2/238 Hedges Avenue, Mermaid Beach, QLD 4218 | DuplexSemi-detached for sale | OnTheHouse
FOR SALE
Offers Over $4,500,000

2/238 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: 5
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Beachside Sanctuary on Hedges Avenue with Ocean Views

**INSPECTIONS AVAILABLE BY APPOINTMENT**
Gracing iconic Hedges Avenue, a name synonymous with luxury and exclusivity, this multi-level coastal retreat lies just metres from the patrolled sands of Mermaid Beach, delivering a rare opportunity to secure one of the Gold Coast's most celebrated beachside addresses.
Spanning four levels of living, plus a four-car basement, and serviced by a private internal lift, the residence perfectly captures the essence of coastal elegance while offering privacy and refinement in equal measure. The main level centres around an open-plan kitchen, dining and lounge that extends to an east-facing terrace, creating a seamless setting for relaxed entertaining.
A dedicated accommodation level provides separation for family or guests, featuring three bedrooms and two bathrooms. Above, the master suite unfolds as a private retreat, where mornings begin on the balcony with ocean sunrises and glimpses of life along the Hedges Avenue strip, complemented by an integrated workspace and built-in wet bar.
Crowning 2/238 Hedges, the rooftop terrace is the showpiece - an expansive entertaining domain with a covered BBQ area and built-in island bench. From azure sea vistas to glowing hinterland sunsets and skyline lights stretching north and south, the panorama is extraordinary - particularly on New Year's Eve, when fireworks illuminate the horizon.
Key Features & Inclusions
• Multi-level beachside retreat on prestigious Hedges Avenue, Mermaid Beach
• Ocean views from multiple levels and only metres from patrolled swimming beach (positioned between Peerless Avenue and Sunbrite Avenue)
• Rooftop terrace with 360° views, covered BBQ area, built-in island bench, space for outdoor dining
• Lock-and-leave, low-maintenance design with lush, established landscaping
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Property Details for 2/238 Hedges Ave, Mermaid Beach

2/238 Hedges Ave, Mermaid Beach is a 4 bedroom, 3 bathroom DuplexSemi-detached with 5 parking spaces. The place is currently for sale with COASTAL °.

Building Type
DuplexSemi-detached
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the total area. The population of Mermaid Beach in 2016 was 6533 people. By 2021 the population was 7329 showing a population growth of 12.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation.In 2021, 50.80% of the homes in Mermaid Beach were owner-occupied compared with 43.50% in 2016.

Mermaid Beach has 5,873 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 40.80% increase in median value, while Units have seen a 72.73% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Beach is $2,903,254 while the median value for Units is $1,117,658.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 70 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 305 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Guy Powell
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Josie Ross
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.