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PRIVATE PROPERTY REPORT · Updated Thursday 22 October 2026Thu 22 Oct 2026
Aerial view of 37 Sovereign Drive, Mermaid Waters QLD 4218
37 Sovereign Drive, Mermaid Waters QLD 4218
A living map — drive times, sold comps & your commute

37 Sovereign Drive

Mermaid Waters, QLD
611 m² land3 bed1 bath1 car130 m² floor
WHAT RECORDED SALES SAY
The five closest sales this year
23 Sovereign Drive
Mar 2026 · 130 m · 3 bed · 611 m²
$1,825,000
30 Kurrawa Avenue
Apr 2026 · 330 m · 3 bed · 1304 m²
$4,100,000
3 Helm Court
Sep 2026 · 690 m · 3 bed · 665 m²
$2,175,000
3 Fairsky Avenue
Apr 2026 · 820 m · 3 bed · 622 m²
$1,805,000
78 Markeri Street
Apr 2026 · 830 m · 4 bed · 785 m²
$2,325,000

Within 830 m, these sales ran from $1,805,000 to $4,100,000. 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 44 house sales we’ve recorded in Mermaid Waters in the last two years, 44 were at $1,400,000 or more.

Last recorded sale$497,000 · Dec 2011 · held 14 years

When it last sold, the median Mermaid Waters house had sold for $584,000 over the previous 12 months (162 sales). Over the 12 months to Q3 2026: $2,355,000 (133 sales).

Around Sovereign Drive

Sold in the last 90 days, nearest first · prices as recorded
SOLD · 21 SEP 2026 · 690 m
3 Helm Court$2,175,000
3 bed · 2 bath · 665 m²
38 Gretel Drive
SOLD · 27 AUG 2026 · 1.0 km
38 Gretel Drive
$5,000,000
4 bed · 3 bath · 1050 m²
SOLD · 14 SEP 2026 · 1.7 km
37 Intrepid Drive$4,700,000
4 bed · 3 bath · 943 m²
Sun on this home

The rear of the block faces east

The street frontage faces west, so the back of the block faces east. Worked out from the title boundary and the street the home fronts, not from a site visit, so it says nothing about which rooms face which way.

Follow this home

One email a month, or sooner when a home near Sovereign Drive sells. Recorded sales and new listings near you, with a link back to this page. From Will Simpson.

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For sale near Sovereign 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 High School 4 min · Burleigh Beach 9 min · Surfers Paradise 10 min · Robina Town Centre 10 min
Source: Fields sales records. Figures as recorded.