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 · 0.06 km away

Sold for

$1,330,000

Adjusted to this home

$1,199,227

What we added and subtracted to make this sale comparable to 4 Felix Court
Car spaces	this home 2 · comparable 4	−$107,726
Bedrooms	this home 3 · comparable 4	−$63,461
Condition	this home 8 · comparable 7	+$53,200
Land size	this home 411 m² · comparable 487 m²	−$11,613
Floor area	this home 181 m² · comparable 181.6 m²	−$960
Micro-location	this home 0.0403 · comparable 0.0405	−$213
Net adjustment		−$130,773

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

18 Nisbet Place

Sold 14 January 2026 · 0.83 km away

Sold for

$1,215,000

Adjusted to this home

$1,173,867

What we added and subtracted to make this sale comparable to 4 Felix Court
Street	this home 0.005 · comparable 0.15	−$140,940
Floor area	this home 181 m² · comparable 110.21 m²	+$113,264
Land size	this home 411 m² · comparable 858 m²	−$68,302
Condition	this home 8 · comparable 7	+$48,600
Year built	this home 2002 · comparable 1994	+$13,069
Micro-location	this home 0.0403 · comparable 0.0484	−$7,874
Distance to beach	this home 7.92 km · comparable 8.73 km	+$1,050
Net adjustment		−$41,133

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

73 Kingarry Circuit

Sold 25 March 2026 · 0.85 km away

Sold for

$1,245,000

Adjusted to this home

$1,216,914

What we added and subtracted to make this sale comparable to 4 Felix Court
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 181 m² · comparable 121 m²	+$96,000
Pool	this home 0 · comparable 1	−$52,000
Street	this home 0.005 · comparable -0.0298	+$34,661
Micro-location	this home 0.0403 · comparable 0.0155	+$24,701
Land size	this home 411 m² · comparable 508 m²	−$14,822
Cladding	this home 2 · comparable 3	−$14,400
Year built	this home 2002 · comparable 1996	+$9,802
Distance to beach	this home 7.92 km · comparable 7.6 km	−$4,302
Net adjustment		−$28,086

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

15 TORRIDON CL

Sold 11 February 2026 · 0.83 km away

Sold for

$1,435,000

Adjusted to this home

$1,269,678

What we added and subtracted to make this sale comparable to 4 Felix Court
Floor area	this home 181 m² · comparable 100.07 m²	+$129,488
Condition	this home 8 · comparable 9	−$86,100
Street	this home 0.005 · comparable 0.0753	−$80,704
Bedrooms	this home 3 · comparable 4	−$63,461
Land size	this home 411 m² · comparable 696 m²	−$43,548
Micro-location	this home 0.0403 · comparable 0.0739	−$38,573
Year built	this home 2002 · comparable 1992	+$16,336
Distance to beach	this home 7.92 km · comparable 8.75 km	+$1,240
Net adjustment		−$165,322

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

14 Griffon Street

Sold 10 March 2026 · 0.44 km away

Sold for

$1,218,000

Adjusted to this home

$1,307,267

What we added and subtracted to make this sale comparable to 4 Felix Court
Condition	this home 8 · comparable 6	+$97,440
Street	this home 0.005 · comparable 0.0335	−$27,770
Micro-location	this home 0.0403 · comparable 0.0274	+$12,570
Year built	this home 2002 · comparable 1999	+$4,901
Floor area	this home 181 m² · comparable 180 m²	+$1,600
Distance to beach	this home 7.92 km · comparable 7.96 km	+$526
Net adjustment		+$89,267

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

13 Willunga Place

Sold 1 December 2025 · 0.95 km away

Sold for

$1,080,000

Adjusted to this home

$1,226,729

What we added and subtracted to make this sale comparable to 4 Felix Court
Floor area	this home 181 m² · comparable 140 m²	+$65,600
Condition	this home 8 · comparable 9	−$64,800
Car spaces	this home 2 · comparable 1	+$53,863
Micro-location	this home 0.0403 · comparable -0.0052	+$39,312
Street	this home 0.005 · comparable -0.0392	+$38,189
Year built	this home 2002 · comparable 1993	+$14,702
Land size	this home 411 m² · comparable 418 m²	−$1,070
Distance to beach	this home 7.92 km · comparable 8.66 km	+$933
Net adjustment		+$146,729

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

3 Fairbank Court

Sold 7 August 2026 · 0.75 km away

Sold for

$1,055,000

Adjusted to this home

$1,274,940

What we added and subtracted to make this sale comparable to 4 Felix Court
Floor area	this home 181 m² · comparable 126 m²	+$88,000
Condition	this home 8 · comparable 6	+$84,400
Street	this home 0.005 · comparable -0.0568	+$52,159
Cladding	this home 2 · comparable 3	−$14,400
Land size	this home 411 m² · comparable 331 m²	+$12,224
Year built	this home 2002 · comparable 1999	+$4,901
Distance to beach	this home 7.92 km · comparable 7.52 km	−$4,558
Micro-location	this home 0.0403 · comparable 0.0436	−$2,786
Net adjustment		+$219,940

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

3 Cabot Court

Sold 20 April 2026 · 1.44 km away

Sold for

$1,000,000

Adjusted to this home

$1,240,002

What we added and subtracted to make this sale comparable to 4 Felix Court
Floor area	this home 181 m² · comparable 93 m²	+$107,669
Car spaces	this home 2 · comparable 1	+$41,189
Bathrooms	this home 2 · comparable 1	+$30,588
Condition	this home 8 · comparable 7	+$30,588
Year built	this home 2002 · comparable 1990	+$14,990
Street	this home 0.005 · comparable -0.0193	+$14,866
Micro-location	this home 0.0403 · comparable 0.0433	−$1,835
Land size	this home 411 m² · comparable 400 m²	+$1,286
Distance to beach	this home 7.92 km · comparable 8.68 km	+$661
Net adjustment		+$240,002

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 4 Felix Court 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 4 Felix Court 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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Reports for this address

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

Will Simpson · 84 seconds