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.

18 Nisbet Place

Sold 14 January 2026 · 1.23 km away

Sold for

$1,215,000

Adjusted to this home

$1,241,303

What we added and subtracted to make this sale comparable to 4 Terrace Court
Floor area	this home 160 m² · comparable 110.21 m²	+$79,664
Land size	this home 611 m² · comparable 858 m²	−$37,742
Street	this home 0.1224 · comparable 0.15	−$26,827
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1988 · comparable 1994	−$9,802
Micro-location	this home 0.0552 · comparable 0.0484	+$6,610
Net adjustment		+$26,303

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

5 Felix Court

Sold 27 April 2026 · 1.42 km away

Sold for

$1,330,000

Adjusted to this home

$1,274,136

What we added and subtracted to make this sale comparable to 4 Terrace Court
Street	this home 0.1224 · comparable 0.005	+$124,914
Car spaces	this home 2 · comparable 4	−$107,726
Bedrooms	this home 3 · comparable 4	−$63,461
Floor area	this home 160 m² · comparable 181.6 m²	−$34,560
Year built	this home 1988 · comparable 2002	−$22,870
Land size	this home 611 m² · comparable 487 m²	+$18,947
Micro-location	this home 0.0552 · comparable 0.0405	+$15,641
Cladding	this home 3 · comparable 2	+$14,400
Distance to beach	this home 8.5 km · comparable 7.92 km	−$1,149
Net adjustment		−$55,864

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

2 Mull Court

Sold 25 January 2026 · 1.14 km away

Sold for

$1,310,000

Adjusted to this home

$1,206,212

What we added and subtracted to make this sale comparable to 4 Terrace Court
Bedrooms	this home 3 · comparable 4	−$63,461
Land size	this home 611 m² · comparable 763 m²	−$23,226
Street	this home 0.1224 · comparable 0.1341	−$12,262
Year built	this home 1988 · comparable 1990	−$3,267
Micro-location	this home 0.0552 · comparable 0.0567	−$1,572
Net adjustment		−$103,788

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

73 Kingarry Circuit

Sold 25 March 2026 · 1.04 km away

Sold for

$1,245,000

Adjusted to this home

$1,336,097

What we added and subtracted to make this sale comparable to 4 Terrace Court
Street	this home 0.1224 · comparable -0.0298	+$151,591
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 160 m² · comparable 121 m²	+$62,400
Pool	this home 0 · comparable 1	−$52,000
Micro-location	this home 0.0552 · comparable 0.0155	+$39,541
Land size	this home 611 m² · comparable 508 m²	+$15,738
Year built	this home 1988 · comparable 1996	−$13,069
Distance to beach	this home 8.5 km · comparable 7.6 km	−$5,378
Net adjustment		+$91,097

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

3 Cabot Court

Sold 20 April 2026 · 0.23 km away

Sold for

$1,000,000

Adjusted to this home

$1,240,001

What we added and subtracted to make this sale comparable to 4 Terrace Court
Street	this home 0.1224 · comparable -0.0193	+$74,068
Floor area	this home 160 m² · comparable 93 m²	+$70,043
Car spaces	this home 2 · comparable 1	+$35,194
Bathrooms	this home 2 · comparable 1	+$26,135
Land size	this home 611 m² · comparable 400 m²	+$21,066
Cladding	this home 3 · comparable 2	+$9,409
Micro-location	this home 0.0552 · comparable 0.0433	+$6,220
Year built	this home 1988 · comparable 1990	−$2,134
Net adjustment		+$240,001

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

14 Griffon Street

Sold 10 March 2026 · 1.06 km away

Sold for

$1,218,000

Adjusted to this home

$1,326,176

What we added and subtracted to make this sale comparable to 4 Terrace Court
Street	this home 0.1224 · comparable 0.0335	+$86,624
Floor area	this home 160 m² · comparable 180 m²	−$32,000
Land size	this home 611 m² · comparable 411 m²	+$30,560
Micro-location	this home 0.0552 · comparable 0.0274	+$27,088
Year built	this home 1988 · comparable 1999	−$17,970
Cladding	this home 3 · comparable 2	+$14,400
Distance to beach	this home 8.5 km · comparable 7.96 km	−$526
Net adjustment		+$108,176

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

3 Fairbank Court

Sold 7 August 2026 · 1.18 km away

Sold for

$1,055,000

Adjusted to this home

$1,289,780

What we added and subtracted to make this sale comparable to 4 Terrace Court
Street	this home 0.1224 · comparable -0.0568	+$151,245
Floor area	this home 160 m² · comparable 126 m²	+$54,400
Land size	this home 611 m² · comparable 331 m²	+$42,784
Year built	this home 1988 · comparable 1999	−$17,970
Micro-location	this home 0.0552 · comparable 0.0436	+$9,790
Distance to beach	this home 8.5 km · comparable 7.52 km	−$5,469
Net adjustment		+$234,780

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

34 Merridown Drive

Sold 6 July 2026 · 1.48 km away

Sold for

$1,425,000

Adjusted to this home

$1,083,000

What we added and subtracted to make this sale comparable to 4 Terrace Court
Car spaces	this home 2 · comparable 6	−$173,194
Micro-location	this home 0.0552 · comparable 0.1211	−$60,391
Bedrooms	this home 3 · comparable 4	−$51,014
Pool	this home 0 · comparable 1	−$41,801
Land size	this home 611 m² · comparable 737 m²	−$15,477
Cladding	this home 3 · comparable 2	+$11,576
Street	this home 0.1224 · comparable 0.1323	−$9,073
Year built	this home 1988 · comparable 1990	−$2,626
Net adjustment		−$342,000

A further 10 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 Terrace 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 Terrace 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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Why I built Fields

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