28 Balsa Street, Elanora — 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.

129 K P Mcgrath Drive

Sold 13 May 2026 · 0.43 km away

Sold for

$1,665,000

Adjusted to this home

$1,582,558

What we added and subtracted to make this sale comparable to 28 Balsa Street
Bathrooms	this home 2 · comparable 3	−$48,000
Street	this home -0.0314 · comparable -0.0096	−$29,038
Cladding	this home 2 · comparable 1	+$16,000
Micro-location	this home -0.0042 · comparable 0.0032	−$9,857
Floor area	this home 126 m² · comparable 216 m²	−$8,784
Land size	this home 824 m² · comparable 836 m²	−$4,253
Year built	this home 1988 · comparable 1986	+$2,589
Distance to beach	this home 4.38 km · comparable 4.33 km	−$1,099
Net adjustment		−$82,442

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

12 Zinnea Street

Sold 25 June 2026 · 0.94 km away

Sold for

$1,440,000

Adjusted to this home

$1,491,584

What we added and subtracted to make this sale comparable to 28 Balsa Street
Land size	this home 824 m² · comparable 644 m²	+$63,792
Micro-location	this home -0.0042 · comparable 0.0188	−$26,496
Street	this home -0.0314 · comparable -0.0427	+$13,018
Distance to beach	this home 4.38 km · comparable 4.89 km	+$9,694
Year built	this home 1988 · comparable 1993	−$6,472
Floor area	this home 126 m² · comparable 146 m²	−$1,952
Net adjustment		+$51,584

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

12 Numalla Court

Sold 22 May 2026 · 0.70 km away

Sold for

$1,564,000

Adjusted to this home

$1,523,594

What we added and subtracted to make this sale comparable to 28 Balsa Street
Land size	this home 824 m² · comparable 468 m²	+$126,166
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 2 · comparable 3	−$48,000
Micro-location	this home -0.0042 · comparable 0.0176	−$27,276
Year built	this home 1988 · comparable 2002	−$18,122
Floor area	this home 126 m² · comparable 289 m²	−$15,909
Distance to beach	this home 4.38 km · comparable 4.9 km	+$10,735
Net adjustment		−$40,406

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

12 Fatsia Court

Sold 6 March 2026 · 0.44 km away

Sold for

$1,555,000

Adjusted to this home

$1,544,723

What we added and subtracted to make this sale comparable to 28 Balsa Street
Micro-location	this home -0.0042 · comparable 0.0393	−$54,114
Land size	this home 824 m² · comparable 694 m²	+$46,072
Distance to beach	this home 4.38 km · comparable 4.12 km	−$5,337
Year built	this home 1988 · comparable 1985	+$3,883
Floor area	this home 126 m² · comparable 134 m²	−$781
Net adjustment		−$10,277

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

6 Balsa Street

Sold 23 April 2026 · 0.24 km away

Sold for

$1,388,000

Adjusted to this home

$1,471,502

What we added and subtracted to make this sale comparable to 28 Balsa Street
Land size	this home 824 m² · comparable 601 m²	+$79,031
Car spaces	this home 2 · comparable 1	+$28,000
Micro-location	this home -0.0042 · comparable 0.011	−$16,878
Floor area	this home 126 m² · comparable 177 m²	−$4,978
Year built	this home 1988 · comparable 1990	−$2,589
Distance to beach	this home 4.38 km · comparable 4.43 km	+$916
Net adjustment		+$83,502

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

8 Wuruma Court

Sold 1 July 2026 · 0.86 km away

Sold for

$1,615,000

Adjusted to this home

$1,616,230

What we added and subtracted to make this sale comparable to 28 Balsa Street
Bedrooms	this home 3 · comparable 4	−$68,000
Land size	this home 824 m² · comparable 633 m²	+$67,690
Car spaces	this home 2 · comparable 1	+$28,000
Street	this home -0.0314 · comparable -0.018	−$17,313
Year built	this home 1988 · comparable 2000	−$15,533
Distance to beach	this home 4.38 km · comparable 4.95 km	+$12,151
Micro-location	this home -0.0042 · comparable -0.0014	−$3,618
Floor area	this home 126 m² · comparable 148 m²	−$2,147
Net adjustment		+$1,230

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

5 Sequoia Close

Sold 6 May 2026 · 0.76 km away

Sold for

$1,580,000

Adjusted to this home

$1,584,837

What we added and subtracted to make this sale comparable to 28 Balsa Street
Micro-location	this home -0.0042 · comparable 0.0415	−$57,765
Land size	this home 824 m² · comparable 679 m²	+$51,388
Distance to beach	this home 4.38 km · comparable 4.68 km	+$6,257
Year built	this home 1988 · comparable 1985	+$3,883
Floor area	this home 126 m² · comparable 115 m²	+$1,074
Net adjustment		+$4,837

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

28 Avocado Street

Sold 31 August 2026 · 0.61 km away

Sold for

$1,305,000

Adjusted to this home

$1,415,910

What we added and subtracted to make this sale comparable to 28 Balsa Street
Land size	this home 824 m² · comparable 612 m²	+$75,133
Bathrooms	this home 2 · comparable 1	+$48,000
Micro-location	this home -0.0042 · comparable 0.0408	−$46,980
Street	this home -0.0314 · comparable -0.0685	+$38,733
Floor area	this home 126 m² · comparable 180 m²	−$5,270
Year built	this home 1988 · comparable 1987	+$1,294
Net adjustment		+$110,910

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

30 Crest Drive

Sold 9 September 2026 · 0.51 km away

Sold for

$1,750,000

Adjusted to this home

$1,663,773

What we added and subtracted to make this sale comparable to 28 Balsa Street
Street	this home -0.0314 · comparable -0.0011	−$42,420
Micro-location	this home -0.0042 · comparable 0.0248	−$40,600
Land size	this home 824 m² · comparable 789 m²	+$12,404
Floor area	this home 126 m² · comparable 214 m²	−$8,589
Distance to beach	this home 4.38 km · comparable 4.02 km	−$8,316
Year built	this home 1988 · comparable 1987	+$1,294
Net adjustment		−$86,227

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

11 Rossmoyne Close

Sold 28 September 2026 · 0.24 km away

Sold for

$1,500,000

Adjusted to this home

$1,353,183

What we added and subtracted to make this sale comparable to 28 Balsa Street
Bedrooms	this home 3 · comparable 4	−$68,000
Land size	this home 824 m² · comparable 945 m²	−$42,882
Floor area	this home 126 m² · comparable 282 m²	−$15,226
Micro-location	this home -0.0042 · comparable 0.0076	−$14,160
Distance to beach	this home 4.38 km · comparable 4.18 km	−$3,960
Year built	this home 1988 · comparable 1990	−$2,589
Net adjustment		−$146,817

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 28 Balsa Street 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 28 Balsa Street over the past 18 months, compared it with Elanora’s wider market, and examined the indicators most likely to reveal what happens next.

28 Balsa Street

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The 10 sales behind that range — and every adjustment

129 K P Mcgrath Drive

12 Zinnea Street

12 Numalla Court

12 Fatsia Court

6 Balsa Street

8 Wuruma Court

5 Sequoia Close

28 Avocado Street

30 Crest Drive

11 Rossmoyne Close

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 28 Balsa Street sit?

Your home

See your home the way a buyer does

14 Holbrook Way

151 Simpsons Road

4 Breynia Court

69 Ironbark Street

18 Daphne Court

35 Evergreen Drive

14 Ballidu Close

54 K P McGrath Drive

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