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

4 Portobello Drive
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 266m2
Land area: 891m2
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Property Details for 4 Portobello Dr, Mermaid Waters

4 Portobello Dr, Mermaid Waters is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1998. The property has a land size of 891m2 and floor size of 266m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1998
Floor Size
266m2
Land Size
891m2
Local Government
Gold Coast City
Lot/Plan
341/RP221419

Last Listing description (January 2021)

Looking for a home with water views? It doesn't get much better than this.

Sweeping views stretch right around this 891m fan shaped block setting a stunning scene.
Perfectly located in one of Mermaid Waters most desirable streets, this home will appeal to the astute buyer searching for the ultimate Gold Coast lifestyle.

Multiple living spaces, including the seamless flow between indoor and outdoor areas, the home has been designed with entertaining in mind. Families will relish the numerous relaxation options the home affords and the undercover pavilion that overlooks the water's edge.

Among the highlights are a separate office, manicured gardens, pool, separate two bedroom guest accommodation, crimsafe security screens throughout, water tank and solar panels.
Gas kitchen with stone benchtops, quality appliances and walk in pantry. Generous master suite complete with private balcony, walk in robe and ensuite showcases stunning water views.

The swimming pool captures the north sunshine all day and is the centre piece of the home and makes it ideal for family living.

Three spacious bedrooms, main bathroom and another living area upstairs for family separation. There are ample storage areas, two powder rooms, split system air conditioning are added features. Beautiful landscaped gardens, triple garage and additional off street parking for guests.

Conveniently located close to the Q Super Centre, Pacific Fair Shopping Centre and only a short drive to the coasts best beaches.

Pontoon for the boating enthusiast - this property ticks all the boxes and is a must to inspect!

Mermaid Waters is just 5 minutes from the beach and is bordered by Broadbeach to the north, Mermaid Beach to the east, Miami to the south and Robina to the west.

It is known as a quiet, family residential area comprising the 17ha freshwater Lake Hugh Muntz and a series of lakes and canals winding through the neighbourhood providing recreational activities such as swimming and kayaking. The infrastructure includes shopping at Q Super Centre, Pacific Fair and Robina Town Centre complexes; education at Miami State School, Miami High School, Merrimac High School, All Saints Anglican School, Somerset College, Marymount College and Bond University. Sporting facilities at Pizzey Park include a skate park, swimming complex, Burleigh Bears Leagues Club, Burleigh Soccer Club, Little Athletics and a gymnastics club. All these facilities are within a few minutes drive or use the well appointed bus routes.

Mermaid Waters lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

Property History for 4 Portobello Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,350,000
02 Nov 2020
Listed for Rent
$1.10k/w
18 Jan 2020
  • 02 Nov 2020
    Sold for $1,350,000
  • 18 Jan 2020
    Listed for Rent $1,100 / week
  • 02 Oct 2019
    Listed for Sale $1,495,000
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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 6,225 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 49 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 274 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.