OFF MARKET

85 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 405m2
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Property Details for 85 Hedges Ave, Mermaid Beach

85 Hedges Ave, Mermaid Beach is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in January 2001.

Building Type
House
Year Built
1960
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
1/RP130054

Last Listing description (January 2010)

Oceanside of Hedges Avenue, excellent ocean view! This property suggests an affordable land bank opportunity while you hold this key stone position for future development. Secure this 405m2 site and create an architectural statement that can be as loud or as understated as your personality desires. Located on one of the highest points of the beachfront at Mermaid Beach this locale is the primary choice of astute absolute beachfront dwellers. The neighbouring properties dictate that now and well into the future this general position holds a significant opportunity for creating the pinnacle of the Hedges Avenue street scape. Safe and direct access to a patrolled beach, safe investing when you time ownership of a Hedges Avenue address.

- Direct access to patrolled beach
- Semi dual living, wood fire place

- 20m x 20m block beachside Hedges
- High demand rental, minimal vacancy
- Corner of Hilda Street & Hedges Ave
- Surplus to owners property portfolio
- Full property report available

To obtain a copy of the Sustainability Declaration for this property please contact our office or the agent direct.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 85 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,190,000
20 Jan 2001
Listed for Rent
$2.50k/w
27 May 2010
  • 07 May 2010
    Listed for Rent - Price not available
  • 24 Dec 2009
    Listed for Sale Auction
  • 07 Dec 2005
    Listed for Rent - Price not available
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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 5,594 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 39 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 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.