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.

34 Merridown Drive

Sold 6 July 2026 · 0.26 km away

Sold for

$1,425,000

Adjusted to this home

$1,352,424

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Car spaces	this home 2 · comparable 6	−$215,453
Floor area	this home 279 m² · comparable 160 m²	+$190,400
Micro-location	this home 0.0734 · comparable 0.1211	−$54,378
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 709 m² · comparable 737 m²	−$4,278
Year built	this home 1988 · comparable 1990	−$3,267
Net adjustment		−$72,576

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

12 Macallan Street

Sold 23 March 2026 · 0.20 km away

Sold for

$1,440,000

Adjusted to this home

$1,267,952

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Car spaces	this home 2 · comparable 5	−$161,590
Floor area	this home 279 m² · comparable 251 m²	+$44,800
Micro-location	this home 0.0734 · comparable 0.1113	−$43,661
Street	this home 0.1323 · comparable 0.15	−$20,390
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 709 m² · comparable 735 m²	−$3,973
Year built	this home 1988 · comparable 1989	−$1,634
Net adjustment		−$172,048

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

32 Merridown Drive

Sold 30 October 2025 · 0.24 km away

Sold for

$1,335,000

Adjusted to this home

$1,495,071

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Floor area	this home 279 m² · comparable 150.13 m²	+$206,192
Micro-location	this home 0.0734 · comparable 0.1209	−$50,730
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1988 · comparable 1991	−$4,901
Land size	this home 709 m² · comparable 741 m²	−$4,890
Net adjustment		+$160,071

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

4 Scotia Place

Sold 12 May 2026 · 0.68 km away

Sold for

$1,085,000

Adjusted to this home

$1,345,400

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Floor area	this home 279 m² · comparable 112 m²	+$97,341
Street	this home 0.1323 · comparable -0.0364	+$53,345
Micro-location	this home 0.0734 · comparable -0.0195	+$29,376
Bedrooms	this home 4 · comparable 3	+$23,118
Car spaces	this home 2 · comparable 1	+$19,622
Pool	this home 1 · comparable 0	+$18,944
Land size	this home 709 m² · comparable 404 m²	+$16,978
Cladding	this home 3 · comparable 2	+$5,246
Year built	this home 1988 · comparable 1994	−$3,570
Net adjustment		+$260,400

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

13 Willunga Place

Sold 1 December 2025 · 0.48 km away

Sold for

$1,080,000

Adjusted to this home

$1,350,464

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Floor area	this home 279 m² · comparable 140 m²	+$91,345
Street	this home 0.1323 · comparable -0.0392	+$60,859
Micro-location	this home 0.0734 · comparable -0.0052	+$27,892
Bedrooms	this home 4 · comparable 3	+$26,065
Car spaces	this home 2 · comparable 1	+$22,123
Pool	this home 1 · comparable 0	+$21,358
Land size	this home 709 m² · comparable 418 m²	+$18,262
Cladding	this home 3 · comparable 2	+$5,914
Year built	this home 1988 · comparable 1993	−$3,354
Net adjustment		+$270,464

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

3 Fairbank Court

Sold 7 August 2026 · 1.56 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,201

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Floor area	this home 279 m² · comparable 126 m²	+$106,991
Street	this home 0.1323 · comparable -0.0568	+$69,754
Bedrooms	this home 4 · comparable 3	+$27,736
Land size	this home 709 m² · comparable 331 m²	+$25,244
Pool	this home 1 · comparable 0	+$22,727
Micro-location	this home 0.0734 · comparable 0.0436	+$10,993
Year built	this home 1988 · comparable 1999	−$7,854
Distance to beach	this home 9.03 km · comparable 7.52 km	−$2,390
Net adjustment		+$253,201

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

3 Cabot Court

Sold 20 April 2026 · 1.04 km away

Sold for

$1,000,000

Adjusted to this home

$1,240,001

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Floor area	this home 279 m² · comparable 93 m²	+$100,508
Street	this home 0.1323 · comparable -0.0193	+$40,959
Bedrooms	this home 4 · comparable 3	+$21,433
Car spaces	this home 2 · comparable 1	+$18,191
Pool	this home 1 · comparable 0	+$17,562
Land size	this home 709 m² · comparable 400 m²	+$15,946
Bathrooms	this home 2 · comparable 1	+$13,509
Micro-location	this home 0.0734 · comparable 0.0433	+$8,133
Cladding	this home 3 · comparable 2	+$4,863
Year built	this home 1988 · comparable 1990	−$1,103
Net adjustment		+$240,001

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

18 Nisbet Place

Sold 14 January 2026 · 0.33 km away

Sold for

$1,215,000

Adjusted to this home

$1,517,683

What we added and subtracted to make this sale comparable to 12 Merridown Drive
Floor area	this home 279 m² · comparable 110.21 m²	+$218,303
Bedrooms	this home 4 · comparable 3	+$51,298
Pool	this home 1 · comparable 0	+$42,034
Micro-location	this home 0.0734 · comparable 0.0484	+$19,642
Land size	this home 709 m² · comparable 858 m²	−$18,404
Street	this home 0.1323 · comparable 0.15	−$13,907
Cladding	this home 3 · comparable 2	+$11,640
Year built	this home 1988 · comparable 1994	−$7,923
Net adjustment		+$302,683

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.

Will Simpson, Fields Real Estate — Will SimpsonFields Real Estate

Your market update

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 12 Merridown Drive 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 Merridown Drive over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.

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Valuation Report

The full comparable-sales assessment for this home — the evidence, adjustment grid and reconciliation behind the range. The same report you can open above.

Property Positioning Report

The document we prepare before a home goes to market — valuation evidence, comparables and market position, with a cover prepared for this address.

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Market Update Report

The recent nearby sales adjusted to this home, weighed against the national headlines — the same report you can open above.

Why I built Fields

Will Simpson · 84 seconds

12 Merridown Drive

Houses for sale nearby

New listings & latest sales

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Your valuation

The 8 sales behind that range — and every adjustment

34 Merridown Drive

12 Macallan Street

32 Merridown Drive

4 Scotia Place

13 Willunga Place

3 Fairbank Court

3 Cabot Court

18 Nisbet Place

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

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See your home the way a buyer does

15 Red Ash Court

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12 Murrayfield Place

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60 Petherbridge Avenue

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Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields