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Sold on 13 Mar 2024 for $760,000

7/26 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 809m2
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Property Details for 7/26 Albatross Ave, Mermaid Beach

7/26 Albatross Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 809m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Floor Size
83m2
Land Size
809m2
Local Government
Gold Coast City
Lot/Plan
7/BUP4519

Last Listing description (March 2024)

Rare 83 Sqm on title with uninterrupted views, fabulous apartment with Nobby's patrolled beach, surf lifesaving club and cosmopolitan cuisine scene just footsteps from the front door. Boasting bright and spacious interiors, modern finishes and a wide balcony with wondrous ocean views, it offers an incredible opportunity to live a million dollar lifestyle for a fraction of the price.

• 809 sqm total land, covers 83sqm on title
• Unbeatable first home or prime investment opportunity

• Kick back or entertain to a mesmerising ocean-view backdrop
• Sought-after boutique building of nine with a sparkling pool
• Generous living space soaks in the views with Air conditioning
• Easy flow to a wide ocean-view balcony that captures sea breezes
• Separate dining adjoins the modernised open plan kitchen
• Extra-spacious bedroom with Aircon, built-in wardrobe and ceiling fan
• Modern bathroom styled in light coastal themes, internal laundry
• Prized top floor setting, full brick, body corporate fee $106 pw approx included 10% discount
• Landscaped common gardens filled with frangipani and hibiscus
• Metres to Nobby's Surf Club, one minute barefoot to beach
• Two minute stroll to Nobby's thriving restaurant and café scene
• Lock-up garage in secure basement
• Administrative Fund: $-3,422.31 as at 29.01.2024
• Sinking Fund: $65,124.23 as at 29.01.2024

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 7/26 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$760,000
13 Mar 2024
Listed for Rent
$375/w
17 Jul 2015
  • 13 Mar 2024
    Sold for $760,000
  • 06 Feb 2024
    Listed for Sale Offers Above $799,000
  • 24 Nov 2020
    Sold for $463,500
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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 5,595 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 38 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Andre Sharples
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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.