5/59-61 Petrel Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

5/59-61 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 5/59-61 Petrel Ave, Mermaid Beach

5/59-61 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
2003
Local Government
Gold Coast City
Lot/Plan
5/SP161795

Last Listing description (February 2020)

NOBBY BEACH-SIDE - Fresh, modern and moments from sand.

The perfectly north facing aspect of this boutique apartment will ensure the best in natural light and climate all year round. Well-kept with A/C you will enjoy modern comforts and a rarely used pool in one of the best beach-side locations in Mermaid. Just a couple minutes walk from the sand and the fantastic shops and cafes at Nobby Beach, living here will do wonders for your lifestyle.

From this address you can easily access the tram at Pacific Fair, train and hospital at Robina and it's less than 9min drive to Bond University.


FEATURES:
- A/C to living
- Modern kitchen
- Balcony
- Built-in-robes
- Ensuite to master
- Quality carpet
- Single lock up garage space

*Sorry no pets

We welcome your inspection anytime by appointment or at our scheduled open homes.

Property History for 5/59-61 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$540,000
27 Sep 2020
  • 19 Jan 2020
    Listed for Rent $495 per week
  • 26 Feb 2019
    Listed for Sale $539,000
  • 22 Nov 2018
    Listed for Rent - Price not available
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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 5,673 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, 329 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.