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 · 0.21 km away

Sold for

$1,425,000

Adjusted to this home

$1,399,049

What we added and subtracted to make this sale comparable to 15 Merridown Drive
Car spaces	this home 2 · comparable 6	−$215,453
Floor area	this home 246 m² · comparable 160 m²	+$137,600
Condition	this home 7 · comparable 6	+$57,000
Bathrooms	this home 3 · comparable 2	+$40,000
Micro-location	this home 0.0865 · comparable 0.1211	−$39,444
Land size	this home 700 m² · comparable 737 m²	−$5,654
Net adjustment		−$25,951

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

32 Merridown Drive

Sold 30 October 2025 · 0.19 km away

Sold for

$1,335,000

Adjusted to this home

$1,430,354

What we added and subtracted to make this sale comparable to 15 Merridown Drive
Floor area	this home 246 m² · comparable 150.13 m²	+$153,392
Condition	this home 7 · comparable 8	−$53,400
Bathrooms	this home 3 · comparable 2	+$40,000
Micro-location	this home 0.0865 · comparable 0.1209	−$36,739
Land size	this home 700 m² · comparable 741 m²	−$6,265
Year built	this home 1990 · comparable 1991	−$1,634
Net adjustment		+$95,354

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

12 Macallan Street

Sold 23 March 2026 · 0.13 km away

Sold for

$1,440,000

Adjusted to this home

$1,257,736

What we added and subtracted to make this sale comparable to 15 Merridown Drive
Car spaces	this home 2 · comparable 5	−$161,590
Bathrooms	this home 3 · comparable 2	+$40,000
Micro-location	this home 0.0865 · comparable 0.1113	−$28,570
Street	this home 0.1323 · comparable 0.15	−$20,390
Floor area	this home 246 m² · comparable 251 m²	−$8,000
Land size	this home 700 m² · comparable 735 m²	−$5,348
Year built	this home 1990 · comparable 1989	+$1,634
Net adjustment		−$182,264

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

4 Scotia Place

Sold 12 May 2026 · 0.75 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 15 Merridown Drive
Floor area	this home 246 m² · comparable 112 m²	+$79,659
Street	this home 0.1323 · comparable -0.0364	+$54,406
Micro-location	this home 0.0865 · comparable -0.0195	+$34,185
Bedrooms	this home 4 · comparable 3	+$23,578
Car spaces	this home 2 · comparable 1	+$20,013
Pool	this home 1 · comparable 0	+$19,320
Land size	this home 700 m² · comparable 404 m²	+$16,805
Bathrooms	this home 3 · comparable 2	+$14,862
Year built	this home 1990 · comparable 1994	−$2,428
Net adjustment		+$260,400

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

3 Fairbank Court

Sold 7 August 2026 · 1.59 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,202

What we added and subtracted to make this sale comparable to 15 Merridown Drive
Floor area	this home 246 m² · comparable 126 m²	+$80,053
Street	this home 0.1323 · comparable -0.0568	+$66,544
Bedrooms	this home 4 · comparable 3	+$26,459
Land size	this home 700 m² · comparable 331 m²	+$23,509
Pool	this home 1 · comparable 0	+$21,681
Condition	this home 7 · comparable 6	+$17,595
Bathrooms	this home 3 · comparable 2	+$16,678
Micro-location	this home 0.0865 · comparable 0.0436	+$15,097
Year built	this home 1990 · comparable 1999	−$6,130
Cladding	this home 2 · comparable 3	−$6,004
Distance to beach	this home 9.05 km · comparable 7.52 km	−$2,280
Net adjustment		+$253,202

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

13 Willunga Place

Sold 1 December 2025 · 0.54 km away

Sold for

$1,080,000

Adjusted to this home

$1,353,161

What we added and subtracted to make this sale comparable to 15 Merridown Drive
Floor area	this home 246 m² · comparable 140 m²	+$86,350
Street	this home 0.1323 · comparable -0.0392	+$75,442
Condition	this home 7 · comparable 9	−$54,987
Micro-location	this home 0.0865 · comparable -0.0052	+$40,338
Bedrooms	this home 4 · comparable 3	+$32,310
Car spaces	this home 2 · comparable 1	+$27,424
Pool	this home 1 · comparable 0	+$26,475
Land size	this home 700 m² · comparable 418 m²	+$21,938
Bathrooms	this home 3 · comparable 2	+$20,366
Year built	this home 1990 · comparable 1993	−$2,495
Net adjustment		+$273,161

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

$1,518,084

What we added and subtracted to make this sale comparable to 15 Merridown Drive
Floor area	this home 246 m² · comparable 110.21 m²	+$181,966
Bedrooms	this home 4 · comparable 3	+$53,150
Pool	this home 1 · comparable 0	+$43,552
Bathrooms	this home 3 · comparable 2	+$33,502
Micro-location	this home 0.0865 · comparable 0.0484	+$31,017
Land size	this home 700 m² · comparable 858 m²	−$20,220
Street	this home 0.1323 · comparable 0.15	−$14,410
Year built	this home 1990 · comparable 1994	−$5,473
Net adjustment		+$303,084

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

3 Cabot Court

Sold 20 April 2026 · 1.11 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 Merridown Drive
Floor area	this home 246 m² · comparable 93 m²	+$84,438
Street	this home 0.1323 · comparable -0.0193	+$41,833
Bathrooms	this home 3 · comparable 1	+$27,594
Bedrooms	this home 4 · comparable 3	+$21,889
Car spaces	this home 2 · comparable 1	+$18,578
Pool	this home 1 · comparable 0	+$17,936
Land size	this home 700 m² · comparable 400 m²	+$15,811
Micro-location	this home 0.0865 · comparable 0.0433	+$11,921
Net adjustment		+$240,000

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 15 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 15 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

15 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

32 Merridown Drive

12 Macallan Street

4 Scotia Place

3 Fairbank Court

13 Willunga Place

18 Nisbet Place

3 Cabot Court

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

Your home

See your home the way a buyer does

24 Merridown Drive

12 Murrayfield Place

6 Dunedin Close

60 Petherbridge Avenue

6 Nicklaus Court

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Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields