4 Islay Court, Merrimac — Off-Market Report

The 8 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.

5 Felix Court

Sold 27 April 2026 · 1.19 km away

Sold for

$1,330,000

Adjusted to this home

$1,333,439

What we added and subtracted to make this sale comparable to 4 Islay Court
Car spaces	this home 2 · comparable 4	−$107,726
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 809 m² · comparable 487 m²	+$49,202
Micro-location	this home 0.0823 · comparable 0.0405	+$44,475
Floor area	this home 164 m² · comparable 181.6 m²	−$28,160
Year built	this home 1990 · comparable 2002	−$19,603
Cladding	this home 3 · comparable 2	+$14,400
Distance to beach	this home 9.07 km · comparable 7.92 km	−$1,149
Net adjustment		+$3,439

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

32 Merridown Drive

Sold 30 October 2025 · 0.22 km away

Sold for

$1,335,000

Adjusted to this home

$1,285,723

What we added and subtracted to make this sale comparable to 4 Islay Court
Condition	this home 7 · comparable 8	−$53,400
Micro-location	this home 0.0823 · comparable 0.1209	−$41,225
Floor area	this home 164 m² · comparable 150.13 m²	+$22,192
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 809 m² · comparable 741 m²	+$10,390
Year built	this home 1990 · comparable 1991	−$1,634
Net adjustment		−$49,277

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

34 Merridown Drive

Sold 6 July 2026 · 0.24 km away

Sold for

$1,425,000

Adjusted to this home

$1,254,117

What we added and subtracted to make this sale comparable to 4 Islay Court
Car spaces	this home 2 · comparable 6	−$215,453
Condition	this home 7 · comparable 6	+$57,000
Micro-location	this home 0.0823 · comparable 0.1211	−$44,232
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 809 m² · comparable 737 m²	+$11,002
Floor area	this home 164 m² · comparable 160 m²	+$6,400
Net adjustment		−$170,883

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

73 Kingarry Circuit

Sold 25 March 2026 · 1.57 km away

Sold for

$1,245,000

Adjusted to this home

$1,317,081

What we added and subtracted to make this sale comparable to 4 Islay Court
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 164 m² · comparable 121 m²	+$68,800
Micro-location	this home 0.0823 · comparable 0.0155	+$66,533
Bedrooms	this home 4 · comparable 3	+$63,461
Condition	this home 7 · comparable 8	−$49,800
Land size	this home 809 m² · comparable 508 m²	+$45,993
Year built	this home 1990 · comparable 1996	−$9,802
Distance to beach	this home 9.07 km · comparable 7.6 km	−$5,378
Net adjustment		+$72,081

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

15 TORRIDON CL

Sold 11 February 2026 · 0.51 km away

Sold for

$1,435,000

Adjusted to this home

$1,483,830

What we added and subtracted to make this sale comparable to 4 Islay Court
Condition	this home 7 · comparable 9	−$143,500
Floor area	this home 164 m² · comparable 100.07 m²	+$102,288
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 809 m² · comparable 696 m²	+$17,266
Cladding	this home 3 · comparable 2	+$14,400
Micro-location	this home 0.0823 · comparable 0.0739	+$9,643
Year built	this home 1990 · comparable 1992	−$3,267
Net adjustment		+$48,830

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

2 Mull Court

Sold 25 January 2026 · 0.11 km away

Sold for

$1,310,000

Adjusted to this home

$1,402,258

What we added and subtracted to make this sale comparable to 4 Islay Court
Pool	this home 1 · comparable 0	+$52,000
Micro-location	this home 0.0823 · comparable 0.0567	+$26,829
Land size	this home 809 m² · comparable 763 m²	+$7,029
Floor area	this home 164 m² · comparable 160 m²	+$6,400
Net adjustment		+$92,258

A further 13 factors were compared and found the same on both properties, so no money moved.

3 Fairbank Court

Sold 7 August 2026 · 1.60 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 4 Islay Court
Land size	this home 809 m² · comparable 331 m²	+$60,835
Bedrooms	this home 4 · comparable 3	+$52,858
Floor area	this home 164 m² · comparable 126 m²	+$50,642
Pool	this home 1 · comparable 0	+$43,312
Condition	this home 7 · comparable 6	+$35,150
Micro-location	this home 0.0823 · comparable 0.0436	+$27,206
Year built	this home 1990 · comparable 1999	−$12,246
Distance to beach	this home 9.07 km · comparable 7.52 km	−$4,555
Net adjustment		+$253,202

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

13 Willunga Place

Sold 1 December 2025 · 0.51 km away

Sold for

$1,080,000

Adjusted to this home

$1,324,568

What we added and subtracted to make this sale comparable to 4 Islay Court
Condition	this home 7 · comparable 9	−$108,000
Micro-location	this home 0.0823 · comparable -0.0052	+$75,600
Bedrooms	this home 4 · comparable 3	+$63,461
Land size	this home 809 m² · comparable 418 m²	+$59,745
Car spaces	this home 2 · comparable 1	+$53,863
Pool	this home 1 · comparable 0	+$52,000
Floor area	this home 164 m² · comparable 140 m²	+$38,400
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1990 · comparable 1993	−$4,901
Net adjustment		+$244,568

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 4 Islay 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 Islay Court over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.

4 Islay Court

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The 8 sales behind that range — and every adjustment

5 Felix Court

32 Merridown Drive

34 Merridown Drive

73 Kingarry Circuit

15 TORRIDON CL

2 Mull Court

3 Fairbank Court

13 Willunga Place

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 4 Islay Court sit?

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