Gold Coast villa knocks neighbour off top spot to claim suburb’s priciest property title

The sale of 36a Avanti St, Mermaid Waters, has set a residential price record for the suburb.

A CONTEMPORARY villa has set a residential price record for Mermaid Waters.

The brand-new home at 36A Avanti St claimed the title from its twin at No. 36 after selling in a $1.875 million deal.

The previous benchmark sat at $1.845 million when its neighbour sold in an off-market deal in May.

The luxury villa sold for $1.875 million.

The sale trumped the previous record of $1.845 million, which was held by the villa’s twin.

The luxurious five-bedroom record holder fetched just under its $1.895 million listing price and was purchased by locals.

JW Prestige Agents’ Jordan Williams and Kurt Gomez inked the deal last week.

“They were local buyers looking to move from the west side of the highway and get a bit of a sea-change,” Mr Williams said.

“They have a young family and really liked that they could have their boat and jetski out the back on the water but also still only be a six minute walk to the beach.

“They also loved the rooftop terrace and quality of the build.”

Mermaid Waters has been picked as the next hot spot for the Gold Coast.

Mr Williams said there was hot competition for the home with multiple offers made and five buyers vying for the keys. He said Mermaid Waters was “clearly the next hot spot” for the Gold Coast.

“Mermaid Waters is going really well, it’s Broadbeach Waters’ little sister,” he said.

“It’s becoming more and more evident that Broadbeach Waters holds its value and people can see they can potentially get wider water and bigger blocks in Mermaid Waters.”

Mr Williams said buyers were out in force after months of holding back.

They have realised the market won’t crash so were trying to get back in before prices jumped again.

Mermaid Waters’ median house price has increased 10 per cent in the past 12 months and a whopping 43.3 per cent in five years, according to the latest CoreLogic figures. It currently sits at $935,000.

A word from our clients


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" We had the pleasure of Jordan helping us find our dream home. We had been looking for sometime to find the right purchase and had met a few agents along the way that were less than helpful and just wanting a quick sell – not listening to our actual needs and wants and then we met Jordan!! "

Vanessa Anderson address: 40 Albatross Avenue, Mermaid Beach price: $2,880,000 agent: Jordan Williams

" I can recommend Jordan most highly. "

Patricia Robinson address: 49 Monaco Street, Broadbeach Waters price: $3,500,000 agent: Jordan Williams

" "Jordan was the best real estate agent we have dealt with over the past 30 years. His local market intelligence, knowledge and advice was exceptional and his enthusiasm to execute our business resulted in us reaching an extremely satisfied conclusion". "

Maddocks Family agent: Jordan Williams

" I recently sold my family home at 50 Amalfi Drive, through Jordan Williams of JW. Prestige Agents. I found Jordan to be very approachable and easy to deal with and the confidence that was required to achieve a premium sale price. Unlike other agents, driven by his desire and commitment to provide the next level of service, Jordan continued to actively market and seek buyers for our property, with limited, yet effective communication at my request whilst my family and I were travelling. He was very respectful of my circumstances and my time and as promised only called when he had an attractive contract. We were very happy with the result and offer no hesitation to recommend Jordan Williams and his professional, energetic team. "

Max Johnson address: 50 Amalfi Drive, Isle of Capri price: $2,300,000 agent: Jordan Williams

" After achieving a great sale outcome with our most recent property, we would highly recommend JW. Prestige Agents Team "

Dina Kenins address: Villa One, 5022 Emerald Island Drive, Carrara agent: Kurt Gomez

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