3/61 Hedges Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

3/61 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 9 Feb 2026
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Property Details for 3/61 Hedges Ave, Mermaid Beach

3/61 Hedges Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (September 2024)

What an opportunity! Here is your chance to secure an exclusive, beachfront apartment on the famous 'Millionaire's Row'! Rarely do properties like this become available!
Featuring a rare ground floor position, 2 bedrooms, 1 bathroom (Plus Powder), separate laundry and undercover car space - This is a property not to be missed! Situated in the exclusive block of 'Laguna', this apartment is 1 of only 6 properties situated on a highly sought after, 809m2 corner block (Double Block).

The sunny and light open plan kitchen, dining and lounge makes the most of the magnificent views opening onto the balcony, allowing you to sit back in comfort while you take in the serenity, watching the waves roll in while listening to the peaceful and calming sound of the ocean.

Enhanced by its corner position, which allows for sunny coastal breezes and breathtaking scenery, the east-facing balcony and living area provides a sunny aspect with direct views of the beach, perfect for enjoying the coastal lifestyle.

Boasting stunning ocean views with green space leading down to the sand, you will be the envy of your friends and family with a residence such as this.
Whether you are looking for a new address, holiday apartment or investment - this property provides it all! With a huge redevelopment upside, this property is a MUST to inspect!

This property presents an outstanding opportunity in an irreplaceable position on the highly sought-after Hedges Avenue, in the heart of Mermaid Beach.

Features:

Absolute beachfront position in a small block of apartments
2 bedrooms
Ground floor position
Stunning ocean views
Basement parking
Massive redevelopment upside
Corner position capturing sunny aspect and coastal breezes
Vibrant and exclusive neighbourhood

Located within walking distance to the highly sought-after buzzing neighbourhood of Nobby Beach on the stunning Gold Coast, this apartment is surrounded by pristine sandy beaches ideal for swimming, surfing, and sunbathing.

Stroll to the Nobby Beach Shopping Precinct, offering a diverse range of amenities, including boutique shops, trendy cafes, gourmet restaurants, and lively bars such as Bine and Nobbys Arc. The area's bustling atmosphere is further enhanced by the new "Oxley" development.

The highly anticipated Light Rail stage will add further convenience, with a soon-to-be-completed tram station just a short walk away, connecting you through Mermaid Beach to the northern Gold Coast and south to Burleigh, expected completion late 2025.

This is your opportunity to secure your piece of exclusive beachfront property. Will be sold at Auction, if not prior.

For a copy of the Information Memorandum and more details about this exclusive once-in-a-lifetime opportunity, contact our sales agents Matt Maguire on 0437 002 952.

-COUNCIL RATES: TBA
-WATER RATES: TBA
-BODY CORPORATE: $119.23 per week (approx.)

Auction Information:
Auction will be held On-Site at 11:30am Saturday 7th of September 2024
Deposit: $150,000
Settlement: 30 or 90 Days (Buyers Choice)

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

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

A timeline of how this property has performed in the market
Listed for Rent
$900/w
25 Nov 2024
  • 15 Aug 2024
    Listed for Sale Auction
  • 07 May 2021
    Listed for Sale $1,270,000
  • 10 Dec 2020
    Listed for Rent $620 / week
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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 5,844 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.