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5/62 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1m2
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Property Details for 5/62 Petrel Ave, Mermaid Beach

5/62 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 1m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Land Size
1m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4243

Last Listing description (February 2024)

Soothing, warm and cosy, this is very cool beach unit, which is sandwiched between the beautiful and vast Mermaid beach and the now very hip Nobby Beach. With 2 beds, 1 bath and a single lock up garage, the unit has been thoughtfully renovated.

With only a 350 metres or a 3 minute walk to the beach, a 2-minute walk to shops, cafes, bars, restaurants and transport, there is really no better position in the whole of the city. Morning walks by the beach, followed by an Acai at BSKT or eggs benny at the Oxley, dinner down at Ally Chow/Gemillini, followed by a short Uber ride to the Casino and finally a last drink back Nobby's at Cambus Wallace.

The position is so good because it really appeals to anyone in all walks of life. Close to nature for the lovers of the outdoors and also close to the action for those more nocturnal.

HIGHLIGHTS:

• Private, light-filled, beachside unit
• 2 Bedrooms/1 Bathrooms/single lock up car park
• Air conditioning
• Open kitchen
• Renovated
• A very short walk to Nobby Beach, Shops, Cafes, Bars and Restaurants
• Still one of the fastest growing and more attractive areas on the Gold Coast
• Local grocery store and delicatessen close by

SCHOOL CATCHMENT ZONE:

Miami State School
Miami High School
Somerset College
Kings Christian College
Hillcrest Christian College
Bond University

DISTANCES:

Bus Stop - 350 m
Major Shopping Centre - 5.8 km

Primary School - 2.4 km
High School - 850 km
Parkland - 550m

Highway - 11.1 km
Train Station - 7.4km
Beach - 350m

Property History for 5/62 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
29 Feb 2024
Listed for Rent
02 Apr 2024
  • 22 Mar 2024
    Listed for Rent $850 / week
  • 15 Feb 2024
    Sold for $830,000
  • 05 Feb 2024
    Listed for Sale CONTACT AGENT
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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Contact agent
Jade Spencer
Ray White TMG
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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.