9/38-46 Petrel Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

9/38-46 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 914m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 24 Aug 2026
Low

High
Save

Property Details for 9/38-46 Petrel Ave, Mermaid Beach

9/38-46 Petrel Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 914m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2025.

Building Type
Unit
Year Built
2001
Floor Size
50m2
Land Size
914m2
Local Government
Gold Coast City
Lot/Plan
9/SP136168

Last Listing description (September 2025)

I can almost hear the waves!! This light-filled, apartment is your chance to secure a slice of highly sought-after Mermaid Beach livingjust footsteps to Nobby's vibrant caf precinct and world-class coastline.Situated in the well-maintained 'Beaches on Wave' complex, this one-bedroom apartment offers the ideal low-maintenance lifestyle or a smart investment opportunity with strong rental demand and future growth potential. Whether you're looking to move in, holiday-let, or land bank for the long term, this is a rare find in an unbeatable location.Property Features:One bedroom with fan and built-in robes and access to a private balconyOne updated bathroom with walk-in shower and European-style laundryOpen plan living and dining with split system air conditioning, plenty of natural light, easy care tiles and hybrid flooring throughout.East-facing covered balconyperfect for morning coffee or pre drinks before heading into the vibrant Nobby's precinct.Well-appointed kitchen with dishwasher, electric cooktop & ample storageSecure underground carparkGated complex of 36 apartments on over 2,000sqmComplex facilities include a large swimming pool, BBQ pavilion & outdoor entertaining areaLocation Highlights:Just steps to the Nobby's beach and the popular Nobby's dining precinctClose to Miami Marketta, Burleigh Golf Course & future Light Rail Stage 3ASurrounded by cafes, parks, restaurants, schools, shops & public transportFinancials:Council Rates: approx. $1,300.99 per half year ($1,898.06 per Half- Holiday letting council rate ie Airbnb)Water Rates: approx. $444.09 per quarterBody Corporate: approx. $164.71 per week (including 20% discount and temporary special levy)Special levy in place for external painting refer to disclosure statementWhether you're an owner-occupier or investor, this is a lifestyle location that never goes out of fashion. Beachside properties in Mermaid Beach are tightly held...don't miss this rare opportunity!Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Shane Colquhoun Pty Limited and CLP Realty Pty Limited by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice in respect of this property or any property on this website.

Property History for 9/38-46 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$725,000
09 Jul 2025
Listed for Rent
$700/w
11 Aug 2025
  • 21 Jul 2025
    Listed for Rent $700 / week
  • 09 Jul 2025
    Sold for $725,000
  • 02 Jul 2025
    Listed for Sale Offers Over $699,000
Sign in to see more transactions
Commute Calculator

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.
There are currently 70 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 306 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
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.