Back 19/38 Petrel Avenue
Off Market

19/38 Petrel Avenue

Mermaid Beach QLD 4218

1
1
1
0 m²
Unit
Last sold for $735,000
Karen DinningKaren Dinning, last sold this property on 11 January 2026 after 68 days on market.

Overview

Live the Luxe Coastal Lifestyle in Mermaid Beach — Rare One-Bed

- Mermaid Beach Exciting New Benchmark Price Achieved - Live in one of the Gold Coast's most bougie beachside destinations — in Mermaid Beach, surrounded by multimillion-dollar homes and luxe residences, where effortless coastal style meets premium living. Opportunities like this are incredibly rare with a one bedroom apartment. Just steps from the sand, this modern one-bedroom apartment offers unbeatable value in one of the Gold Coast's most tightly held and in-demand suburbs. In a location where lifestyle is everything, securing a beachside residence at this price point is almost unheard of. The apartment features open-plan living flowing to a private balcony, a contemporary kitchen with stainless-steel appliances, a spacious bedroom with built-in robe, and a well-presented bathroom with internal laundry. The boutique complex offers a sparkling pool, entertaining area, and — all the essentials of relaxed resort-style living. Currently operating as a high-holiday let, it offers flexibility for investors, owner-occupiers, or anyone seeking a lock-and-leave coastal escape. Set in the premium South Mermaid Beach precinct, you're a short stroll to The Oxley — a stylish lifestyle hub with dining, boutique retail, and everyday conveniences — and the buzzing Nobby's precinct, known for cafés, restaurants, bars, and thriving coastal culture. Here, every day feels like a holiday. Location Highlights: 200m to Mermaid Beach - and the golden sands between your toes 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 (tram) extension – due for completion soon Easy access to public transport & the Gold Coast Highway Opportunities to secure value in a prestige beachside pocket like South Mermaid Beach are exceptionally rare. If you've been wondering whether you can still snag a smart buy in one of the Gold Coast's most exclusive holiday destinations — 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
0 m² floor area
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Mermaid Beach over the last 12 months, the estimated median property value of 19/38 Petrel Avenue is $715k.

Median value
$715k
Estimated value range
$595k - $805k
Median days on market
22
Estimated value trend
21%
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 19/38 Petrel Avenue

2026
Rented
Undisclosed
Leased on 21 Feb 2026 by Coastal° Property Agents
2026
Sold
$735,000
11 Jan 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 units in Mermaid Beach

In the last 12 months, 14 one-bedroom units similar to 19/38 Petrel Avenue, have been sold.

This represents a 28% increase in one-bedroom units sales when compared to the previous 12 months.

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