SOLD
Sold on 06 Jun 2024 for $3,375,000

2/5 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 238m2
Land area: 305m2
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Property Details for 2/5 Petrel Ave, Mermaid Beach

2/5 Petrel Ave, Mermaid Beach is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2023. The property has a land size of 305m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2023
Floor Size
238m2
Land Size
305m2
Local Government
Gold Coast City
Lot/Plan
2/SP338321

Last Listing description (August 2023)

Lila presents a luxury four bedroom villa that absorbs the organic power of the sand and ocean in all aspects of design. Effortlessly, the lavish, generously-sized home intertwines with the aura of Mermaid Beach to elucidate a family lifestyle unparalleled.

Waves crash just steps from the front door, a sea breeze invigorates everyday - Lila composes a canvas that is connected to place and uplifted by architectural style. This is your coastal sanctuary for everyday clarity, invigoration and contentment.

At ground floor, full-height sliding doors blend the boundaries between the indoors, nature and each indulgent space to maximise liveability.

Walk out onto a sun-soaked outdoor terrace or take a dip in the incredible pool.

After a seamless lift journey to the second floor, step into an expansive and well-appointed living space elevated by organic finishes of timber and marble. Here, premium V-Zug appliances enliven an intuitive chef-style kitchen complete with an expansive butler's kitchen and striking natural stone benches and integrated wine fridge/bar.

A commitment to experiential design is unwavering, guiding residents and guests alike into homely contentment.

The third floor comprises bedrooms designed with everyday comfort, privacy and invigoration firmly in mind. The master suite opens into a designer walk-in-robe and an adjoining resort-like ensuite.

Every bathroom in the home showcases floor to ceiling tiles, stone vanities and rain-head showers.

This is Mermaid Beach unlike you've ever experienced. Exclusive, modern, intuitive, stunning - thrive within a space that grows with you at Lila. Situated in a premium location close to the dynamic shopping village of Nobbys and metres to patrolled beaches and family friendly parkland.

Property History for 2/5 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,375,000
06 Jun 2024
  • 06 Jun 2024
    Sold for $3,375,000
  • 08 Mar 2023
    Listed for Sale CONTACT AGENT

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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 5,624 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.