37 Portobello Drive, Mermaid Waters, QLD 4218 sold on 14 November 2025 | OnTheHouse
SOLD
Sold on 14 Nov 2025 for $2,500,000

37 Portobello Drive
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 292m2
Land area: 973m2
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Property Details for 37 Portobello Dr, Mermaid Waters

37 Portobello Dr, Mermaid Waters is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 973m2 and floor size of 292m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 5 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1992
Floor Size
292m2
Land Size
973m2
Local Government
Gold Coast City
Lot/Plan
556/RP226430

Last Listing description (March 2026)

Open home cancelled! Sold!Welcome to 37 Portobello Drive, where location, lifestyle and comfort come together in perfect harmony.Set within a private, gated estate in the heart of Mermaid Waters, this well maintained single-level family home offers a rare blend of tranquillity, convenience and effortless living.Positioned on a generous 973m waterfront block with approx 22.5m of water frontage, this home captures the best of Gold Coast living - peaceful mornings by the water, afternoons by the pool, and weekends spent enjoying the nearby beaches, cafs and restaurants.Inside, the home is beautifully presented - neat, modern and spacious, with multiple living zones including a media room, open-plan family area, and a large entertainer's kitchen at the heart of it all.Step outside and you'll discover a lifestyle made for entertaining - a covered alfresco pavilion, resort-style pool and spa, and a secure grassy yard perfect for kids or pets. With waterways approval, you can even install your own pontoon, ready for kayaking, fishing, or enjoying the waterways right from your backyard.The master suite enjoys peaceful water views, creating a private retreat for parents, while four additional bedrooms offer plenty of room for family or guests.This is a home that truly ticks every box - secure, spacious, and centrally located.You're just minutes from patrolled beaches, Pacific Fair, Q Super Centre, and the vibrant Nobby Beach dining precinct. Families will also appreciate being within easy reach of leading private schools including TSS and St Hilda's.Currently leased at $2,050 per week until January 2026, this home represents an exceptional opportunity for families, investors, or those looking to secure a blue-chip waterfront position in one of the Coast's most sought-after gated communities.So if you've been waiting for the perfect balance of lifestyle, location, and long-term value - this is it.37 Portobello Drive, Mermaid Waters - a waterfront family haven ready for its next chapter.Contact Justin Haynes on 0404 713 845 to arrange your inspection.Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Property History for 37 Portobello Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,500,000
14 Nov 2025
Listed for Rent
$1.95k/w
08 Mar 2024
  • 14 Nov 2025
    Sold for $2,500,000
  • 31 Jul 2025
    Listed for Sale Offers Above $2,499,000
  • 30 Jan 2024
    Listed for Rent $1,950 / week
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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 6,219 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 51 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 280 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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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.