Back 37 Portobello Drive
Off Market

37 Portobello Drive

Mermaid Waters QLD 4218

5
3
2
339 m²
973 m²
House
Last sold for $2,500,000
Justin HaynesJustin Haynes, last sold this property on 21 November 2025 after 39 days on market.

Overview

Effortless Family Living with Resort-Style Entertaining and Water Views

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 973m² 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, cafés 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.

Features

5 bedrooms
3 bathrooms
2 carspaces
339 m² floor area
973 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Mermaid Waters over the last 12 months, the estimated median property value of 37 Portobello Drive is $3.2m.

Median value
$3.2m
Estimated value range
$1.67m - $13m
Median days on market
39
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Waters. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 37 Portobello Drive

2025
Sold
$2,500,000
Private Sale/Treaty on 21 Nov 2025 by Justin Haynes, of Amir Prestige Paradise Point
2024
Rented
Undisclosed
Leased on 07 Mar 2024 by First National On The Coast

Happy sellers in Mermaid Waters

90%
90% of sellers in Mermaid Waters reported that their sale price either exceeded or met their price expectations.

Mermaid Waters stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Mermaid Waters over the last 12 months.

Local market activity for 5 bedroom houses in Mermaid Waters

In the last 12 months, 32 five-bedroom houses similar to 37 Portobello Drive, have been sold.

This represents a 17% decrease in five-bedroom houses sales when compared to the previous 12 months.

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