2/118 Petrel Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
 
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2/118 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 147m2
Land area: 113m2
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Last updated 17 Aug 2026
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Property Details for 2/118 Petrel Ave, Mermaid Beach

2/118 Petrel Ave, Mermaid Beach is a 4 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1977. The property has a land size of 113m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Townhouse
Year Built
1977
Floor Size
147m2
Land Size
113m2
Local Government
Gold Coast City
Lot/Plan
2/GTP206

Last Listing description (July 2026)

Indulge in the pinnacle of beachfront living with this stunning 4-bedroom, 2-bathroom villa, nestled just moments away from the pristine shores of Mermaid Beach.

Recently renovated to perfection, this villa boasts a fresh, contemporary design that harmonizes seamlessly with its coastal surroundings. Offering an array of modern conveniences, it provides the ideal haven for seaside living.

Property Features:

Unfurnished
Spacious layout spanning 248m2 across two floors.
Fourth bedroom doubles as a versatile study space, complete with a private balcony for basking in the morning sun.
Secure parking options including a carport for 1 car and space for up to 4 cars on the driveway.
Retreat to your own private oasis on the expansive covered outdoor entertaining area, complete with an outdoor heater-an ideal setting for hosting gatherings or enjoying quiet moments in your coastal sanctuary.
A gourmet chef's kitchen awaits, featuring sleek stone benchtops, gas cooking, and stainless steel appliances, ensuring culinary excellence.
Stylish interiors exude both comfort and sophistication, creating an inviting ambiance throughout.
Situated mere meters from the beach, this property offers unparalleled coastal living, with the soothing sounds of the waves as your soundtrack.
Conveniently located just a short stroll from shops, cafes, restaurants, and public transport.

Don't miss out on the opportunity to call this meticulously renovated beachside villa your own. With its spacious layout, modern amenities, and prime location, it epitomizes the epitome of Gold Coast living.

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Property History for 2/118 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,000,000
30 Jan 2024
Listed for Rent
$1.40k/w
06 Jun 2024
  • 28 Mar 2024
    Listed for Rent $1,500 / week
  • 30 Jan 2024
    Sold for $2,000,000
  • 03 Nov 2023
    Listed for Sale Not Disclosed
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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 5,865 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.
There are currently 70 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 308 properties were sold in the past 12 months in Mermaid beach.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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