OFF MARKET

98-100 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 70m2
Land area: 565m2
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Property Details for Lot 3/98-100 Petrel Ave, Mermaid Beach

Lot 3/98-100 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 565m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1998
Floor Size
70m2
Land Size
565m2
Local Government
Gold Coast City
Lot/Plan
3/SP110859

Last Listing description (May 2008)

BEACHSIDE MERMAID Huge price reduction now only $435,000 - too good to be true....
Yes, this 2 bed, 2 bath, 2 secure car spaces, ground floor unit, gigantic wrap around balcony, only 15 units in block, with pool and only metres to the golden sands of Mermaid Beach, this one will be going, going, gone.
Vendors are determined to sell, miss this one and you won't ever forgive yourself.

Nobby's café precinct around the corner, Nobby's surf club, Pacific Fair & Casino just down the road. Whether to live in or as an investment property, Mermaid Beach equates to money in the bank. Call me for your own private inspection. If you are considering selling your property, please call me for an obligation free market appraisal.
. Stylish, contemporary ground floor unit
. 2 bed, 2 bath, 2 secure car spaces, renovated
. 200 m to the beach, close to all amenities
. Large L shaped courtyard, pool & bbq area
. Small block of 15
If you are considering selling your property, please call me for an obligation free appraisal.

Property History for Lot 3/98-100 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$820,000
15 Aug 2023
  • 15 Aug 2023
    Sold for $820,000
  • 06 Sep 2021
    Sold for $635,000
  • 25 Jun 2018
    Sold for $420,000
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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.