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.

5 Felix Court

Sold 27 April 2026 · 0.64 km away

Sold for

$1,330,000

Adjusted to this home

$1,404,969

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Condition	this home 9 · comparable 7	+$133,000
Floor area	this home 130 m² · comparable 181.6 m²	−$82,560
Land size	this home 726 m² · comparable 487 m²	+$36,519
Street	this home 0.0355 · comparable 0.005	+$32,452
Micro-location	this home 0.0167 · comparable 0.0405	−$25,323
Year built	this home 1991 · comparable 2002	−$17,970
Distance to beach	this home 8.54 km · comparable 7.92 km	−$1,149
Net adjustment		+$74,969

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

15 TORRIDON CL

Sold 11 February 2026 · 0.31 km away

Sold for

$1,435,000

Adjusted to this home

$1,482,208

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Car spaces	this home 4 · comparable 2	+$107,726
Micro-location	this home 0.0167 · comparable 0.0739	−$65,666
Floor area	this home 130 m² · comparable 100.07 m²	+$47,888
Street	this home 0.0355 · comparable 0.0753	−$45,690
Land size	this home 726 m² · comparable 696 m²	+$4,584
Year built	this home 1991 · comparable 1992	−$1,634
Net adjustment		+$47,208

A further 12 factors were compared and found the same on both properties, so no money moved.

18 Nisbet Place

Sold 14 January 2026 · 0.18 km away

Sold for

$1,215,000

Adjusted to this home

$1,372,173

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Condition	this home 9 · comparable 7	+$121,500
Street	this home 0.0355 · comparable 0.15	−$111,294
Car spaces	this home 4 · comparable 2	+$107,726
Bedrooms	this home 4 · comparable 3	+$63,461
Floor area	this home 130 m² · comparable 110.21 m²	+$31,664
Micro-location	this home 0.0167 · comparable 0.0484	−$30,813
Land size	this home 726 m² · comparable 858 m²	−$20,170
Year built	this home 1991 · comparable 1994	−$4,901
Net adjustment		+$157,173

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

32 Merridown Drive

Sold 30 October 2025 · 0.69 km away

Sold for

$1,335,000

Adjusted to this home

$1,221,658

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Micro-location	this home 0.0167 · comparable 0.1209	−$111,286
Car spaces	this home 4 · comparable 2	+$107,726
Street	this home 0.0355 · comparable 0.1323	−$103,382
Condition	this home 9 · comparable 8	+$80,100
Pool	this home 0 · comparable 1	−$52,000
Floor area	this home 130 m² · comparable 150.13 m²	−$32,208
Land size	this home 726 m² · comparable 741 m²	−$2,292
Net adjustment		−$113,342

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

2 Mull Court

Sold 25 January 2026 · 0.55 km away

Sold for

$1,310,000

Adjusted to this home

$1,206,053

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Car spaces	this home 4 · comparable 2	+$107,726
Street	this home 0.0355 · comparable 0.1341	−$103,333
Floor area	this home 130 m² · comparable 160 m²	−$48,000
Micro-location	this home 0.0167 · comparable 0.0567	−$41,920
Cladding	this home 2 · comparable 3	−$14,400
Land size	this home 726 m² · comparable 763 m²	−$5,654
Year built	this home 1991 · comparable 1990	+$1,634
Net adjustment		−$103,947

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

34 Merridown Drive

Sold 6 July 2026 · 0.70 km away

Sold for

$1,425,000

Adjusted to this home

$1,187,359

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Condition	this home 9 · comparable 6	+$199,500
Micro-location	this home 0.0167 · comparable 0.1211	−$119,016
Street	this home 0.0355 · comparable 0.1323	−$110,352
Car spaces	this home 4 · comparable 6	−$107,726
Pool	this home 0 · comparable 1	−$52,000
Floor area	this home 130 m² · comparable 160 m²	−$48,000
Land size	this home 726 m² · comparable 737 m²	−$1,681
Year built	this home 1991 · comparable 1990	+$1,634
Net adjustment		−$237,641

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

3 Fairbank Court

Sold 7 August 2026 · 1.14 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,202

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Condition	this home 9 · comparable 6	+$91,683
Car spaces	this home 4 · comparable 2	+$66,870
Street	this home 0.0355 · comparable -0.0568	+$48,356
Bedrooms	this home 4 · comparable 3	+$39,393
Land size	this home 726 m² · comparable 331 m²	+$37,465
Micro-location	this home 0.0167 · comparable 0.0436	−$14,094
Cladding	this home 2 · comparable 3	−$8,938
Year built	this home 1991 · comparable 1999	−$8,112
Floor area	this home 130 m² · comparable 126 m²	+$3,973
Distance to beach	this home 8.54 km · comparable 7.52 km	−$3,394
Net adjustment		+$253,202

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

3 Cabot Court

Sold 20 April 2026 · 1.10 km away

Sold for

$1,000,000

Adjusted to this home

$1,240,000

What we added and subtracted to make this sale comparable to 32 Petherbridge Avenue
Car spaces	this home 4 · comparable 1	+$77,834
Condition	this home 9 · comparable 7	+$48,168
Bedrooms	this home 4 · comparable 3	+$30,568
Floor area	this home 130 m² · comparable 93 m²	+$28,515
Land size	this home 726 m² · comparable 400 m²	+$23,994
Street	this home 0.0355 · comparable -0.0193	+$21,117
Bathrooms	this home 2 · comparable 1	+$19,267
Micro-location	this home 0.0167 · comparable 0.0433	−$10,250
Year built	this home 1991 · comparable 1990	+$787
Net adjustment		+$240,000

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 32 Petherbridge Avenue 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 32 Petherbridge Avenue over the past 18 months, compared it with Merrimac’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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32 Petherbridge Avenue

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

5 Felix Court

15 TORRIDON CL

18 Nisbet Place

32 Merridown Drive

2 Mull Court

34 Merridown Drive

3 Fairbank Court

3 Cabot Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 32 Petherbridge Avenue sit?

Your home

See your home the way a buyer does

15 Red Ash Court

24 Merridown Drive

12 Murrayfield Place

6 Dunedin Close

60 Petherbridge Avenue

6 Nicklaus Court

7 Sunnybrae Close

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields