OFF MARKET

7/80 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 301m2
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Property Details for 7/80 Petrel Ave, Mermaid Beach

7/80 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 301m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
1985
Floor Size
77m2
Land Size
301m2
Local Government
Gold Coast City
Lot/Plan
7/BUP5917

Last Listing description (July 2017)

Live and breath the Gold Coast lifestyle, surfing, coffee, dining, shopping or romp in the blue ocean waves, all only a short walk from this top floor apartment. Owners are moving on due to their expanding family and are reluctantly selling their much loved abode. As the new owners of this beachside apartment you will enjoy the local lifestyle and entertaining family and friends on the large North facing balcony with unrestricted views of the city, perfect on those Gold Coast balmy nights. Feel secure knowing your car is in your own lockup garage.
Not a cent to spend, this apartment has been a well loved and happy home for the vendors. This convenient beachside location is in the tightly held precinct of Nobbys Beach. The local Nobbys surf club and the popular BSKT Cafe are only a short stroll away. If you're searching for a prime positioned beachside property with the preferred unrestricted Northern aspect, then this apartment is for you. Perfect for a savvy local or an investor looking for excellent value with excellent returns.

Property History for 7/80 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$455,000
16 Jun 2017
Listed for Rent
$360/w
05 Nov 2015
  • 16 Jun 2017
    Sold for $455,000
  • 01 Jun 2017
    Listed for Sale UNDER CONTRACT
  • 26 Oct 2015
    Listed for Rent $320 / week
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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 5,594 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 39 properties listed for sale, and 33 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.