OFF MARKET

1/16 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 118m2
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Property Details for 1/16 Albatross Ave, Mermaid Beach

1/16 Albatross Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1973. The property has a land size of 118m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last transferred in December 1998.

Building Type
Unit
Year Built
1973
Floor Size
94m2
Land Size
118m2
Local Government
Gold Coast City
Lot/Plan
1/BUP4986

Last Listing description (March 2023)

This ground floor Mermaid Beach Shack address unlocks a carefree lifestyle where sun, surf, and sand beckon the Gold Coast living! | PHOTOS TO COME !

1/16 Albatross Avenue features:

- Fully painted throughout internally - February 2023
- 2 bedrooms; main bathroom with new vanity
- Open plan kitchen
- Sunroom, study; or extended living as you open your front door
- Ground floor unit with only 1 other neighbour upstairs
- 2 car parking - 1 open car space directly in front of your very on Single Lock up Garage with internal access
- Rear backyard is shared
- Lawn care and water usage included in rental amount
- Storage throughout the unit
- Shared trough style laundry with upstairs accessible internally leading out to the rear yard

Albatross Avenue in Mermaid Beach is among some of the most sought-after beachside real estate on the Gold Coast. The suburb is recognised for its pristine patrolled surfing beaches, proximity to surf clubs and popular cafes such as Rafiki, Bam Bam Bakehouse and BSKT. The Gold Coast Light Rail, Pacific Fair Shopping Centre and The Star Casino are within a 10-minute drive. The central location also offers access to a choice of leading schools.

Property History for 1/16 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Transferred
30 Dec 1998
Listed for Rent
$625/w
09 Mar 2023
  • 28 Feb 2023
    Listed for Rent $625 / week
  • 25 Aug 2011
    Listed for Rent - Price not available
  • 30 Dec 1998
    Transferred
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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 40 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 262 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.