OFF MARKET

5/100 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 405m2
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Last updated 16 Sep 2024
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Property Details for 5/100 Petrel Ave, Mermaid Beach

5/100 Petrel Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 405m2.

Building Type
Unit
Year Built
2001
Land Size
405m2
Local Government
Gold Coast City

Last Listing description (March 2024)

This ground floor beachside apartment is within walking distance to the golden sands of Mermaid beach. Whether you're an early riser or like to socialise when the sun goes down, you'll be spoilt for choice as Nobby's precinct can offer you a morning coffee or a late night cocktail. The ground floor apartment is ideal for anyone looking to live beachside and close to everything.

- One bedroom, one bathroom, one car space
- North facing apartment captures an abundance of natural light

- Covered outdoor area perfect for catching the sun or reading a book
- Cosy apartment with floating timber floors throughout
- Recently updated ceiling fans and down-lights
- On site pool area ? secure underground parking

Property History for 5/100 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$550/w
10 Jul 2023
  • 08 Mar 2024
    Listed for Rent $600 / week
  • 22 Jun 2023
    Listed for Rent $550 / week
  • 06 Jun 2023
    Listed for Sale $450,000
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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 5,622 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 89.00% increase in median value, while Units have seen a 102.72% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Beach is $2,497,613 while the median value for Units is $961,144.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 41 properties listed for sale, and 35 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 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.