SOLD
Sold on 10 Feb 2024 for $790,000

1/53 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 67m2
Land area: 543m2
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Property Details for 1/53 Petrel Ave, Mermaid Beach

1/53 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 543m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
67m2
Land Size
543m2
Local Government
Gold Coast City
Lot/Plan
1/SP152893

Last Listing description (April 2024)

This two-bedroom, two-bathroom ground floor beachside apartment in the coveted Mermaid Beach and Nobbys Beach precinct offers the perfect blend of lifestyle and location. Just a mere 250 meters from the sand, you will be indulging in seaside serenity on the famous Gold Coast beaches. Just a short stroll and you are right in amongst some of the best cafes and restaurants the coast has to offer. Also, just a hop to public transport for ease and convenience.

This residence boasts a light filled private and secure courtyard, ensuring a tranquil and sun-soaked retreat.

With two dedicated car parks in your own private garage with internal entrance, convenience meets comfort.

Experience the allure of coastal living or secure yourself a great little investment.

Currently tenanted until 29th February 2024

Offer invited prior to Auction - be quick this won't last long.

- Boutique block of 8 apartments
- Ground Floor position
- Open plan kitchen and living
- Internal access to two car tandem lockup garage
- Private over-sized courtyard
- Split system air-conditioning
- Tiled throughout
- Approximately 250metres to the beach
- Conveniently located walking distance to Nobbys Beach dining precinct, Surf Clubs and public transport

Mermaid Beach is ideally located just 3 kilometres south of Broadbeach and is also central to Burleigh Heads.

Mermaid Beach is famous for its 'millionaire's row' of beachfront homes. It is known for its prestige residences and apartments and is an area of the Gold Coast that has high rise height restrictions. Mermaid Beach has a wide variety of restaurants, take aways and bistros and a cinema complex. It is very close to Pacific Fair, one of Australia's largest shopping complexes, the casino and the fine dining opportunities of Broadbeach.

Mermaid Beach lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes.

Property History for 1/53 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$790,000
10 Feb 2024
Listed for Rent
$660/w
28 Feb 2023
  • 10 Feb 2024
    Sold for $790,000
  • 17 Jan 2024
    Listed for Sale AUCTION
  • 24 Jan 2023
    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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Cushla Quested
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Harcourts Broadbeach Mermaid Waters
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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.