118 Petrel Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

118 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 539m2
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Property Details for 118 Petrel Ave, Mermaid Beach

118 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 539m2.

Building Type
Unit
Land Size
539m2
Local Government
Gold Coast City
Lot/Plan
2/GTP206

Last Listing description (October 2015)

This spacious, light and airy two bedroom duplex on a large 539m2 block is perfectly positioned in buzzing and thriving Nobbys Beach and just a stone s throw from the patrolled beach. This rare property has a private front yard with lawn & garden and a gated carport or undercover entertaining area with one off street car park depending on how you choose to utilise the space. Add your own touches and add value to this great property in such a prime location.
Features:-
- Walk to the beach daily

- 2 bedrooms
- 1 bathroom
- Large 539m2 block
- Just one of only two units on the block
- Spacious air-conditioned & open plan living, dining & kitchen area
- Secure gated carport
- Large side storage area with internal access
- Close to Nobbys Surf Club, cafes & restaurants, shops, schools and Pacific Fair
Don t miss out on this great opportunity to secure your own little piece of Mermaid Beachside prime real estate! Call Luke Henderson today to arrange an inspection.
Body Corporate: Approx. $45 p/w
Council Rates: Approx. $2,984 p.a
Water Rates: Approx. $1,226 p.a
Rental Return: Currently tenanted for $400 p/w with a lease until 13/10/2015

Property History for 118 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 17 Aug 2015
    Listed for Sale Offers over $500,000
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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 5,851 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 81 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 261 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.