5/198B Hedges Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
 
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5/198B Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 236m2
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Property Details for 5/198b Hedges Ave, Mermaid Beach

5/198b Hedges Ave, Mermaid Beach is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 236m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 1999.

Building Type
Unit
Year Built
1981
Floor Size
124m2
Land Size
236m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4060

Last Listing description (December 2018)

In a small block of 5 units this renovated 3-bedroom 1-bathroom 1-car unit one floor off the ground is the perfect beachside unit. Walk just 60m up the street and youre on the beach, around the corner to cafes and the surf club, then its a ten-minute walk to the heart of Broadbeach and everything thats on offer there, The Star Casino, Oasis Shopping Centre, The Gold Coast Convention Centre, Restaurants such as the famous Koi Restaurant and Bar ETC ETC .
Features Include:
* 3 bedrooms

* 1 bathroom
* Carport
* Situated in small block of only 5 units
* Close to everything that locals love about Mermaid Beach
Would you like to inspect this property? If you would like to view this property, simply click on email the agent' add your contact details and we will contact you to book in a time and day that suits you.

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Property History for 5/198b Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$145,000
23 Jul 1999
  • 30 Jun 2018
    Listed for Sale $520,000
  • 23 Jul 1999
    Sold for $145,000
  • 29 Nov 1990
    Sold for $130,000
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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

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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