7/108-112 Petrel AvenueMermaid Beach QLD 4218
Property Details for 7/108-112 Petrel Ave, Mermaid Beach
7/108-112 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 572m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in November 2000.
Last Listing description (August 2026)
For the first time in twenty six years, 7/108-112 Petrel Avenue is being offered to the market, a rare chance to secure a foothold in one of the Gold Coast's most tightly held and consistently sought after beachside suburbs. Positioned just two streets from the sand, this partially updated two bedroom residence offers a lifestyle that few addresses on the coast can genuinely deliver, where the rhythm of beach mornings, caf culture, and relaxed coastal evenings all sit within easy walking distance.
Spanning 127m2, the home features two separate balconies, giving residents the flexibility to enjoy sea breezes and outdoor living from more than one aspect of the property, a detail that adds real everyday value in a unit of this size. With one bathroom and secure single car accommodation, the floor plan has been designed to suit a broad range of buyers without compromising on comfort or practicality.
Mermaid Beach continues to be one of the standout performers on the southern Gold Coast, drawing owner occupiers and investors alike thanks to its unmatched walkability to the beach, its thriving dining and caf scene, and its long term reputation as a blue chip coastal pocket. Whether you are a downsizer looking for low maintenance coastal living, a couple wanting to embrace the beachside lifestyle, or an investor seeking a smart addition to a tightly held rental market, this property offers genuine flexibility across all buyer profiles.
Opportunities of this nature, long held investments returning to the market after decades in the same hands, are becoming increasingly rare in Mermaid Beach. This is a genuine chance to secure a foothold in a suburb that continues to grow in both lifestyle appeal and long term value.
Key restaurants, bars and cafs:
Moustache Wine Bar & Restaurant
Lars Bar & Grill
Norte & Sueno Rooftop
BSKT Caf
Holiday Caf
MexiCali Bar Y Taqueria
Gemellini
Key facts:
Year built: 1983
Units in the building: 12
Unit internal size: 127m2
Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 7/108-112 Petrel Ave, Mermaid Beach, QLD 4218
- 20 Jul 2026Listed for Sale Present All Offers
- 25 Jul 2024Listed for Rent $800 / week
- 13 Mar 2020Listed for Rent - Price not available
Recent sales nearby
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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 5,873 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.
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