OFF MARKET

2/80 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 301m2
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Last updated 4 Nov 2024
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Property Details for 2/80 Petrel Ave, Mermaid Beach

2/80 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 301m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Year Built
1983
Floor Size
87m2
Land Size
301m2
Local Government
Gold Coast City
Lot/Plan
2/BUP5917

Last Listing description (September 2024)

Life is easy in this beautifully furnished unit located just a short stroll to the beach and into the Nobby Beach precedent. Within 5 minutes walk, you have the bustling trending locality of Nobby Beach. With your choice of multiple cafes, award-winning restaurants and bars including BSKT, Rubi Red, and Bine.

Features Include:
- Good size kitchen with spacious island bench and plenty of storage

- Main bedroom with walk through robe and modern ensuite
- Second bedroom with built-in robe
- Second bathroom and good size laundry
- Air conditioning to living area and both bedrooms
- Single lock up garage
- Partly Furnished
- Situated in a small block of only 9 units
- Private outdoor patio area

Some Extra Information:
- Water: Included
- Electricity: Tenant to pay
- Lease Term: 6 or 12 Months
- Pets: No sorry

*** Rent will increase from $680 to $720 on the 26/05/25 ***

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Property History for 2/80 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$430,000
12 May 2016
Listed for Rent
$680/w
16 Sep 2024
  • 16 Sep 2024
    Listed for Rent $680 / week
  • 26 Apr 2022
    Listed for Rent $600 / week
  • 12 Mar 2020
    Listed for Rent - Price not available
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016.

Mermaid Beach has 5,607 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 39 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.