Why locals are buying an Yves, Mermaid Beach apartment

Half of the apartments in Yves were snapped up in the first two months of marketing, unsurprisingly with locals dominating the purchasing.

Why locals are buying an Yves, Mermaid Beach apartment
Render looking out past the Yves development. Credit: Rothelowman

Hirsch & Faigen’s $200 million Yves, Mermaid Beach development is proving to be a quick hit amongst local buyers, with one of its 145 apartments snapped up by Gold Coast couple Mark and Renee Rooney.

Varsity Lakes local Mark Rooney says he and his wife based their purchase off a list of 60 different criteria, ranging from living and communal spaces to the ceiling height and interior aesthetics.

Half of the apartments in Yves were snapped up in the first two months of marketing, unsurprisingly with locals dominating the purchasing.

For the Rooney’s, Yves long term growth and advantages, alongside its architecturally acclaimed design, ticked all the boxes of their detailed criteria list and ultimately sealed the deal.

“We looked at five or six other developments first and did an analysis of which one we thought provided the best short-, medium- and long-term growth and advantages for myself and my wife, and Yves proved to be most favourable in that respect,” said Rooney.

“The quality and pedigree of the developer, the architect and the builder were the next things we looked at and when all 60 criteria were analysed against some of the other developments, Yves undoubtedly came out on top.

“The unique and luxurious living and communal spaces throughout Yves feature uncompromising commitment to design, sustainability and usability which was also a key component in our criteria.

“Entering back into the property market we had a list of 60 criteria we needed the development to meet, and the fact that Yves ticked all our boxes is a testament to the quality of this project.”

Rooney said Yves serene beachside location further cemented his desire for the development, also citing the surrounding amenities as its major draw cards.

“My mum has been living in this prestigious pocket of the Gold Coast for over 30 years and she absolutely loves it, so we were confident moving to the area,” said Rooney.

“Yves central Mermaid Beach location is simply unrivalled, we have an abundance of enriching dining, shopping and entertainment precincts, as well as a pristine beach, right at our doorstep.”

Developers, Hirsch & Faigen, had previously caught the attention of the Rooney clan with their interstate projects and most recently, the Kirra Beach development of Emerson.

“I’m originally from Sydney and my wife is from Melbourne and Hirsch & Faigen have done developments across the country, making a nationwide name for themselves,” he said.

“After seeing theirs and Rothelowman Architects’ portfolio of projects on the Gold Coast, Sydney and Melbourne, we were really impressed, especially with Hirsch & Faigen’s distinct style,” he added.

Upon completion, Yves will comprise a mix of one, two and three-bedroom designs, in addition to the premium offerings of two four-bedroom, half-floor sub-penthouses and a single full-floor penthouse.

Apartments in Yves, Mermaid Beach - 7-9 Mermaid Avenue, Mermaid Beach

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2 bedrooms from $875,000
  • Bed
    2
  • Bath
    2
  • Car
    1
  • Area
    95.00m²
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2 bedrooms from $995,000
  • Bed
    2
  • Study
    1
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    2
  • Car
    1
  • Area
    106.00m²
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2 bedrooms from $1,200,000
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    2
  • Study
    1
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    2
  • Car
    1
  • Area
    107.00m²
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2 bedrooms from $1,250,000
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    2
  • Study
    1
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    2
  • Car
    1
  • Area
    98.00m²
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3 bedrooms from $1,340,000
  • Bed
    3
  • Bath
    2
  • Car
    1
  • Area
    127.00m²
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3 bedrooms from $1,650,000
  • Bed
    3
  • Study
    1
  • Bath
    3
  • Car
    2
  • Area
    140.00m²
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3 bedrooms from $2,100,000
  • Bed
    3
  • Study
    1
  • Bath
    2
  • Car
    2
  • Area
    169.00m²
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3 bedrooms from $2,595,000
  • Bed
    3
  • Study
    1
  • Bath
    2
  • Car
    1
  • Area
    114.00m²
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4 bedrooms from $4,500,000
  • Bed
    4
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    1
  • Bath
    3
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    3
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4 bedrooms from $6,000,000
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    4
  • Study
    1
  • Bath
    4
  • Car
    4
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Alison Warters

Alison Warters

Alison Warters is a property journalist for Urban, based in Sydney. Alison is especially interested in the evolution of the New Build/Development space, when it comes to design innovation and sustainability.

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Mermaid Beach Queensland apartments Gold Coast

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