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PRIVATE PROPERTY REPORT · Updated Thursday 22 October 2026Thu 22 Oct 2026
Aerial view of 68 Sovereign Drive, Mermaid Waters QLD 4218
68 Sovereign Drive, Mermaid Waters QLD 4218
A living map — drive times, sold comps & your commute

68 Sovereign Drive

Mermaid Waters, QLD
768 m² land4 bed2 bath2 car291 m² floor
WHAT RECORDED SALES SAY
The five closest sales this year
30 Kurrawa Avenue
Apr 2026 · 180 m · 3 bed · 1304 m²
$4,100,000
27 Cadence Avenue
May 2026 · 230 m · 5 bed · 1064 m²
$3,600,000
46 Markeri Street
Oct 2026 · 300 m · 5 bed · 1148 m²
$2,648,000
23 Sovereign Drive
Mar 2026 · 390 m · 3 bed · 611 m²
$1,825,000
55 Surf Street
Apr 2026 · 510 m · 5 bed · 607 m²
$3,520,000

Within 510 m, these sales ran from $1,825,000 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 46 house sales we’ve recorded in Mermaid Waters in the last two years, 28 were at $2,200,000 or more.

Last recorded sale$860,000 · Jul 2010 · held 16 years

When it last sold, the median Mermaid Waters house had sold for $650,000 over the previous 12 months (146 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
46 Markeri Street
SOLD · 16 OCT 2026 · 300 m
46 Markeri Street
$2,648,000
5 bed · 5 bath · 1148 m²
SOLD · 21 SEP 2026 · 790 m
3 Helm Court$2,175,000
3 bed · 2 bath · 665 m²
SOLD · 25 SEP 2026 · 1.1 km
10 Australis Court$2,935,000
5 bed · 3 bath · 986 m²
Sun on this home

The rear of the block faces roughly south-west

The street frontage faces roughly north-east, so the back of the block faces roughly south-west. 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 School 4 min · Robina Town Centre 9 min · Burleigh Beach 9 min · Surfers Paradise 10 min
Source: Fields sales records. Figures as recorded.
FROM WILL SIMPSON · FIELDS REAL ESTATE

The Gold Coast market, explained on camera

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