Smarter with data.
Last recorded sale: $431,000 in November 2015.
Comparable range
$951,978 – $1,389,912
8 adjusted comparable sales · 3 verified · 3 of 33 candidate sales verified · band ±18.7% measured on 64 sales · recomputed 19 October 2026
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.
Sold 17 June 2026 · 1.48 km away
Sold for
$1,115,000
Adjusted to this home
$1,196,512
| Land size | this home 895 m² · comparable 400 m² | +$59,796 |
|---|---|---|
| Micro-location | this home 0.0787 · comparable 0.0153 | +$56,553 |
| Car spaces | this home 2 · comparable 3 | −$28,000 |
| Year built | this home 1989 · comparable 1993 | −$4,861 |
| Floor area | this home 132 m² · comparable 145 m² | −$1,976 |
| Net adjustment | +$81,512 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 17 April 2026 · 0.77 km away
Sold for
$1,267,000
Adjusted to this home
$1,258,892
| Land size | this home 895 m² · comparable 1680 m² | −$94,828 |
|---|---|---|
| Bedrooms | this home 4 · comparable 3 | +$53,506 |
| Car spaces | this home 2 · comparable 1 | +$28,000 |
| Street | this home 0.066 · comparable 0.0753 | −$9,426 |
| Micro-location | this home 0.0787 · comparable 0.0695 | +$9,325 |
| Year built | this home 1989 · comparable 1983 | +$7,291 |
| Floor area | this home 132 m² · comparable 145 m² | −$1,976 |
| Net adjustment | −$8,108 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 31 August 2026 · 1.11 km away
Sold for
$1,150,000
Adjusted to this home
$1,234,884
| Bedrooms | this home 4 · comparable 3 | +$53,506 |
|---|---|---|
| Micro-location | this home 0.0787 · comparable 0.029 | +$45,724 |
| Bathrooms | this home 1 · comparable 2 | −$39,147 |
| Land size | this home 895 m² · comparable 657 m² | +$28,750 |
| Year built | this home 1989 · comparable 1993 | −$4,861 |
| Floor area | this home 132 m² · comparable 126 m² | +$912 |
| Net adjustment | +$84,884 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 28 January 2026 · 0.68 km away
Sold for
$1,240,000
Adjusted to this home
$1,190,214
| Bathrooms | this home 1 · comparable 3 | −$78,294 |
|---|---|---|
| Land size | this home 895 m² · comparable 662 m² | +$28,146 |
| Micro-location | this home 0.0787 · comparable 0.0813 | −$2,579 |
| Street | this home 0.066 · comparable 0.0638 | +$2,182 |
| Year built | this home 1989 · comparable 1988 | +$1,215 |
| Floor area | this home 132 m² · comparable 135 m² | −$456 |
| Net adjustment | −$49,786 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 15 December 2025 · 0.27 km away
Sold for
$1,161,000
Adjusted to this home
$1,149,377
| Bathrooms | this home 1 · comparable 2 | −$39,147 |
|---|---|---|
| Land size | this home 895 m² · comparable 700 m² | +$23,556 |
| Street | this home 0.066 · comparable 0.056 | +$9,288 |
| Micro-location | this home 0.0787 · comparable 0.0823 | −$3,344 |
| Floor area | this home 132 m² · comparable 145 m² | −$1,976 |
| Net adjustment | −$11,623 |
A further 12 factors were compared and found the same on both properties, so no money moved.
Sold 18 September 2026 · 1.02 km away
Sold for
$1,036,000
Adjusted to this home
$1,098,916
| Bedrooms | this home 4 · comparable 3 | +$53,506 |
|---|---|---|
| Micro-location | this home 0.0787 · comparable 0.0523 | +$21,880 |
| Land size | this home 895 m² · comparable 1025 m² | −$15,704 |
| Floor area | this home 132 m² · comparable 114 m² | +$2,736 |
| Street | this home 0.066 · comparable 0.0654 | +$498 |
| Net adjustment | +$62,916 |
A further 12 factors were compared and found the same on both properties, so no money moved.
Sold 27 October 2025 · 1.25 km away
Sold for
$1,204,000
Adjusted to this home
$1,262,388
| Micro-location | this home 0.0787 · comparable 0.0038 | +$72,144 |
|---|---|---|
| Street | this home 0.066 · comparable 0.0237 | +$40,743 |
| Bathrooms | this home 1 · comparable 2 | −$39,147 |
| Year built | this home 1989 · comparable 1998 | −$10,937 |
| Land size | this home 895 m² · comparable 924 m² | −$3,503 |
| Floor area | this home 132 m² · comparable 138 m² | −$912 |
| Net adjustment | +$58,388 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 29 October 2025 · 0.42 km away
Sold for
$1,290,000
Adjusted to this home
$1,080,605
| Street | this home 0.066 · comparable 0.1324 | −$68,525 |
|---|---|---|
| Car spaces | this home 2 · comparable 4 | −$56,000 |
| Bathrooms | this home 1 · comparable 2 | −$39,147 |
| Micro-location | this home 0.0787 · comparable 0.0953 | −$17,131 |
| Land size | this home 895 m² · comparable 1026 m² | −$15,825 |
| Floor area | this home 132 m² · comparable 208 m² | −$11,552 |
| Year built | this home 1989 · comparable 1990 | −$1,215 |
| Net adjustment | −$209,395 |
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.
“Prices are holding for now, but we need to be watching inflation, household spending, and wage growth as leading indicators of where the market moves next.”Will SimpsonFields Real Estate
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 Padauk Drive over the past 18 months, compared it with Nerang’s wider market, and examined the indicators most likely to reveal what happens next.
Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.
The full comparable-sales assessment for this home — the evidence, adjustment grid and reconciliation behind the range. The same report you can open above.
The document we prepare before a home goes to market — valuation evidence, comparables and market position, with a cover prepared for this address.
The recent nearby sales adjusted to this home, weighed against the national headlines — the same report you can open above.