COAST’S BEST STREETS
IT’S long been known as Millionaire’s Row for its stunning mansions and the A-listers who live in them, but now it has a new claim to fame.
Hedges Ave at Mermaid Beach has been selected the Gold Coast’s best street in a vote by the city’s leading real estate industry identities.
The Bulletin asked 20 prominent agents to nominate the best five streets on the Glitter Strip.
They were then rated from one to five with the top picks achieving five points down to the fifth choice getting one point.
Using this method, Hedges Ave came out tops with 63 points and 16 No.1 votes.
Monaco St at Broadbeach Waters; Commodore Dr in Surfers Paradise; Albatross Ave, Mermaid Beach; and Admiralty Dr, Surfers Paradise, filled the top five.
John Henderson Professionals Mermaid Beach director Luke Henderson rated Hedges Ave the best street.
“It’s probably the most wellknown street in Queensland.
“There’s a lot of high-profile identities that live on the street and a lot of the properties have been under the same ownership for decades.”
Mr Henderson said the street’s beachfront location with easy access to restaurants and cafes made it so popular.
He thought Albatross Ave would have rated higher than Monaco St and Commodore Dr for this reason.
Kollosche Prestige Agents managing director Michael Kollosche rated Hedges and Albatross avenues equal best, mainly because of their beachfront lifestyle.
“It’s also a low-density suburb which means they don’t have significant highrises,” he said. “It’s an area that’s always going to remain tightly held.”
Ray White Surfers Paradise chief executive Andrew Bell chose Monaco St as his top pick.
“It’s a magnificent street with some of the best homes on the Gold Coast,” he said. “They’re really quite different architecturally. None of them are the same.”
He argued the properties made Monaco St so popular, which wasn’t necessarily the case with Hedges and Albatross avenues.
“It’s lifestyle that drives property values and demand,” Mr Bell said. “It’s the beach that drives Hedges Ave, not the houses.”
He wasn’t surprised with the results of the vote but said other areas would rival them in coming years.
“It’s wonderful to see the city is getting greater diversity, that there are now more and more up-and-coming streets that are offering people fantastic properties,” Mr Bell said.