OFF MARKET

1/107-109 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 135m2
Land area: 424m2
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Property Details for 1/107-109 Petrel Ave, Mermaid Beach

1/107-109 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 424m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
1995
Floor Size
135m2
Land Size
424m2
Local Government
Gold Coast City
Lot/Plan
1/BUP103351

Last Listing description (December 2016)

--------LEASED------

Mermaid Beach Beauty

$540 per week - 6 month lease
Ground floor garden view apartment at one of the best beachside locations on the Gold Coast and only a few minutes walk to all the trendy restaurants/cafes of Miami and Nobby Beach Village.
Key Features
Open plan living area opening out to patio overlooking pool
Main bedroom with walk-in rode
Second bedroom with built in wardrobes
Modern renovated kitchen
Updated ensuite and main bathroom
Rare extra large private patio approx 40m2 north facing
Residents Pool
Single security parking / 3 visitor parks adjacent unit with direct access via patio
Separate laundry with space for a dryer
Quiet boutique building
Additional features
Separate lockable storage shed on ground level
Carpeted bedrooms
Plenty of storage
Neighborhood
Coles, Banks, Australia Post, Chemist at Miami One Shopping Centre - 5 minutes
Broadbeach restaurants and shopping precinct - 9 minutes
Nobby Beach Village - 2 minutes
Pacific Fair - 7 minutes
Coolangatta Airport - 21 minutes
Beach - 150 steps

Property History for 1/107-109 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$475,000
17 Sep 2016
Listed for Rent
$540/w
05 Dec 2016
  • 16 Nov 2016
    Listed for Rent - Price not available
  • 17 Sep 2016
    Sold for $475,000
  • 09 Feb 2005
    Sold for $370,000
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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 5,723 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 79.42% increase in median value, while Units have seen a 105.25% increase. As at 28 February 2025:

  • The median value for Houses in Mermaid Beach is $2,602,622 while the median value for Units is $996,470.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 54 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 269 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 liability for any loss or damage arising in connection with the data and information contained in this publication.