28 Bordeaux Parade, Mermaid Waters — 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.

53 Bordeaux Parade

Sold 5 May 2026 · 0.10 km away

Sold for

$1,650,000

Adjusted to this home

$1,475,547

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Bedrooms	this home 2 · comparable 3	−$68,000
Floor area	this home 116 m² · comparable 147 m²	−$62,000
Micro-location	this home -0.0002 · comparable 0.0242	−$32,208
Land size	this home 577 m² · comparable 607 m²	−$10,800
Year built	this home 1976 · comparable 2007	−$2,554
Distance to beach	this home 3.97 km · comparable 4.01 km	+$1,109
Net adjustment		−$174,453

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

28 Bordeaux Parade

Sold 3 December 2025 · 0.00 km away

Sold for

$1,600,000

Adjusted to this home

$1,552,000

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Bedrooms	this home 2 · comparable 3	−$68,000
Bathrooms	this home 2 · comparable 1	+$48,000
Car spaces	this home 1 · comparable 2	−$28,000
Net adjustment		−$48,000

A further 14 factors were compared and found the same on both properties, so no money moved.

6 Wayfarer Avenue

Sold 2 July 2026 · 1.28 km away

Sold for

$1,730,000

Adjusted to this home

$1,442,414

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Floor area	this home 116 m² · comparable 152 m²	−$72,000
Bedrooms	this home 2 · comparable 3	−$68,000
Micro-location	this home -0.0002 · comparable 0.0439	−$61,034
Street	this home -0.0981 · comparable -0.0734	−$34,185
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 577 m² · comparable 621 m²	−$15,840
Distance to beach	this home 3.97 km · comparable 3.72 km	−$7,785
Year built	this home 1976 · comparable 1985	−$742
Net adjustment		−$287,586

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

6 Vatakoula Parade

Sold 10 April 2026 · 0.21 km away

Sold for

$1,680,000

Adjusted to this home

$1,335,580

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Street	this home -0.0981 · comparable -0.0145	−$112,358
Micro-location	this home -0.0002 · comparable 0.0713	−$96,096
Floor area	this home 116 m² · comparable 157 m²	−$82,000
Bedrooms	this home 2 · comparable 3	−$68,000
Bathrooms	this home 2 · comparable 1	+$48,000
Car spaces	this home 1 · comparable 2	−$28,000
Distance to beach	this home 3.97 km · comparable 3.77 km	−$6,048
Year built	this home 1976 · comparable 1975	+$82
Net adjustment		−$344,420

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

3 Fairsky Avenue

Sold 27 April 2026 · 1.38 km away

Sold for

$1,805,000

Adjusted to this home

$1,367,098

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Micro-location	this home -0.0002 · comparable 0.1169	−$169,093
Street	this home -0.0981 · comparable -0.0497	−$69,890
Bedrooms	this home 2 · comparable 3	−$68,000
Floor area	this home 116 m² · comparable 141 m²	−$50,000
Distance to beach	this home 3.97 km · comparable 2.85 km	−$36,389
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 577 m² · comparable 622 m²	−$16,200
Year built	this home 1976 · comparable 1980	−$330
Net adjustment		−$437,902

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

37 Arcadia Drive

Sold 3 March 2026 · 1.33 km away

Sold for

$1,840,000

Adjusted to this home

$1,377,209

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Micro-location	this home -0.0002 · comparable 0.096	−$141,606
Street	this home -0.0981 · comparable -0.0277	−$103,629
Bedrooms	this home 2 · comparable 3	−$68,000
Floor area	this home 116 m² · comparable 145 m²	−$58,000
Land size	this home 577 m² · comparable 665 m²	−$31,680
Distance to beach	this home 3.97 km · comparable 3.02 km	−$31,464
Car spaces	this home 1 · comparable 2	−$28,000
Year built	this home 1976 · comparable 1981	−$412
Net adjustment		−$462,791

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

13 Mayra Court

Sold 20 March 2026 · 1.03 km away

Sold for

$1,810,000

Adjusted to this home

$1,324,269

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Street	this home -0.0981 · comparable -0.0049	−$134,954
Floor area	this home 116 m² · comparable 165 m²	−$98,000
Micro-location	this home -0.0002 · comparable 0.0591	−$85,866
Bedrooms	this home 2 · comparable 3	−$68,000
Land size	this home 577 m² · comparable 739 m²	−$58,320
Car spaces	this home 1 · comparable 2	−$28,000
Distance to beach	this home 3.97 km · comparable 3.71 km	−$8,471
Year built	this home 1976 · comparable 2026	−$4,120
Net adjustment		−$485,731

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

4 Salacia Avenue

Sold 15 June 2026 · 1.18 km away

Sold for

$1,759,000

Adjusted to this home

$1,283,590

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Street	this home -0.0981 · comparable 0.0582	−$219,946
Bedrooms	this home 2 · comparable 3	−$68,000
Land size	this home 577 m² · comparable 758 m²	−$65,160
Car spaces	this home 1 · comparable 3	−$56,000
Micro-location	this home -0.0002 · comparable 0.039	−$55,162
Distance to beach	this home 3.97 km · comparable 3.51 km	−$14,565
Floor area	this home 116 m² · comparable 114 m²	+$4,000
Year built	this home 1976 · comparable 1983	−$577
Net adjustment		−$475,410

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

6 Timana Avenue

Sold 13 August 2026 · 1.19 km away

Sold for

$1,565,000

Adjusted to this home

$1,139,886

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Street	this home -0.0981 · comparable -0.0101	−$110,176
Car spaces	this home 1 · comparable 4	−$84,000
Floor area	this home 116 m² · comparable 152 m²	−$72,000
Bedrooms	this home 2 · comparable 3	−$68,000
Micro-location	this home -0.0002 · comparable 0.0463	−$58,218
Land size	this home 577 m² · comparable 646 m²	−$24,840
Distance to beach	this home 3.97 km · comparable 3.74 km	−$6,479
Year built	this home 1976 · comparable 1993	−$1,401
Net adjustment		−$425,114

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

217 Sunshine Boulevard

Sold 22 October 2025 · 1.28 km away

Sold for

$1,465,000

Adjusted to this home

$1,113,400

What we added and subtracted to make this sale comparable to 28 Bordeaux Parade
Micro-location	this home -0.0002 · comparable 0.15	−$148,010
Bedrooms	this home 2 · comparable 3	−$57,174
Floor area	this home 116 m² · comparable 149 m²	−$55,493
Distance to beach	this home 3.97 km · comparable 2.9 km	−$23,724
Car spaces	this home 1 · comparable 2	−$23,542
Street	this home -0.0981 · comparable -0.079	−$18,822
Cladding	this home 2 · comparable 3	−$13,453
Land size	this home 577 m² · comparable 613 m²	−$10,897
Year built	this home 1976 · comparable 1983	−$485
Net adjustment		−$351,600

A further 8 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 Bordeaux Parade 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 Bordeaux Parade over the past 18 months, compared it with Mermaid Waters’s wider market, and examined the indicators most likely to reveal what happens next.

28 Bordeaux Parade

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 10 sales behind that range — and every adjustment

53 Bordeaux Parade

28 Bordeaux Parade

6 Wayfarer Avenue

6 Vatakoula Parade

3 Fairsky Avenue

37 Arcadia Drive

13 Mayra Court

4 Salacia Avenue

6 Timana Avenue

217 Sunshine Boulevard

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

Your home

See your home the way a buyer does

20 Sundowner Court

7 Splice Street

9 Volante Crescent

8A Rumrunner Street

4 Yalgoo Court

76 Gretel Drive

3 Ripponlea Street

102 Rumrunner Street

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields