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Back 17/38 Petrel Avenue
Off Market

17/38 Petrel Avenue

Mermaid Beach QLD 4218

1
1
1
50 m²
919 m²
Apartment
Last sold for $775,000
Karen DinningKaren Dinning, last sold this property on 07 April 2026 after 54 days on market.

Overview

Rare South Mermaid Beach One-Bedroom — 200m to the Sand

Mermaid Beach - Another Exciting New Benchmark Price Achieved - for a 50sqm apartment! Case Study: Method of Sale: Private Treaty Days on Market: 27 Open Homes: 5 OFI Attendees: 45 Online Enquiries: 79 Views Online: 4,260 Live moments from the sand in one of the Gold Coast's most exclusive coastal enclaves. Surrounded by multimillion-dollar homes and designer residences, this is your opportunity to secure a one-bedroom apartment in tightly held South Mermaid Beach — where effortless coastal style meets premium living. Just steps away from the shoreline, this modern one-bedroom apartment offers exceptional value in a location where opportunities at this level are increasingly rare. Owner-occupied and beautifully maintained, the apartment features light-filled open-plan living that flows seamlessly to a private balcony — the perfect spot to enjoy the sea breeze after a morning swim or sunset walk. The contemporary kitchen is fitted with stainless-steel appliances and sleek finishes, while the spacious main bedroom includes a walk-in robe and is serviced by a modern well-appointed bathroom with internal laundry for everyday convenience. Set within a boutique complex, residents enjoy access to a sparkling pool and entertaining area — ideal for relaxed, resort-style living all year round. Positioned in the premium South Mermaid Beach precinct, you're a short stroll to The Oxley — offering curated dining, wine bars and boutique retail — and just 400m to the vibrant Nobby's café and restaurant scene. In this location, every day feels like a holiday. Location Highlights • 200m to the golden sands of Mermaid Beach • Walk to The Oxley's dining, wine bars & boutique retail • 400m to Nobby's vibrant café & restaurant precinct • 5 minutes to Pacific Fair Shopping Centre • 7 minutes to Broadbeach dining & nightlife • Close to the new light rail extension (due for completion soon) • Easy access to public transport & Gold Coast Highway Opportunities to secure an owner-occupied apartment in this prestigious beachside pocket are exceptionally rare — particularly at this price point. If you've been waiting to enter South Mermaid Beach, this is your chance. For further information, please contact Karen Dinning of Realty Blue on 0414 799 230.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
50 m² floor area
919 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Mermaid Beach over the last 12 months, the estimated median property value of 17/38 Petrel Avenue is $680k.

Median value
$680k
Estimated value range
$585k - $990k
Median days on market
20
Estimated value trend
16%
increase 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 17/38 Petrel Avenue

2026
Rented
Undisclosed
Leased on 02 May 2026 by Ras360 Property Solutions
2026
Sold
$775,000
07 Apr 2026 by Karen Dinning, of Realty Blue Burleigh

Happy sellers in Mermaid Beach

88%
88% 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 54 reviews in Mermaid Beach over the last 12 months.

Local market activity for 1 bedroom apartments in Mermaid Beach

In the last 12 months, 18 one-bedroom apartments similar to 17/38 Petrel Avenue, have been sold.

This represents a 35% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Trent Hones

Trent Hones is an award winning recommended agent for Mermaid Beach.  They have 22 local sales and collected 16 local reviews across the last 12 months.

  •   5   (113 reviews)
  •  16 Reviews in Mermaid Beach
  •  22 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

  •   5   (311 reviews)
  •  8 Reviews in Mermaid Beach
  •  9 Sales in Mermaid Beach
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Paulette Koriacos

Paulette Koriacos is a recommended agent for Mermaid Beach.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   5   (30 reviews)
  •  5 Reviews in Mermaid Beach
  •  5 Sales in Mermaid Beach
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Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Beach.  They have 3 local sales and collected 5 local reviews across the last 12 months.

  •   5   (29 reviews)
  •  5 Reviews in Mermaid Beach
  •  3 Sales in Mermaid Beach
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