Mermaid Beach
Hedges Avenue Prestige
About Mermaid Beach
Mermaid Beach, home to the legendary Hedges Avenue "Millionaire's Row," represents the pinnacle of Gold Coast beachfront luxury.
Lifestyle
This exclusive enclave offers direct beach access, a relaxed atmosphere, and proximity to Nobby Beach's dining scene. Strict zoning maintains the low-density character that attracts discerning buyers seeking privacy and space.
Property Types
Architectural masterpieces line Hedges Avenue, with absolute beachfront homes regularly trading above $10 million. Boutique apartment buildings and quality homes in surrounding streets offer entry points to this prestigious address.
Buyer Profile
Ultra-high-net-worth buyers, often from Sydney and Melbourne, seek trophy homes on Hedges Avenue. Local upgrade buyers and investors also compete for limited stock throughout the suburb.
Market Insights
With median house prices showing 18%+ annual growth and Hedges Avenue properties setting records, Mermaid Beach exemplifies the strength of Gold Coast prestige property. Scarcity drives sustained demand.