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.

6 Vatakoula Parade

Sold 10 April 2026 · 0.15 km away

Sold for

$1,680,000

Adjusted to this home

$1,651,142

What we added and subtracted to make this sale comparable to 3 Frascati Street
Micro-location	this home 0.021 · comparable 0.0713	−$67,603
Street	this home 0.0261 · comparable -0.0145	+$54,566
Floor area	this home 131 m² · comparable 157 m²	−$52,000
Bathrooms	this home 2 · comparable 1	+$48,000
Land size	this home 546 m² · comparable 577 m²	−$11,160
Distance to beach	this home 3.9 km · comparable 3.77 km	−$3,931
Year built	this home 1989 · comparable 1975	+$3,270
Net adjustment		−$28,858

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

6 Wayfarer Avenue

Sold 2 July 2026 · 1.32 km away

Sold for

$1,730,000

Adjusted to this home

$1,762,343

What we added and subtracted to make this sale comparable to 3 Frascati Street
Street	this home 0.0261 · comparable -0.0734	+$137,708
Floor area	this home 131 m² · comparable 152 m²	−$42,000
Micro-location	this home 0.021 · comparable 0.0439	−$31,694
Land size	this home 546 m² · comparable 621 m²	−$27,000
Distance to beach	this home 3.9 km · comparable 3.72 km	−$5,605
Year built	this home 1989 · comparable 1985	+$934
Net adjustment		+$32,343

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

3 Fairsky Avenue

Sold 27 April 2026 · 1.35 km away

Sold for

$1,805,000

Adjusted to this home

$1,696,603

What we added and subtracted to make this sale comparable to 3 Frascati Street
Micro-location	this home 0.021 · comparable 0.1169	−$138,480
Street	this home 0.0261 · comparable -0.0497	+$109,455
Distance to beach	this home 3.9 km · comparable 2.85 km	−$34,114
Land size	this home 546 m² · comparable 622 m²	−$27,360
Floor area	this home 131 m² · comparable 141 m²	−$20,000
Year built	this home 1989 · comparable 1980	+$2,102
Net adjustment		−$108,397

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

112 Sunshine Boulevard

Sold 28 April 2026 · 0.28 km away

Sold for

$1,725,000

Adjusted to this home

$1,630,221

What we added and subtracted to make this sale comparable to 3 Frascati Street
Street	this home 0.0261 · comparable -0.079	+$145,038
Floor area	this home 131 m² · comparable 176 m²	−$90,000
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 2 · comparable 4	−$56,000
Land size	this home 546 m² · comparable 612 m²	−$23,760
Micro-location	this home 0.021 · comparable 0.0259	−$6,762
Distance to beach	this home 3.9 km · comparable 4.06 km	+$4,471
Year built	this home 1989 · comparable 1988	+$234
Net adjustment		−$94,779

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

53 Bordeaux Parade

Sold 5 May 2026 · 0.19 km away

Sold for

$1,650,000

Adjusted to this home

$1,782,743

What we added and subtracted to make this sale comparable to 3 Frascati Street
Street	this home 0.0261 · comparable -0.0981	+$163,944
Floor area	this home 131 m² · comparable 147 m²	−$32,000
Car spaces	this home 2 · comparable 1	+$28,000
Land size	this home 546 m² · comparable 607 m²	−$21,960
Micro-location	this home 0.021 · comparable 0.0242	−$4,224
Year built	this home 1989 · comparable 2007	−$4,205
Distance to beach	this home 3.9 km · comparable 4.01 km	+$3,188
Net adjustment		+$132,743

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

17 Oriana Drive

Sold 5 December 2025 · 1.04 km away

Sold for

$1,725,000

Adjusted to this home

$1,537,080

What we added and subtracted to make this sale comparable to 3 Frascati Street
Floor area	this home 131 m² · comparable 180 m²	−$98,000
Micro-location	this home 0.021 · comparable 0.0888	−$93,564
Bedrooms	this home 3 · comparable 4	−$68,000
Street	this home 0.0261 · comparable -0.0228	+$67,482
Land size	this home 546 m² · comparable 691 m²	−$52,200
Bathrooms	this home 2 · comparable 1	+$48,000
Car spaces	this home 2 · comparable 1	+$28,000
Distance to beach	this home 3.9 km · comparable 3.26 km	−$19,872
Year built	this home 1989 · comparable 1988	+$234
Net adjustment		−$187,920

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

70 Gretel Drive

Sold 3 November 2025 · 0.69 km away

Sold for

$2,335,000

Adjusted to this home

$1,696,290

What we added and subtracted to make this sale comparable to 3 Frascati Street
Micro-location	this home 0.021 · comparable 0.15	−$240,972
Street	this home 0.0261 · comparable 0.15	−$231,445
Land size	this home 546 m² · comparable 804 m²	−$92,880
Floor area	this home 131 m² · comparable 146 m²	−$30,000
Distance to beach	this home 3.9 km · comparable 3.27 km	−$26,479
Cladding	this home 2 · comparable 3	−$16,000
Year built	this home 1989 · comparable 1993	−$934
Net adjustment		−$638,710

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

23 Weatherly Avenue

Sold 28 October 2025 · 1.21 km away

Sold for

$2,500,000

Adjusted to this home

$1,700,001

What we added and subtracted to make this sale comparable to 3 Frascati Street
Micro-location	this home 0.021 · comparable 0.15	−$218,821
Street	this home 0.0261 · comparable 0.15	−$210,170
Floor area	this home 131 m² · comparable 212 m²	−$137,399
Land size	this home 546 m² · comparable 828 m²	−$86,103
Bedrooms	this home 3 · comparable 4	−$57,674
Car spaces	this home 2 · comparable 4	−$47,496
Distance to beach	this home 3.9 km · comparable 2.77 km	−$43,129
Year built	this home 1989 · comparable 1985	+$793
Net adjustment		−$799,999

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.

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 3 Frascati 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 3 Frascati Street over the past 18 months, compared it with Mermaid Waters’s wider market, and examined the indicators most likely to reveal what happens next.

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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

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3 Frascati Street

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Your valuation

The 8 sales behind that range — and every adjustment

6 Vatakoula Parade

6 Wayfarer Avenue

3 Fairsky Avenue

112 Sunshine Boulevard

53 Bordeaux Parade

17 Oriana Drive

70 Gretel Drive

23 Weatherly Avenue

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 3 Frascati Street 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

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Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields