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PRIVATE PROPERTY REPORT · Updated Saturday 31 October 2026Sat 31 Oct 2026
Aerial view of 53 Sovereign Drive, Mermaid Waters QLD 4218
53 Sovereign Drive, Mermaid Waters QLD 4218
A living map — drive times, sold comps & your commute
Roof footprint
347 m²
Ground above sea level
3.9 m
Roof height
about 4 m
How these are measured

Side lengths from the Queensland cadastre, a title map rather than a survey plan. Roof footprint and heights from Queensland Government LiDAR (2022). The footprint is the whole roof, garage and patio included, not floor area. Ground level is at the centre of the home, in metres above sea level (AHD).

53 Sovereign Drive

Mermaid Waters, QLD
741 m² land4 bed2 bath2 car
WHAT RECORDED SALES SAY
The five closest sales this year
23 Sovereign Drive
Mar 2026 · 280 m · 3 bed · 611 m²
$1,825,000
30 Kurrawa Avenue
Apr 2026 · 310 m · 3 bed · 1304 m²
$4,100,000
1 Avanti Street
Oct 2026 · 330 m · 3 bed · 713 m²
$2,000,000
27 Cadence Avenue
May 2026 · 390 m · 5 bed · 1064 m²
$3,600,000
46 Markeri Street
Oct 2026 · 430 m · 5 bed · 1148 m²
$2,648,000

Within 430 m, these sales ran from $1,825,000 to $4,100,000. We have no recorded internal floor area for this home, and floor area is the single largest adjustment our tested method makes. Without it we will not put that method’s name to a figure.

Takes one number. No name, email or phone.
Last recorded sale$650,000 · Mar 2010 · held 16 years

When it last sold, the median Mermaid Waters house had sold for $660,000 over the previous 12 months (169 sales). Over the 12 months to Q3 2026: $2,355,000 (133 sales).

Selling to buy another home?See what this home could leave you with, and what a price change would do ↓

Around Sovereign Drive

Sold in the last 90 days, nearest first · prices as recorded
SOLD · 26 OCT 2026 · 330 m
1 Avanti Street$2,000,000
3 bed · 2 bath · 713 m²
46 Markeri Street
SOLD · 16 OCT 2026 · 430 m
46 Markeri Street
$2,648,000
5 bed · 5 bath · 1148 m²
SOLD · 25 SEP 2026 · 1.3 km
10 Australis Court$2,935,000
5 bed · 3 bath · 986 m²
SELL NOW, OR WAIT?

If you sold this home to buy another

We don’t put a figure on this home, so this works from your own estimate. The figures you type stay on this page.

What would the move be?

Sun on this home

The rear of the block faces roughly north-east

The street frontage faces roughly south-west, so the back of the block faces roughly north-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
30 days
112 days in Jul–Sep
Houses sold, Jul–Sep
20
Drive from this home
Miami State School 4 min · Robina Town Centre 9 min · Burleigh Beach 9 min · Surfers Paradise 10 min
Source: Fields sales records. Figures as recorded.

Your market update

How 53 Sovereign Drive’s estimated value has moved, against Mermaid Waters’s wider market, and the indicators worth watching.
FROM WILL SIMPSON · FIELDS REAL ESTATE

The Gold Coast market, explained on camera

Short takes from Will on what the data is showing right now.
Walkthrough · 4 minClearance rates halved in a year