A Closer Look At Hedges Avenue

WORDS BY – Brodie Low
Hedges Avenue in Mermaid Beach, located on the Gold Coast of Queensland, Australia, is a highly sought-after address that boasts stunning ocean views, luxurious properties, and a prime location close to all of the amenities and attractions that the Gold Coast has to offer.
Located on the 1.7-kilometre glitter strip of the Gold Coasts’ most known suburbs between Mermaid Beach and Broadbeach, Hedges brings luxury coastal living to a whole new level. One of the standout features of Hedges Avenue is its proximity to the beach. The properties along the avenue are just steps away from the golden sands and crystal-clear waters of the Pacific Ocean, making it a dream location for those who love to surf, swim, or simply soak up the sun. Development here is regulated with a height limit of three storeys which maintains a residential suburb feel as opposed to the likes of skyscrapers that you see in the heart of Broadbeach and Surfers Paradise.
But it’s not just the beach that makes Hedges Avenue so desirable. The properties themselves are some of the most impressive and luxurious on the Gold Coast. Many of them are large, modern mansions with expansive outdoor spaces and features such as swimming pools, tennis courts, and private beach access. The beachside abodes that have been built here over the years only get more magnificent in their stature attained by the mega-rich and famous.
It is the most sought-after address, with Australian business magnets such as Clive Palmer buying in at $12 million for a five-bedroom mansion back in 2018. Pointbet’s Andrew Fahey paid $17.5 million for the land alone last August 2022 and Harvey Norman executive Steve Cavalier bought for a whopping $19 million back in 2006.
Despite their size and opulence, the properties on Hedges Avenue are also known for their privacy and seclusion. Many of the homes are set back from the road behind tall hedges or walls, providing a sense of peace and tranquillity that is rare in such a prime location. Of course, all of this luxury and exclusivity comes at a price, making it one of the most expensive streets in Australia. But for those who can afford it, the investment is well worth it, as Hedges Avenue properties are highly sought-after and likely to retain their value for years to come.

Prices have boomed and continue to climb as residents see homes as a privilege to keep and enjoy rather than an investment priced to sell. It is a tightly held market, with only a few sales per year entering the market, with most selling off market. Hedges is the Gold Coast’s Wolseley Road in Point Piper or St Georges Avenue in Toorak . Being a one-way street, Hedges sees less traffic as it flows vehicles from South to North sharing with bikes, runners and walkers.

In addition to its proximity to the beach and its luxurious properties, Hedges Avenue is also a prime location for those who enjoy shopping, dining, and entertainment. The avenue is just a short drive away from the bustling hubs of Broadbeach and Surfers Paradise, where you’ll find some of the Gold Coast’s best restaurants, cafes, bars, and boutiques. With Pacific Fair Shopping Centre, The Star Casino and The Gold Coast Convention and Exhibition Centre all minutes away, it’s no wonder Hedges Avenue is one of Australia’s most desirable locations.

CONTINUE READING

Related Posts