OFF MARKET

2/115 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 405m2
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Last updated 18 Nov 2024
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Property Details for 2/115 Petrel Ave, Mermaid Beach

2/115 Petrel Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit. The property has a land size of 405m2.

Building Type
Unit
Land Size
405m2
Local Government
Gold Coast City

Last Listing description (September 2022)

This substantial home has 3 separate apartment units and 1 has become available to rent in this beach side position in Mermaid beach.

- Separate entrance located upstairs to the rear.
- 1 bedroom, 1 bathroom with laundry space.

- Air conditioning and fans throughout.
- A short 5 minute bike ride to the popular Nobby's beach caf's and restaurants.
- 5 minutes by car to the Casino and pacific fair shopping centre.

This wont last long!

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

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Property History for 2/115 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$450/w
23 Sep 2022
  • 05 Feb 2021
    Listed for Rent $400 / week
  • 14 May 2018
    Listed for Rent $370 / week

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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 5,594 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 39 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Mermaid beach.

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