SOLD
Sold on 11 Sep 2024 for $2,500,000

61 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 338m2
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Property Details for Lot 3a/61 Hedges Ave, Mermaid Beach

Lot 3a/61 Hedges Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 338m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
97m2
Land Size
338m2
Local Government
Gold Coast City
Lot/Plan
3A/BUP1774

Last Listing description (June 2011)

IT'S BEACHFRONT, IT'S HEDGES AND IT'S A BARGAIN..
This fully refurbished ground floor apartment looks directly out through floor to ceiling windows to the mesmerising and hypnotic waves of the Pacific Ocean. Located on a Blue Chip, 810m² corner block of prime Hedges Ave beachfront land, this is an opportunity that is rarely available. Buy now and move in to, a stunning place to live, or land bank and wait for future development, the choice is yours.
Features include:

- Small block of only 6 units in an Incredible Beachfront Position
- Tastefully refurbished throughout
- Ground floor opens through sliding doors to a grass garden that's leads directly to the beach
- 2 Spacious Bedrooms, 1 Bathroom
- Breathtaking Beach and Ocean Views from kitchen and open plan living area.
- Low Body Corp fees
An opportunity to invest in a highly sought after corner block of prime beachfront land is extremely rare and is sure to disappear fast, don't miss out, inquire today!
A copy of the Sustainability Declaration is held by the AGENCY.

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Property History for Lot 3a/61 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,500,000
11 Sep 2024
Listed for Rent
$365/w
19 Mar 2009
  • 11 Sep 2024
    Sold for $2,500,000
  • 05 May 2021
    Sold for $1,270,000
  • 12 Jul 2011
    Sold for $648,000
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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 5,723 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 79.42% increase in median value, while Units have seen a 105.25% increase. As at 28 February 2025:

  • The median value for Houses in Mermaid Beach is $2,602,622 while the median value for Units is $996,470.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 54 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Mermaid beach.

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