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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" "Jordan Williams did a remarkable job with the sale of my property at Broadbeach Waters. In my discussions on initial listing price he suggested that we list the property higher than what I was anticipating because he was that confident that the higher price could be achieved. After being on the market for only 4 days, he managed to secure a buyer that paid a premium price for our property! Jordan has always been my ‘go to’ agent when it comes to selling properties and this most recent transaction has solidified his position in this regard for all future properties that we will sell." "

Erik R address: Broadbeach Waters agent: Jordan Williams

" I can recommend Jordan most highly. "

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

" Recently I put my home up for sale with Jordan Williams. Both the co-owner and myself were very impressed with Mr. Williams professionalism. He returned our calls promptly, guided us through the selling process., put us in touch with an excellent firm of solicitors who were also as available as himself....and found a buyer for our home in a matter of days. At all times he explained the necessary procedures he would put in place so we would have a clear understanding of every aspect of the process. He is succinct, courteous, knowledgeable, takes pains to understand what it is you are wanting, and delivered on everything he said he would. I have no hesitation in recommending Jordan Williams if you are considering selling your home. "

F. Frank agent: Jordan Williams

" Jordan's professionalism, creativity and work ethic were excellent. "

Andrew Firgaira address: 3 Rio Vista Boulevard Broadbeach Waters price: $1,265,000 agent: Jordan Williams

" What a great experience dealing with the team at JW. Prestige Agents. "

Haley Hughes address: 31 Pilot Court, Mermaid Waters price: $1,630,000 agent: Jordan Williams

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