Home/Properties/Mermaid Beach/UNIT 22/38-46 Petrel Avenue
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UNIT 22/38-46 Petrel Avenue

Mermaid Beach, QLD 4218, Australia
$785,000
1 bed 1 bath 1 car

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Area Price Guide
$737,900$832,100

Indicative price guide range

🏘️
75
Comparable
📊
$1.99m
Area median
⚖️
-61%
vs median
🗓️
3 weeks ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

7 nearby schools

Catchment: Mermaid Beach State School

Zoning

LDR — Low Density Residential

Gold Coast City Plan 2016

Public transport

Data unavailable

Traffic

Moderate congestion

Morning and evening peak hours (7-9am, 4-6pm) experience moderate congestion, particularly on Hastings Street. Weekend and holiday periods show increased traffic due to beach access, with Friday afternoons and summer school holidays being the heaviest periods.

Flood risk

Low

Mermaid Beach is a low-lying coastal locality in the Gold Coast that experiences localised stormwater flooding and minor tidal inundation risk, but is not situated within a major river floodplain. The primary flood risk stems from Tallebudgera Creek and urban drainage systems during heavy rainfall; properties near creek corridors and low-lying areas may be subject to Queensland planning overlays requiring elevated structures and fill management.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

below average

Trend: stable

Nearby development

6 projects nearby

Mermaid Beach is experiencing steady mixed-use development driven by its premium beachfront location and proximity to Surfers Paradise. Development activity focuses on foreshore precinct activation, medium-density residential infill, retail precinct modernisation, and public realm improvements. Infrastructure investment in connectivity and waterfront amenities is supporting gradual urban intensification while maintaining the suburb's leisure and tourism character.

Heritage

Not heritage listed

Mermaid Beach is a modern beachside suburb on the Gold Coast with limited heritage overlay controls. The area developed primarily from the 1960s onwards as a residential and tourist destination, with few pre-war structures or conservation areas. Nearby heritage items are scattered across adjacent suburbs rather than concentrated within Mermaid Beach itself.

Sources: Australian Gov open data + StMate AI
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Property Photos

About this property

To enquire, please email or call 1300 815 051 and enter code 9133 Positioned just 150 metres from the golden sands of Nobby's Beach, this stylish one-bedroom apartment delivers the ultimate coastal lifestyle with unbeatable walk-to-everything convenience. Set within the sought-after Beaches on Wave Street complex, residents enjoy a relaxed, resort-style environment complete with a swimming pool and beautifully landscaped gardens. Perfectly located in the vibrant heart of Nobby's Beach, you can leave the car at home and stroll to an array of popular cafés, restaurants, and boutique shops. Whether you're an investor, downsizer, or lifestyle buyer, this property offers exceptional appeal with strong rental potential and proximity to all major Gold Coast attractions. Inside, the apartment features a functional open-plan layout with air-conditioned living and dining, flowing seamlessly to a generous private balconyideal for enjoying the coastal breeze. The well-appointed kitchen includes electric cooking and a dishwasher, while the bathroom offers a full-size tub and convenient European laundry. Property Features: One-bedroom, first-floor apartment in a resort-style complex Just 150m to the beach and a short stroll to cafés, dining, and shops Light-filled open-plan living and dining with air conditioning Spacious balcony perfect for outdoor relaxation Functional kitchen with electric cooktop and dishwasher Bathroom with bathtub and integrated European laundry Secure basement car space Excellent opportunity to update and add value Ideal as a holiday retreat, permanent residence, or Airbnb investment Only 3 minutes' walk to the new light rail station Approx. 6 minutes to Pacific Fair Shopping Centre and 4 minutes to Miami Marketta A rare opportunity to secure an affordable slice of Gold Coast beachfront living in one of its most desirable lifestyle precincts. Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries. To enquire, please email or call 1300 815 051 and enter code 9133

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $3,806/month
    $1,903 /fortnight
    Loan $628,000 at 6.10% over 30 years

    Upfront costs

    Deposit$157,000
    Stamp duty$28,350
    Conveyancing (est.)$2,000
    Total upfront$187,350
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Listed
    3 weeks ago

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