Smarter with data.
Last recorded sale: $190,000 in April 1994.
Comparable range
$1,022,702 – $1,582,908
8 adjusted comparable sales · 8 verified · 12 of 22 candidate sales verified · band ±21.5% measured on 65 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 25 January 2026 · 0.14 km away
Sold for
$1,310,000
Adjusted to this home
$1,323,059
| Micro-location | this home 0.0834 · comparable 0.0567 | +$27,982 |
|---|---|---|
| Land size | this home 720 m² · comparable 763 m² | −$6,570 |
| Year built | this home 1988 · comparable 1990 | −$3,267 |
| Floor area | this home 158 m² · comparable 160 m² | −$3,200 |
| Street | this home 0.1323 · comparable 0.1341 | −$1,886 |
| Net adjustment | +$13,059 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 27 April 2026 · 1.18 km away
Sold for
$1,330,000
Adjusted to this home
$1,391,590
| Street | this home 0.1323 · comparable 0.005 | +$135,447 |
|---|---|---|
| Car spaces | this home 2 · comparable 4 | −$107,726 |
| Micro-location | this home 0.0834 · comparable 0.0405 | +$45,646 |
| Floor area | this home 158 m² · comparable 181.6 m² | −$37,760 |
| Land size | this home 720 m² · comparable 487 m² | +$35,602 |
| Year built | this home 1988 · comparable 2002 | −$22,870 |
| Cladding | this home 3 · comparable 2 | +$14,400 |
| Distance to beach | this home 9.07 km · comparable 7.92 km | −$1,149 |
| Net adjustment | +$61,590 |
A further 8 factors were compared and found the same on both properties, so no money moved.
Sold 14 January 2026 · 0.36 km away
Sold for
$1,215,000
Adjusted to this home
$1,291,791
| Floor area | this home 158 m² · comparable 110.21 m² | +$76,464 |
|---|---|---|
| Micro-location | this home 0.0834 · comparable 0.0484 | +$34,020 |
| Land size | this home 720 m² · comparable 858 m² | −$21,086 |
| Street | this home 0.1323 · comparable 0.15 | −$17,205 |
| Cladding | this home 3 · comparable 2 | +$14,400 |
| Year built | this home 1988 · comparable 1994 | −$9,802 |
| Net adjustment | +$76,791 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 17 April 2026 · 1.29 km away
Sold for
$1,380,000
Adjusted to this home
$1,264,596
| Floor area | this home 158 m² · comparable 260 m² | −$163,200 |
|---|---|---|
| Car spaces | this home 2 · comparable 1 | +$53,863 |
| Pool | this home 0 · comparable 1 | −$52,000 |
| Micro-location | this home 0.0834 · comparable 0.055 | +$31,354 |
| Cladding | this home 3 · comparable 2 | +$14,400 |
| Street | this home 0.1323 · comparable 0.1302 | +$2,318 |
| Land size | this home 720 m² · comparable 734 m² | −$2,139 |
| Net adjustment | −$115,404 |
A further 9 factors were compared and found the same on both properties, so no money moved.
Sold 3 June 2026 · 1.25 km away
Sold for
$1,185,000
Adjusted to this home
$1,343,683
| Floor area | this home 158 m² · comparable 122 m² | +$57,600 |
|---|---|---|
| Car spaces | this home 2 · comparable 1 | +$53,863 |
| Micro-location | this home 0.0834 · comparable 0.053 | +$28,819 |
| Street | this home 0.1323 · comparable 0.1224 | +$9,386 |
| Land size | this home 720 m² · comparable 661 m² | +$9,015 |
| Net adjustment | +$158,683 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 30 October 2025 · 0.20 km away
Sold for
$1,335,000
Adjusted to this home
$1,261,832
| Pool | this home 0 · comparable 1 | −$52,000 |
|---|---|---|
| Micro-location | this home 0.0834 · comparable 0.1209 | −$40,050 |
| Cladding | this home 3 · comparable 2 | +$14,400 |
| Floor area | this home 158 m² · comparable 150.13 m² | +$12,592 |
| Year built | this home 1988 · comparable 1991 | −$4,901 |
| Land size | this home 720 m² · comparable 741 m² | −$3,209 |
| Net adjustment | −$73,168 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 10 March 2026 · 1.13 km away
Sold for
$1,218,000
Adjusted to this home
$1,376,755
| Street | this home 0.1323 · comparable 0.0335 | +$96,270 |
|---|---|---|
| Micro-location | this home 0.0834 · comparable 0.0274 | +$54,566 |
| Land size | this home 720 m² · comparable 411 m² | +$47,215 |
| Floor area | this home 158 m² · comparable 180 m² | −$35,200 |
| Year built | this home 1988 · comparable 1999 | −$17,970 |
| Cladding | this home 3 · comparable 2 | +$14,400 |
| Distance to beach | this home 9.07 km · comparable 7.96 km | −$526 |
| Net adjustment | +$158,755 |
A further 9 factors were compared and found the same on both properties, so no money moved.
Sold 7 August 2026 · 1.60 km away
Sold for
$1,055,000
Adjusted to this home
$1,308,200
| Street | this home 0.1323 · comparable -0.0568 | +$144,122 |
|---|---|---|
| Land size | this home 720 m² · comparable 331 m² | +$53,675 |
| Floor area | this home 158 m² · comparable 126 m² | +$46,234 |
| Micro-location | this home 0.0834 · comparable 0.0436 | +$30,334 |
| Year built | this home 1988 · comparable 1999 | −$16,227 |
| Distance to beach | this home 9.07 km · comparable 7.52 km | −$4,938 |
| Net adjustment | +$253,200 |
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 16 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.
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.