32/38-46 Petrel Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
 
OFF MARKET

32/38-46 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 914m2
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Property Details for 32/38-46 Petrel Ave, Mermaid Beach

32/38-46 Petrel Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 914m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Year Built
1995
Floor Size
48m2
Land Size
914m2
Local Government
Gold Coast City
Lot/Plan
32/SP136168

Last Listing description (April 2017)

Kick back and and enjoy the easy beach lifestyle dream without breaking the budget. This cutie is only 200 meters from Mermaid's Golden Beach & Surf. It offers a Venice/Tuscany look with a private in ground pool and BBQ area to entertain friends all year long! It is ideal for the owner occupier who desires to live the famous Nobby's Beach dream or for the astute investor seeking permanent rental income, or holiday letting.

FEATURES:
Top floor in BEACHES ON WAVE building with ocean facing balcony and a great outlook

Fully furnished light and bright open plan living with Air-con
Recently painted with updated kitchen and bathroom
Separate laundry space with washer, dryer and laundry sink
Generous sized linen closet
Private in ground pool, spa, BBQ with full bathroom facilities
Assigned full secure car-park with additional visitors parking and a car washing bay
On-site Management
Short stroll to chic cafes, shops and transport
Approximately 15 minutes' walk to the famous Pacific Fair Shopping Centre

I look forward to meeting you at the open home !

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Property History for 32/38-46 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$251,000
28 Feb 2017
Listed for Rent
$370/w
20 Oct 2016
  • 28 Feb 2017
    Sold for $251,000
  • 14 Feb 2017
    Listed for Sale Offers above $249,000
  • 06 Sep 2016
    Listed for Rent $370 / week
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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 5,672 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.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 323 properties were sold in the past 12 months in Mermaid beach.

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© Copyright 2025. 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.

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