28 Portobello Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

28 Portobello Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: 8
Floor area: 328m2
Land area: 893m2
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Property Details for 28 Portobello Dr, Mermaid Waters

28 Portobello Dr, Mermaid Waters is a 4 bedroom, 3 bathroom House with 8 parking spaces and was built in 1990. The property has a land size of 893m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1990
Floor Size
328m2
Land Size
893m2
Local Government
Gold Coast City
Lot/Plan
571/RP226430

Last Listing description (January 2020)

Laid out over a single level all bedrooms are serviced by connecting bathrooms and the floor plan is such that the house has been separated into two living zones with a large kitchen in each.

There is no carpet in the house instead an allergy friendly, convenient flooring with a timber look throughout. The large, modern 2nd kitchen has a large breakfast bar and is complimented on that side of the dwelling with a renovated bathroom with free standing bath.

* Large 41 square home

* Sweeping 893 square metre block
* 2 kitchens, 4 bedrooms, 3 bathrooms
* Granite bench tops with gas hot plate
* Timber bench tops with induction hot plate
* Securely located behind gates
* Ducted air conditioning, security system
* Solar electricity, water and pool heating
* Quiet private court

There is access between each living zone which is handy if extended family takes up residence in the other side but this could easily be locked off if you chose to rent out or Airbnb.

The oversized double garage has internal access and there are three crossovers including an in-out driveway. The pool is accessed from the generous master bedroom and is solar heated with a pair of swim jets for a daily workout

The solar panels and solar hot water mean cheap electricity or even a generous rebate each quarter.

Behind the gates are only twenty-four homes, including some magnificent waterfront properties, and it's a great place to raise a family with the comfort of the extra security.

A short walk or bike ride will get you to the Q Super Centre plus the new 42ha master planned community at The Lakes. Developers Sunland will create a $100 million leisure-lifestyle retail village, called The Lanes', featuring 17,135sq m of urban laneways incorporating cafe and dining experiences, a green market square and international-grade showrooms, connected to the broader community by a waterfront promenade and expansive green space.

For a coastal suburb, Mermaid Waters is fast developing an inner city feel, with new homes, townhouses and villa developments built on canals, man-made lakes and dry lots catering to a diverse range of residents.

Most of the older established homes have been bought extensively renovated or rebuilt because of the ideal location of the suburb.

Although city living often means a high-rise landscape and the hustle and bustle of traffic, Mermaid Waters has maintained a relaxed coastal lifestyle. While retirees enjoy the leisure of coastal living, couples, and families in particular, make up a large percentage of the residents attracted by easy access to modern amenities.

Mermaid Waters is conveniently located within 10 minutes of Miami State School, Miami High School and Merrimac High School, a hospital, the Q Super Centre, Pacific Fair and Robina Town Centre.

Leisure activities such as cinemas, a mass of restaurants and the beach are close by, as are the Gold Coast, Burleigh, Robina and Surfers Paradise golf courses. For those who want a good education, the Bond University is also a short drive away.

Property History for 28 Portobello Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$942,900
08 Jul 2020
  • 08 Jul 2020
    Sold for $942,900
  • 06 Nov 2019
    Listed for Sale $989,000
  • 14 May 2018
    Sold for $800,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. There are 23 parks, covering nearly 7.3% of the total area. The population of Mermaid Waters in 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation.In 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.

Mermaid Waters has 6,222 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 53 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.