SOLD
Sold on 05 Apr 2024 for $2,850,000

1802/272 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 155m2
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Property Details for 1802/272 Hedges Ave, Mermaid Beach

1802/272 Hedges Ave, Mermaid Beach is a bedroom, bathroom Unit. The property has a land size of 155m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Land Size
155m2
Local Government
Gold Coast City
Lot/Plan
1802/SP288108

Property History for 1802/272 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,850,000
05 Apr 2024
  • 05 Apr 2024
    Sold for $2,850,000
  • 05 Jul 2018
    Sold for $1,452,640

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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016.

Mermaid Beach has 5,597 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 40 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.