Smarter with data.
Last recorded sale: $380,000 in November 2012.
Comparable range
$940,748 – $1,456,062
8 adjusted comparable sales · 8 verified · 13 of 18 candidate sales verified · band ±21.5% measured on 65 sales · recomputed 19 October 2026
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.
Sold 14 January 2026 · 0.16 km away
Sold for
$1,215,000
Adjusted to this home
$1,202,164
| Land size | this home 627 m² · comparable 858 m² | −$35,297 |
|---|---|---|
| Floor area | this home 122 m² · comparable 110.21 m² | +$18,864 |
| Micro-location | this home 0.0521 · comparable 0.0484 | +$3,597 |
| Net adjustment | −$12,836 |
A further 15 factors were compared and found the same on both properties, so no money moved.
Sold 27 April 2026 · 0.93 km away
Sold for
$1,330,000
Adjusted to this home
$1,237,249
| Street | this home 0.15 · comparable 0.005 | +$154,280 |
|---|---|---|
| Car spaces | this home 2 · comparable 4 | −$107,726 |
| Floor area | this home 122 m² · comparable 181.6 m² | −$95,360 |
| Bedrooms | this home 3 · comparable 4 | −$63,461 |
| Land size | this home 627 m² · comparable 487 m² | +$21,392 |
| Year built | this home 1994 · comparable 2002 | −$13,069 |
| Micro-location | this home 0.0521 · comparable 0.0405 | +$12,342 |
| Distance to beach | this home 8.81 km · comparable 7.92 km | −$1,149 |
| Net adjustment | −$92,751 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 25 March 2026 · 1.31 km away
Sold for
$1,245,000
Adjusted to this home
$1,247,747
| Street | this home 0.15 · comparable -0.0298 | +$179,081 |
|---|---|---|
| Car spaces | this home 2 · comparable 4 | −$107,726 |
| Pool | this home 0 · comparable 1 | −$52,000 |
| Condition | this home 7 · comparable 8 | −$49,800 |
| Micro-location | this home 0.0521 · comparable 0.0155 | +$36,454 |
| Land size | this home 627 m² · comparable 508 m² | +$18,183 |
| Cladding | this home 2 · comparable 3 | −$14,400 |
| Distance to beach | this home 8.81 km · comparable 7.6 km | −$5,378 |
| Year built | this home 1994 · comparable 1996 | −$3,267 |
| Floor area | this home 122 m² · comparable 121 m² | +$1,600 |
| Net adjustment | +$2,747 |
A further 8 factors were compared and found the same on both properties, so no money moved.
Sold 11 February 2026 · 0.40 km away
Sold for
$1,435,000
Adjusted to this home
$1,316,580
| Condition | this home 7 · comparable 9 | −$143,500 |
|---|---|---|
| Street | this home 0.15 · comparable 0.0753 | +$85,755 |
| Bedrooms | this home 3 · comparable 4 | −$63,461 |
| Floor area | this home 122 m² · comparable 100.07 m² | +$35,088 |
| Micro-location | this home 0.0521 · comparable 0.0739 | −$25,026 |
| Land size | this home 627 m² · comparable 696 m² | −$10,543 |
| Year built | this home 1994 · comparable 1992 | +$3,267 |
| Net adjustment | −$118,420 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 1 December 2025 · 0.31 km away
Sold for
$1,080,000
Adjusted to this home
$1,243,608
| Street | this home 0.15 · comparable -0.0392 | +$163,469 |
|---|---|---|
| Condition | this home 7 · comparable 9 | −$108,000 |
| Car spaces | this home 2 · comparable 1 | +$53,863 |
| Micro-location | this home 0.0521 · comparable -0.0052 | +$49,507 |
| Land size | this home 627 m² · comparable 418 m² | +$31,935 |
| Floor area | this home 122 m² · comparable 140 m² | −$28,800 |
| Year built | this home 1994 · comparable 1993 | +$1,634 |
| Net adjustment | +$163,608 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 25 January 2026 · 0.24 km away
Sold for
$1,310,000
Adjusted to this home
$1,168,934
| Bedrooms | this home 3 · comparable 4 | −$63,461 |
|---|---|---|
| Floor area | this home 122 m² · comparable 160 m² | −$60,800 |
| Land size | this home 627 m² · comparable 763 m² | −$20,781 |
| Street | this home 0.15 · comparable 0.1341 | +$16,663 |
| Cladding | this home 2 · comparable 3 | −$14,400 |
| Year built | this home 1994 · comparable 1990 | +$6,534 |
| Micro-location | this home 0.0521 · comparable 0.0567 | −$4,821 |
| Net adjustment | −$141,066 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 10 March 2026 · 0.86 km away
Sold for
$1,218,000
Adjusted to this home
$1,335,817
| Street | this home 0.15 · comparable 0.0335 | +$113,518 |
|---|---|---|
| Floor area | this home 122 m² · comparable 180 m² | −$92,800 |
| Condition | this home 7 · comparable 6 | +$48,720 |
| Land size | this home 627 m² · comparable 411 m² | +$33,005 |
| Micro-location | this home 0.0521 · comparable 0.0274 | +$24,068 |
| Year built | this home 1994 · comparable 1999 | −$8,168 |
| Distance to beach | this home 8.81 km · comparable 7.96 km | −$526 |
| Net adjustment | +$117,817 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 20 April 2026 · 0.95 km away
Sold for
$1,000,000
Adjusted to this home
$1,240,000
| Street | this home 0.15 · comparable -0.0193 | +$100,338 |
|---|---|---|
| Car spaces | this home 2 · comparable 1 | +$39,903 |
| Floor area | this home 122 m² · comparable 93 m² | +$34,374 |
| Bathrooms | this home 2 · comparable 1 | +$29,633 |
| Land size | this home 627 m² · comparable 400 m² | +$25,696 |
| Micro-location | this home 0.0521 · comparable 0.0433 | +$5,215 |
| Year built | this home 1994 · comparable 1990 | +$4,841 |
| Net adjustment | +$240,000 |
A further 11 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.
“Prices are holding for now, but we need to be watching inflation, household spending, and wage growth as leading indicators of where the market moves next.”Will SimpsonFields Real Estate
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 Nisbet Place over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.
Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.
The full comparable-sales assessment for this home — the evidence, adjustment grid and reconciliation behind the range. The same report you can open above.
The document we prepare before a home goes to market — valuation evidence, comparables and market position, with a cover prepared for this address.
The recent nearby sales adjusted to this home, weighed against the national headlines — the same report you can open above.