OFF MARKET

8/100 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 2 Sep 2024
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Property Details for 8/100 Petrel Ave, Mermaid Beach

8/100 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (April 2023)

This spacious north facing apartment centrally located in the highly sought-after beachside suburb of Mermaid Beach only footsteps from the sand and surf.

Located inside a well maintained building with only 15 apartments.

Property Features:

2 large bedrooms with built in robes - master with ensuite
2 bathrooms (including ensuite)
Large galley kitchen
Opening plan living & dining
North facing sun drench balcony
Separate internal laundry
1 secure car space with storage
Shared In-ground pool, spa and BBQ entertaining area

Property History for 8/100 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Listed for Rent
$665/w
12 Apr 2023
  • 03 Mar 2023
    Listed for Rent $665 / week
  • 04 Jul 2022
    Listed for Sale Offers Over $660,000

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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 5,624 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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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.