28 San Michele Street, Tugun — 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.

3 Castle Court

Sold 22 April 2026 · 0.80 km away

Sold for

$1,680,000

Adjusted to this home

$1,658,682

What we added and subtracted to make this sale comparable to 28 San Michele Street
Floor area	this home 127 m² · comparable 198 m²	−$142,000
Micro-location	this home 0.0756 · comparable -0.0065	+$110,342
Bedrooms	this home 4 · comparable 3	+$68,000
Land size	this home 402 m² · comparable 600 m²	−$63,994
Bathrooms	this home 2 · comparable 3	−$48,000
Car spaces	this home 3 · comparable 2	+$28,000
Distance to beach	this home 7.03 km · comparable 7.82 km	+$14,334
Year built	this home 2004 · comparable 1999	+$12,000
Net adjustment		−$21,318

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

9 Morshead Street

Sold 1.11 km away

Sold for

$1,649,000

Adjusted to this home

$1,726,145

What we added and subtracted to make this sale comparable to 28 San Michele Street
Micro-location	this home 0.0756 · comparable 0.15	−$98,149
Floor area	this home 127 m² · comparable 92 m²	+$70,000
Year built	this home 2004 · comparable 1978	+$62,400
Car spaces	this home 3 · comparable 1	+$56,000
Land size	this home 402 m² · comparable 496 m²	−$30,381
Distance to beach	this home 7.03 km · comparable 8.1 km	+$17,275
Net adjustment		+$77,145

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

8 Costelloe Street

Sold 7 May 2026 · 0.64 km away

Sold for

$1,675,000

Adjusted to this home

$1,586,739

What we added and subtracted to make this sale comparable to 28 San Michele Street
Land size	this home 402 m² · comparable 808 m²	−$131,219
Floor area	this home 127 m² · comparable 158 m²	−$62,000
Year built	this home 2004 · comparable 1988	+$38,400
Micro-location	this home 0.0756 · comparable 0.0502	+$34,036
Car spaces	this home 3 · comparable 2	+$28,000
Distance to beach	this home 7.03 km · comparable 7.28 km	+$4,522
Net adjustment		−$88,261

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

48 West Wyberba Street

Sold 17 June 2026 · 0.03 km away

Sold for

$1,800,000

Adjusted to this home

$1,716,132

What we added and subtracted to make this sale comparable to 28 San Michele Street
Bathrooms	this home 2 · comparable 3	−$48,000
Floor area	this home 127 m² · comparable 147 m²	−$40,000
Car spaces	this home 3 · comparable 2	+$28,000
Year built	this home 2004 · comparable 2014	−$24,000
Micro-location	this home 0.0756 · comparable 0.0747	+$1,296
Land size	this home 402 m² · comparable 405 m²	−$970
Distance to beach	this home 7.03 km · comparable 7.02 km	−$194
Net adjustment		−$83,868

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

59 Toolona Street

Sold 29 April 2026 · 0.15 km away

Sold for

$1,540,000

Adjusted to this home

$1,737,902

What we added and subtracted to make this sale comparable to 28 San Michele Street
Bedrooms	this home 4 · comparable 3	+$68,000
Floor area	this home 127 m² · comparable 107 m²	+$40,000
Year built	this home 2004 · comparable 1989	+$36,000
Car spaces	this home 3 · comparable 2	+$28,000
Cladding	this home 2 · comparable 1	+$16,000
Micro-location	this home 0.0756 · comparable 0.0688	+$8,378
Distance to beach	this home 7.03 km · comparable 7.18 km	+$2,494
Land size	this home 402 m² · comparable 405 m²	−$970
Net adjustment		+$197,902

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

16 Alinjarra Drive

Sold 28 April 2026 · 1.03 km away

Sold for

$1,765,000

Adjusted to this home

$1,675,494

What we added and subtracted to make this sale comparable to 28 San Michele Street
Floor area	this home 127 m² · comparable 189 m²	−$124,000
Land size	this home 402 m² · comparable 772 m²	−$119,584
Car spaces	this home 3 · comparable 1	+$56,000
Micro-location	this home 0.0756 · comparable 0.0386	+$52,244
Year built	this home 2004 · comparable 1988	+$38,400
Distance to beach	this home 7.03 km · comparable 7.42 km	+$7,434
Net adjustment		−$89,506

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

14 Mirreen Drive

Sold 2 March 2026 · 0.79 km away

Sold for

$1,480,000

Adjusted to this home

$1,611,558

What we added and subtracted to make this sale comparable to 28 San Michele Street
Land size	this home 402 m² · comparable 817 m²	−$134,128
Bedrooms	this home 4 · comparable 3	+$68,000
Micro-location	this home 0.0756 · comparable 0.0291	+$55,056
Bathrooms	this home 2 · comparable 1	+$48,000
Year built	this home 2004 · comparable 1986	+$43,200
Car spaces	this home 3 · comparable 2	+$28,000
Floor area	this home 127 m² · comparable 120 m²	+$14,000
Distance to beach	this home 7.03 km · comparable 7.62 km	+$9,430
Net adjustment		+$131,558

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

17 Admiral Crescent

Sold 30 April 2026 · 0.86 km away

Sold for

$1,605,000

Adjusted to this home

$1,512,706

What we added and subtracted to make this sale comparable to 28 San Michele Street
Floor area	this home 127 m² · comparable 211 m²	−$168,000
Micro-location	this home 0.0756 · comparable 0.0061	+$89,238
Land size	this home 402 m² · comparable 610 m²	−$67,226
Car spaces	this home 3 · comparable 2	+$28,000
Distance to beach	this home 7.03 km · comparable 7.82 km	+$13,694
Year built	this home 2004 · comparable 1999	+$12,000
Net adjustment		−$92,294

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

12 Alkira Street

Sold 13 March 2026 · 0.28 km away

Sold for

$1,835,000

Adjusted to this home

$1,703,671

What we added and subtracted to make this sale comparable to 28 San Michele Street
Floor area	this home 127 m² · comparable 191 m²	−$128,000
Land size	this home 402 m² · comparable 607 m²	−$66,256
Year built	this home 2004 · comparable 1981	+$55,200
Car spaces	this home 3 · comparable 2	+$28,000
Micro-location	this home 0.0756 · comparable 0.0886	−$19,084
Distance to beach	this home 7.03 km · comparable 6.97 km	−$1,189
Net adjustment		−$131,329

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

47 Toolona Street

Sold 26 March 2026 · 0.17 km away

Sold for

$1,475,000

Adjusted to this home

$1,646,356

What we added and subtracted to make this sale comparable to 28 San Michele Street
Bedrooms	this home 4 · comparable 3	+$68,000
Year built	this home 2004 · comparable 1980	+$57,600
Car spaces	this home 3 · comparable 1	+$56,000
Floor area	this home 127 m² · comparable 130 m²	−$6,000
Micro-location	this home 0.0756 · comparable 0.0804	−$5,664
Distance to beach	this home 7.03 km · comparable 7.18 km	+$2,390
Land size	this home 402 m² · comparable 405 m²	−$970
Net adjustment		+$171,356

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.

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 28 San Michele 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 San Michele Street over the past 18 months, compared it with Tugun’s wider market, and examined the indicators most likely to reveal what happens next.

28 San Michele Street

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The 10 sales behind that range — and every adjustment

3 Castle Court

9 Morshead Street

8 Costelloe Street

48 West Wyberba Street

59 Toolona Street

16 Alinjarra Drive

14 Mirreen Drive

17 Admiral Crescent

12 Alkira Street

47 Toolona Street

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

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