29 Morshead 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.

59 Toolona Street

Sold 29 April 2026 · 0.84 km away

Sold for

$1,540,000

Adjusted to this home

$1,455,685

What we added and subtracted to make this sale comparable to 29 Morshead Street
Bathrooms	this home 1 · comparable 2	−$48,000
Micro-location	this home 0.0321 · comparable 0.0688	−$45,214
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 490 m² · comparable 405 m²	+$27,472
Cladding	this home 2 · comparable 1	+$16,000
Distance to beach	this home 7.96 km · comparable 7.18 km	−$12,973
Floor area	this home 109 m² · comparable 107 m²	+$4,000
Year built	this home 1990 · comparable 1989	+$2,400
Net adjustment		−$84,315

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

16 Monash Street

Sold 13 August 2026 · 0.21 km away

Sold for

$1,255,000

Adjusted to this home

$1,298,294

What we added and subtracted to make this sale comparable to 29 Morshead Street
Year built	this home 1990 · comparable 2002	−$28,800
Land size	this home 490 m² · comparable 405 m²	+$27,472
Floor area	this home 109 m² · comparable 97 m²	+$24,000
Micro-location	this home 0.0321 · comparable 0.0121	+$20,080
Distance to beach	this home 7.96 km · comparable 8.09 km	+$542
Net adjustment		+$43,294

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

47 Toolona Street

Sold 26 March 2026 · 0.81 km away

Sold for

$1,475,000

Adjusted to this home

$1,367,052

What we added and subtracted to make this sale comparable to 29 Morshead Street
Micro-location	this home 0.0321 · comparable 0.0804	−$56,994
Bathrooms	this home 1 · comparable 2	−$48,000
Floor area	this home 109 m² · comparable 130 m²	−$42,000
Land size	this home 490 m² · comparable 405 m²	+$27,472
Year built	this home 1990 · comparable 1980	+$24,000
Distance to beach	this home 7.96 km · comparable 7.18 km	−$12,426
Net adjustment		−$107,948

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

9 Morshead Street

Sold 0.14 km away

Sold for

$1,649,000

Adjusted to this home

$1,439,039

What we added and subtracted to make this sale comparable to 29 Morshead Street
Micro-location	this home 0.0321 · comparable 0.15	−$155,534
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 1 · comparable 2	−$48,000
Floor area	this home 109 m² · comparable 92 m²	+$34,000
Year built	this home 1990 · comparable 1978	+$28,800
Land size	this home 490 m² · comparable 496 m²	−$1,939
Distance to beach	this home 7.96 km · comparable 8.1 km	+$712
Net adjustment		−$209,961

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

14 Mirreen Drive

Sold 2 March 2026 · 0.95 km away

Sold for

$1,480,000

Adjusted to this home

$1,332,032

What we added and subtracted to make this sale comparable to 29 Morshead Street
Land size	this home 490 m² · comparable 817 m²	−$105,686
Car spaces	this home 1 · comparable 2	−$28,000
Floor area	this home 109 m² · comparable 120 m²	−$22,000
Year built	this home 1990 · comparable 1986	+$9,600
Distance to beach	this home 7.96 km · comparable 7.62 km	−$5,434
Micro-location	this home 0.0321 · comparable 0.0291	+$3,552
Net adjustment		−$147,968

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

3 Castle Court

Sold 22 April 2026 · 0.45 km away

Sold for

$1,680,000

Adjusted to this home

$1,370,186

What we added and subtracted to make this sale comparable to 29 Morshead Street
Floor area	this home 109 m² · comparable 198 m²	−$178,000
Bathrooms	this home 1 · comparable 3	−$96,000
Micro-location	this home 0.0321 · comparable -0.0065	+$51,878
Land size	this home 490 m² · comparable 600 m²	−$35,552
Car spaces	this home 1 · comparable 2	−$28,000
Year built	this home 1990 · comparable 1999	−$21,600
Distance to beach	this home 7.96 km · comparable 7.82 km	−$2,540
Net adjustment		−$309,814

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

20 Biby Street

Sold 18 March 2026 · 1.01 km away

Sold for

$1,680,000

Adjusted to this home

$1,543,454

What we added and subtracted to make this sale comparable to 29 Morshead Street
Micro-location	this home 0.0321 · comparable 0.0778	−$61,421
Land size	this home 490 m² · comparable 607 m²	−$37,814
Distance to beach	this home 7.96 km · comparable 7.05 km	−$16,511
Floor area	this home 109 m² · comparable 117 m²	−$16,000
Year built	this home 1990 · comparable 1992	−$4,800
Net adjustment		−$136,546

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

48 West Wyberba Street

Sold 17 June 2026 · 1.00 km away

Sold for

$1,800,000

Adjusted to this home

$1,422,254

What we added and subtracted to make this sale comparable to 29 Morshead Street
Bathrooms	this home 1 · comparable 3	−$96,000
Floor area	this home 109 m² · comparable 147 m²	−$76,000
Bedrooms	this home 3 · comparable 4	−$68,000
Micro-location	this home 0.0321 · comparable 0.0747	−$61,344
Year built	this home 1990 · comparable 2014	−$57,600
Car spaces	this home 1 · comparable 2	−$28,000
Land size	this home 490 m² · comparable 405 m²	+$27,472
Distance to beach	this home 7.96 km · comparable 7.02 km	−$18,274
Net adjustment		−$377,746

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

16 Alinjarra Drive

Sold 28 April 2026 · 1.44 km away

Sold for

$1,765,000

Adjusted to this home

$1,383,186

What we added and subtracted to make this sale comparable to 29 Morshead Street
Floor area	this home 109 m² · comparable 189 m²	−$160,000
Land size	this home 490 m² · comparable 772 m²	−$91,142
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 1 · comparable 2	−$48,000
Distance to beach	this home 7.96 km · comparable 7.42 km	−$10,294
Micro-location	this home 0.0321 · comparable 0.0386	−$9,178
Year built	this home 1990 · comparable 1988	+$4,800
Net adjustment		−$381,814

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

24 Nangana Street

Sold 7 May 2026 · 0.89 km away

Sold for

$1,900,000

Adjusted to this home

$1,367,999

What we added and subtracted to make this sale comparable to 29 Morshead Street
Land size	this home 490 m² · comparable 3853 m²	−$421,758
Floor area	this home 109 m² · comparable 159 m²	−$38,803
Bedrooms	this home 3 · comparable 4	−$26,386
Bathrooms	this home 1 · comparable 2	−$18,626
Micro-location	this home 0.0321 · comparable 0.0509	−$11,088
Car spaces	this home 1 · comparable 2	−$10,865
Cladding	this home 2 · comparable 1	+$6,209
Year built	this home 1990 · comparable 1996	−$5,588
Distance to beach	this home 7.96 km · comparable 7.32 km	−$5,096
Net adjustment		−$532,001

A further 7 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 Morshead 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 Morshead Street over the past 18 months, compared it with Tugun’s wider market, and examined the indicators most likely to reveal what happens next.

29 Morshead Street

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The 10 sales behind that range — and every adjustment

59 Toolona Street

16 Monash Street

47 Toolona Street

9 Morshead Street

14 Mirreen Drive

3 Castle Court

20 Biby Street

48 West Wyberba Street

16 Alinjarra Drive

24 Nangana Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 29 Morshead Street sit?

Your home

See your home the way a buyer does

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