1/116 Petrel Avenue, Mermaid Beach, QLD 4218 sold on 28 February 2026 | OnTheHouse
SOLD
Sold on 28 Feb 2026 for $1,030,000

1/116 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
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Property Details for 1/116 Petrel Ave, Mermaid Beach

1/116 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Floor Size
80m2

Last Listing description (February 2026)

In the heart of one of the Gold Coast’s most vibrant suburbs, this unique ground-floor residence presents an exceptional opportunity to secure your place in highly sought-after Mermaid Beach. Just moments from the sand and the ever-popular Nobby’s precinct, the location offers an enviable lifestyle where cafés, dining, and coastal living seamlessly connect from morning through to night.

Set within a tightly held address, 1/116 Petrel Avenue invites its new owners to become part of a suburb that continues to grow, thrive, and captivate. Whether you’re a first-home buyer seeking a refined coastal entry, a young couple embracing the beachside lifestyle, or an investor looking for a smart addition in a blue-chip location, this is an offering that balances lifestyle appeal with long-term value.

A rare opportunity to call Mermaid Beach home — or invest with confidence — in a location that truly has it all.

Key Restaurants, bars and cafes:
- Moustache, wine bar & restaurant
- Lars Bar & Grill
- Norte & Sueno Roof top
- BSKT cafe
- Holiday cafe
- MexiCali bar Y Taqueria
- Gemellini

Key facts:
- YEAR BUILT: 1978
- BUILDING BLOCK SIZE: 809m²
- UNITS IN THE BUILDING: 9
- UNIT INTERNAL SIZE: 80m²
- LAST RENOVATED: Approx 10 years ago
- BODY CORP: Approx $1,600 Bi-Annually

Contact Adrian Correa for more information or to register as a bidder at the upcoming Auction:

0400 060 351
adrian@preqld.com.au

Disclaimer: In preparing this information we have 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 here.

Property History for 1/116 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,030,000
28 Feb 2026
Listed for Rent
$450/w
19 Aug 2020
  • 28 Feb 2026
    Sold for $1,030,000
  • 02 Feb 2026
    Listed for Sale Auction 28th February at 10am
  • 30 Jul 2020
    Listed for Rent $450 / week
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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 5,869 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 53.89% increase in median value, while Units have seen a 79.61% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Beach is $3,031,364 while the median value for Units is $1,139,868.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 64 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 344 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Contact agent
agent headshot
Adrian Correa
Show contact details
Phillis Real Estate Queensland
Preferred contact:
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.