68 Petrel Avenue, Mermaid Beach, QLD 4218 sold on 30 January 2025 | OnTheHouse
SOLD
Sold on 30 Jan 2025 for $3,000,000

68 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 405m2
Save

Property Details for 68 Petrel Ave, Mermaid Beach

68 Petrel Ave, Mermaid Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom House sold in Mermaid Beach in the last 12 months.

Building Type
House
Land Size
405m2

Last Listing description (January 2025)

Enhanced by a prime location and a wealth of untapped potential, this is the lucrative property opportunity you've been waiting for. Positioned under 300m from the Nobby Beach coastline and approx. 500m from its thriving village-style dining precinct, explore your options to capitalise on this 405m2 block with 12.4m frontage. Rent out the fresh and tidy 3-bed, 1-bath existing home, landbank for future prosperity, or knock down and rebuild your dream beachside abode - the choice is all yours!

Best of all, you'll benefit from a coveted lifestyle. When you're not making the most of the sand and surf almost on your doorstep, stroll to the eclectic array of Nobby Beach cafes, restaurants and bars, including the new local favourite, The Oxley, for dinner or drinks. Mermaid Beach and Miami eateries, parks and entertainment are also within walking distance plus you're within 3.5km of all the delights Broadbeach has to offer, including The Star and Pacific Fair. Like all things of value, an opportunity of this calibre won't last long. Don't delay, inspect today!

Property Overview:

• Enticing property opportunity under 300m from the Nobby Beach coastline
• 405m2 block with 12.4m* frontage in a prized location and with untapped potential
• Landbank, add it to your investment portfolio or knock down and rebuild your dream beachside abode
• Neat and tidy high-set home features three bedrooms, one bathroom and a multi-purpose area downstairs
• Fresh and airy kitchen and dining zone plus a living room opening onto a covered patio
• Double garage with drive-through accessibility
• Levelled and fenced front and rear yards with established greenery
• Approx. 500m from thriving Nobby's Beach village with cafes, bars, restaurants and boutiques including the new Oxley Precinct
• Walk to Miami Marketta, Nobby Beach SLSC, Thorn Park and Mermaid Beach eateries
• Pacific Fair and The Star await within a 3.5km radius
• Approx. 15km to Gold Coast Domestic and International Airport

Council Rates: Approx. $3,403.98 half yearly
Water Rates: Approx. $445 per quarter
Rental Appraisal: Approx. $1,000 - $1,100 per week

* denotes approximate figure
**boundary lines indicative only

Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 68 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,000,000
30 Jan 2025
  • 09 May 2025
    Listed for Rent $1,100 / week
  • 30 Jan 2025
    Sold for $3,000,000
  • 01 Jan 2025
    Listed for Sale Auction
Sign in to see more transactions
Commute Calculator

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 5,677 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 34 properties listed for sale, and 29 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

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Daniel Donovan
Show contact details
agent headshot
Conner Malan
Show contact details
Ray White Burleigh Group
Preferred contact:
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.