2 Elowra Court, Tugun — 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.

14 Mirreen Drive

Sold 2 March 2026 · 0.22 km away

Sold for

$1,480,000

Adjusted to this home

$1,499,413

What we added and subtracted to make this sale comparable to 2 Elowra Court
Land size	this home 761 m² · comparable 817 m²	−$18,099
Floor area	this home 127 m² · comparable 120 m²	+$14,000
Micro-location	this home 0.0395 · comparable 0.0291	+$12,314
Year built	this home 1990 · comparable 1986	+$9,600
Distance to beach	this home 7.52 km · comparable 7.62 km	+$1,598
Net adjustment		+$19,413

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

59 Toolona Street

Sold 29 April 2026 · 0.80 km away

Sold for

$1,540,000

Adjusted to this home

$1,623,706

What we added and subtracted to make this sale comparable to 2 Elowra Court
Land size	this home 761 m² · comparable 405 m²	+$115,059
Bathrooms	this home 1 · comparable 2	−$48,000
Floor area	this home 127 m² · comparable 107 m²	+$40,000
Micro-location	this home 0.0395 · comparable 0.0688	−$36,098
Cladding	this home 2 · comparable 1	+$16,000
Distance to beach	this home 7.52 km · comparable 7.18 km	−$5,655
Year built	this home 1990 · comparable 1989	+$2,400
Net adjustment		+$83,706

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

9 Morshead Street

Sold 1.23 km away

Sold for

$1,649,000

Adjusted to this home

$1,608,226

What we added and subtracted to make this sale comparable to 2 Elowra Court
Micro-location	this home 0.0395 · comparable 0.15	−$145,771
Land size	this home 761 m² · comparable 496 m²	+$85,648
Floor area	this home 127 m² · comparable 92 m²	+$70,000
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 1 · comparable 2	−$48,000
Year built	this home 1990 · comparable 1978	+$28,800
Car spaces	this home 2 · comparable 1	+$28,000
Distance to beach	this home 7.52 km · comparable 8.1 km	+$8,549
Net adjustment		−$40,774

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

47 Toolona Street

Sold 26 March 2026 · 0.87 km away

Sold for

$1,475,000

Adjusted to this home

$1,534,381

What we added and subtracted to make this sale comparable to 2 Elowra Court
Land size	this home 761 m² · comparable 405 m²	+$115,059
Micro-location	this home 0.0395 · comparable 0.0804	−$48,262
Bathrooms	this home 1 · comparable 2	−$48,000
Car spaces	this home 2 · comparable 1	+$28,000
Year built	this home 1990 · comparable 1980	+$24,000
Floor area	this home 127 m² · comparable 130 m²	−$6,000
Distance to beach	this home 7.52 km · comparable 7.18 km	−$5,416
Net adjustment		+$59,381

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

3 Castle Court

Sold 22 April 2026 · 0.72 km away

Sold for

$1,680,000

Adjusted to this home

$1,539,702

What we added and subtracted to make this sale comparable to 2 Elowra Court
Floor area	this home 127 m² · comparable 198 m²	−$142,000
Bathrooms	this home 1 · comparable 3	−$96,000
Micro-location	this home 0.0395 · comparable -0.0065	+$61,824
Land size	this home 761 m² · comparable 600 m²	+$52,035
Year built	this home 1990 · comparable 1999	−$21,600
Distance to beach	this home 7.52 km · comparable 7.82 km	+$5,443
Net adjustment		−$140,298

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

8 Costelloe Street

Sold 7 May 2026 · 0.26 km away

Sold for

$1,675,000

Adjusted to this home

$1,467,930

What we added and subtracted to make this sale comparable to 2 Elowra Court
Bedrooms	this home 3 · comparable 4	−$68,000
Floor area	this home 127 m² · comparable 158 m²	−$62,000
Bathrooms	this home 1 · comparable 2	−$48,000
Land size	this home 761 m² · comparable 808 m²	−$15,190
Micro-location	this home 0.0395 · comparable 0.0502	−$14,338
Year built	this home 1990 · comparable 1988	+$4,800
Distance to beach	this home 7.52 km · comparable 7.28 km	−$4,342
Net adjustment		−$207,070

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

16 Alinjarra Drive

Sold 28 April 2026 · 0.28 km away

Sold for

$1,765,000

Adjusted to this home

$1,553,609

What we added and subtracted to make this sale comparable to 2 Elowra Court
Floor area	this home 127 m² · comparable 189 m²	−$124,000
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 1 · comparable 2	−$48,000
Car spaces	this home 2 · comparable 1	+$28,000
Year built	this home 1990 · comparable 1988	+$4,800
Land size	this home 761 m² · comparable 772 m²	−$3,555
Distance to beach	this home 7.52 km · comparable 7.42 km	−$1,906
Micro-location	this home 0.0395 · comparable 0.0386	+$1,270
Net adjustment		−$211,391

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

16 Monash Street

Sold 13 August 2026 · 1.09 km away

Sold for

$1,255,000

Adjusted to this home

$1,463,275

What we added and subtracted to make this sale comparable to 2 Elowra Court
Land size	this home 761 m² · comparable 405 m²	+$115,059
Floor area	this home 127 m² · comparable 97 m²	+$60,000
Year built	this home 1990 · comparable 2002	−$28,800
Car spaces	this home 2 · comparable 1	+$28,000
Micro-location	this home 0.0395 · comparable 0.0121	+$27,510
Distance to beach	this home 7.52 km · comparable 8.09 km	+$6,506
Net adjustment		+$208,275

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

48 West Wyberba Street

Sold 17 June 2026 · 0.85 km away

Sold for

$1,800,000

Adjusted to this home

$1,593,051

What we added and subtracted to make this sale comparable to 2 Elowra Court
Land size	this home 761 m² · comparable 405 m²	+$115,059
Bathrooms	this home 1 · comparable 3	−$96,000
Bedrooms	this home 3 · comparable 4	−$68,000
Year built	this home 1990 · comparable 2014	−$57,600
Micro-location	this home 0.0395 · comparable 0.0747	−$50,688
Floor area	this home 127 m² · comparable 147 m²	−$40,000
Distance to beach	this home 7.52 km · comparable 7.02 km	−$9,720
Net adjustment		−$206,949

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

24 Nangana Street

Sold 7 May 2026 · 0.47 km away

Sold for

$1,900,000

Adjusted to this home

$1,368,000

What we added and subtracted to make this sale comparable to 2 Elowra Court
Land size	this home 761 m² · comparable 3853 m²	−$443,346
Bedrooms	this home 3 · comparable 4	−$30,168
Floor area	this home 127 m² · comparable 159 m²	−$28,393
Bathrooms	this home 1 · comparable 2	−$21,294
Micro-location	this home 0.0395 · comparable 0.0509	−$7,687
Cladding	this home 2 · comparable 1	+$7,098
Year built	this home 1990 · comparable 1996	−$6,389
Distance to beach	this home 7.52 km · comparable 7.32 km	−$1,821
Net adjustment		−$532,000

A further 8 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 2 Elowra 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 2 Elowra Court over the past 18 months, compared it with Tugun’s wider market, and examined the indicators most likely to reveal what happens next.

2 Elowra Court

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The 10 sales behind that range — and every adjustment

14 Mirreen Drive

59 Toolona Street

9 Morshead Street

47 Toolona Street

3 Castle Court

8 Costelloe Street

16 Alinjarra Drive

16 Monash Street

48 West Wyberba Street

24 Nangana Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 2 Elowra Court sit?

Your home

See your home the way a buyer does

6 Taperell Drive

23 Wagawn Street

30 O'Connor Street

19 San Michele Street

8 Costelloe Street

19 Winders Avenue

39A Dilgara Street

106 Illawarra Crescent

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