youngsmith

at Kollosche

(38 reviews)

Get a free market appraisal

Christine Tucker

at Coastal Broadbeach

4.9

(265 reviews)

Get a free market appraisal

Colin George

at Stone Real Estate Gold Coast

(11 reviews)

Get a free market appraisal

Ben Gannon

at Ray White Mermaid Waters

(31 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mermaid Waters

Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Waters. They have 12 local sales and collected 13 local reviews across the last 12 months.

5 (38 reviews)
13 Reviews in Mermaid Waters
12 Sales in Mermaid Waters

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Christine Tucker

Sellers who recommend Christine Tucker have praised them for being local expert, clear communication, responsive, honest, supportive, reliable and friendly