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.

32 Merridown Drive

Sold 30 October 2025 · 0.04 km away

Sold for

$1,335,000

Adjusted to this home

$1,365,022

What we added and subtracted to make this sale comparable to 28 Merridown Drive
Floor area	this home 188 m² · comparable 150.13 m²	+$60,592
Pool	this home 0 · comparable 1	−$52,000
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 804 m² · comparable 741 m²	+$9,626
Year built	this home 1990 · comparable 1991	−$1,634
Micro-location	this home 0.12 · comparable 0.1209	−$962
Net adjustment		+$30,022

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

34 Merridown Drive

Sold 6 July 2026 · 0.06 km away

Sold for

$1,425,000

Adjusted to this home

$1,225,731

What we added and subtracted to make this sale comparable to 28 Merridown Drive
Car spaces	this home 2 · comparable 6	−$215,453
Pool	this home 0 · comparable 1	−$52,000
Floor area	this home 188 m² · comparable 160 m²	+$44,800
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 804 m² · comparable 737 m²	+$10,238
Micro-location	this home 0.12 · comparable 0.1211	−$1,254
Net adjustment		−$199,269

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

2 Mull Court

Sold 25 January 2026 · 0.28 km away

Sold for

$1,310,000

Adjusted to this home

$1,425,517

What we added and subtracted to make this sale comparable to 28 Merridown Drive
Micro-location	this home 0.12 · comparable 0.0567	+$66,338
Floor area	this home 188 m² · comparable 160 m²	+$44,800
Land size	this home 804 m² · comparable 763 m²	+$6,265
Street	this home 0.1323 · comparable 0.1341	−$1,886
Net adjustment		+$115,517

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

5 Felix Court

Sold 27 April 2026 · 1.31 km away

Sold for

$1,330,000

Adjusted to this home

$1,494,635

What we added and subtracted to make this sale comparable to 28 Merridown Drive
Street	this home 0.1323 · comparable 0.005	+$135,447
Car spaces	this home 2 · comparable 4	−$107,726
Micro-location	this home 0.12 · comparable 0.0405	+$84,588
Land size	this home 804 m² · comparable 487 m²	+$48,438
Year built	this home 1990 · comparable 2002	−$19,603
Cladding	this home 3 · comparable 2	+$14,400
Floor area	this home 188 m² · comparable 181.6 m²	+$10,240
Distance to beach	this home 9.21 km · comparable 7.92 km	−$1,149
Net adjustment		+$164,635

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

4 Scotia Place

Sold 12 May 2026 · 0.85 km away

Sold for

$1,085,000

Adjusted to this home

$1,345,401

What we added and subtracted to make this sale comparable to 28 Merridown Drive
Street	this home 0.1323 · comparable -0.0364	+$66,266
Floor area	this home 188 m² · comparable 112 m²	+$55,028
Micro-location	this home 0.12 · comparable -0.0195	+$54,795
Bedrooms	this home 4 · comparable 3	+$28,718
Land size	this home 804 m² · comparable 404 m²	+$27,659
Car spaces	this home 2 · comparable 1	+$24,375
Cladding	this home 3 · comparable 2	+$6,517
Year built	this home 1990 · comparable 1994	−$2,957
Net adjustment		+$260,401

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

18 Nisbet Place

Sold 14 January 2026 · 0.49 km away

Sold for

$1,215,000

Adjusted to this home

$1,454,930

What we added and subtracted to make this sale comparable to 28 Merridown Drive
Floor area	this home 188 m² · comparable 110.21 m²	+$124,464
Micro-location	this home 0.12 · comparable 0.0484	+$69,595
Bedrooms	this home 4 · comparable 3	+$63,461
Street	this home 0.1323 · comparable 0.15	−$17,205
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 804 m² · comparable 858 m²	−$8,251
Year built	this home 1990 · comparable 1994	−$6,534
Net adjustment		+$239,930

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

13 Willunga Place

Sold 1 December 2025 · 0.68 km away

Sold for

$1,080,000

Adjusted to this home

$1,353,661

What we added and subtracted to make this sale comparable to 28 Merridown Drive
Street	this home 0.1323 · comparable -0.0392	+$78,138
Micro-location	this home 0.12 · comparable -0.0052	+$57,043
Floor area	this home 188 m² · comparable 140 m²	+$40,499
Bedrooms	this home 4 · comparable 3	+$33,465
Land size	this home 804 m² · comparable 418 m²	+$31,102
Car spaces	this home 2 · comparable 1	+$28,404
Cladding	this home 3 · comparable 2	+$7,594
Year built	this home 1990 · comparable 1993	−$2,584
Net adjustment		+$273,661

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

3 Fairbank Court

Sold 7 August 2026 · 1.76 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 28 Merridown Drive
Street	this home 0.1323 · comparable -0.0568	+$92,084
Floor area	this home 188 m² · comparable 126 m²	+$57,235
Land size	this home 804 m² · comparable 331 m²	+$41,700
Micro-location	this home 0.12 · comparable 0.0436	+$37,204
Bedrooms	this home 4 · comparable 3	+$36,615
Year built	this home 1990 · comparable 1999	−$8,483
Distance to beach	this home 9.21 km · comparable 7.52 km	−$3,155
Net adjustment		+$253,200

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.

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 28 Merridown Drive 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 Merridown Drive 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

28 Merridown Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

32 Merridown Drive

34 Merridown Drive

2 Mull Court

5 Felix Court

4 Scotia Place

18 Nisbet Place

13 Willunga Place

3 Fairbank Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 28 Merridown Drive 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

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Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields