12/38 Petrel Avenue

Off Market

12/38 Petrel Avenue

Mermaid Beach QLD 4218

0 m²

Apartment

Leeane Brazier, last sold this property on 02 September 2025 after 27 days on market.

Overview

Beachside Idylic Gem in Mermaid Beach. 3 bedroom unit, easy walk to the surf. Open home cancelled, property now unconditional & SOLD!

Whether you are searching for a investment property, low maintenance beach haven or a weekender away from the city. We have found it right in the heart of the cafe & restaurant precint, tucked away enough for privacy & quiet weekends. Just metres to the sand & surf club at Nobby Beach. If a beach walk or quick surf before work is a priority for you, this is the new home you have been waiting for! Easy short walk to the new GLink station at Nobbys, good to go in early 2026. Oxley cafe & fantastic restaurants are just a short 3 minute walk from your front door. This ground floor, end unit offers the buyer a once in a lifetime lifestyle for the sassy buyer. This awesome unit many features include - * Freshly painted throughout the inside & the exterior has just been repainted late last year. * Can be used as a 3 bedrooms or 2 bedrooms & a study, at entry level price point. * Seller happy to sell furniture with the property. Ideal for Air bnb purposes or your own holiday retreat. *The laundry is separate to the bathroom. Outdoor clothes line & new fans installed throughout the property. * Kitchen & bathroom already renovated & updated for functionality. Dishwasher in kitchen. * Breezy, bright end unit with large, private rear balcony & front smaller patio for outdoor dining. * East/West aspect to capture the sea breeze. * Low maintenance timber look hybrid floors throughout. * Air conditioned plus all new fans fitted throughout. * Single remote auto garage with a good size store room. * High 2.2 metre vehicle access to the underground parking. Suitable for the taller 4 X 4 owners out there. * Security intercom to entry, plus CCTV cameras for added peace of mind. * Complex has a resort style pool, heated spa & entertaining area. (All situated well away from this unit). * Ideal for Air bnb letting with a manager on site. * The location is superb. Easy walk to the Nobby cafe precint, Miami High & Miami Marketta are minutes away. * 2 klm to Pacific Fair & the Star Casino. * Bathouse Soak is nearby. * When convenience, public transport, walk to shops, socialising & the beach are a priority, this is ideal. * Walk thru video available for interstate buyers. Outgoings & current rental returns, see below - * Gold Coast City Council rates are approximately $3,200 per annum (No pensioner discount on this amount). * Water usage varies. Current quarterly bill is approximately $320. * Current permanent rent appraisal is $900 to $950 per week. * Holiday rental return would vary depending on the time of year, but being a 3 bedroom, would be popular due to the ideal location & having the 3rd bedroom for families. * Form 2 body corporate disclosure available for genuine buyers. Complete & full information on body corporate.

Features

3 bedrooms

1 bathroom

1 carspace

1 garage space

0 m² floor area

0 m² lot size

Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Mermaid Beach over the last 12 months, the estimated median property value of 12/38 Petrel Avenue is $1.67m.

Median value

$1.67m

Estimated value range

$977.56k - $8m

Median days on market

Estimated value trend

-41%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Mermaid Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/38 Petrel Avenue

2025

Sold

Undisclosed

02 Sep 2025 by Leeane Brazier, of @realty - QLD

2023

Rented

Undisclosed

Leased on 03 Oct 2023 by @realty - QLD

2022

Sold

$800,000

Private Sale/Treaty on 09 Jun 2022 by Josh Dawson, of London Estate Agents

Happy sellers in Mermaid Beach

87%

87% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

Mermaid Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Mermaid Beach over the last 12 months.

Local market activity for 3 bedroom apartments in Mermaid Beach

In the last 12 months, 31 three-bedroom apartments similar to 12/38 Petrel Avenue, have been sold.

This represents a 4% increase in three-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Mermaid Beach for a free market appraisal.

Trent Hones

at Ray White Malan + Co - Broadbeach

(113 reviews)

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Guy Powell

at Coastal Broadbeach

(311 reviews)

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Paulette Koriacos

at Amir Prestige Mermaid Beach

(30 reviews)

Get a free market appraisal

Gypsea Youngsmith

at Kollosche

(29 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mermaid Beach

Trent Hones

Trent Hones is an award winning recommended agent for Mermaid Beach. They have 23 local sales and collected 16 local reviews across the last 12 months.

5 (113 reviews)
16 Reviews in Mermaid Beach
23 Sales in Mermaid Beach

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Guy Powell

Sellers who recommend Guy Powell have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and easy to work with