24 Colonsay Crescent, Merrimac — Off-Market Report

The 8 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.

5 Felix Court

Sold 27 April 2026 · 1.32 km away

Sold for

$1,330,000

Adjusted to this home

$1,351,660

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Car spaces	this home 2 · comparable 4	−$107,726
Street	this home 0.089 · comparable 0.005	+$89,376
Micro-location	this home 0.1127 · comparable 0.0405	+$76,821
Bedrooms	this home 3 · comparable 4	−$63,461
Condition	this home 6 · comparable 7	−$53,200
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 759 m² · comparable 487 m²	+$41,562
Year built	this home 1990 · comparable 2002	−$19,603
Floor area	this home 186 m² · comparable 181.6 m²	+$7,040
Distance to beach	this home 9.2 km · comparable 7.92 km	−$1,149
Net adjustment		+$21,660

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

2 Mull Court

Sold 25 January 2026 · 0.18 km away

Sold for

$1,310,000

Adjusted to this home

$1,336,551

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Bedrooms	this home 3 · comparable 4	−$63,461
Micro-location	this home 0.1127 · comparable 0.0567	+$58,688
Pool	this home 1 · comparable 0	+$52,000
Street	this home 0.089 · comparable 0.1341	−$47,265
Floor area	this home 186 m² · comparable 160 m²	+$41,600
Cladding	this home 2 · comparable 3	−$14,400
Land size	this home 759 m² · comparable 763 m²	−$611
Net adjustment		+$26,551

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

15 TORRIDON CL

Sold 11 February 2026 · 0.62 km away

Sold for

$1,435,000

Adjusted to this home

$1,426,756

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Condition	this home 6 · comparable 9	−$200,900
Floor area	this home 186 m² · comparable 100.07 m²	+$137,488
Bedrooms	this home 3 · comparable 4	−$63,461
Pool	this home 1 · comparable 0	+$52,000
Micro-location	this home 0.1127 · comparable 0.0739	+$44,542
Street	this home 0.089 · comparable 0.0753	+$15,728
Land size	this home 759 m² · comparable 696 m²	+$9,626
Year built	this home 1990 · comparable 1992	−$3,267
Net adjustment		−$8,244

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

18 Nisbet Place

Sold 14 January 2026 · 0.50 km away

Sold for

$1,215,000

Adjusted to this home

$1,321,210

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Floor area	this home 186 m² · comparable 110.21 m²	+$121,264
Micro-location	this home 0.1127 · comparable 0.0484	+$62,499
Street	this home 0.089 · comparable 0.15	−$59,292
Pool	this home 1 · comparable 0	+$52,000
Condition	this home 6 · comparable 7	−$48,600
Land size	this home 759 m² · comparable 858 m²	−$15,127
Year built	this home 1990 · comparable 1994	−$6,534
Net adjustment		+$106,210

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

73 Kingarry Circuit

Sold 25 March 2026 · 1.67 km away

Sold for

$1,245,000

Adjusted to this home

$1,365,583

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Street	this home 0.089 · comparable -0.0298	+$118,325
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 186 m² · comparable 121 m²	+$104,000
Condition	this home 6 · comparable 8	−$99,600
Micro-location	this home 0.1127 · comparable 0.0155	+$96,811
Land size	this home 759 m² · comparable 508 m²	+$38,353
Cladding	this home 2 · comparable 3	−$14,400
Year built	this home 1990 · comparable 1996	−$9,802
Distance to beach	this home 9.2 km · comparable 7.6 km	−$5,378
Net adjustment		+$120,583

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

3 Fairbank Court

Sold 7 August 2026 · 1.71 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,200

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Street	this home 0.089 · comparable -0.0568	+$86,500
Floor area	this home 186 m² · comparable 126 m²	+$67,482
Land size	this home 759 m² · comparable 331 m²	+$45,971
Micro-location	this home 0.1127 · comparable 0.0436	+$40,995
Pool	this home 1 · comparable 0	+$36,553
Year built	this home 1990 · comparable 1999	−$10,335
Cladding	this home 2 · comparable 3	−$10,122
Distance to beach	this home 9.2 km · comparable 7.52 km	−$3,844
Net adjustment		+$253,200

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

34 Merridown Drive

Sold 6 July 2026 · 0.21 km away

Sold for

$1,425,000

Adjusted to this home

$1,132,110

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Car spaces	this home 2 · comparable 6	−$215,453
Bedrooms	this home 3 · comparable 4	−$63,461
Street	this home 0.089 · comparable 0.1323	−$49,362
Floor area	this home 186 m² · comparable 160 m²	+$41,600
Micro-location	this home 0.1127 · comparable 0.1211	−$9,576
Land size	this home 759 m² · comparable 737 m²	+$3,362
Net adjustment		−$292,890

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

3 Cabot Court

Sold 20 April 2026 · 1.07 km away

Sold for

$1,000,000

Adjusted to this home

$1,239,999

What we added and subtracted to make this sale comparable to 24 Colonsay Crescent
Floor area	this home 186 m² · comparable 93 m²	+$79,065
Street	this home 0.089 · comparable -0.0193	+$46,036
Micro-location	this home 0.1127 · comparable 0.0433	+$29,501
Land size	this home 759 m² · comparable 400 m²	+$29,147
Car spaces	this home 2 · comparable 1	+$28,620
Pool	this home 1 · comparable 0	+$27,630
Bathrooms	this home 2 · comparable 1	+$21,254
Condition	this home 6 · comparable 7	−$21,254
Net adjustment		+$239,999

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.

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 24 Colonsay Crescent 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 24 Colonsay Crescent over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.

24 Colonsay Crescent

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The 8 sales behind that range — and every adjustment

5 Felix Court

2 Mull Court

15 TORRIDON CL

18 Nisbet Place

73 Kingarry Circuit

3 Fairbank Court

34 Merridown Drive

3 Cabot Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 24 Colonsay Crescent sit?

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