31 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 · 0.44 km away

Sold for

$1,665,000

Adjusted to this home

$1,835,999

What we added and subtracted to make this sale comparable to 31 Balsa Street
Land size	this home 1051 m² · comparable 836 m²	+$76,196
Bedrooms	this home 4 · comparable 3	+$68,000
Street	this home -0.0314 · comparable -0.0096	−$29,038
Car spaces	this home 3 · comparable 2	+$28,000
Cladding	this home 2 · comparable 1	+$16,000
Floor area	this home 296 m² · comparable 216 m²	+$7,808
Micro-location	this home 0.0061 · comparable 0.0032	+$3,862
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		+$170,999

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

31 Balsa Street

Sold 5 August 2026 · 0.00 km away

Sold for

$1,670,000

Adjusted to this home

$1,670,000

15 Barlee Court

Sold 30 May 2026 · 0.57 km away

Sold for

$1,820,000

Adjusted to this home

$1,797,780

What we added and subtracted to make this sale comparable to 31 Balsa Street
Street	this home -0.0314 · comparable 0.1174	−$216,653
Land size	this home 1051 m² · comparable 601 m²	+$159,480
Bathrooms	this home 3 · comparable 2	+$48,000
Year built	this home 1988 · comparable 2014	−$33,654
Car spaces	this home 3 · comparable 2	+$28,000
Micro-location	this home 0.0061 · comparable 0.0223	−$23,587
Distance to beach	this home 4.44 km · comparable 4.85 km	+$9,850
Floor area	this home 296 m² · comparable 231 m²	+$6,344
Net adjustment		−$22,220

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

11 Rossmoyne Close

Sold 28 September 2026 · 0.29 km away

Sold for

$1,500,000

Adjusted to this home

$1,605,395

What we added and subtracted to make this sale comparable to 31 Balsa Street
Bathrooms	this home 3 · comparable 2	+$48,000
Land size	this home 1051 m² · comparable 945 m²	+$37,566
Car spaces	this home 3 · comparable 2	+$28,000
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 0.0061 · comparable 0.0076	−$1,800
Floor area	this home 296 m² · comparable 282 m²	+$1,366
Net adjustment		+$105,395

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

30 Ironbark Street

Sold 20 July 2026 · 0.66 km away

Sold for

$1,715,000

Adjusted to this home

$1,614,375

What we added and subtracted to make this sale comparable to 31 Balsa Street
Street	this home -0.0314 · comparable 0.1239	−$213,072
Land size	this home 1051 m² · comparable 714 m²	+$119,433
Micro-location	this home 0.0061 · comparable 0.062	−$76,694
Bathrooms	this home 3 · comparable 2	+$48,000
Car spaces	this home 3 · comparable 2	+$28,000
Distance to beach	this home 4.44 km · comparable 3.82 km	−$15,518
Floor area	this home 296 m² · comparable 228 m²	+$6,637
Year built	this home 1988 · comparable 1986	+$2,589
Net adjustment		−$100,625

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

74 Ironbark Street

Sold 11 February 2026 · 0.52 km away

Sold for

$1,810,000

Adjusted to this home

$1,712,724

What we added and subtracted to make this sale comparable to 31 Balsa Street
Street	this home -0.0314 · comparable 0.1239	−$224,874
Land size	this home 1051 m² · comparable 653 m²	+$141,051
Micro-location	this home 0.0061 · comparable 0.0362	−$43,585
Car spaces	this home 3 · comparable 2	+$28,000
Floor area	this home 296 m² · comparable 236 m²	+$5,856
Distance to beach	this home 4.44 km · comparable 4.23 km	−$5,018
Year built	this home 1988 · comparable 1987	+$1,294
Net adjustment		−$97,276

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

30 Crest Drive

Sold 9 September 2026 · 0.56 km away

Sold for

$1,750,000

Adjusted to this home

$1,917,848

What we added and subtracted to make this sale comparable to 31 Balsa Street
Land size	this home 1051 m² · comparable 789 m²	+$92,853
Bedrooms	this home 4 · comparable 3	+$68,000
Bathrooms	this home 3 · comparable 2	+$48,000
Street	this home -0.0314 · comparable -0.0011	−$42,420
Car spaces	this home 3 · comparable 2	+$28,000
Micro-location	this home 0.0061 · comparable 0.0248	−$26,180
Distance to beach	this home 4.44 km · comparable 4.02 km	−$9,702
Floor area	this home 296 m² · comparable 214 m²	+$8,003
Year built	this home 1988 · comparable 1987	+$1,294
Net adjustment		+$167,848

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

12 Numalla Court

Sold 22 May 2026 · 0.66 km away

Sold for

$1,564,000

Adjusted to this home

$1,776,284

What we added and subtracted to make this sale comparable to 31 Balsa Street
Land size	this home 1051 m² · comparable 468 m²	+$206,615
Car spaces	this home 3 · comparable 2	+$28,000
Year built	this home 1988 · comparable 2002	−$18,122
Micro-location	this home 0.0061 · comparable 0.0176	−$14,389
Distance to beach	this home 4.44 km · comparable 4.9 km	+$9,497
Floor area	this home 296 m² · comparable 289 m²	+$683
Net adjustment		+$212,284

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

10 Blackbean Court

Sold 21 July 2026 · 0.78 km away

Sold for

$1,779,000

Adjusted to this home

$1,618,838

What we added and subtracted to make this sale comparable to 31 Balsa Street
Street	this home -0.0314 · comparable 0.0744	−$150,574
Micro-location	this home 0.0061 · comparable 0.0836	−$110,298
Bathrooms	this home 3 · comparable 2	+$48,000
Car spaces	this home 3 · comparable 2	+$28,000
Land size	this home 1051 m² · comparable 979 m²	+$25,517
Floor area	this home 296 m² · comparable 220 m²	+$7,418
Distance to beach	this home 4.44 km · comparable 4.2 km	−$5,636
Year built	this home 1988 · comparable 1990	−$2,589
Net adjustment		−$160,162

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

18 Ironbark Street

Sold 19 June 2026 · 0.69 km away

Sold for

$2,175,000

Adjusted to this home

$1,758,958

What we added and subtracted to make this sale comparable to 31 Balsa Street
Street	this home -0.0314 · comparable 0.1239	−$270,222
Micro-location	this home 0.0061 · comparable 0.0588	−$91,698
Bedrooms	this home 4 · comparable 5	−$68,000
Bathrooms	this home 3 · comparable 2	+$48,000
Land size	this home 1051 m² · comparable 1185 m²	−$47,490
Car spaces	this home 3 · comparable 2	+$28,000
Distance to beach	this home 4.44 km · comparable 3.76 km	−$22,029
Year built	this home 1988 · comparable 1985	+$3,883
Floor area	this home 296 m² · comparable 260 m²	+$3,514
Net adjustment		−$416,042

A further 8 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 31 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 31 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.

31 Balsa Street

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The 10 sales behind that range — and every adjustment

129 K P Mcgrath Drive

31 Balsa Street

15 Barlee Court

11 Rossmoyne Close

30 Ironbark Street

74 Ironbark Street

30 Crest Drive

12 Numalla Court

10 Blackbean Court

18 Ironbark Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 31 Balsa Street sit?

Your home

See your home the way a buyer does

14 Holbrook Way

4 Breynia Court

151 Simpsons Road

18 Daphne Court

69 Ironbark Street

35 Evergreen Drive

14 Ballidu Close

54 K P McGrath Drive

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