305/15 Peerless Avenue, Mermaid Beach QLD 4218

305/15 Peerless Avenue, Mermaid Beach QLD 4218
305/15 Peerless Avenue, Mermaid Beach | Ground-floor apartment in a luxury high-rise | Resort amenities and premium finishes | Strong comparable sale within the building | Elevated coastal lifestyle appeal This apartment is situated within a premium high-rise tower that stands out in Mermaid Beach for its scale and finish quality, offering floor-to-ceiling glazing, a gourmet kitchen with butlerโ€™s pantry, and resort-style amenities. The buildingโ€™s penthouse-level fitout and 30th-floor presence signal a high standard throughout, making this unit most suitable for owner-occupiers, downsizers, or investors seeking a coastal prestige property with strong lifestyle credentials. Its position in a newer or near-new tower adds to its competitive edge over older stock in the suburb. The value of this apartment may be influenced by its ground-floor aspect and floor level, which could limit views compared to higher units in the same building, and the lack of confirmed internal finishes for this specific unit means a buyer should verify the exact fitout and condition. The adjacent sale at 304/15 Peerless Avenue provides a recent price benchmark, but broader market conditions or strata levies might also affect the final price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 305/15 Peerless Avenue, Mermaid Beach QLD 4218
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Market Insight:

Mermaid Beach is a premium coastal suburb where strong investor demand, supported by resilient rental yields of 4.4% for units, meets constrained supply east of the highway. Recent annual growth of 6.0% for houses and 7.0% for units reflects this dynamic, with a balanced market evidenced by a modest vendor discount. The imminent completion of Light Rail Stage 3 in mid-2026 is a key future catalyst, though high median house prices above $3 million present an affordability constraint.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

528mยฒ

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