OFF MARKET

3/93 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 404m2
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Property Details for 3/93 Petrel Ave, Mermaid Beach

3/93 Petrel Ave, Mermaid Beach is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 404m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1973
Floor Size
107m2
Land Size
404m2
Local Government
Gold Coast City
Lot/Plan
3/BUP895

Last Listing description (July 2020)

Crowning the entire top floor of a boutique building of three, this recently updated apartment features a covered terrace plus a magnificent rear entertainers' deck that captures northeast sunshine and cooling sea breezes. Delivering the perfect mix of luxury, space and lifestyle, it is one minute barefoot to the beach and only a few minutes stroll to Nobby's cosmopolitan entertainment precinct.

- Peaceful setting, bright open layout with private leafy outlooks
- Generous living space, large tiled dining room plus a sitting room

- Covered terrace and sunny deck offer versatile entertaining options
- Sleek open plan kitchen with s/steel Bosch appliances
- Spacious bedrooms with built-ins and ceiling fans, main has air con
- Recently refurbished bathroom with shower over bath, int laundry
- Timber flooring, storeroom adjoins deck, shade awning for terrace
- Set on 405sqm with level enclosed lawns and pets are welcome
- 45% unit entitlement, only one flight of access stairs
- Footsteps to Nobby Beach, Nobby Surf Lifesaving Club and transport
- Stroll down the road to vibrant cafes and acclaimed fine-dining
- Secure carport plus workshop/storeroom, low body corporate fees
- Body Corp $46 per week approx.
- Rates approximately: $3,155.00 / year.
- Water approximately: $1150.00 / year.

OPEN HOME INSPECTIONS
Maximum of 10 people in the property at any one time in accordance with QLD Health regulations. Please wait for the agent before entering the property. Social distancing must be adhered to at all times.

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Property History for 3/93 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$585,000
03 Jun 2020
  • 03 Jun 2020
    Sold for $585,000
  • 14 May 2020
    Listed for Sale Remote Auction
  • 07 Aug 2006
    Sold for $427,000
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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 5,607 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 87.83% increase in median value, while Units have seen a 102.01% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Beach is $2,236,702 while the median value for Units is $973,473.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 39 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Mermaid beach.

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