Mermaid Beach at a glance
7,183
People
$3,510,000
Median sale
$929/wk
Median rent
1.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
QLD › Mermaid Beach › Petrel Ave
4
Bedrooms
2
Bathrooms
6
Car spaces
405 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mermaid Beach (last 5 years) with land size have a median of $8,926/m² of land (n=24). Districts calculation from recorded sales — not a valuation.
Mermaid Beach at a glance
7,183
People
$3,510,000
Median sale
$929/wk
Median rent
1.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
City Plan
Zone
Medium density residential
Medium density residential
Jurisdiction
City of Gold Coast
Gold Coast, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Medium density residential (City Plan). Official parcel area about 406 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $929/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Medium density residential (City Plan). Official parcel area about 406 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mermaid Beach at a glance
7,183
People
$3,510,000
Median sale
$929/wk
Median rent
1.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Malan + CoCarefully curated with sophistication and timeless elegance, this modern coastal home presents as the idyllic beachside entertainer in the most enviable of locations. Beautifully appointed, this two-storey residence offers a rare opportunity to secure a contemporary family home, capturing the true essence of lifestyle.
Indulge in tranquillity as you're welcomed into light-filled interiors, soaring ceilings and a grand void accentuating the feeling of space. Masterfully designed, the expansive open-plan living, kitchen and dining seamlessly flows to the gourmet kitchen, complete with butlers pantry, premium appliances and ample storage. Effortlessly extending from the living, the cohesive flow is carried to the covered patio, designed for entertaining this lush sanctuary draped in festoon lights complete with built-in BBQ, flourishing private gardens and an outdoor shower.
On the main living level, your multipurpose room offers a versatile space ideal for a home office, as well as study nook, a powder room, a large laundry and a secure oversized double garage with ample storage. Your secure gated entrance provides additional parking for up to four vehicles, a boat, jet skis or a caravan.
Rich timber stairs take you to the second level, where you're greeted to an additional living area providing a retreat and serene space, while your master suite designed as your haven is complete with walk-in wardrobe, ensuite with double vanity, large shower and separate toilet. Three spacious additional bedrooms are serviced by a well-appointed shared bathroom and a separate toilet, offering both comfort and privacy for the entire family.
Property Features:
-Positioned in a tightly held pocket on a 405sqm block with 12.4m frontage.
-4 spacious bedrooms, 2.5 contemporary bathrooms and 2 inviting living areas.
-Multipurpose room providing an ideal space for home office or additional fifth bedroom.
-Light-filled open-plan kitchen, living and dining with expansive ceilings.
-Gourmet kitchen complete with butlers pantry, premium appliances and gas cooktop.
-Additional study nook in the living room.
-Expansive covered outdoor entertaining area with built-in BBQ and private gardens.
-Fully fenced backyard with flourishing landscaping and outdoor shower.
-Resurfaced concrete driveway, patio and side access.
-Newly installed flooring throughout.
-Gas hot water system.
-An oversized double garage with ample storage.
-A secure gated entrance with space for an additional four vehicles, boat, jet skis or caravan.
-Fantastic drainage with underground water tanks, ensuring a well-maintained and functional property.
-Approval for a backyard pool.
-Built in 2015.
Positioned in a highly converted and tightly held street of Mermaid Beach, this home is just 250m to Mermaid Beach, 150m to The Oxley shopping and dining precinct, fine dining and boutique shopping, 250m to BSKT Café and Nobby Beach Surf Club, and just moments to the future Light Rail Station.
Arrange your inspection with Brad Payne today and secure your place in one of Mermaid Beach's most desirable pockets.
Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.
Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection.
Listing description written by Brad Payne, Ray White Malan + Co — reproduced as published, not verified by Districts.