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.

12 Rourke Street

Sold 30 June 2026 · 1.22 km away

Sold for

$1,311,000

Adjusted to this home

$1,313,449

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Floor area	this home 165 m² · comparable 180 m²	−$48,120
Micro-location	this home 0.0079 · comparable -0.0205	+$29,786
Street	this home 0.0116 · comparable -0.0071	+$19,613
Land size	this home 585 m² · comparable 530 m²	+$8,228
Year built	this home 2001 · comparable 2004	−$7,200
Distance to beach	this home 7.99 km · comparable 8.9 km	+$142
Net adjustment		+$2,449

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

10 Lacie Court

Sold 11 June 2026 · 0.25 km away

Sold for

$1,233,000

Adjusted to this home

$1,292,497

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Pool	this home 1 · comparable 0	+$56,000
Condition	this home 7 · comparable 6	+$49,320
Floor area	this home 165 m² · comparable 178 m²	−$41,704
Land size	this home 585 m² · comparable 450 m²	+$20,196
Cladding	this home 2 · comparable 3	−$16,000
Micro-location	this home 0.0079 · comparable 0.0139	−$5,918
Distance to beach	this home 7.99 km · comparable 7.81 km	−$2,397
Net adjustment		+$59,497

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

12 Antonson Crescent

Sold 4 August 2026 · 1.42 km away

Sold for

$1,360,000

Adjusted to this home

$1,369,884

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Pool	this home 1 · comparable 0	+$56,000
Condition	this home 7 · comparable 8	−$54,400
Micro-location	this home 0.0079 · comparable -0.0237	+$34,381
Cladding	this home 2 · comparable 3	−$16,000
Year built	this home 2001 · comparable 2006	−$12,000
Land size	this home 585 m² · comparable 546 m²	+$5,834
Floor area	this home 165 m² · comparable 166 m²	−$3,208
Street	this home 0.0116 · comparable 0.0124	−$870
Distance to beach	this home 7.99 km · comparable 9.1 km	+$147
Net adjustment		+$9,884

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

5 Rourke Street

Sold 15 December 2025 · 1.31 km away

Sold for

$1,350,000

Adjusted to this home

$1,335,134

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Condition	this home 7 · comparable 9	−$135,000
Floor area	this home 165 m² · comparable 134 m²	+$99,448
Micro-location	this home 0.0079 · comparable -0.0182	+$28,188
Street	this home 0.0116 · comparable -0.0071	+$20,196
Cladding	this home 2 · comparable 3	−$16,000
Year built	this home 2001 · comparable 2005	−$9,600
Land size	this home 585 m² · comparable 600 m²	−$2,244
Distance to beach	this home 7.99 km · comparable 8.95 km	+$146
Net adjustment		−$14,866

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

58 Lambor Drive

Sold 10 November 2025 · 0.78 km away

Sold for

$1,315,000

Adjusted to this home

$1,276,021

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Condition	this home 7 · comparable 9	−$131,500
Car spaces	this home 2 · comparable 6	−$112,000
Floor area	this home 165 m² · comparable 131.43 m²	+$107,693
Bedrooms	this home 4 · comparable 3	+$68,000
Pool	this home 1 · comparable 0	+$56,000
Land size	this home 585 m² · comparable 784 m²	−$29,770
Distance to beach	this home 7.99 km · comparable 7.26 km	−$10,367
Micro-location	this home 0.0079 · comparable -0.0014	+$9,783
Year built	this home 2001 · comparable 1997	+$9,600
Street	this home 0.0116 · comparable 0.0177	−$6,418
Net adjustment		−$38,979

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

27 Breeana Court

Sold 5 October 2026 · 0.95 km away

Sold for

$1,135,000

Adjusted to this home

$1,252,817

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Floor area	this home 165 m² · comparable 128 m²	+$118,696
Condition	this home 7 · comparable 9	−$113,500
Bedrooms	this home 4 · comparable 3	+$68,000
Street	this home 0.0116 · comparable -0.056	+$61,381
Pool	this home 1 · comparable 0	+$56,000
Micro-location	this home 0.0079 · comparable 0.0597	−$47,034
Car spaces	this home 2 · comparable 3	−$28,000
Land size	this home 585 m² · comparable 450 m²	+$20,196
Cladding	this home 2 · comparable 3	−$16,000
Distance to beach	this home 7.99 km · comparable 7.05 km	−$11,522
Year built	this home 2001 · comparable 1997	+$9,600
Net adjustment		+$117,817

A further 7 factors were compared and found the same on both properties, so no money moved.

13 Rathbone Court

Sold 8 September 2026 · 1.34 km away

Sold for

$1,150,000

Adjusted to this home

$1,265,996

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Pool	this home 1 · comparable 0	+$56,000
Floor area	this home 165 m² · comparable 150 m²	+$48,120
Micro-location	this home 0.0079 · comparable -0.021	+$26,588
Year built	this home 2001 · comparable 2005	−$9,600
Land size	this home 585 m² · comparable 620 m²	−$5,236
Distance to beach	this home 7.99 km · comparable 8.98 km	+$124
Net adjustment		+$115,996

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

58 Swanton Drive

Sold 8 January 2026 · 0.72 km away

Sold for

$1,240,000

Adjusted to this home

$1,363,395

What we added and subtracted to make this sale comparable to 40 Ellis Drive
Floor area	this home 165 m² · comparable 129.76 m²	+$113,050
Bedrooms	this home 4 · comparable 3	+$68,000
Condition	this home 7 · comparable 8	−$49,600
Land size	this home 585 m² · comparable 473 m²	+$16,755
Cladding	this home 2 · comparable 3	−$16,000
Micro-location	this home 0.0079 · comparable 0.0193	−$11,309
Distance to beach	this home 7.99 km · comparable 7.27 km	−$9,642
Street	this home 0.0116 · comparable 0.0042	+$7,341
Year built	this home 2001 · comparable 1999	+$4,800
Net adjustment		+$123,395

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 40 Ellis Drive 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 40 Ellis Drive over the past 18 months, compared it with Mudgeeraba’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

Will Simpson · 84 seconds

40 Ellis Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

12 Rourke Street

10 Lacie Court

12 Antonson Crescent

5 Rourke Street

58 Lambor Drive

27 Breeana Court

13 Rathbone Court

58 Swanton Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 40 Ellis Drive sit?

Your home

See your home the way a buyer does

6 Corina Close

4 Stillwater Crescent

24 Queen Charlotte Court

178 Easthill Drive

41 Heights Drive

50 Moonbeam Parade

26 Healy Court

70 Mudgeeraba Road

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields