SOLD
Sold on 30 Jan 2024 for $2,000,000

2/118 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 147m2
Sold By
Josh Dawson
London Estate Agents
Save

Property Details for 2/118 Petrel Ave, Mermaid Beach

2/118 Petrel Ave, Mermaid Beach is a 4 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1977. The property has a floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom Townhouse sold in Mermaid Beach in the last 12 months.

Building Type
Townhouse
Year Built
1977
Floor Size
147m2
Local Government
Gold Coast City
Lot/Plan
2/GTP206

Last Listing description (June 2024)

Indulge in the pinnacle of beachfront living with this stunning 4-bedroom, 2-bathroom villa, nestled just moments away from the pristine shores of Mermaid Beach.

Recently renovated to perfection, this villa boasts a fresh, contemporary design that harmonizes seamlessly with its coastal surroundings. Offering an array of modern conveniences, it provides the ideal haven for seaside living.

Property Features:

Unfurnished
Spacious layout spanning 248m2 across two floors.
Fourth bedroom doubles as a versatile study space, complete with a private balcony for basking in the morning sun.
Secure parking options including a carport for 1 car and space for up to 4 cars on the driveway.
Retreat to your own private oasis on the expansive covered outdoor entertaining area, complete with an outdoor heater-an ideal setting for hosting gatherings or enjoying quiet moments in your coastal sanctuary.
A gourmet chef's kitchen awaits, featuring sleek stone benchtops, gas cooking, and stainless steel appliances, ensuring culinary excellence.
Stylish interiors exude both comfort and sophistication, creating an inviting ambiance throughout.
Situated mere meters from the beach, this property offers unparalleled coastal living, with the soothing sounds of the waves as your soundtrack.
Conveniently located just a short stroll from shops, cafes, restaurants, and public transport.

Don't miss out on the opportunity to call this meticulously renovated beachside villa your own. With its spacious layout, modern amenities, and prime location, it epitomizes the epitome of Gold Coast living.

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Property History for 2/118 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,000,000
30 Jan 2024
Listed for Rent
$1.40k/w
06 Jun 2024
  • 28 Mar 2024
    Listed for Rent $1,500 / week
  • 30 Jan 2024
    Sold for $2,000,000
  • 03 Nov 2023
    Listed for Sale Not Disclosed
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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 5,623 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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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.