OFF MARKET

49 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 181m2
Land area: 235m2
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Last updated 11 Nov 2024
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Property Details for Lot 1/49 Petrel Ave, Mermaid Beach

Lot 1/49 Petrel Ave, Mermaid Beach is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2019. The property has a land size of 235m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
2019
Floor Size
181m2
Land Size
235m2
Local Government
Gold Coast City
Lot/Plan
1/SP307014

Property History for Lot 1/49 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,500,000
14 Jan 2023
  • 14 Jan 2023
    Sold for $2,500,000
  • 12 Dec 2021
    Sold for $1,990,000
  • 06 Apr 2019
    Listed for Sale Not Disclosed

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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 5,607 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 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 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.