3/121 Hedges Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

3/121 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 154m2
Land area: 225m2
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Last updated 9 Feb 2026
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Property Details for 3/121 Hedges Ave, Mermaid Beach

3/121 Hedges Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 225m2 and floor size of 154m2.

Building Type
Unit
Floor Size
154m2
Land Size
225m2
Local Government
Gold Coast City

Last Listing description (November 2018)

Exceptionally Rare - Entire floor Hedges Avenue apartment
This luxury apartment on Millionaire's Row in Mermaid Beach boasts one of the most sought after addresses in Queensland.
Upon purchase, you will have possession of the entire third floor of this absolute beachfront luxury residence, with sweeping north-easterly views across the Pacific Ocean. Your views can never be built out so there is nothing left to do but relax from your own balcony and watch the waves roll in.

Only 6 exclusive apartments occupy the famed Solano' building, set on the corner of Hedges Avenue over 779m2 of beachfront land. Very rarely do these apartments become available for sale. This boutique building has recently undergone a major refurbishment, including a new lift which is currently being installed.
Whether you want to reside, invest or make this your home away from home - this is your opportunity. Our motivated seller has told us that he wants this property sold!
Features:
- Entire 3rd floor absolute beachfront apartment
- Irreplaceable corner position in one of the Gold Coast's premiere beachfront locations
- Sought after North facing corner position with never to be built out ocean views
- 3 well sized bedrooms, each with private balcony access and wardrobes, including master with private ensuite
- Spacious, light filled and fully tiled open plan living and kitchen area with ocean views
- Four balconies in total with water views
- Secure single basement car park
- Recently refurbished building of only 6 units set on a large 779m2 beachfront block with direct beach access, in-ground pool and security intercom access
- Short stroll to your choice of some of the best cafes and restaurants on the Gold Coast
- Basement security parking, intercom security access, a sparkling beachfront pool and direct access to the sand
As one of the most prestigious positions in Mermaid Beach, enjoy the lifestyle that this location affords you. With award-winning dining from Little Truffle, Etsu, Bonita Bonita and local favourite Glenelg Public House, you will never go hungry. Relax at all the local hotspots and cafes and just soak in the unique vibe that makes Mermaid Beach so special.
With the light rail due to commence over the next couple of years, Mermaid Beach will be in more demand than ever.
Council rates: approx. $7,541 per annum
Water: approx. $1,293 per annum
Body corporate fees: approx. $189 per week
Tenancy: Recently tenanted at $820 per week
We challenge you to find better value on the beachfront than this! Make no mistake, it's got to go! Contact Luke Henderson or Andrew Henderson today for further information or to arrange your confidential inspection.

Property History for 3/121 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 23 Aug 2018
    Listed for Sale $1,295,000
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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 2.0% of 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 5,843 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 70.23% increase in median value, while Units have seen a 100.06% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Beach is $2,589,068 while the median value for Units is $1,097,445.
  • Houses have a median rent of $875 while Units have a median rent of $820.
There are currently 51 properties listed for sale, and 23 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 313 properties were sold in the past 12 months in Mermaid beach.

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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.