OFF MARKET

17/38 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 914m2
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Property Details for 17/38 Petrel Ave, Mermaid Beach

17/38 Petrel Ave, Mermaid Beach is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2001. The property has a land size of 914m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
House
Year Built
2001
Floor Size
50m2
Land Size
914m2
Local Government
Gold Coast City
Lot/Plan
17/SP136168

Last Listing description (July 2021)

Never miss a beat from this fabulous apartment with Nobby's patrolled beach, surf lifesaving club and cosmopolitan cuisine scene just footsteps from the front door. Boasting bright and spacious interiors, fully renovated finishes and and east facing front balcony , it offers an incredible opportunity to live a million dollar lifestyle for a fraction of the price.

- Unbeatable first home or prime investment opportunity
- Sought-after boutique building with a sparkling pool

- Generous living space with engineered timber flooring soaks in the views
- Open plan dining adjoins the new open plan designer kitchen with plenty of storage
- Extra-spacious bedroom with built-in wardrobes and ceiling fan.
- Fully renovated new bathroom styled in light coastal themes, internal laundry
- Prized ground floor setting, full brick, body corporate fee approx. $96 p.w
- Landscaped common gardens
- Metres to Nobby's Surf Club, minutes barefoot to beach
- Two minute stroll to Nobby's thriving restaurant and caf scene
- Secure car space in secure basement, covers 50 sqm on title
- Estimated rental return $480 per week
- Walking distance to planned light rail
- Resort style pool and BBQ area

Bargain buying in a top location - inspect now to avoid disappointment.

Property History for 17/38 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$199,000
19 Dec 2013
  • 25 Jun 2021
    Listed for Sale Auction
  • 19 Dec 2013
    Sold for $199,000
  • 11 Nov 2013
    Listed for Sale OFFERS OVER $199,000
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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 5,597 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, 270 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.