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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
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 32% below the $1.32m median of 68 comparable apartmentswithin 5 km.

What's nearby

  • Broadbeach South (tram)169 m away
  • Unnamed1.4 km away
  • Unnamed873 m away
  • St Johns Park1.1 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.

Due diligence

Property Report

Future Development

Complete

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.

Nearby projects

5

Closest

0.2 km

Mermaid Beach beachfront apartment precinct

500m1km1.5km2kmMermaid Beach beachfront apartment precinct — 0.2 kmPacific Avenue streetscape and park renewal — 0.5 kmRecent dual-occupancy and townhouse DA approvals — 0.8 kmBroadbeach-Mermaid Beach transport corridor improvement — 1.5 kmTallebudgera Valley residential infill DA — 2.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Mermaid Beach beachfront apartment precinct

0.2 km
Mixed-use residentialApproved

Multi-storey apartment development with ground-floor retail and dining, capitalising on proximity to patrolled beach and town centre.

200 m

Pacific Avenue streetscape and park renewal

0.5 km
InfrastructureUnder construction

Council-led public realm upgrade including improved pedestrian access, landscaping, and community facilities along main commercial strip.

500 m

Recent dual-occupancy and townhouse DA approvals

0.8 km
Residential subdivisionApproved

Series of smaller-scale infill DAs for dual-occupancy and townhouse conversions on underutilised residential lots.

800 m

Broadbeach-Mermaid Beach transport corridor improvement

1.5 km
InfrastructureProposed

Regional transport and cycling network upgrade linking Broadbeach commercial precinct to Mermaid Beach, supporting connectivity.

1.5 km

Tallebudgera Valley residential infill DA

2 km
Residential subdivisionApproved

Low-density residential lot subdivision in hinterland pocket, supporting incremental housing supply in leafy precinct.

2.0 km
Source: StMate AI — QLD development trends06/05/2026
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.

Suburb market

Suburb price trend

Mermaid Beach price trend

Median sold · Unit 2 bed

Compound growth +10.5% / yr over 4 yrs

$1.06mcurrent median

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

Full Mermaid Beach market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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