29 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 · 0.46 km away

Sold for

$1,665,000

Adjusted to this home

$1,567,816

What we added and subtracted to make this sale comparable to 29 Balsa Street
Land size	this home 624 m² · comparable 836 m²	−$75,133
Bedrooms	this home 4 · comparable 3	+$68,000
Bathrooms	this home 2 · comparable 3	−$48,000
Street	this home -0.0314 · comparable -0.0096	−$29,038
Car spaces	this home 1 · comparable 2	−$28,000
Cladding	this home 2 · comparable 1	+$16,000
Floor area	this home 152 m² · comparable 216 m²	−$6,246
Micro-location	this home 0.007 · comparable 0.0032	+$5,062
Year built	this home 1988 · comparable 1986	+$2,589
Distance to beach	this home 4.44 km · comparable 4.33 km	−$2,418
Net adjustment		−$97,184

A further 7 factors were compared and found the same on both properties, so no money moved.

12 Zinnea Street

Sold 25 June 2026 · 0.90 km away

Sold for

$1,440,000

Adjusted to this home

$1,475,004

What we added and subtracted to make this sale comparable to 29 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Car spaces	this home 1 · comparable 2	−$28,000
Micro-location	this home 0.007 · comparable 0.0188	−$13,594
Street	this home -0.0314 · comparable -0.0427	+$13,018
Distance to beach	this home 4.44 km · comparable 4.89 km	+$8,554
Land size	this home 624 m² · comparable 644 m²	−$7,088
Year built	this home 1988 · comparable 1993	−$6,472
Floor area	this home 152 m² · comparable 146 m²	+$586
Net adjustment		+$35,004

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

12 Numalla Court

Sold 22 May 2026 · 0.65 km away

Sold for

$1,564,000

Adjusted to this home

$1,508,028

What we added and subtracted to make this sale comparable to 29 Balsa Street
Land size	this home 624 m² · comparable 468 m²	+$55,286
Bathrooms	this home 2 · comparable 3	−$48,000
Car spaces	this home 1 · comparable 2	−$28,000
Year built	this home 1988 · comparable 2002	−$18,122
Floor area	this home 152 m² · comparable 289 m²	−$13,371
Micro-location	this home 0.007 · comparable 0.0176	−$13,262
Distance to beach	this home 4.44 km · comparable 4.9 km	+$9,497
Net adjustment		−$55,972

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

12 Fatsia Court

Sold 6 March 2026 · 0.46 km away

Sold for

$1,555,000

Adjusted to this home

$1,529,083

What we added and subtracted to make this sale comparable to 29 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Micro-location	this home 0.007 · comparable 0.0393	−$40,181
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 624 m² · comparable 694 m²	−$24,808
Distance to beach	this home 4.44 km · comparable 4.12 km	−$6,568
Year built	this home 1988 · comparable 1985	+$3,883
Floor area	this home 152 m² · comparable 134 m²	+$1,757
Net adjustment		−$25,917

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

$1,569,400

What we added and subtracted to make this sale comparable to 29 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Micro-location	this home 0.007 · comparable 0.0415	−$43,608
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 624 m² · comparable 679 m²	−$19,492
Distance to beach	this home 4.44 km · comparable 4.68 km	+$5,006
Year built	this home 1988 · comparable 1985	+$3,883
Floor area	this home 152 m² · comparable 115 m²	+$3,611
Net adjustment		−$10,600

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

8 Wuruma Court

Sold 1 July 2026 · 0.80 km away

Sold for

$1,615,000

Adjusted to this home

$1,601,079

What we added and subtracted to make this sale comparable to 29 Balsa Street
Street	this home -0.0314 · comparable -0.018	−$17,313
Year built	this home 1988 · comparable 2000	−$15,533
Distance to beach	this home 4.44 km · comparable 4.95 km	+$10,872
Micro-location	this home 0.007 · comparable -0.0014	+$10,853
Land size	this home 624 m² · comparable 633 m²	−$3,190
Floor area	this home 152 m² · comparable 148 m²	+$390
Net adjustment		−$13,921

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

6 Balsa Street

Sold 23 April 2026 · 0.22 km away

Sold for

$1,388,000

Adjusted to this home

$1,454,497

What we added and subtracted to make this sale comparable to 29 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Land size	this home 624 m² · comparable 601 m²	+$8,151
Micro-location	this home 0.007 · comparable 0.011	−$4,442
Year built	this home 1988 · comparable 1990	−$2,589
Floor area	this home 152 m² · comparable 177 m²	−$2,440
Distance to beach	this home 4.44 km · comparable 4.43 km	−$183
Net adjustment		+$66,497

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

28 Avocado Street

Sold 31 August 2026 · 0.60 km away

Sold for

$1,305,000

Adjusted to this home

$1,398,226

What we added and subtracted to make this sale comparable to 29 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Bathrooms	this home 2 · comparable 1	+$48,000
Street	this home -0.0314 · comparable -0.0685	+$38,733
Micro-location	this home 0.007 · comparable 0.0408	−$35,287
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 624 m² · comparable 612 m²	+$4,253
Floor area	this home 152 m² · comparable 180 m²	−$2,733
Year built	this home 1988 · comparable 1987	+$1,294
Distance to beach	this home 4.44 km · comparable 4.38 km	−$1,034
Net adjustment		+$93,226

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

30 Crest Drive

Sold 9 September 2026 · 0.57 km away

Sold for

$1,750,000

Adjusted to this home

$1,649,725

What we added and subtracted to make this sale comparable to 29 Balsa Street
Bedrooms	this home 4 · comparable 3	+$68,000
Land size	this home 624 m² · comparable 789 m²	−$58,476
Street	this home -0.0314 · comparable -0.0011	−$42,420
Car spaces	this home 1 · comparable 2	−$28,000
Micro-location	this home 0.007 · comparable 0.0248	−$24,920
Distance to beach	this home 4.44 km · comparable 4.02 km	−$9,702
Floor area	this home 152 m² · comparable 214 m²	−$6,051
Year built	this home 1988 · comparable 1987	+$1,294
Net adjustment		−$100,275

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

11 Rossmoyne Close

Sold 28 September 2026 · 0.30 km away

Sold for

$1,500,000

Adjusted to this home

$1,337,093

What we added and subtracted to make this sale comparable to 29 Balsa Street
Land size	this home 624 m² · comparable 945 m²	−$113,762
Car spaces	this home 1 · comparable 2	−$28,000
Floor area	this home 152 m² · comparable 282 m²	−$12,688
Distance to beach	this home 4.44 km · comparable 4.18 km	−$5,148
Year built	this home 1988 · comparable 1990	−$2,589
Micro-location	this home 0.007 · comparable 0.0076	−$720
Net adjustment		−$162,907

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 29 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 29 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.

29 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

5 Sequoia Close

8 Wuruma Court

6 Balsa Street

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 29 Balsa Street sit?

Your home

See your home the way a buyer does

151 Simpsons Road

18 Daphne Court

69 Ironbark Street

35 Evergreen Drive

14 Ballidu Close

54 K P McGrath Drive

1 Dorset Place

25 Seabrook Street

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