OFF MARKET

89 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 405m2
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Last updated 11 Nov 2024
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Property Details for 89 Hedges Ave, Mermaid Beach

89 Hedges Ave, Mermaid Beach is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in July 2004.

Building Type
House
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
61/RP40600

Last Listing description (July 2011)

Renovated 2 Bedroom Ground Floor Unit - You Must Inspect
This 2 bedroom unit is situated on the ground floor in a small block of 6, with massive redevelopment potential in a beachfront location cornering prestigious Hedges Avenue and Seabeach Avenue, with a land area of 809m2.
Recently and fabulously renovated, with the living space opening onto the north east facing balcony with views over the Pacific Ocean.

- 2 Bedrooms, 1 bathroom + 2nd toilet
- Ocean views
- Beachfront
- Corner position
- Ground floor
- Think of the redevelopment potential
- Highly desirable larger 809 square metre site
- Small residential building of only 6 units
- Only a few short steps the surf and sand
Buy today while beachfront is affordable, as once the market moves this quality position will be out of the reach of most buyers.
This will be the best financial decision that you will ever make.
A copy of the Sustainability Declaration for this property is available from the agents office.

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Property History for 89 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,700,000
17 Jul 2004
  • 19 Jun 2011
    Listed for Sale $699,000
  • 16 Apr 2010
    Listed for Sale $999,000
  • 17 Jul 2004
    Sold for $3,700,000
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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 5,608 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 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Mermaid beach.

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