4/55 Albatross Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

4/55 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 59m2
Land area: 127m2
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Property Details for 4/55 Albatross Ave, Mermaid Beach

4/55 Albatross Ave, Mermaid Beach is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 127m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1970
Floor Size
59m2
Land Size
127m2
Local Government
Gold Coast City
Lot/Plan
4/BUP1147

Last Listing description (July 2018)

Invest wisely in your future by taking advantage of this opportunity today! Uniquely positioned with no roads to cross, just footsteps to the beach in one of Queensland's most premiere locations is this exceptional near beachfront offering.
Available to purchase is your choice of one or two premiere positioned units, set in a small older style block of only 4 units on a prime 405m2 beachside allotment with potential for future redevelopment. Whether you buy one or buy both, you can rest assured of a very secure asset today and for the future.
Set on the ground and top floors respectively, each unit comprises of 2 bedrooms and 1 bathroom. The well sized and spacious layouts are each complimented by large balconies with exceptional, never to be built out ocean views!

Features:
- Your choice of two beachside units - Buy one or buy both
- 2 x 2 bedroom, 1 bathroom units
- Each with large balconies and spectacular never to be built out ocean views
- Single lock up garages
- Small walk up block of only 4 units set on a prime 405m2 beachside block
- Potential for future redevelopment
- Low body corporate fees
- Highly desirable Nobby's Beach location with no roads to cross to the beach
- Secure your future today
Council rates: Approx. $3,484.00 per annum per unit
Water: Approx. $1,112.00 per annum per unit
Body corporate fees: Approx. $19.00 per week per unit
It's all about the location - Nobby's Beach has never been better after recently undergoing a cool transformation into a highly prized location renowned for its trendy bars and eateries and relaxed coastal vibe.
Begin your day with a coffee and breakfast at one of the many neighbouring cafes and a leisurely stroll along the beautiful beach located right on your doorstep.
Catch up with friends over a cool drink and evening meal at the at one of the many stylish bars and restaurants at your fingertips - this is what the Nobby's lifestyle is all about!
Whether you're looking for an astute investment, a weekender or a place to call home, you will not be disappointed by an inspection but act quickly as opportunities such as these are rare and at this price will not last! Contact the marketing agents Luke Henderson or Cindy Katene for further information or to arrange your inspection today.
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Property History for 4/55 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,200,000
16 Jul 2021
  • 16 Jul 2021
    Sold for $1,200,000
  • 18 May 2018
    Sold for $640,000
  • 03 May 2018
    Listed for Sale Offers over $600,000 each
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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 5,877 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 53.89% increase in median value, while Units have seen a 79.61% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Beach is $3,031,364 while the median value for Units is $1,139,868.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 64 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 341 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.