1/107-109 Petrel Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

1/107-109 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 135m2
Land area: 424m2
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Property Details for 1/107-109 Petrel Ave, Mermaid Beach

1/107-109 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 424m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
1995
Floor Size
135m2
Land Size
424m2
Local Government
Gold Coast City
Lot/Plan
1/BUP103351

Last Listing description (December 2016)

--------LEASED------

Mermaid Beach Beauty

$540 per week - 6 month lease
Ground floor garden view apartment at one of the best beachside locations on the Gold Coast and only a few minutes walk to all the trendy restaurants/cafes of Miami and Nobby Beach Village.
Key Features
Open plan living area opening out to patio overlooking pool
Main bedroom with walk-in rode
Second bedroom with built in wardrobes
Modern renovated kitchen
Updated ensuite and main bathroom
Rare extra large private patio approx 40m2 north facing
Residents Pool
Single security parking / 3 visitor parks adjacent unit with direct access via patio
Separate laundry with space for a dryer
Quiet boutique building
Additional features
Separate lockable storage shed on ground level
Carpeted bedrooms
Plenty of storage
Neighborhood
Coles, Banks, Australia Post, Chemist at Miami One Shopping Centre - 5 minutes
Broadbeach restaurants and shopping precinct - 9 minutes
Nobby Beach Village - 2 minutes
Pacific Fair - 7 minutes
Coolangatta Airport - 21 minutes
Beach - 150 steps

Property History for 1/107-109 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$475,000
17 Sep 2016
Listed for Rent
$540/w
05 Dec 2016
  • 16 Nov 2016
    Listed for Rent - Price not available
  • 17 Sep 2016
    Sold for $475,000
  • 09 Feb 2005
    Sold for $370,000
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the total area. The population of Mermaid Beach in 2016 was 6533 people. By 2021 the population was 7329 showing a population growth of 12.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation.In 2021, 50.80% of the homes in Mermaid Beach were owner-occupied compared with 43.50% in 2016.

Mermaid Beach has 5,872 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 42.91% increase in median value, while Units have seen a 69.68% increase. As at 31 August 2026:

  • The median value for Houses in Mermaid Beach is $3,025,246 while the median value for Units is $1,141,897.
  • Houses have a median rent of $1,500 while Units have a median rent of $850.
There are currently 72 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 290 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.