SOLD
Sold on 23 Jul 2024 for $2,000,000

5/119 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 105m2
Land area: 318m2
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Property Details for 5/119 Albatross Ave, Mermaid Beach

5/119 Albatross Ave, Mermaid Beach is a 3 bedroom, 1 bathroom Unit and was built in 1971. The property has a land size of 318m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
105m2
Land Size
318m2
Local Government
Gold Coast City
Lot/Plan
5/BUP685

Last Listing description (November 2024)

Situated in an irreplaceable position this immaculate three bedroom apartment is located within a small well maintained block of six apartments and only steps to the surf and sand!

Property Features include:

- Absolute beachfront location - metres to the sand of Nobby's beach!

- Bright and spacious living space
- Timber flooring throughout bedrooms
- Entertaining deck with ocean views and direct walking access to
the beach
- Entertainers kitchen with dishwasher, appliances and ample storage
- Three spacious bedrooms , air conditioning
- Two generously queen sized bedrooms, built -in-robes
- Ceiling fans throughout
- Modern bathroom and separate internal laundry
- Fantastic quiet location - just metres to The Oxley, Bkst Cafe, Nobby's
restaurants and cafes

Property History for 5/119 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,000,000
23 Jul 2024
  • 08 Oct 2024
    Listed for Rent $1,100 / week
  • 23 Jul 2024
    Sold for $2,000,000
  • 22 Dec 1999
    Transferred for $210,000
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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 5,606 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 41 properties listed for sale, and 28 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

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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.