10/38-46 Petrel AvenueMermaid Beach QLD 4218
Property Details for 10/38-46 Petrel Ave, Mermaid Beach
10/38-46 Petrel Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 914m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (March 2023)
OPEN HOUSE - WEDNESDAY 25th MAY, 4:00-5:00PM
This recently renovated 1 bedroom, 1 bathroom apartment is in the heart of trendy Nobby's Beach. Situated at 'Beaches On Wave Street Holiday Apartments' this ground floor unit is only 150m from the beach and a few minutes walk to the trendy nightlife/restaurants of Nobby's Beach.
Ideal investment property, this apartment is currently in the holiday letting pool and has an amazing 86% occupancy rate the last 12 months. This unit being very sort after by guests as its nicely renovated in a quiet complex and on the ground floor.
Property Specifics:
- 36 units in complex
- On-Site Manager
- Secured building
- Underground car park
- WiFi, Foxtel, intercom
- large 20m courtyard out back overlooking tropical gardens
- airconditioned (new 2021) and fully renovated ground floor apartment
- 1xking bed with build in wardrobe
- swimming pool, spa, bbq area
- 3 min walk to Nobbys Restaurants/Cafes
- 3 min walk to patrolled surf beach
- 3km to Star Casino, Pacific Fair Shopping Centre
Property History for 10/38-46 Petrel Ave, Mermaid Beach, QLD 4218
- 14 Mar 2023Listed for Sale Not Disclosed
- 01 Jun 2022Sold for $530,000
- 20 May 2022Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 5,871 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 40.80% increase in median value, while Units have seen a 72.73% increase. As at 31 July 2026:
- The median value for Houses in Mermaid Beach is $2,903,254 while the median value for Units is $1,117,658.
- Houses have a median rent of $1,400 while Units have a median rent of $850.
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