SOLD
Sold on 11 Nov 2023 for $2,561,000

3/113 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 282m2
Sold By
Ron London
LONDON ESTATE AGENTS
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Property Details for 3/113 Petrel Ave, Mermaid Beach

3/113 Petrel Ave, Mermaid Beach is a 3 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 282m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Land Size
282m2
Local Government
Gold Coast City
Lot/Plan
3/SP312575

Last Listing description (July 2024)

Discover the epitome of coastal living at 3/113 Petrel Avenue, Mermaid Beach. This immaculate one per floor apartment offers a harmonious blend of modern design and beach side tranquility.

With a private exclusive rooftop retreat, be captivated by the 360-degree panoramic views that stretch from the glistening ocean waves to the glittering city lights. A haven for relaxation, entertaining, and embracing the beauty of Mermaid Beach.

- Contemporary aesthetic with wood panel walls and concrete ceilings that exude sophistication

- Living opens to north east outdoor entertaining terrace
- Designer kitchen with functional stone island and 90cm appliances
- Ducted airconditioning
- The security of the property ensures peace of mind in this beachside haven
- Three generously-sized bedrooms, providing plenty of space for family and guests
- The open living areas are perfect for relaxation and gatherings
- Lift access, pet friendly with minimal body corporate
- Two car basement parking
- Newly completed Masters Builder's association award winning boutique development
- Nestled in an exclusive beachside area, you'll have the golden sands of Mermaid Beach just steps away
- Rooftop deck features second living space plus a bathroom
- Short stroll to Mermaid beach, Nobby's Beach Surf Club & Nobbys Prescient eateries

Property History for 3/113 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,561,000
11 Nov 2023
Listed for Rent
$1.30k/w
05 Dec 2019
  • 11 Nov 2023
    Sold for $2,561,000
  • 17 Oct 2023
    Listed for Sale Not Disclosed
  • 06 Nov 2019
    Listed for Rent $1,100 / 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 5,624 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.