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.

18 Nisbet Place

Sold 14 January 2026 · 1.21 km away

Sold for

$1,215,000

Adjusted to this home

$1,207,496

What we added and subtracted to make this sale comparable to 17 Terrace Court
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Floor area	this home 127 m² · comparable 110.21 m²	+$26,864
Street	this home 0.1224 · comparable 0.15	−$26,827
Land size	this home 765 m² · comparable 858 m²	−$14,210
Year built	this home 1988 · comparable 1994	−$9,802
Micro-location	this home 0.053 · comparable 0.0484	+$4,471
Net adjustment		−$7,504

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

5 Felix Court

Sold 27 April 2026 · 1.36 km away

Sold for

$1,330,000

Adjusted to this home

$1,347,852

What we added and subtracted to make this sale comparable to 17 Terrace Court
Street	this home 0.1224 · comparable 0.005	+$124,914
Floor area	this home 127 m² · comparable 181.6 m²	−$87,360
Bedrooms	this home 3 · comparable 4	−$63,461
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 765 m² · comparable 487 m²	+$42,478
Bathrooms	this home 1 · comparable 2	−$40,000
Year built	this home 1988 · comparable 2002	−$22,870
Micro-location	this home 0.053 · comparable 0.0405	+$13,300
Distance to beach	this home 8.44 km · comparable 7.92 km	−$1,149
Net adjustment		+$17,852

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

14 Griffon Street

Sold 10 March 2026 · 0.99 km away

Sold for

$1,218,000

Adjusted to this home

$1,292,364

What we added and subtracted to make this sale comparable to 17 Terrace Court
Street	this home 0.1224 · comparable 0.0335	+$86,624
Floor area	this home 127 m² · comparable 180 m²	−$84,800
Land size	this home 765 m² · comparable 411 m²	+$54,091
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.053 · comparable 0.0274	+$24,945
Year built	this home 1988 · comparable 1999	−$17,970
Distance to beach	this home 8.44 km · comparable 7.96 km	−$526
Net adjustment		+$74,364

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

34 Merridown Drive

Sold 6 July 2026 · 1.48 km away

Sold for

$1,425,000

Adjusted to this home

$1,180,830

What we added and subtracted to make this sale comparable to 17 Terrace Court
Micro-location	this home 0.053 · comparable 0.1211	−$77,634
Bedrooms	this home 3 · comparable 4	−$63,461
Floor area	this home 127 m² · comparable 160 m²	−$52,800
Bathrooms	this home 1 · comparable 2	−$40,000
Street	this home 0.1224 · comparable 0.1323	−$11,286
Land size	this home 765 m² · comparable 737 m²	+$4,278
Year built	this home 1988 · comparable 1990	−$3,267
Net adjustment		−$244,170

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

3 Fairbank Court

Sold 7 August 2026 · 1.11 km away

Sold for

$1,055,000

Adjusted to this home

$1,256,255

What we added and subtracted to make this sale comparable to 17 Terrace Court
Street	this home 0.1224 · comparable -0.0568	+$151,245
Land size	this home 765 m² · comparable 331 m²	+$66,315
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Year built	this home 1988 · comparable 1999	−$17,970
Cladding	this home 2 · comparable 3	−$14,400
Micro-location	this home 0.053 · comparable 0.0436	+$7,934
Distance to beach	this home 8.44 km · comparable 7.52 km	−$5,469
Floor area	this home 127 m² · comparable 126 m²	+$1,600
Net adjustment		+$201,255

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

3 Cabot Court

Sold 20 April 2026 · 0.27 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 17 Terrace Court
Street	this home 0.1224 · comparable -0.0193	+$97,157
Land size	this home 765 m² · comparable 400 m²	+$47,800
Floor area	this home 127 m² · comparable 93 m²	+$46,625
Pool	this home 1 · comparable 0	+$44,567
Micro-location	this home 0.053 · comparable 0.0433	+$6,651
Year built	this home 1988 · comparable 1990	−$2,800
Net adjustment		+$240,000

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

2 Mull Court

Sold 25 January 2026 · 1.14 km away

Sold for

$1,310,000

Adjusted to this home

$1,172,238

What we added and subtracted to make this sale comparable to 17 Terrace Court
Bedrooms	this home 3 · comparable 4	−$63,461
Floor area	this home 127 m² · comparable 160 m²	−$52,800
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Cladding	this home 2 · comparable 3	−$14,400
Street	this home 0.1224 · comparable 0.1341	−$12,262
Micro-location	this home 0.053 · comparable 0.0567	−$3,878
Year built	this home 1988 · comparable 1990	−$3,267
Land size	this home 765 m² · comparable 763 m²	+$306
Net adjustment		−$137,762

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

13 Willunga Place

Sold 1 December 2025 · 0.79 km away

Sold for

$1,080,000

Adjusted to this home

$1,305,961

What we added and subtracted to make this sale comparable to 17 Terrace Court
Street	this home 0.1224 · comparable -0.0392	+$139,622
Land size	this home 765 m² · comparable 418 m²	+$53,022
Pool	this home 1 · comparable 0	+$52,000
Micro-location	this home 0.053 · comparable -0.0052	+$50,285
Bathrooms	this home 1 · comparable 2	−$40,000
Floor area	this home 127 m² · comparable 140 m²	−$20,800
Year built	this home 1988 · comparable 1993	−$8,168
Net adjustment		+$225,961

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 17 Terrace Court 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 Terrace Court 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