12/38-46 Petrel AvenueMermaid Beach QLD 4218
Property Details for 12/38-46 Petrel Ave, Mermaid Beach
12/38-46 Petrel Ave, Mermaid Beach is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 914m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Unit sold in Mermaid Beach in the last 12 months.
Last Listing description (June 2026)
Whether you are searching for a investment property, low maintenance beach haven or a weekender away from the city. We have found it right in the heart of the cafe & restaurant precint, tucked away enough for privacy & quiet weekends. Just metres to the sand & surf club at Nobby Beach. If a beach walk or quick surf before work is a priority for you, this is the new home you have been waiting for! Easy short walk to the new GLink station at Nobbys, good to go in early 2026. Oxley cafe & fantastic restaurants are just a short 3 minute walk from your front door. This ground floor, end unit offers the buyer a once in a lifetime lifestyle for the sassy buyer. This awesome unit many features include -
* Freshly painted throughout the inside & the exterior has just been repainted late last year.
* Can be used as a 3 bedrooms or 2 bedrooms & a study, at entry level price point.
*The laundry is separate to the bathroom. Outdoor clothes line & new fans installed throughout the property.
* Kitchen & bathroom already renovated & updated for functionality. Dishwasher in kitchen.
* Breezy, bright end unit with large, private rear balcony & front smaller patio for outdoor dining.
* East/West aspect to capture the sea breeze.
* Low maintenance timber look hybrid floors throughout.
* Air conditioned plus all new fans fitted throughout.
* Single remote auto garage with a good size store room.
* High 2.2 metre vehicle access to the underground parking. Suitable for the taller 4 X 4 owners out there.
* Security intercom to entry, plus CCTV cameras for added peace of mind.
* Complex has a resort style pool, heated spa & entertaining area. (All situated well away from this unit).
* Ideal for Air bnb letting with a manager on site.
* The location is superb. Easy walk to the Nobby cafe precint, Miami High & Miami Marketta are minutes away.
* 2 klm to Pacific Fair & the Star Casino.
* Bathouse Soak is nearby.
* When convenience, public transport, walk to shops, socialising & the beach are a priority, this is ideal.
* Walk thru video available for interstate buyers.
Outgoings & current rental returns, see below -
* Gold Coast City Council rates are approximately $3,200 per annum (No pensioner discount on this amount).
* Water usage varies. Current quarterly bill is approximately $320.
* Current permanent rent appraisal is $900 to $950 per week.
* Holiday rental return would vary depending on the time of year, but being a 3 bedroom, would be popular due to the ideal location & having the 3rd bedroom for families.
* Form 2 body corporate disclosure available for genuine buyers. Complete & full information on body corporate.
Property History for 12/38-46 Petrel Ave, Mermaid Beach, QLD 4218
- 01 Mar 2026Listed for Rent $1,150 / week
- 03 Sep 2025Sold for $977,558
- 06 Aug 2025Listed for Sale Best offers over $947,000
Recent sales nearby
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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 5,870 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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