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4/5-7 Lavarack Road, Mermaid Beach$975,000
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4/5-7 Lavarack Road

Mermaid Beach, QLD 4218, Australia
$975,000
2 bed 1 bath 1 car93 m²

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StMate Estimate

Estimated market value today, from comparable sales

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$925,000likely $725,000$1,240,000

Based on 29 comparable sales near Mermaid Beach.

Indicative only, not a formal valuation. Actual value depends on condition and market movement since sale.

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About this property

Investor Says Sell! Beachside Buying in the Heart of Nobby Beach Auction | Wednesday 8 July 2026 at 11:00am Coastal Broadbeach Office, 16 Queensland Avenue, Broadbeach Just one street back from the sand and positioned in one of the Gold Coast's most tightly held beachside pockets, this spacious apartment presents an exceptional opportunity to secure an affordable foothold in Mermaid Beach. Set within the boutique Silver Gulls complex of only eight apartments, the residence enjoys a prized north-east aspect, this apartment is light, bright and airy with generous proportions and an unbeatable lifestyle location. Walk to the beach, cafés, restaurants, surf club and future Light Rail station, all from your doorstep. Whether you're an owner-occupier, investor, first-home buyer or holidaymaker, opportunities this close to the beach are becoming increasingly rare. Property Highlights • One street back from the beach • Boutique block of only 8 apartments • Desirable north-east aspect with ocean breezes • Spacious open-plan living and dining • Oversized sunny north-facing balcony • Two generous bedrooms with built-in robes • Secure basement car space • 93m² total area (approx.) • Vacant possession - move straight in or lease immediately • Future Light Rail station at the end of the street • Positioned on a substantial 809m² corner site with dual street frontage Property Details • 2 Bedrooms | 1 Bathroom | 1 Secure Car Space • Body Corporate: Approx. $125 per week • Council Rates: Approx. $2,281.75 per half year • Water Rates: Approx. $490.58 per quarter One Street from the Sand - Owner Committed to Sell, instructions are clear - this property will be sold. Contact Brooke Henley-Smith or Andrew Henderson today to arrange your inspection.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
93 m²
Listed
1 month ago

Repayment calculator

$4,727/month
$2,363 /fortnight
Loan $780,000 at 6.10% over 30 years

Upfront costs

Deposit$195,000
Stamp duty$36,900
Conveyancing (est.)$2,000
Total upfront$233,900
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mermaid Beach

This 2-bedroom apartment in Mermaid Beach, QLD 4218 sits within reach of public transport, local shops local amenities. It is listed 51% below the $2.00m median of 60 comparable apartmentswithin 5 km.

What's nearby

  • Gold Coast Hwy at Annette Kellerman Park (bus)1.4 km away
  • Krownd Men’s Aesthetic Clinic2.2 km away
  • Unnamed997 m away
  • Unnamed1.1 km away
  • Unnamed1.2 km away

Mermaid Beach at a glance

Full suburb profile
Population
7,329
Median age
35
Household income
$1,895/wk
Median rent
$460/wk
Median mortgage
$1,820/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mermaid Beach price trend

Median sold · Unit 2 bed

Compound growth +9.5% / yr over 4 yrs

$1.05mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Mermaid Beach market

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Price history

Price history

Listing price changes & sale

1 price change recorded for this property

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