Back 6/18 Peerless Ave
Off Market

6/18 Peerless Ave

Mermaid Beach QLD 4218

2
1
1
Unit
Last sold for $890,000
Guy PowellGuy Powell, last sold this property on 29 April 2025 after 148 days on market.

Overview

Beachside Beauty in Prime Location!

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.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mermaid Beach over the last 12 months, the estimated median property value of 6/18 Peerless Ave is $942.5k.

Median value
$942.5k
Estimated value range
$735k - $1.57m
Median days on market
35
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Beach. 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 6/18 Peerless Ave

2025
Rented
Undisclosed
Leased on 22 Jun 2025 by Your Property Team
2025
Sold
$890,000
29 Apr 2025 by Guy Powell, of Coastal Broadbeach
2021
Sold
$690,000
Private Sale/Treaty on 07 Nov 2021 by Guy Powell, of Coastal Broadbeach

Happy sellers in Mermaid Beach

89%
89% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 61 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Beach

In the last 12 months, 42 two-bedroom units similar to 6/18 Peerless Ave, have been sold.

This represents a 32% increase in two-bedroom units sales when compared to the previous 12 months.

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