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5/26 Albatross Avenue, Mermaid Beach$910,000
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5/26 Albatross Avenue

Mermaid Beach, QLD 4218, Australia
$910,000
1 bed 1 bath 1 car

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Estimated market value today, from comparable sales

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$775,000likely $580,000$1,010,000

Based on 17 comparable sales near Mermaid Beach.

Indicative only, not a formal valuation. Actual value depends on condition and market movement since sale.

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About this property

Positioned directly opposite Nobby's Surf Life Saving Club, this beautifully presented one-bedroom apartment delivers an outstanding beachside lifestyle with sweeping ocean views, strong investment appeal, and significant long-term development potential. Set within a blue-chip corner position in one of the Gold Coast's most tightly held coastal pockets, the property combines immediate lifestyle appeal with rare future upside. Cafés, restaurants, patrolled beaches, and Nobby's vibrant dining precinct are all just moments away, while the spacious balcony captures ocean outlooks and refreshing sea breezes. Located in a boutique complex of just nine apartments, the building has recently undergone substantial external upgrades and features landscaped tropical gardens and a swimming pool. The apartment offers generous open-plan living with tiled floors, a well-appointed kitchen, and seamless flow to a wide ocean-view balcony. The bedroom includes a built-in wardrobe and ceiling fan, complemented by two split-system air-conditioning units servicing both the living area and bedroom. The coastal-style bathroom incorporates internal laundry facilities, and the property includes a secure lock-up garage. Approx. 83sqm on title. Property Features: - Prime corner block position with development potential. - One-bedroom apartment with secure lock-up garage. - Sweeping ocean views and sunlit balcony. - Updated with AC and modern kitchen appliances. - Boutique complex of 9 with swimming pool. - Recently upgraded building exterior. - Body corporate approx. $145 per week. - Short walk to beach, cafés, and restaurants. - Council Rates: $1,365.39 per 6 months. - Water: $64.75 per quarter. Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Listed
1 month ago

Repayment calculator

$4,412/month
$2,206 /fortnight
Loan $728,000 at 6.10% over 30 years

Upfront costs

Deposit$182,000
Stamp duty$33,975
Conveyancing (est.)$2,000
Total upfront$217,975
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mermaid Beach

This 1-bedroom apartment in Mermaid Beach, QLD 4218 sits within reach of public transport, local shops local amenities. It is listed 64% below the $2.50m median of 60 comparable apartmentswithin 5 km.

What's nearby

  • Gold Coast Hwy at Annette Kellerman Park (bus)1.4 km away
  • Krownd Men’s Aesthetic Clinic2.2 km away
  • Unnamed996 m away
  • Unnamed1.1 km away
  • Unnamed1.2 km away

Mermaid Beach at a glance

Full suburb profile
Population
7,329
Median age
35
Household income
$1,895/wk
Median rent
$460/wk
Median mortgage
$1,820/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mermaid Beach price trend

Median sold · Unit 1 bed

Compound growth +14.1% / yr over 4 yrs

$712kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

Listing price changes & sale

1 price change recorded for this property

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