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 · 0.22 km away

Sold for

$1,330,000

Adjusted to this home

$1,151,173

What we added and subtracted to make this sale comparable to 23 Macadie Way
Street	this home 0.15 · comparable 0.005	+$154,280
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 123 m² · comparable 181.6 m²	−$93,760
Bedrooms	this home 3 · comparable 4	−$63,461
Condition	this home 6 · comparable 7	−$53,200
Year built	this home 1995 · comparable 2002	−$11,435
Land size	this home 428 m² · comparable 487 m²	−$9,015
Micro-location	this home 0.0435 · comparable 0.0405	+$3,192
Distance to beach	this home 7.76 km · comparable 7.92 km	+$2,298
Net adjustment		−$178,827

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

73 Kingarry Circuit

Sold 25 March 2026 · 0.59 km away

Sold for

$1,245,000

Adjusted to this home

$1,165,434

What we added and subtracted to make this sale comparable to 23 Macadie Way
Street	this home 0.15 · comparable -0.0298	+$179,081
Car spaces	this home 2 · comparable 4	−$107,726
Condition	this home 6 · comparable 8	−$99,600
Pool	this home 0 · comparable 1	−$52,000
Micro-location	this home 0.0435 · comparable 0.0155	+$27,888
Cladding	this home 2 · comparable 3	−$14,400
Land size	this home 428 m² · comparable 508 m²	−$12,224
Floor area	this home 123 m² · comparable 121 m²	+$3,200
Distance to beach	this home 7.76 km · comparable 7.6 km	−$2,151
Year built	this home 1995 · comparable 1996	−$1,634
Net adjustment		−$79,566

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

18 Nisbet Place

Sold 14 January 2026 · 0.97 km away

Sold for

$1,215,000

Adjusted to this home

$1,121,181

What we added and subtracted to make this sale comparable to 23 Macadie Way
Land size	this home 428 m² · comparable 858 m²	−$65,704
Condition	this home 6 · comparable 7	−$48,600
Floor area	this home 123 m² · comparable 110.21 m²	+$20,464
Micro-location	this home 0.0435 · comparable 0.0484	−$4,763
Distance to beach	this home 7.76 km · comparable 8.73 km	+$3,150
Year built	this home 1995 · comparable 1994	+$1,634
Net adjustment		−$93,819

A further 12 factors were compared and found the same on both properties, so no money moved.

13 Willunga Place

Sold 1 December 2025 · 0.98 km away

Sold for

$1,080,000

Adjusted to this home

$1,168,603

What we added and subtracted to make this sale comparable to 23 Macadie Way
Street	this home 0.15 · comparable -0.0392	+$163,469
Condition	this home 6 · comparable 9	−$151,200
Car spaces	this home 2 · comparable 1	+$53,863
Micro-location	this home 0.0435 · comparable -0.0052	+$42,077
Floor area	this home 123 m² · comparable 140 m²	−$27,200
Year built	this home 1995 · comparable 1993	+$3,267
Distance to beach	this home 7.76 km · comparable 8.66 km	+$2,799
Land size	this home 428 m² · comparable 418 m²	+$1,528
Net adjustment		+$88,603

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

14 Griffon Street

Sold 10 March 2026 · 0.29 km away

Sold for

$1,218,000

Adjusted to this home

$1,254,701

What we added and subtracted to make this sale comparable to 23 Macadie Way
Street	this home 0.15 · comparable 0.0335	+$113,518
Floor area	this home 123 m² · comparable 180 m²	−$91,200
Micro-location	this home 0.0435 · comparable 0.0274	+$15,688
Year built	this home 1995 · comparable 1999	−$6,534
Distance to beach	this home 7.76 km · comparable 7.96 km	+$2,631
Land size	this home 428 m² · comparable 411 m²	+$2,598
Net adjustment		+$36,701

A further 12 factors were compared and found the same on both properties, so no money moved.

3 Fairbank Court

Sold 7 August 2026 · 0.48 km away

Sold for

$1,055,000

Adjusted to this home

$1,215,808

What we added and subtracted to make this sale comparable to 23 Macadie Way
Street	this home 0.15 · comparable -0.0568	+$174,539
Land size	this home 428 m² · comparable 331 m²	+$14,822
Cladding	this home 2 · comparable 3	−$14,400
Year built	this home 1995 · comparable 1999	−$6,534
Floor area	this home 123 m² · comparable 126 m²	−$4,800
Distance to beach	this home 7.76 km · comparable 7.52 km	−$2,734
Micro-location	this home 0.0435 · comparable 0.0436	−$85
Net adjustment		+$160,808

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

15 TORRIDON CL

Sold 11 February 2026 · 1.03 km away

Sold for

$1,435,000

Adjusted to this home

$1,225,853

What we added and subtracted to make this sale comparable to 23 Macadie Way
Condition	this home 6 · comparable 9	−$200,900
Street	this home 0.15 · comparable 0.0753	+$85,755
Bedrooms	this home 3 · comparable 4	−$63,461
Land size	this home 428 m² · comparable 696 m²	−$40,950
Floor area	this home 123 m² · comparable 100.07 m²	+$36,688
Micro-location	this home 0.0435 · comparable 0.0739	−$34,899
Year built	this home 1995 · comparable 1992	+$4,901
Distance to beach	this home 7.76 km · comparable 8.75 km	+$3,719
Net adjustment		−$209,147

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

34 Merridown Drive

Sold 6 July 2026 · 1.49 km away

Sold for

$1,425,000

Adjusted to this home

$1,083,000

What we added and subtracted to make this sale comparable to 23 Macadie Way
Car spaces	this home 2 · comparable 6	−$149,234
Micro-location	this home 0.0435 · comparable 0.1211	−$61,275
Bedrooms	this home 3 · comparable 4	−$43,956
Floor area	this home 123 m² · comparable 160 m²	−$41,005
Pool	this home 0 · comparable 1	−$36,018
Land size	this home 428 m² · comparable 737 m²	−$32,704
Street	this home 0.15 · comparable 0.1323	+$13,976
Year built	this home 1995 · comparable 1990	+$5,658
Distance to beach	this home 7.76 km · comparable 9.25 km	+$2,558
Net adjustment		−$342,000

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 23 Macadie Way 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 23 Macadie Way 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