Back 9/38 Petrel Ave
Off Market

9/38 Petrel Ave

Mermaid Beach QLD 4218

1
1
1
0 m²
Unit
Last sold for $725,000
Dan CampbellDan Campbell, last sold this property on 17 July 2025 after 15 days on market.

Overview

Live the Coastal Dream...Ultimate Lifestyle Opportunity!!

I can almost hear the waves!! This light-filled, apartment is your chance to secure a slice of highly sought-after Mermaid Beach living—just footsteps to Nobby's vibrant café 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 balcony One updated bathroom with walk-in shower and European-style laundry Open plan living and dining with split system air conditioning, plenty of natural light, easy care tiles and hybrid flooring throughout. East-facing covered balcony—perfect for morning coffee or pre drinks before heading into the vibrant Nobby's precinct. Well-appointed kitchen with dishwasher, electric cooktop & ample storage Secure underground carpark Gated complex of 36 apartments on over 2,000sqm Complex facilities include a large swimming pool, BBQ pavilion & outdoor entertaining area Location Highlights: Just steps to the Nobby's beach and the popular Nobby's dining precinct Close to Miami Marketta, Burleigh Golf Course & future Light Rail Stage 3A Surrounded by cafes, parks, restaurants, schools, shops & public transport Financials: 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 quarter Body Corporate: approx. $164.71 per week (including 20% discount and temporary special levy) Special levy in place for external painting – refer to disclosure statement Whether 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.

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 9/38 Petrel Ave 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 9/38 Petrel Ave

2025
Rented
Undisclosed
Leased on 10 Aug 2025 by LJ Hooker Nerang
2025
Sold
$725,000
17 Jul 2025 by Dan Campbell, of LJ Hooker Nerang
2019
Sold
Undisclosed
Private Sale/Treaty on 23 Sep 2019 by Simon Francis, of John Henderson Real Estate

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 9/38 Petrel Ave, have been sold.

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

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