SOLD
Sold on 24 Jan 2024 for $752,000

9/116 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 265m2
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Property Details for 9/116 Petrel Ave, Mermaid Beach

9/116 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 265m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
82m2
Land Size
265m2
Local Government
Gold Coast City
Lot/Plan
9/BUP2847

Last Listing description (March 2024)

This well presented bright and breezy apartment is positioned in the most sought-after location in a small boutique building of only 9 apartments on a double beachside block.

Presenting in immaculate condition and solid in construction, this spacious apartment captures an abundance of natural light and cool coastal breezes all year round.

Galley style kitchen with quality appliances and plenty of storage, open plan living and dining spaces that flow seamlessly to a private and peaceful balcony giving you the perfect space to relax or entertain.

Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, restaurants and bars, patrolled surfing beaches, Miami Marketta, Nobby's Precinct, public transport, local schools, retail shops, sporting facilities, Burleigh Golf Course.

Property Features:
- Unfurnished
- Boutique building of 9 units
- Top floor position on level 3, only a stone's throw from the beautiful Mermaid Beach
- Spacious open-plan dining and living area with air-conditioning
- Kitchen features electric cooking appliances
- Two well sized bedrooms with built in wardrobes
- Updated bathroom with bathtub / shower with separate toilet
- Intercom entry
- Secure car space in basement car park

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.

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Property History for 9/116 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$752,000
24 Jan 2024
Listed for Rent
$700/w
27 Mar 2024
  • 16 Feb 2024
    Listed for Rent $700 / week
  • 24 Jan 2024
    Sold for $752,000
  • 23 Jan 2024
    Listed for Sale Offers Over $750,000
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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.

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