1/116 Petrel Avenue, Mermaid Beach, QLD 4218
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Auction 28th February at 10am
1/116 Petrel Avenue, Mermaid Beach, QLD 4218
2
1
1
0m²
80m²
•
unit - unit: standard
Property Description
Listed on 2 Feb 2026
In the heart of one of the Gold Coast’s most vibrant suburbs, this unique ground-floor residence presents an exceptional opportunity to secure your place in highly sought-after Mermaid Beach. Just moments from the sand and the ever-popular Nobby’s precinct, the location offers an enviable lifestyle where cafés, dining, and coastal living seamlessly connect from morning through to night.
Set within a tightly held address, 1/116 Petrel Avenue invites its new owners to become part of a suburb that continues to grow, thrive, and captivate. Whether you’re a first-home buyer seeking a refined coastal entry, a young couple embracing the beachside lifestyle, or an investor looking for a smart addition in a blue-chip location, this is an offering that balances lifestyle appeal with long-term value.
A rare opportunity to call Mermaid Beach home — or invest with confidence — in a location that truly has it all.
Key Restaurants, bars and cafes:
- Moustache, wine bar & restaurant
- Lars Bar & Grill
- Norte & Sueno Roof top
- BSKT cafe
- Holiday cafe
- MexiCali bar Y Taqueria
- Gemellini
Key facts:
- YEAR BUILT: 1978
- BUILDING BLOCK SIZE: 809m²
- UNITS IN THE BUILDING: 9
- UNIT INTERNAL SIZE: 80m²
- LAST RENOVATED: Approx 10 years ago
- BODY CORP: Approx $1,600 Bi-Annually
Contact Adrian Correa for more information or to register as a bidder at the upcoming Auction:
0400 060 351
adrian@preqld.com.au
Disclaimer: In preparing this information we have used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained here.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
$1,030,000
Auction 28th February at 10am
$450 PW
Median unit price trends
Comparing the price trend of units in Mermaid Beach against the state of Queensland over the last 4 years. Source: CoreLogic
Comparable properties
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Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
28 Days
House median days on market
25 Days
Unit median days on market
310 Properties
Sold in last 12 months
53 Properties
Available in the last month
Mermaid Beach residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
19-30
Is the most common age range
Renters
Most common occupant type
Other
Most common household profile
Professionals
Most common occupation
Apartments
Most common property type
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Mermaid Beach
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Gold Coast
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Queensland
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Median House: $1,689,352
Median Unit: $1,199,028
Median House: $2,096,468
Median Unit: $942,456
Median House: $1,785,074
Median Unit: $1,110,034
Frequently asked questions
1/116 Petrel Avenue is a Unit built in 1978 in Mermaid Beach, Queensland. Review photos and floor plans for more detail on the construction and condition of the property.
The property at 1/116 Petrel Avenue includes 2 bedrooms, 1 bathroom and parking for 1 car.
The internal floor area of the Unit at 1/116 Petrel Avenue, Mermaid Beach is approximately 80 square metres, which gives a guide to the amount of usable living space inside the property.
1/116 Petrel Avenue in Mermaid Beach, Queensland includes a range of local schools, shops, public transport options and community facilities that support day to day living.
As of 2/1/2026, the property at 1/116 Petrel Avenue is recorded as sold.


