5/198C Hedges AvenueMermaid Beach QLD 4218
Property Details for 5/198c Hedges Ave, Mermaid Beach
5/198c Hedges Ave, Mermaid Beach is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 122m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (August 2019)
Hurry and secure this rarely available opportunity to purchase a spacious 3 bedroom beachside apartment in this prime and highly desirable Mermaid Beach location!
Grab your surfboard as you're situated mere metres to the beach and Mermaid Beach Surf Club and just a few minute's walk to the restaurant's and cafes of Mermaid Beach. You would be hard pressed to find a better location, this property is all about the lifestyle.
Positioned at the end of a quiet cul-de-sac with no through traffic, this fantastic position offers you a Hedges Avenue address but without the price tag!
Enjoy long beach walks, early morning swims, afternoon surfs, and a beachside position many only dream of!
- 3 bedrooms, 1 bathroom
- Potential for future redevelopment, set in a boutique block of just 5 units on a large 1,141m2 land area
- Easterly aspect
- Ducted zoned air-conditioning
- Modern kitchen with gas cooking
- Separate lounge and dining areas
- Located on first floor to catch the open breezes
- Hedges Avenue address
- Secure single automatic lock up garage
- Close to Mermaid Surf Club, Pacific Fair, Broadbeach mall, local restaurants, cafes, shops, parkland and public transport
- Body Corporate approx. $35 per week
- Council Rates approx. $2,300 per annum
- Water Rates approx. $1,368 per annum
- Rental estimate: approx. $550 per week
3 bedroom units are truly rare and highly desirable to any buyer. Priced to sell quickly with no extra money to be spent, this fabulous unit will not last long on the market, so act quickly to take advantage of this fantastic opportunity to move into the neighbourhood!
Contact Cindy Katene or Luke Henderson today to arrange your viewing today!
Potential buyers should make their own inspections and enquiries and seek their own independent advice before signing a contract of sale, to satisfy themselves that the property meets their requirements.
Property History for 5/198c Hedges Ave, Mermaid Beach, QLD 4218
- 07 Jun 2019Sold for $560,000
- 08 Apr 2019Listed for Sale Price Reduced to $585,000
- 18 Feb 2017Sold for $527,000
Recent sales nearby
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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.
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