43 Portobello Drive, Mermaid Waters, QLD 4218 sold on 23 August 2025 | OnTheHouse
SOLD
Sold on 23 Aug 2025 for $3,270,000

43 Portobello Drive
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
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Property Details for 43 Portobello Dr, Mermaid Waters

43 Portobello Dr, Mermaid Waters is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1998. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 5 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1998
Local Government
Gold Coast City
Lot/Plan
559/RP226430

Last Listing description (October 2022)

MASSIVE WATERFRONT FAMILY HOME - WILL BE SOLD

You will not find better value at this price!!!

Positioned with wide water views, this expansive home has so much to offer.

The two story residence on 943sqm of land consists of 6 Bedrooms, 4 Bathrooms, Separate dining room and 2 study rooms will definitely please the large family looking for plenty of space.

The current owners family have all grown up and settled elsewhere. This home is just too big for their needs.

Tucked away in a prized location this home awaits a new family to enjoy all the benefits

Both levels have large master bedrooms with en-suites and two other bedrooms .

This may well suit the family caring for the parents or grandparents.

The covered patio by the water allows for those peaceful family gatherings.

Priced to sell, The home is well below replacement value. A fantastic opportunity presents itself for the new owner.

Features Include:
943sqm with wide water aspect
6 Bedrooms, 4 Bathrooms
2 Study rooms plus separate dining
Spanning two levels with 445sqm Floor Plan (Approx.)
Master bedrooms upstairs/downstairs
Separate laundry room plus powder room
Ducted Air-conditioning
Sparkling pool
Jetty - Ocean access
Solar Panels
Covered Patio for entertaining
Double lock up garage plus off street parking

Property History for 43 Portobello Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,270,000
23 Aug 2025
  • 27 Oct 2022
    Sold for $1,915,000
  • 01 Jun 2022
    Listed for Sale $1,930,000 - $2,000,000
  • 27 Mar 2013
    Listed for Sale $1,195,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of 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 6,212 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 106.31% increase in median value, while Units have seen a 114.41% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Waters is $2,070,636 while the median value for Units is $941,548.
  • Houses have a median rent of $1,195 while Units have a median rent of $770.
There are currently 32 properties listed for sale, and 18 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 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.