Smarter with data.
17 Mercure Place
Last recorded sale: $200,000 in October 2001.
Houses for sale nearby
8 nearbyHighland Park first, nearest firstNew listings & latest sales
2 listed in the last 7 days · 3 latest salesin Highland Park or within 3 kmWhere your competition sits
8 competing houses nearbyYour valuation
Swipe the evidence →Comparable-sales methodWe are not putting a figure on this home
We have no recorded internal floor area for this home, and floor area is the single largest adjustment our tested method makes. Without it we will not put that method’s name to a figure.
Where we hold recent nearby sales, they are shown here as recorded, without adjustment.
You’ve now seen the recent nearby sales this estimate sits against.
So which one should you believe?
Not simply the highest, the lowest, or ours because we built it. Look at the evidence behind it — which sales were used, why, and whether the method has been tested against homes that later sold.
“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 sitting unsold for 60 to 180 days doubled from March to August. Where does 17 Mercure Place 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 17 Mercure Place over the past 18 months, compared it with Highland Park’s wider market, and examined the indicators most likely to reveal what happens next.
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My downloads
Reports for this addressProperty 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.
Not available for this homeMarket Update Report
The recent nearby sales adjusted to this home, weighed against the national headlines — the same report you can open above.