16 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.

12 Zinnea Street

Sold 25 June 2026 · 0.81 km away

Sold for

$1,440,000

Adjusted to this home

$1,429,324

What we added and subtracted to make this sale comparable to 16 Balsa Street
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 700 m² · comparable 644 m²	+$20,339
Micro-location	this home 0.0052 · comparable 0.0188	−$15,667
Street	this home -0.0314 · comparable -0.0427	+$13,018
Year built	this home 1989 · comparable 1993	−$9,600
Distance to beach	this home 4.42 km · comparable 4.89 km	+$8,934
Floor area	this home 149 m² · comparable 146 m²	+$300
Net adjustment		−$10,676

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

129 K P Mcgrath Drive

Sold 13 May 2026 · 0.57 km away

Sold for

$1,665,000

Adjusted to this home

$1,527,753

What we added and subtracted to make this sale comparable to 16 Balsa Street
Land size	this home 700 m² · comparable 836 m²	−$49,395
Bathrooms	this home 2 · comparable 3	−$48,000
Street	this home -0.0314 · comparable -0.0096	−$29,038
Car spaces	this home 1 · comparable 2	−$28,000
Cladding	this home 2 · comparable 1	+$16,000
Year built	this home 1989 · comparable 1986	+$7,200
Floor area	this home 149 m² · comparable 216 m²	−$6,700
Micro-location	this home 0.0052 · comparable 0.0032	+$2,664
Distance to beach	this home 4.42 km · comparable 4.33 km	−$1,978
Net adjustment		−$137,247

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

6 Balsa Street

Sold 23 April 2026 · 0.10 km away

Sold for

$1,388,000

Adjusted to this home

$1,412,500

What we added and subtracted to make this sale comparable to 16 Balsa Street
Land size	this home 700 m² · comparable 601 m²	+$35,957
Micro-location	this home 0.0052 · comparable 0.011	−$6,440
Floor area	this home 149 m² · comparable 177 m²	−$2,800
Year built	this home 1989 · comparable 1990	−$2,400
Distance to beach	this home 4.42 km · comparable 4.43 km	+$183
Net adjustment		+$24,500

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

28 Avocado Street

Sold 31 August 2026 · 0.48 km away

Sold for

$1,305,000

Adjusted to this home

$1,359,540

What we added and subtracted to make this sale comparable to 16 Balsa Street
Bathrooms	this home 2 · comparable 1	+$48,000
Street	this home -0.0314 · comparable -0.0685	+$38,733
Micro-location	this home 0.0052 · comparable 0.0408	−$37,166
Land size	this home 700 m² · comparable 612 m²	+$31,962
Car spaces	this home 1 · comparable 2	−$28,000
Year built	this home 1989 · comparable 1987	+$4,800
Floor area	this home 149 m² · comparable 180 m²	−$3,100
Distance to beach	this home 4.42 km · comparable 4.38 km	−$689
Net adjustment		+$54,540

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

12 Numalla Court

Sold 22 May 2026 · 0.59 km away

Sold for

$1,564,000

Adjusted to this home

$1,453,457

What we added and subtracted to make this sale comparable to 16 Balsa Street
Land size	this home 700 m² · comparable 468 m²	+$84,262
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 2 · comparable 3	−$48,000
Year built	this home 1989 · comparable 2002	−$31,200
Car spaces	this home 1 · comparable 2	−$28,000
Micro-location	this home 0.0052 · comparable 0.0176	−$15,515
Floor area	this home 149 m² · comparable 289 m²	−$14,000
Distance to beach	this home 4.42 km · comparable 4.9 km	+$9,910
Net adjustment		−$110,543

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

12 Fatsia Court

Sold 6 March 2026 · 0.37 km away

Sold for

$1,555,000

Adjusted to this home

$1,491,700

What we added and subtracted to make this sale comparable to 16 Balsa Street
Micro-location	this home 0.0052 · comparable 0.0393	−$42,421
Car spaces	this home 1 · comparable 2	−$28,000
Year built	this home 1989 · comparable 1985	+$9,600
Distance to beach	this home 4.42 km · comparable 4.12 km	−$6,158
Land size	this home 700 m² · comparable 694 m²	+$2,179
Floor area	this home 149 m² · comparable 134 m²	+$1,500
Net adjustment		−$63,300

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

8 Wuruma Court

Sold 1 July 2026 · 0.73 km away

Sold for

$1,615,000

Adjusted to this home

$1,547,546

What we added and subtracted to make this sale comparable to 16 Balsa Street
Bedrooms	this home 3 · comparable 4	−$68,000
Year built	this home 1989 · comparable 2000	−$26,400
Land size	this home 700 m² · comparable 633 m²	+$24,334
Street	this home -0.0314 · comparable -0.018	−$17,313
Distance to beach	this home 4.42 km · comparable 4.95 km	+$11,298
Micro-location	this home 0.0052 · comparable -0.0014	+$8,527
Floor area	this home 149 m² · comparable 148 m²	+$100
Net adjustment		−$67,454

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

5 Sequoia Close

Sold 6 May 2026 · 0.88 km away

Sold for

$1,580,000

Adjusted to this home

$1,532,166

What we added and subtracted to make this sale comparable to 16 Balsa Street
Micro-location	this home 0.0052 · comparable 0.0415	−$45,883
Car spaces	this home 1 · comparable 2	−$28,000
Year built	this home 1989 · comparable 1985	+$9,600
Land size	this home 700 m² · comparable 679 m²	+$7,627
Distance to beach	this home 4.42 km · comparable 4.68 km	+$5,422
Floor area	this home 149 m² · comparable 115 m²	+$3,400
Net adjustment		−$47,834

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

15 Zinnea Street

Sold 18 June 2026 · 0.84 km away

Sold for

$1,590,000

Adjusted to this home

$1,603,927

What we added and subtracted to make this sale comparable to 16 Balsa Street
Land size	this home 700 m² · comparable 603 m²	+$35,230
Car spaces	this home 1 · comparable 2	−$28,000
Street	this home -0.0314 · comparable -0.0427	+$14,374
Micro-location	this home 0.0052 · comparable 0.0148	−$12,211
Year built	this home 1989 · comparable 1993	−$9,600
Distance to beach	this home 4.42 km · comparable 4.86 km	+$9,234
Floor area	this home 149 m² · comparable 100 m²	+$4,900
Net adjustment		+$13,927

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

11 Rossmoyne Close

Sold 28 September 2026 · 0.36 km away

Sold for

$1,500,000

Adjusted to this home

$1,291,684

What we added and subtracted to make this sale comparable to 16 Balsa Street
Land size	this home 700 m² · comparable 945 m²	−$88,984
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 1 · comparable 2	−$28,000
Floor area	this home 149 m² · comparable 282 m²	−$13,300
Distance to beach	this home 4.42 km · comparable 4.18 km	−$4,752
Micro-location	this home 0.0052 · comparable 0.0076	−$2,880
Year built	this home 1989 · comparable 1990	−$2,400
Net adjustment		−$208,316

A further 9 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 16 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 16 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.

16 Balsa Street

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The 10 sales behind that range — and every adjustment

12 Zinnea Street

129 K P Mcgrath Drive

6 Balsa Street

28 Avocado Street

12 Numalla Court

12 Fatsia Court

8 Wuruma Court

5 Sequoia Close

15 Zinnea Street

11 Rossmoyne Close

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 16 Balsa Street sit?

Your home

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