12 Balsa Street, Elanora — 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.

129 K P Mcgrath Drive

Sold 13 May 2026 · 0.61 km away

Sold for

$1,665,000

Adjusted to this home

$1,585,431

What we added and subtracted to make this sale comparable to 12 Balsa Street
Land size	this home 671 m² · comparable 836 m²	−$83,556
Bedrooms	this home 4 · comparable 3	+$68,000
Bathrooms	this home 2 · comparable 3	−$48,000
Floor area	this home 200 m² · comparable 216 m²	−$32,000
Street	this home -0.0314 · comparable -0.0096	−$29,038
Cladding	this home 2 · comparable 1	+$16,000
Car spaces	this home 5 · comparable 2	+$15,367
Micro-location	this home 0.0115 · comparable 0.0032	+$11,056
Year built	this home 1988 · comparable 1986	+$4,800
Distance to beach	this home 4.43 km · comparable 4.33 km	−$2,198
Net adjustment		−$79,569

A further 7 factors were compared and found the same on both properties, so no money moved.

4 Damson Place

Sold 16 February 2026 · 0.48 km away

Sold for

$1,582,000

Adjusted to this home

$1,588,237

What we added and subtracted to make this sale comparable to 12 Balsa Street
Floor area	this home 200 m² · comparable 146 m²	+$108,000
Micro-location	this home 0.0115 · comparable 0.0582	−$59,103
Street	this home -0.0314 · comparable -0.0118	−$24,806
Land size	this home 671 m² · comparable 704 m²	−$16,711
Distance to beach	this home 4.43 km · comparable 4.13 km	−$6,265
Car spaces	this home 5 · comparable 4	+$5,122
Net adjustment		+$6,237

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

76 Saffron Street

Sold 15 January 2026 · 0.29 km away

Sold for

$1,600,000

Adjusted to this home

$1,560,467

What we added and subtracted to make this sale comparable to 12 Balsa Street
Floor area	this home 200 m² · comparable 240 m²	−$80,000
Land size	this home 671 m² · comparable 600 m²	+$35,954
Street	this home -0.0314 · comparable -0.0058	−$32,768
Car spaces	this home 5 · comparable 2	+$15,367
Micro-location	this home 0.0115 · comparable 0.0011	+$13,312
Year built	this home 1988 · comparable 1986	+$4,800
Distance to beach	this home 4.43 km · comparable 4.61 km	+$3,802
Net adjustment		−$39,533

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

30 Crest Drive

Sold 9 September 2026 · 0.67 km away

Sold for

$1,750,000

Adjusted to this home

$1,677,501

What we added and subtracted to make this sale comparable to 12 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Land size	this home 671 m² · comparable 789 m²	−$59,755
Street	this home -0.0314 · comparable -0.0011	−$42,420
Floor area	this home 200 m² · comparable 214 m²	−$28,000
Micro-location	this home 0.0115 · comparable 0.0248	−$18,620
Car spaces	this home 5 · comparable 2	+$15,367
Distance to beach	this home 4.43 km · comparable 4.02 km	−$9,471
Year built	this home 1988 · comparable 1987	+$2,400
Net adjustment		−$72,499

A further 9 factors were compared and found the same on both properties, so no money moved.

6 Balsa Street

Sold 23 April 2026 · 0.06 km away

Sold for

$1,388,000

Adjusted to this home

$1,553,693

What we added and subtracted to make this sale comparable to 12 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Floor area	this home 200 m² · comparable 177 m²	+$46,000
Land size	this home 671 m² · comparable 601 m²	+$35,448
Car spaces	this home 5 · comparable 1	+$20,490
Year built	this home 1988 · comparable 1990	−$4,800
Micro-location	this home 0.0115 · comparable 0.011	+$555
Net adjustment		+$165,693

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

28 Avocado Street

Sold 31 August 2026 · 0.44 km away

Sold for

$1,305,000

Adjusted to this home

$1,515,927

What we added and subtracted to make this sale comparable to 12 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Bathrooms	this home 2 · comparable 1	+$48,000
Floor area	this home 200 m² · comparable 180 m²	+$40,000
Street	this home -0.0314 · comparable -0.0685	+$38,733
Micro-location	this home 0.0115 · comparable 0.0408	−$30,589
Land size	this home 671 m² · comparable 612 m²	+$29,878
Car spaces	this home 5 · comparable 2	+$15,367
Year built	this home 1988 · comparable 1987	+$2,400
Distance to beach	this home 4.43 km · comparable 4.38 km	−$862
Net adjustment		+$210,927

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

8 Damson Place

Sold 28 November 2025 · 0.47 km away

Sold for

$1,450,000

Adjusted to this home

$1,530,838

What we added and subtracted to make this sale comparable to 12 Balsa Street
Floor area	this home 200 m² · comparable 146 m²	+$108,000
Micro-location	this home 0.0115 · comparable 0.046	−$40,020
Land size	this home 671 m² · comparable 601 m²	+$35,448
Street	this home -0.0314 · comparable -0.0118	−$22,736
Car spaces	this home 5 · comparable 4	+$5,122
Distance to beach	this home 4.43 km · comparable 4.17 km	−$4,976
Net adjustment		+$80,838

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

12 Numalla Court

Sold 22 May 2026 · 0.56 km away

Sold for

$1,564,000

Adjusted to this home

$1,424,637

What we added and subtracted to make this sale comparable to 12 Balsa Street
Floor area	this home 200 m² · comparable 289 m²	−$178,000
Land size	this home 671 m² · comparable 468 m²	+$102,799
Bathrooms	this home 2 · comparable 3	−$48,000
Year built	this home 1988 · comparable 2002	−$33,600
Car spaces	this home 5 · comparable 2	+$15,367
Distance to beach	this home 4.43 km · comparable 4.9 km	+$9,703
Micro-location	this home 0.0115 · comparable 0.0176	−$7,632
Net adjustment		−$139,363

A further 9 factors were compared and found the same on both properties, so no money moved.

15 Barlee Court

Sold 30 May 2026 · 0.47 km away

Sold for

$1,820,000

Adjusted to this home

$1,524,127

What we added and subtracted to make this sale comparable to 12 Balsa Street
Street	this home -0.0314 · comparable 0.1174	−$216,653
Year built	this home 1988 · comparable 2014	−$62,400
Floor area	this home 200 m² · comparable 231 m²	−$62,000
Land size	this home 671 m² · comparable 601 m²	+$35,448
Micro-location	this home 0.0115 · comparable 0.0223	−$15,725
Car spaces	this home 5 · comparable 2	+$15,367
Distance to beach	this home 4.43 km · comparable 4.85 km	+$10,090
Net adjustment		−$295,873

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

8 Wuruma Court

Sold 1 July 2026 · 0.70 km away

Sold for

$1,615,000

Adjusted to this home

$1,740,373

What we added and subtracted to make this sale comparable to 12 Balsa Street
Floor area	this home 200 m² · comparable 148 m²	+$104,000
Year built	this home 1988 · comparable 2000	−$28,800
Car spaces	this home 5 · comparable 1	+$20,490
Land size	this home 671 m² · comparable 633 m²	+$19,243
Street	this home -0.0314 · comparable -0.018	−$17,313
Micro-location	this home 0.0115 · comparable -0.0014	+$16,667
Distance to beach	this home 4.43 km · comparable 4.95 km	+$11,086
Net adjustment		+$125,373

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 12 Balsa Street 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 12 Balsa Street over the past 18 months, compared it with Elanora’s wider market, and examined the indicators most likely to reveal what happens next.

12 Balsa Street

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 10 sales behind that range — and every adjustment

129 K P Mcgrath Drive

4 Damson Place

76 Saffron Street

30 Crest Drive

6 Balsa Street

28 Avocado Street

8 Damson Place

12 Numalla Court

15 Barlee Court

8 Wuruma Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 12 Balsa Street sit?

Your home

See your home the way a buyer does

14 Holbrook Way

4 Breynia Court

151 Simpsons Road

18 Daphne Court

69 Ironbark Street

35 Evergreen Drive

14 Ballidu Close

54 K P McGrath Drive

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields