OFF MARKET

11/93 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 177m2
Land area: 588m2
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Property Details for 11/93 Albatross Ave, Mermaid Beach

11/93 Albatross Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 588m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1983
Floor Size
177m2
Land Size
588m2
Local Government
Gold Coast City
Lot/Plan
11/BUP5681

Last Listing description (March 2017)

This magnificent oceanfront 2 level penthouse is in the boutique building of Paloma which has only 12 apartments, a huge block of 2428sqm, and ocean frontage of 37 metres.
The apartment was renovated to create 3 bedrooms and 2.5 bathrooms but could easily be converted back to the original 4 bedrooms and 3 bathrooms.
The body corporate has recently completed a major renovation to both the building and grounds. The building facilities include a large swimming pool and a BBQ area.

The 3 massive balconies are an entertainer s delight and boast awesome views of the beach, ocean, and hinterland.
Other features include:
- Immaculate timber floor in living area
- Granite kitchen benchtops
- Air conditioned
- Secure storage area
- 237sqm
A superb location with the trendy restaurants and bars of Nobby's Beach nearby.

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Property History for 11/93 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,600,000
29 Jan 2017
  • 29 Jan 2017
    Sold for $1,600,000
  • 23 Dec 2016
    Listed for Sale Auction
  • 23 Dec 1996
    Sold for $335,000
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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 5,607 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 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Mermaid beach.

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