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5/158 Hedges Avenue, Mermaid Beach$900,000
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Soldhouse

5/158 Hedges Avenue

Mermaid Beach, QLD 4218, Australia
$900,000
1 bed 1 bath 1 car88 m²

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About this property

The address says it all. Positioned on prestigious Hedges Avenue, this is your chance to secure a foothold in one of the Gold Coast's most tightly held beachside locations. Set within a boutique corner complex directly across the road from the stunning sands of Mermaid Beach, this one-bedroom apartment presents an outstanding opportunity for first-home buyers, investors, or those simply wanting the lifestyle and prestige that comes with a Hedges Avenue address. Property Features - East-facing balcony - the perfect place to unwind, relax and take in the ocean views - Original yet immaculate apartment offering move-in comfort with scope to add your own personal touches - Large open plan living area flowing through to the kitchen and filled with abundant natural light - Spacious bedroom with built-in robe, filled with natural light and opening out to an oversized balcony - Small boutique corner complex of just 15 apartments offering privacy and exclusivity, featuring excellent on-site facilities including a sun-drenched pool and sauna, along with a rooftop garden terrace capturing 360-degree views across the Gold Coast - Secure underground basement car space, although you may not need the car with everything on your doorstep - just a short walk to some of the best cafés, surf clubs and nightlife across Mermaid Beach and Broadbeach - Currently tenanted for $655 per week, lease in place November 2026 - Reasonable body corporate rates of $157 per week, supported by a healthy sinking fund balance of $85,600 - Gold Coast City Council rates of $4,108 per annum Water rates of $1,002 per annum So if you want to be part of the prestigious Hedges Avenue lifestyle, here is your opportunity to secure your place in this tightly held beachside address. Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connected with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon, and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note that the prices displayed on the Website are current at the time of issue but are subject to change.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
88 m²
Listed
2 months ago

Repayment calculator

$4,363/month
$2,182 /fortnight
Loan $720,000 at 6.10% over 30 years

Upfront costs

Deposit$180,000
Stamp duty$33,525
Conveyancing (est.)$2,000
Total upfront$215,525
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mermaid Beach

This 1-bedroom house in Mermaid Beach, QLD 4218 sits within reach of public transport, local shops local amenities. It is listed 36% below the $1.40m median of 58 comparable houseswithin 5 km.

What's nearby

  • Gold Coast Hwy at Ocean Street (bus)281 m away
  • Unnamed576 m away
  • Unnamed124 m away
  • St Johns Park236 m away
  • Unnamed281 m away

Mermaid Beach at a glance

Full suburb profile
Population
7,329
Median age
35
Household income
$1,895/wk
Median rent
$460/wk
Median mortgage
$1,820/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mermaid Beach price trend

Median sold · House 4 bed

Compound growth +9.9% / yr over 4 yrs

$4.17mcurrent median

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