OFF MARKET

3/62 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 305m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 3/62 Petrel Ave, Mermaid Beach

3/62 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 305m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
1981
Floor Size
78m2
Land Size
305m2
Local Government
Gold Coast City
Lot/Plan
3/BUP4243

Last Listing description (June 2019)

Contract Just Crashed Won't Last Long Back On The Market!

Don't miss out on securing this exceptionally valued Mermaid Beach apartment.


Two minutes walk to the beach, situated on a large double block, 810m2 and sharing the land with only six other units this bright and breezy apartment which hosts benefits to both owner occupiers and savvy investors.

Let's start with the unit itself. With its position on the 1st level you are getting the best of both worlds as you don't have to contend with many stairs, and you are also perched high enough to allow for ample light and the fresh sea breeze to make its way through the apartment. The northeast facing balcony is well sized and provides a great setting for a morning coffee, or afternoon beverage with a book in hand. While the large lock up garage means that you will have plenty of space to store all your beachside living essentials.

Positioned towards the southern end of Petrel Avenue, a 3 minute walk will have you in the heart of the Nobby Beach dining and shopping precinct which hosts a number of diverse cafes, restaurants and bars, as well as one of the proposed stops for the Gold Coast light rail's next extension which will see the network connect from the existing Broadbeach South station to Burleigh Heads.

For more information "Reply Agent",or email Jan Emblem at jan@qldcoastrealty.com.au or call 0414598919, or email Dave Emblem at dave@qldcoastrealty.com.au, or call 0414643733.

Property History for 3/62 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$420,000
05 May 2019
Listed for Rent
$380/w
26 Sep 2017
  • 05 May 2019
    Sold for $420,000
  • 04 Feb 2019
    Listed for Sale Under Contract
  • 19 Sep 2017
    Listed for Rent $380 / week
Sign in to see more transactions

Commute Calculator

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 5,607 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 40 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.