15 Colonsay Crescent, Merrimac — Off-Market Report

The 8 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.

2 Mull Court

Sold 25 January 2026 · 0.12 km away

Sold for

$1,310,000

Adjusted to this home

$1,341,059

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Pool	this home 1 · comparable 0	+$52,000
Street	this home 0.089 · comparable 0.1341	−$47,265
Micro-location	this home 0.096 · comparable 0.0567	+$41,186
Floor area	this home 156 m² · comparable 160 m²	−$6,400
Land size	this home 729 m² · comparable 763 m²	−$5,195
Year built	this home 1988 · comparable 1990	−$3,267
Net adjustment		+$31,059

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

5 Felix Court

Sold 27 April 2026 · 1.25 km away

Sold for

$1,330,000

Adjusted to this home

$1,409,101

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Car spaces	this home 2 · comparable 4	−$107,726
Street	this home 0.089 · comparable 0.005	+$89,376
Micro-location	this home 0.096 · comparable 0.0405	+$59,052
Pool	this home 1 · comparable 0	+$52,000
Floor area	this home 156 m² · comparable 181.6 m²	−$40,960
Land size	this home 729 m² · comparable 487 m²	+$36,978
Year built	this home 1988 · comparable 2002	−$22,870
Cladding	this home 3 · comparable 2	+$14,400
Distance to beach	this home 9.13 km · comparable 7.92 km	−$1,149
Net adjustment		+$79,101

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

32 Merridown Drive

Sold 30 October 2025 · 0.21 km away

Sold for

$1,335,000

Adjusted to this home

$1,279,218

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Street	this home 0.089 · comparable 0.1323	−$46,245
Micro-location	this home 0.096 · comparable 0.1209	−$26,594
Cladding	this home 3 · comparable 2	+$14,400
Floor area	this home 156 m² · comparable 150.13 m²	+$9,392
Year built	this home 1988 · comparable 1991	−$4,901
Land size	this home 729 m² · comparable 741 m²	−$1,834
Net adjustment		−$55,782

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

18 Nisbet Place

Sold 14 January 2026 · 0.43 km away

Sold for

$1,215,000

Adjusted to this home

$1,375,587

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Floor area	this home 156 m² · comparable 110.21 m²	+$73,264
Bedrooms	this home 4 · comparable 3	+$63,461
Street	this home 0.089 · comparable 0.15	−$59,292
Pool	this home 1 · comparable 0	+$52,000
Micro-location	this home 0.096 · comparable 0.0484	+$46,267
Land size	this home 729 m² · comparable 858 m²	−$19,711
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1988 · comparable 1994	−$9,802
Net adjustment		+$160,587

A further 9 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

$1,345,399

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Street	this home 0.089 · comparable -0.0364	+$56,340
Micro-location	this home 0.096 · comparable -0.0195	+$51,893
Floor area	this home 156 m² · comparable 112 m²	+$36,439
Bedrooms	this home 4 · comparable 3	+$32,848
Car spaces	this home 2 · comparable 1	+$27,880
Pool	this home 1 · comparable 0	+$26,915
Land size	this home 729 m² · comparable 404 m²	+$25,704
Cladding	this home 3 · comparable 2	+$7,454
Year built	this home 1988 · comparable 1994	−$5,074
Net adjustment		+$260,399

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

3 Fairbank Court

Sold 7 August 2026 · 1.64 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,199

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Street	this home 0.089 · comparable -0.0568	+$84,640
Bedrooms	this home 4 · comparable 3	+$43,650
Land size	this home 729 m² · comparable 331 m²	+$41,830
Pool	this home 1 · comparable 0	+$35,767
Floor area	this home 156 m² · comparable 126 m²	+$33,015
Micro-location	this home 0.096 · comparable 0.0436	+$30,419
Year built	this home 1988 · comparable 1999	−$12,360
Distance to beach	this home 9.13 km · comparable 7.52 km	−$3,762
Net adjustment		+$253,199

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

13 Willunga Place

Sold 1 December 2025 · 0.53 km away

Sold for

$1,080,000

Adjusted to this home

$1,356,146

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Street	this home 0.089 · comparable -0.0392	+$68,446
Micro-location	this home 0.096 · comparable -0.0052	+$54,031
Bedrooms	this home 4 · comparable 3	+$39,215
Car spaces	this home 2 · comparable 1	+$33,285
Pool	this home 1 · comparable 0	+$32,133
Land size	this home 729 m² · comparable 418 m²	+$29,366
Floor area	this home 156 m² · comparable 140 m²	+$15,819
Cladding	this home 3 · comparable 2	+$8,898
Year built	this home 1988 · comparable 1993	−$5,047
Net adjustment		+$276,146

A further 8 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

$1,240,000

What we added and subtracted to make this sale comparable to 15 Colonsay Crescent
Floor area	this home 156 m² · comparable 93 m²	+$52,554
Street	this home 0.089 · comparable -0.0193	+$45,171
Bedrooms	this home 4 · comparable 3	+$33,086
Car spaces	this home 2 · comparable 1	+$28,082
Pool	this home 1 · comparable 0	+$27,111
Land size	this home 729 m² · comparable 400 m²	+$26,210
Micro-location	this home 0.096 · comparable 0.0433	+$21,981
Cladding	this home 3 · comparable 2	+$7,508
Year built	this home 1988 · comparable 1990	−$1,703
Net adjustment		+$240,000

A further 8 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 15 Colonsay Crescent 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 15 Colonsay Crescent over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.

15 Colonsay Crescent

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The 8 sales behind that range — and every adjustment

2 Mull Court

5 Felix Court

32 Merridown Drive

18 Nisbet Place

4 Scotia Place

3 Fairbank Court

13 Willunga Place

3 Cabot Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 15 Colonsay Crescent sit?

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