1 Mercure Place, Highland Park — Off-Market Report

The 10 sales behind that range — and every adjustment

A sale down the road is not evidence until it is adjusted for how it differs from this home. Here is each sale we used, what we changed, and by how much.

123 Armstrong Way

Sold 7 September 2026 · 0.06 km away

Sold for

$1,500,000

Adjusted to this home

$1,396,559

What we added and subtracted to make this sale comparable to 1 Mercure Place
Bathrooms	this home 2 · comparable 3	−$68,611
Bedrooms	this home 4 · comparable 5	−$32,970
Car spaces	this home 2 · comparable 3	−$28,000
Floor area	this home 262 m² · comparable 234 m²	+$23,542
Street	this home 0.15 · comparable 0.1418	+$9,840
Land size	this home 602 m² · comparable 683 m²	−$7,452
Year built	this home 2002 · comparable 2001	+$210
Net adjustment		−$103,441

A further 10 factors were compared and found the same on both properties, so no money moved.

26 Ardrossan Place

Sold 17 September 2026 · 0.80 km away

Sold for

$1,375,000

Adjusted to this home

$1,311,976

What we added and subtracted to make this sale comparable to 1 Mercure Place
Floor area	this home 262 m² · comparable 409 m²	−$123,598
Micro-location	this home 0.15 · comparable 0.0532	+$106,480
Bedrooms	this home 4 · comparable 5	−$32,970
Land size	this home 602 m² · comparable 754 m²	−$13,984
Year built	this home 2002 · comparable 1997	+$1,048
Net adjustment		−$63,024

A further 12 factors were compared and found the same on both properties, so no money moved.

37 Armstrong Way

Sold 16 April 2026 · 0.79 km away

Sold for

$1,325,000

Adjusted to this home

$1,394,804

What we added and subtracted to make this sale comparable to 1 Mercure Place
Micro-location	this home 0.15 · comparable 0.1046	+$48,124
Floor area	this home 262 m² · comparable 232 m²	+$25,224
Land size	this home 602 m² · comparable 735 m²	−$12,236
Street	this home 0.15 · comparable 0.1418	+$8,692
Net adjustment		+$69,804

A further 13 factors were compared and found the same on both properties, so no money moved.

5 Chevron Rise

Sold 29 July 2026 · 0.22 km away

Sold for

$1,480,000

Adjusted to this home

$1,539,626

What we added and subtracted to make this sale comparable to 1 Mercure Place
Floor area	this home 262 m² · comparable 175 m²	+$73,150
Land size	this home 602 m² · comparable 749 m²	−$13,524
Net adjustment		+$59,626

A further 15 factors were compared and found the same on both properties, so no money moved.

12 Trafalgar Street

Sold 14 August 2026 · 0.63 km away

Sold for

$1,585,000

Adjusted to this home

$1,385,886

What we added and subtracted to make this sale comparable to 1 Mercure Place
Car spaces	this home 2 · comparable 6	−$112,000
Bathrooms	this home 2 · comparable 3	−$68,611
Floor area	this home 262 m² · comparable 336 m²	−$62,219
Micro-location	this home 0.15 · comparable 0.1082	+$53,002
Land size	this home 602 m² · comparable 728 m²	−$11,592
Year built	this home 2002 · comparable 1991	+$2,306
Net adjustment		−$199,114

A further 11 factors were compared and found the same on both properties, so no money moved.

16 Mcleod Street

Sold 30 October 2025 · 1.45 km away

Sold for

$1,270,000

Adjusted to this home

$1,417,030

What we added and subtracted to make this sale comparable to 1 Mercure Place
Street	this home 0.15 · comparable -0.0374	+$190,398
Micro-location	this home 0.15 · comparable -0.001	+$153,416
Car spaces	this home 2 · comparable 6	−$112,000
Bathrooms	this home 2 · comparable 3	−$68,611
Floor area	this home 262 m² · comparable 193 m²	+$58,015
Bedrooms	this home 4 · comparable 5	−$32,970
Land size	this home 602 m² · comparable 908 m²	−$28,152
Cladding	this home 2 · comparable 3	−$16,000
Year built	this home 2002 · comparable 1988	+$2,934
Net adjustment		+$147,030

A further 8 factors were compared and found the same on both properties, so no money moved.

37 Tara Vista Boulevard

Sold 24 February 2026 · 0.85 km away

Sold for

$1,260,000

Adjusted to this home

$1,339,803

What we added and subtracted to make this sale comparable to 1 Mercure Place
Floor area	this home 262 m² · comparable 176 m²	+$72,309
Bathrooms	this home 2 · comparable 3	−$68,611
Street	this home 0.15 · comparable 0.0886	+$61,891
Micro-location	this home 0.15 · comparable 0.1223	+$27,922
Land size	this home 602 m² · comparable 751 m²	−$13,708
Net adjustment		+$79,803

A further 12 factors were compared and found the same on both properties, so no money moved.

60 Armstrong Way

Sold 14 May 2026 · 0.69 km away

Sold for

$1,500,000

Adjusted to this home

$1,329,636

What we added and subtracted to make this sale comparable to 1 Mercure Place
Bathrooms	this home 2 · comparable 4	−$137,222
Car spaces	this home 2 · comparable 5	−$84,000
Micro-location	this home 0.15 · comparable 0.1164	+$40,320
Land size	this home 602 m² · comparable 736 m²	−$12,328
Floor area	this home 262 m² · comparable 249 m²	+$10,930
Street	this home 0.15 · comparable 0.1418	+$9,840
Year built	this home 2002 · comparable 1992	+$2,096
Net adjustment		−$170,364

A further 10 factors were compared and found the same on both properties, so no money moved.

14 Josephine Terrace

Sold 7 September 2026 · 1.28 km away

Sold for

$1,775,000

Adjusted to this home

$1,470,233

What we added and subtracted to make this sale comparable to 1 Mercure Place
Land size	this home 602 m² · comparable 4790 m²	−$385,296
Floor area	this home 262 m² · comparable 135 m²	+$106,782
Micro-location	this home 0.15 · comparable 0.0828	+$95,424
Bathrooms	this home 2 · comparable 3	−$68,611
Car spaces	this home 2 · comparable 4	−$56,000
Year built	this home 2002 · comparable 1988	+$2,934
Net adjustment		−$304,767

A further 10 factors were compared and found the same on both properties, so no money moved.

6 Cozens Way

Sold 22 October 2025 · 1.44 km away

Sold for

$1,037,000

Adjusted to this home

$1,285,880

What we added and subtracted to make this sale comparable to 1 Mercure Place
Street	this home 0.15 · comparable -0.0589	+$83,914
Micro-location	this home 0.15 · comparable -0.0239	+$69,854
Floor area	this home 262 m² · comparable 130 m²	+$53,739
Bathrooms	this home 2 · comparable 1	+$33,222
Bedrooms	this home 4 · comparable 3	+$15,964
Land size	this home 602 m² · comparable 807 m²	−$9,132
Year built	this home 2002 · comparable 1989	+$1,319
Net adjustment		+$248,880

A further 10 factors were compared and found the same on both properties, so no money moved.

We are not claiming to be more accurate than anyone else. We are showing you the sales, the adjustments and the band they produce, so you can judge the number yourself.

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 1 Mercure Place sit?

Gold Coast homes listed for 60 to 180 days rose from 1,288 in March to 2,618 in August (SQM Research). A rising count of homes sitting unsold has historically been associated with downward pressure on asking prices.

But property markets do not move as one—and neither do individual homes.

We traced the estimated value of 1 Mercure Place over the past 18 months, compared it with Highland Park’s wider market, and examined the indicators most likely to reveal what happens next.

1 Mercure Place

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The 10 sales behind that range — and every adjustment

123 Armstrong Way

26 Ardrossan Place

37 Armstrong Way

5 Chevron Rise

12 Trafalgar Street

16 Mcleod Street

37 Tara Vista Boulevard

60 Armstrong Way

14 Josephine Terrace

6 Cozens Way

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 1 Mercure Place sit?

Your home

See your home the way a buyer does

8 PERTH SQUARE

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30 Tara Vista Boulevard

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9 Macrobert Street

5 Design Place

9 Design Place

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