18/168 Hedges Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

18/168 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 386m2
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Property Details for 18/168 Hedges Ave, Mermaid Beach

18/168 Hedges Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 386m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1972
Floor Size
75m2
Land Size
386m2
Local Government
Gold Coast City
Lot/Plan
18/BUP696

Last Listing description (July 2024)

Case Study:
Method of Sale: Private Treaty
OFI Attendees: 17

Online Enquiries: 10
Number of Written Offers: 3
Days on Market: 20
Views Online: 2,675

The beach beckons from this low maintenance tastefully renovated apartment on Mermaid Beach's doorstep. Flooded with natural light, this bright and breezy apartment is perfectly positioned on the prestigious Millionaires row within a boutique building of just 19 units on a triple beachside 1,214sqm corner block.

Perfectly located between Broadbeach and Nobby's Beach, this residence is your gateway to an unparalleled lifestyle of luxury, convenience, and endless seaside adventures. Just steps away from the sand, surf and cafes including Rafiki and Mermaid Lifesaving Club. Enjoy breathtaking ocean views and the soothing sound of the waves right at your doorstep.

A harmonious blend of modern and vintage style tones, textures and finishes compliment the minimalistic luxury feel. Open plan living and dining spaces flow seamlessly to the North facing balcony that captures fantastic skyline, tree line and ocean vistas.

The sleek kitchen is equipped with top-of-the-range appliances, perfect for culinary enthusiasts and entertaining friends and family. Two generously sized light filled bedrooms both with built-in robes and ceilings fans. Both bedrooms serviced by their own fully renovated bathrooms.

Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, parklands, restaurants and bars, patrolled surfing beaches, Miami Marketta, Nobby's Precinct, Cafes on Hedges, Mermaid Park, public transport, local schools, retail shops, sporting facilities, Burleigh Golf Course, and the future light rail stage 3A development all only footsteps from your door.

Property Features:
2-bedroom, 2-bathroom, 1 car beachside apartment
Meticulously renovated with high-end finishes throughout
1 of only 19 units positioned on a triple beachside block (1,214sqm)
Modern and stylish design
Open plan living and dining spaces filled with natural light
Well-equipped modern kitchen with plenty of storage and quality appliances
Large bedroom with built-in robes and direct access to the balcony
Generously sized additional bedroom with built-ins, ensuite and ceiling fan
Renovated family bathroom with hidden recessed laundry
Fully ducted air-conditioning
Single lockup garage
Fully furnished with elegant and comfortable furniture

Property Specifics:
Council Rates: $1,559.64* per half year
Water Rates: $393.97* per quarter
Body Corporate: $112.39* per week
Currently Rented at $900 per week until 28th February 2025 with option for tenants to vacate by end of Oct/early Nov 2024
*Approx.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 18/168 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$980,000
28 Jun 2024
Listed for Rent
$850/w
14 Feb 2024
  • 28 Jun 2024
    Sold for $980,000
  • 04 Jun 2024
    Listed for Sale Sold - Open Home Cancelled
  • 14 Feb 2024
    Listed for Rent $850 / week
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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 5,881 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 53.89% increase in median value, while Units have seen a 79.61% increase. As at 30 June 2026:

  • The median value for Houses in Mermaid Beach is $3,031,364 while the median value for Units is $1,139,868.
  • Houses have a median rent of $1,400 while Units have a median rent of $830.
There are currently 64 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 336 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Cotality Copyright and Legal Disclaimers about Property Data
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.