OFF MARKET

5/116 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 265m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low
High
Share
Save

Property Details for 5/116 Petrel Ave, Mermaid Beach

5/116 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 265m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1978
Floor Size
80m2
Land Size
265m2
Local Government
Gold Coast City
Lot/Plan
5/BUP2847

Last Listing description (July 2024)

Embrace summer vibes in this updated, second-floor, 2-bedroom apartment within a small block of nine.

The living and kitchen areas flow seamlessly, boasting a breakfast bar, ample bench space, and generous cupboard storage
Step out from the living room onto a charming balcony, framed by white shutters, perfect for unwinding or stargazing.

Property Features:
- Unfurnished
- 2 bedrooms, with ceiling fans and build in robes
- 1 bathroom
- Floorboards throughout (no carpet)
- 1 carspace
- Block of nine

Treat yourself to a lifestyle filled with choices and the laid-back charm of coastal living with a breezy 5-minute stroll, roughly 250m, to the sandy shores and a short distance to the vibrant Nobby's Beach, with its bustling restaurants, cafes, and shops.

Local Amenities:

Miami One Shopping - 3km
Pacific Fair - 2.5km
Star Casino - 3km
Burleigh Bears RL Club - 4.3km
Pizzy Park Sports Complex - 2.7km
Burleigh Golf Club - 2.2km
Brisbane airport is approximately a 1-hour drive
Coolangatta Airport is just a 20-minute drive away.

*** IMPORTANT! REGISTER TO INSPECT PROPERTIES ***

By registering your details you will be INSTANTLY informed of any updates, changes or cancellations for your property appointment.

If no one registers for an inspection time then that inspection may not proceed.

DON'T MISS OUT,
Book for an inspection time today by clicking the blue 'Book an Inspection time' button on the right.

*Important* Whilst every care is taken in the preparation of the information contained in this marketing, Coastal will not be held liable for any errors in typing of information. All information is considered correct at the time of advertising.

Show More

Property History for 5/116 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$600,000
30 Oct 2021
Listed for Rent
$750/w
20 May 2024
  • 17 Apr 2024
    Listed for Rent $750 / week
  • 30 Oct 2021
    Sold for $600,000
  • 22 Oct 2021
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 5,610 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 41 properties listed for sale, and 29 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Mermaid beach.

Mermaid Beach Profile Page

Suburb Insights for Mermaid Beach 4218

Visit Mermaid Beach profile page
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
Visit Mermaid Beach profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED