40 Merridown Drive, 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.

34 Merridown Drive

Sold 6 July 2026 · 0.09 km away

Sold for

$1,425,000

Adjusted to this home

$1,384,019

What we added and subtracted to make this sale comparable to 40 Merridown Drive
Car spaces	this home 2 · comparable 6	−$215,453
Floor area	this home 230 m² · comparable 160 m²	+$112,000
Bathrooms	this home 3 · comparable 2	+$40,000
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 805 m² · comparable 737 m²	+$10,390
Year built	this home 1989 · comparable 1990	−$1,634
Micro-location	this home 0.1205 · comparable 0.1211	−$684
Net adjustment		−$40,981

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

12 Macallan Street

Sold 23 March 2026 · 0.16 km away

Sold for

$1,440,000

Adjusted to this home

$1,300,114

What we added and subtracted to make this sale comparable to 40 Merridown Drive
Car spaces	this home 2 · comparable 5	−$161,590
Bathrooms	this home 3 · comparable 2	+$40,000
Floor area	this home 230 m² · comparable 251 m²	−$33,600
Street	this home 0.1323 · comparable 0.15	−$20,390
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 805 m² · comparable 735 m²	+$10,696
Micro-location	this home 0.1205 · comparable 0.1113	+$10,598
Net adjustment		−$139,886

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

32 Merridown Drive

Sold 30 October 2025 · 0.10 km away

Sold for

$1,335,000

Adjusted to this home

$1,523,277

What we added and subtracted to make this sale comparable to 40 Merridown Drive
Floor area	this home 230 m² · comparable 150.13 m²	+$127,792
Bathrooms	this home 3 · comparable 2	+$40,000
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 805 m² · comparable 741 m²	+$9,779
Year built	this home 1989 · comparable 1991	−$3,267
Micro-location	this home 0.1205 · comparable 0.1209	−$427
Net adjustment		+$188,277

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

4 Scotia Place

Sold 12 May 2026 · 0.99 km away

Sold for

$1,085,000

Adjusted to this home

$1,345,398

What we added and subtracted to make this sale comparable to 40 Merridown Drive
Floor area	this home 230 m² · comparable 112 m²	+$67,018
Street	this home 0.1323 · comparable -0.0364	+$51,979
Micro-location	this home 0.1205 · comparable -0.0195	+$43,136
Bedrooms	this home 4 · comparable 3	+$22,526
Land size	this home 805 m² · comparable 404 m²	+$21,750
Car spaces	this home 2 · comparable 1	+$19,120
Pool	this home 1 · comparable 0	+$18,458
Bathrooms	this home 3 · comparable 2	+$14,199
Cladding	this home 3 · comparable 2	+$5,111
Year built	this home 1989 · comparable 1994	−$2,899
Net adjustment		+$260,398

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

13 Willunga Place

Sold 1 December 2025 · 0.81 km away

Sold for

$1,080,000

Adjusted to this home

$1,350,140

What we added and subtracted to make this sale comparable to 40 Merridown Drive
Street	this home 0.1323 · comparable -0.0392	+$59,117
Floor area	this home 230 m² · comparable 140 m²	+$57,451
Micro-location	this home 0.1205 · comparable -0.0052	+$43,330
Bedrooms	this home 4 · comparable 3	+$25,318
Land size	this home 805 m² · comparable 418 m²	+$23,592
Car spaces	this home 2 · comparable 1	+$21,490
Pool	this home 1 · comparable 0	+$20,746
Bathrooms	this home 3 · comparable 2	+$15,958
Cladding	this home 3 · comparable 2	+$5,745
Year built	this home 1989 · comparable 1993	−$2,607
Net adjustment		+$270,140

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

3 Fairbank Court

Sold 7 August 2026 · 1.84 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,199

What we added and subtracted to make this sale comparable to 40 Merridown Drive
Floor area	this home 230 m² · comparable 126 m²	+$70,575
Street	this home 0.1323 · comparable -0.0568	+$67,691
Land size	this home 805 m² · comparable 331 m²	+$30,718
Micro-location	this home 0.1205 · comparable 0.0436	+$27,528
Bedrooms	this home 4 · comparable 3	+$26,916
Pool	this home 1 · comparable 0	+$22,054
Bathrooms	this home 3 · comparable 2	+$16,965
Year built	this home 1989 · comparable 1999	−$6,929
Distance to beach	this home 9.27 km · comparable 7.52 km	−$2,319
Net adjustment		+$253,199

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

3 Cabot Court

Sold 20 April 2026 · 1.35 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 40 Merridown Drive
Floor area	this home 230 m² · comparable 93 m²	+$72,442
Street	this home 0.1323 · comparable -0.0193	+$40,081
Bathrooms	this home 3 · comparable 1	+$26,438
Bedrooms	this home 4 · comparable 3	+$20,973
Land size	this home 805 m² · comparable 400 m²	+$20,451
Micro-location	this home 0.1205 · comparable 0.0433	+$20,410
Car spaces	this home 2 · comparable 1	+$17,801
Pool	this home 1 · comparable 0	+$17,185
Cladding	this home 3 · comparable 2	+$4,759
Year built	this home 1989 · comparable 1990	−$540
Net adjustment		+$240,000

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

18 Nisbet Place

Sold 14 January 2026 · 0.55 km away

Sold for

$1,215,000

Adjusted to this home

$1,517,003

What we added and subtracted to make this sale comparable to 40 Merridown Drive
Floor area	this home 230 m² · comparable 110.21 m²	+$145,385
Micro-location	this home 0.1205 · comparable 0.0484	+$53,160
Bedrooms	this home 4 · comparable 3	+$48,138
Pool	this home 1 · comparable 0	+$39,444
Bathrooms	this home 3 · comparable 2	+$30,342
Street	this home 0.1323 · comparable 0.15	−$13,050
Cladding	this home 3 · comparable 2	+$10,923
Year built	this home 1989 · comparable 1994	−$6,196
Land size	this home 805 m² · comparable 858 m²	−$6,143
Net adjustment		+$302,003

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.

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 40 Merridown 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 Merridown Drive over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.

40 Merridown Drive

Latest listings & sales

Your valuation

The 8 sales behind that range — and every adjustment

34 Merridown Drive

12 Macallan Street

32 Merridown Drive

4 Scotia Place

13 Willunga Place

3 Fairbank Court

3 Cabot Court

18 Nisbet Place

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

Your home

See your home the way a buyer does

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields