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PRIVATE PROPERTY REPORT · Updated Friday 23 October 2026Fri 23 Oct 2026
Aerial view of 12 Portobello Drive, Mermaid Waters QLD 4218
12 Portobello Drive, Mermaid Waters QLD 4218
A living map — drive times, sold comps & your commute

12 Portobello Drive

Mermaid Waters, QLD
1,938 m² land5 bed3 bath2 car398 m² floor
WHAT RECORDED SALES SAY
The five closest sales this year
8 Montego Court
May 2026 · 80 m · 4 bed · 800 m²
$2,640,000
25 Peninsula Court
Sep 2026 · 290 m · 6 bed · 1136 m²
$2,240,000
30 Peninsula Court
Mar 2026 · 360 m · 5 bed · 1056 m²
$2,475,000
5 Monteclair Court
May 2026 · 420 m · 4 bed · 1034 m²
$2,350,000
25 Karabella Court
Aug 2026 · 430 m · 4 bed · 770 m²
$2,050,000

Within 430 m, these sales ran from $2,050,000 to $2,640,000. Homes at this level sit outside the band our method is built and tested for, so we don't put a figure on this one.

Of the 46 house sales we’ve recorded in Mermaid Waters in the last two years, 12 were at $3,200,000 or more.

Last recorded sale$1,000,000 · Jun 2012 · held 14 years

When it last sold, the median Mermaid Waters house had sold for $595,000 over the previous 12 months (156 sales). Over the 12 months to Q3 2026: $2,355,000 (133 sales).

Around Portobello Drive

Sold in the last 90 days, nearest first · prices as recorded
25 Peninsula Court
SOLD · 11 SEP 2026 · 290 m
25 Peninsula Court
$2,240,000
6 bed · 3 bath · 1136 m²
25 Karabella Court
SOLD · 10 AUG 2026 · 430 m
25 Karabella Court
$2,050,000
4 bed · 2 bath · 770 m²
SOLD · 24 SEP 2026 · 480 m
21 Barrier Reef Drive$2,170,000
4 bed · 2 bath · 918 m²

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For sale near Portobello Drive

What buyers can compare with right now
See all 40 houses for sale in Mermaid Waters

Mermaid Waters in numbers

Median house price, last 12 months
$2,355,000
Median days on market, Oct–Dec
68 days
46 days in Jul–Sep
Houses sold, Jul–Sep
20
Drive from this home
Miami State School 4 min · Robina Town Centre 8 min · Burleigh Beach 11 min · Surfers Paradise 13 min
Source: Fields sales records. Figures as recorded.
FROM WILL SIMPSON · FIELDS REAL ESTATE

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