SOLD
Sold on 08 Sep 2024 for $3,750,000

2/109 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 105m2
Land area: 90m2
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Property Details for 2/109 Albatross Ave, Mermaid Beach

2/109 Albatross Ave, Mermaid Beach is a 3 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 90m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
105m2
Land Size
90m2
Local Government
Gold Coast City
Lot/Plan
2/BUP560

Last Listing description (December 2024)

This fantastic ground floor beachfront apartment is situated in a small block of 4 apartments called 'Wistari'.
The apartment comes unfurnished and has 3 bedrooms all with built-in wardrobes and plantation shutters, 1 bathroom with bath and shower and an open plan kitchen and living area. The glass sliding doors open straight out to a shared grassy backyard with direct beach access.
There is no designated car space so street parking only.

Available now so please register online for a time to inspect.

* Unfurnished ground floor apartment
* No designated car space- street parking available
* 3 good size bedrooms all with built-in wardrobes and plantation shutters
* Bathroom with a bath, shower and laundry facilities
* Separate toilet
* Modern open plan kitchen with electric cooking, dishwasher and pantry
* Spacious lounge and dining area
* Covered entertaining area straight onto the grassy backyard
* Shared grassy backyard with direct beach access
* Security screens & vinyl flooring throughout
* Walk to local shops, cafe's, restaurants and bike tracks

Property History for 2/109 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,750,000
08 Sep 2024
  • 08 Nov 2024
    Listed for Rent $1,300 / week
  • 08 Sep 2024
    Sold for $3,750,000
  • 19 Apr 2024
    Listed for Sale Offers Over $2,800,000
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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 5,639 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 73.00% increase in median value, while Units have seen a 104.88% increase. As at 31 December 2024:

  • The median value for Houses in Mermaid Beach is $2,471,640 while the median value for Units is $962,203.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 50 properties listed for sale, and 25 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Mermaid beach.

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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.