Smarter with data.
Last recorded sale: $1,200,000 in June 2023.
Comparable range
$1,241,589 – $1,746,591
10 adjusted comparable sales · 1 verified · 1 of 30 candidate sales verified · band ±16.9% measured on 114 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 7 September 2026 · 0.10 km away
Sold for
$1,500,000
Adjusted to this home
$1,482,403
| Car spaces | this home 2 · comparable 3 | −$28,000 |
|---|---|---|
| Street | this home 0.15 · comparable 0.1418 | +$9,840 |
| Floor area | this home 240 m² · comparable 234 m² | +$5,045 |
| Land size | this home 632 m² · comparable 683 m² | −$4,692 |
| Year built | this home 2002 · comparable 2001 | +$210 |
| Net adjustment | −$17,597 |
A further 12 factors were compared and found the same on both properties, so no money moved.
Sold 17 September 2026 · 0.85 km away
Sold for
$1,375,000
Adjusted to this home
$1,397,820
| Floor area | this home 240 m² · comparable 409 m² | −$142,095 |
|---|---|---|
| Micro-location | this home 0.15 · comparable 0.0532 | +$106,480 |
| Bathrooms | this home 3 · comparable 2 | +$68,611 |
| Land size | this home 632 m² · comparable 754 m² | −$11,224 |
| Year built | this home 2002 · comparable 1997 | +$1,048 |
| Net adjustment | +$22,820 |
A further 12 factors were compared and found the same on both properties, so no money moved.
Sold 14 August 2026 · 0.64 km away
Sold for
$1,585,000
Adjusted to this home
$1,471,729
| Car spaces | this home 2 · comparable 6 | −$112,000 |
|---|---|---|
| Floor area | this home 240 m² · comparable 336 m² | −$80,717 |
| Micro-location | this home 0.15 · comparable 0.1082 | +$53,002 |
| Bedrooms | this home 5 · comparable 4 | +$32,970 |
| Land size | this home 632 m² · comparable 728 m² | −$8,832 |
| Year built | this home 2002 · comparable 1991 | +$2,306 |
| Net adjustment | −$113,271 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 14 May 2026 · 0.69 km away
Sold for
$1,500,000
Adjusted to this home
$1,415,480
| Car spaces | this home 2 · comparable 5 | −$84,000 |
|---|---|---|
| Bathrooms | this home 3 · comparable 4 | −$68,611 |
| Micro-location | this home 0.15 · comparable 0.1164 | +$40,320 |
| Bedrooms | this home 5 · comparable 4 | +$32,970 |
| Street | this home 0.15 · comparable 0.1418 | +$9,840 |
| Land size | this home 632 m² · comparable 736 m² | −$9,568 |
| Floor area | this home 240 m² · comparable 249 m² | −$7,567 |
| Year built | this home 2002 · comparable 1992 | +$2,096 |
| Net adjustment | −$84,520 |
A further 9 factors were compared and found the same on both properties, so no money moved.
Sold 16 April 2026 · 0.78 km away
Sold for
$1,325,000
Adjusted to this home
$1,480,647
| Bathrooms | this home 3 · comparable 2 | +$68,611 |
|---|---|---|
| Micro-location | this home 0.15 · comparable 0.1046 | +$48,124 |
| Bedrooms | this home 5 · comparable 4 | +$32,970 |
| Land size | this home 632 m² · comparable 735 m² | −$9,476 |
| Street | this home 0.15 · comparable 0.1418 | +$8,692 |
| Floor area | this home 240 m² · comparable 232 m² | +$6,726 |
| Net adjustment | +$155,647 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 7 September 2026 · 1.27 km away
Sold for
$1,775,000
Adjusted to this home
$1,556,076
| Land size | this home 632 m² · comparable 4790 m² | −$382,536 |
|---|---|---|
| Micro-location | this home 0.15 · comparable 0.0828 | +$95,424 |
| Floor area | this home 240 m² · comparable 135 m² | +$88,284 |
| Car spaces | this home 2 · comparable 4 | −$56,000 |
| Bedrooms | this home 5 · comparable 4 | +$32,970 |
| Year built | this home 2002 · comparable 1988 | +$2,934 |
| Net adjustment | −$218,924 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 29 July 2026 · 0.17 km away
Sold for
$1,480,000
Adjusted to this home
$1,625,469
| Bathrooms | this home 3 · comparable 2 | +$68,611 |
|---|---|---|
| Floor area | this home 240 m² · comparable 175 m² | +$54,652 |
| Bedrooms | this home 5 · comparable 4 | +$32,970 |
| Land size | this home 632 m² · comparable 749 m² | −$10,764 |
| Net adjustment | +$145,469 |
A further 13 factors were compared and found the same on both properties, so no money moved.
Sold 30 October 2025 · 1.47 km away
Sold for
$1,270,000
Adjusted to this home
$1,502,874
| Street | this home 0.15 · comparable -0.0374 | +$190,398 |
|---|---|---|
| Micro-location | this home 0.15 · comparable -0.001 | +$153,416 |
| Car spaces | this home 2 · comparable 6 | −$112,000 |
| Floor area | this home 240 m² · comparable 193 m² | +$39,518 |
| Land size | this home 632 m² · comparable 908 m² | −$25,392 |
| Cladding | this home 2 · comparable 3 | −$16,000 |
| Year built | this home 2002 · comparable 1988 | +$2,934 |
| Net adjustment | +$232,874 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 4 December 2025 · 0.04 km away
Sold for
$1,270,000
Adjusted to this home
$1,318,714
| Floor area | this home 240 m² · comparable 157 m² | +$69,786 |
|---|---|---|
| Car spaces | this home 2 · comparable 4 | −$56,000 |
| Bedrooms | this home 5 · comparable 4 | +$32,970 |
| Land size | this home 632 m² · comparable 613 m² | +$1,748 |
| Year built | this home 2002 · comparable 2001 | +$210 |
| Net adjustment | +$48,714 |
A further 12 factors were compared and found the same on both properties, so no money moved.
Sold 24 February 2026 · 0.84 km away
Sold for
$1,260,000
Adjusted to this home
$1,425,646
| Street | this home 0.15 · comparable 0.0886 | +$61,891 |
|---|---|---|
| Floor area | this home 240 m² · comparable 176 m² | +$53,811 |
| Bedrooms | this home 5 · comparable 4 | +$32,970 |
| Micro-location | this home 0.15 · comparable 0.1223 | +$27,922 |
| Land size | this home 632 m² · comparable 751 m² | −$10,948 |
| Net adjustment | +$165,646 |
A further 12 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 2 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.
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.