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5/36 Alexandra Ave, Mermaid Beach$895,000

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5/36 Alexandra Ave

Mermaid Beach, QLD 4218, Australia

$895,000

2 bed 2 bath 1 car

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Listing description

About this property

Positioned in one of Mermaid Beach's most convenient and sought-after locations, this well-presented second-level apartment offers an outstanding combination of lifestyle, comfort and investment appeal. Set within the Pacific Jem complex, the apartment enjoys the added security and privacy of a second-level position, along with access to a swimming pool within the complex. The location is a major highlight. You are just moments from Pacific Fair Shopping Centre, one of the Gold Coast's premier retail, dining and entertainment destinations, while also being close to public transport, the upcoming light rail extension, and only a few hundred metres from the beach. Inside, the apartment offers a practical and appealing layout with 2 bedrooms, 2 bathrooms and 1 secure car space. The ensuite includes a shower, while the main bathroom features a shower over bath, making the property practical for both owner occupiers and tenants. The apartment also includes split system air conditioning for year-round comfort, plus a large balcony providing excellent outdoor living space for relaxing or entertaining.. Property features: - Second-level position offering added privacy and security - 2 bedrooms - 2 bathrooms, including ensuite - Main bathroom with shower over bath - 1 secure car space - Split system air conditioning - Large balcony with excellent outdoor living - Complex with swimming pool - Currently tenanted at $760 per week - Prime location near Pacific Fair Shopping Centre - Close to tram/light rail and public transport options - Only a short walk to the beach Whether you are looking for a quality investment, a future home, or a well-located Mermaid Beach apartment close to the beach, shops and transport, this property is well worth your inspection.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 2
Bathrooms: 2
Parking: 1
Listed: 2 months ago

Repayment calculator

$4,339/month

$2,169 /fortnight

Loan $716,000 at 6.10% over 30 years

Upfront costs

Deposit$179,000

Stamp duty$33,300

Conveyancing (est.)$2,000

Total upfront$214,300

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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 32% below the $1.32m median of 67 comparable apartmentswithin 5 km.

What's nearby

Broadbeach South (tram) — 169 m away
Unnamed — 1.4 km away
Unnamed — 873 m away
St Johns Park — 1.1 km away
Unnamed — 1.2 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.

Due diligence

Property Report

Lifestyle & access

Schools

8 nearby schools

Catchment: Mermaid Beach State School

Public transport

10 stops within 1.5km

Nearest: Broadbeach South (0.2km)

Traffic

Low congestion

Minimal peak-hour impact on Alexandra Ave itself. Light seasonal increases during summer holidays and weekends when beach visitors access nearby Marine Parade and coastal attractions. Peak traffic typically concentrated on arterial routes (Tallebudgera Valley Road) rather than local residential streets.

Noise

High noise

Nearest: road (0.0km)

Risk & safety

Flood risk

Medium

Mermaid Beach is a beachside suburb in the Gold Coast region susceptible to local catchment flooding and potential tidal/storm surge inundation due to its proximity to the coast and low-lying topography. Gold Coast City Council maintains detailed flood overlays covering local stormwater catchments and tidal influences. Properties in identified flood zones are subject to mandatory floor-level controls and flood-resilient construction standards under the planning scheme.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

below average

Trend: stable

Planning & context

Zoning

LDR — Low Density Residential

Gold Coast City Plan 2016

Nearby development

5 projects nearby

Mermaid Beach remains a sought-after beachside suburb with moderate development activity focused on mixed-use apartment precincts near the beach and village centre, incremental infill housing in surrounding residential areas, and council-led public realm improvements. Development pressure is constrained by established beachside character expectations and limited land supply, with activity concentrated on higher-density apartment buildings and townhouse infill rather than large-scale master-planned precincts.

Heritage

Not heritage listed

Mermaid Beach is a modern coastal residential suburb on the Gold Coast with limited heritage listings. The area is primarily characterized by mid-to-late 20th century residential development and contemporary beachfront infrastructure rather than significant heritage conservation areas. Local interest focuses on the established surfing culture and recreational character rather than heritage protection overlays.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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