11/38-46 Petrel AvenueMermaid Beach QLD 4218
Property Details for 11/38-46 Petrel Ave, Mermaid Beach
11/38-46 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 April 2025. There are other 1 bedroom Unit sold in Mermaid Beach in the last 12 months.
Last Listing description (May 2025)
Offering the absolute pinnacle of 'walk-to-everything' ease, this one bedroom apartment offers a huge rear patio and claims a superb position in the heart of Nobby's Beach. Set within the holiday-style 'Beaches on Wave Street' complex with pool and landscaped gardens, you can stroll just 150m to the surf or wander to an array of popular restaurants, cafes and shops. Investors or downsizers will recognise the infinite appeal of this property, within close reach of all major Gold Coast attractions.
- One bedroom ground floor apartment in a resort-style Nobby's Beach complex
- Ultra accessible, it's a short stroll to restaurants and patrolled beaches
- Functional kitchen features electric cooking and a dishwasher
- The bedroom flows to a large rear courtyard with leafy backdrop
- Bathroom with tub and European laundry, secure basement car space
- Great scope to refresh throughout to create an inviting coastal retreat
- Perfect for a private weekender, easy-care permanent home or investment
- 6 mins to Pacific Fair, 4 mins to Miami Marketta, close to public transport
- Council Rates: $2,601.98 per annum. Water Rates: $1,307.32 per annum.
- Strata: $129.13 per week
- Rental Appraisal: $625.00-$675.00 per week
Property History for 11/38-46 Petrel Ave, Mermaid Beach, QLD 4218
- 14 Apr 2025Sold for $689,000
- 03 Apr 2025Listed for Sale $689,000
- 10 May 2017Listed for Rent - Price not available
Recent sales nearby
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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 2.0% of 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 5,678 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 92.60% increase in median value, while Units have seen a 111.40% increase. As at 30 November 2025:
- The median value for Houses in Mermaid Beach is $2,724,302 while the median value for Units is $1,094,696.
- Houses have a median rent of $875 while Units have a median rent of $800.
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