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.

5 Felix Court

Sold 27 April 2026 · 0.97 km away

Sold for

$1,330,000

Adjusted to this home

$1,300,477

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Street	this home 0.15 · comparable 0.005	+$154,280
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 130 m² · comparable 181.6 m²	−$82,560
Bedrooms	this home 3 · comparable 4	−$63,461
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 600 m² · comparable 487 m²	+$17,266
Micro-location	this home 0.0545 · comparable 0.0405	+$14,896
Year built	this home 1994 · comparable 2002	−$13,069
Distance to beach	this home 8.85 km · comparable 7.92 km	−$1,149
Net adjustment		−$29,523

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

18 Nisbet Place

Sold 14 January 2026 · 0.17 km away

Sold for

$1,215,000

Adjusted to this home

$1,265,172

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 600 m² · comparable 858 m²	−$39,422
Floor area	this home 130 m² · comparable 110.21 m²	+$31,664
Micro-location	this home 0.0545 · comparable 0.0484	+$5,930
Net adjustment		+$50,172

A further 13 factors were compared and found the same on both properties, so no money moved.

2 Mull Court

Sold 25 January 2026 · 0.21 km away

Sold for

$1,310,000

Adjusted to this home

$1,232,124

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Bedrooms	this home 3 · comparable 4	−$63,461
Pool	this home 1 · comparable 0	+$52,000
Floor area	this home 130 m² · comparable 160 m²	−$48,000
Land size	this home 600 m² · comparable 763 m²	−$24,906
Street	this home 0.15 · comparable 0.1341	+$16,663
Cladding	this home 2 · comparable 3	−$14,400
Year built	this home 1994 · comparable 1990	+$6,534
Micro-location	this home 0.0545 · comparable 0.0567	−$2,306
Net adjustment		−$77,876

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

14 Griffon Street

Sold 10 March 2026 · 0.91 km away

Sold for

$1,218,000

Adjusted to this home

$1,350,109

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Street	this home 0.15 · comparable 0.0335	+$113,518
Floor area	this home 130 m² · comparable 180 m²	−$80,000
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 600 m² · comparable 411 m²	+$28,879
Micro-location	this home 0.0545 · comparable 0.0274	+$26,406
Year built	this home 1994 · comparable 1999	−$8,168
Distance to beach	this home 8.85 km · comparable 7.96 km	−$526
Net adjustment		+$132,109

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

73 Kingarry Circuit

Sold 25 March 2026 · 1.36 km away

Sold for

$1,245,000

Adjusted to this home

$1,360,612

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Street	this home 0.15 · comparable -0.0298	+$179,081
Car spaces	this home 2 · comparable 4	−$107,726
Micro-location	this home 0.0545 · comparable 0.0155	+$38,844
Floor area	this home 130 m² · comparable 121 m²	+$14,400
Cladding	this home 2 · comparable 3	−$14,400
Land size	this home 600 m² · comparable 508 m²	+$14,058
Distance to beach	this home 8.85 km · comparable 7.6 km	−$5,378
Year built	this home 1994 · comparable 1996	−$3,267
Net adjustment		+$115,612

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

32 Merridown Drive

Sold 30 October 2025 · 0.41 km away

Sold for

$1,335,000

Adjusted to this home

$1,170,676

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Micro-location	this home 0.0545 · comparable 0.1209	−$70,915
Bedrooms	this home 3 · comparable 4	−$63,461
Floor area	this home 130 m² · comparable 150.13 m²	−$32,208
Land size	this home 600 m² · comparable 741 m²	−$21,545
Street	this home 0.15 · comparable 0.1323	+$18,904
Year built	this home 1994 · comparable 1991	+$4,901
Net adjustment		−$164,324

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

3 Cabot Court

Sold 20 April 2026 · 0.99 km away

Sold for

$1,000,000

Adjusted to this home

$1,240,001

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Street	this home 0.15 · comparable -0.0193	+$93,796
Floor area	this home 130 m² · comparable 93 m²	+$40,998
Car spaces	this home 2 · comparable 1	+$37,302
Pool	this home 1 · comparable 0	+$36,011
Land size	this home 600 m² · comparable 400 m²	+$21,163
Micro-location	this home 0.0545 · comparable 0.0433	+$6,205
Year built	this home 1994 · comparable 1990	+$4,526
Net adjustment		+$240,001

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

3 Fairbank Court

Sold 7 August 2026 · 1.38 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,199

What we added and subtracted to make this sale comparable to 2 Nisbet Place
Street	this home 0.15 · comparable -0.0568	+$173,167
Pool	this home 1 · comparable 0	+$51,591
Land size	this home 600 m² · comparable 331 m²	+$40,780
Cladding	this home 2 · comparable 3	−$14,287
Micro-location	this home 0.0545 · comparable 0.0436	+$9,128
Year built	this home 1994 · comparable 1999	−$8,104
Floor area	this home 130 m² · comparable 126 m²	+$6,350
Distance to beach	this home 8.85 km · comparable 7.52 km	−$5,426
Net adjustment		+$253,199

A further 9 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 2 Nisbet 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 2 Nisbet Place 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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Reports for this address

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

2 Nisbet Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

5 Felix Court

18 Nisbet Place

2 Mull Court

14 Griffon Street

73 Kingarry Circuit

32 Merridown Drive

3 Cabot Court

3 Fairbank Court

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

Your home

See your home the way a buyer does

24 Merridown Drive

12 Murrayfield Place

6 Dunedin Close

60 Petherbridge Avenue

6 Nicklaus Court

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields