40 Station Street, Tugun — Off-Market Report

The 10 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.

9 Morshead Street

Sold 0.78 km away

Sold for

$1,649,000

Adjusted to this home

$1,699,112

What we added and subtracted to make this sale comparable to 40 Station Street
Micro-location	this home 0.0493 · comparable 0.15	−$132,843
Floor area	this home 153 m² · comparable 92 m²	+$122,000
Bedrooms	this home 3 · comparable 4	−$68,000
Year built	this home 2002 · comparable 1978	+$57,600
Car spaces	this home 3 · comparable 1	+$56,000
Distance to beach	this home 7.41 km · comparable 8.1 km	+$10,507
Land size	this home 511 m² · comparable 496 m²	+$4,848
Net adjustment		+$50,112

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

3 Castle Court

Sold 22 April 2026 · 0.42 km away

Sold for

$1,680,000

Adjusted to this home

$1,630,869

What we added and subtracted to make this sale comparable to 40 Station Street
Floor area	this home 153 m² · comparable 198 m²	−$90,000
Micro-location	this home 0.0493 · comparable -0.0065	+$74,995
Bathrooms	this home 2 · comparable 3	−$48,000
Land size	this home 511 m² · comparable 600 m²	−$28,765
Car spaces	this home 3 · comparable 2	+$28,000
Distance to beach	this home 7.41 km · comparable 7.82 km	+$7,439
Year built	this home 2002 · comparable 1999	+$7,200
Net adjustment		−$49,131

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

59 Toolona Street

Sold 29 April 2026 · 0.23 km away

Sold for

$1,540,000

Adjusted to this home

$1,713,609

What we added and subtracted to make this sale comparable to 40 Station Street
Floor area	this home 153 m² · comparable 107 m²	+$92,000
Land size	this home 511 m² · comparable 405 m²	+$34,259
Year built	this home 2002 · comparable 1989	+$31,200
Car spaces	this home 3 · comparable 2	+$28,000
Micro-location	this home 0.0493 · comparable 0.0688	−$24,024
Cladding	this home 2 · comparable 1	+$16,000
Distance to beach	this home 7.41 km · comparable 7.18 km	−$3,826
Net adjustment		+$173,609

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

8 Costelloe Street

Sold 7 May 2026 · 0.58 km away

Sold for

$1,675,000

Adjusted to this home

$1,559,052

What we added and subtracted to make this sale comparable to 40 Station Street
Land size	this home 511 m² · comparable 808 m²	−$95,990
Bedrooms	this home 3 · comparable 4	−$68,000
Year built	this home 2002 · comparable 1988	+$33,600
Car spaces	this home 3 · comparable 2	+$28,000
Floor area	this home 153 m² · comparable 158 m²	−$10,000
Distance to beach	this home 7.41 km · comparable 7.28 km	−$2,352
Micro-location	this home 0.0493 · comparable 0.0502	−$1,206
Net adjustment		−$115,948

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

14 Mirreen Drive

Sold 2 March 2026 · 0.54 km away

Sold for

$1,480,000

Adjusted to this home

$1,588,775

What we added and subtracted to make this sale comparable to 40 Station Street
Land size	this home 511 m² · comparable 817 m²	−$98,899
Floor area	this home 153 m² · comparable 120 m²	+$66,000
Bathrooms	this home 2 · comparable 1	+$48,000
Year built	this home 2002 · comparable 1986	+$38,400
Car spaces	this home 3 · comparable 2	+$28,000
Micro-location	this home 0.0493 · comparable 0.0291	+$23,917
Distance to beach	this home 7.41 km · comparable 7.62 km	+$3,357
Net adjustment		+$108,775

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

48 West Wyberba Street

Sold 17 June 2026 · 0.39 km away

Sold for

$1,800,000

Adjusted to this home

$1,685,301

What we added and subtracted to make this sale comparable to 40 Station Street
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 2 · comparable 3	−$48,000
Micro-location	this home 0.0493 · comparable 0.0747	−$36,576
Land size	this home 511 m² · comparable 405 m²	+$34,259
Year built	this home 2002 · comparable 2014	−$28,800
Car spaces	this home 3 · comparable 2	+$28,000
Floor area	this home 153 m² · comparable 147 m²	+$12,000
Distance to beach	this home 7.41 km · comparable 7.02 km	−$7,582
Net adjustment		−$114,699

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

16 Alinjarra Drive

Sold 28 April 2026 · 0.94 km away

Sold for

$1,765,000

Adjusted to this home

$1,645,544

What we added and subtracted to make this sale comparable to 40 Station Street
Land size	this home 511 m² · comparable 772 m²	−$84,355
Floor area	this home 153 m² · comparable 189 m²	−$72,000
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 3 · comparable 1	+$56,000
Year built	this home 2002 · comparable 1988	+$33,600
Micro-location	this home 0.0493 · comparable 0.0386	+$15,109
Distance to beach	this home 7.41 km · comparable 7.42 km	+$190
Net adjustment		−$119,456

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

47 Toolona Street

Sold 26 March 2026 · 0.26 km away

Sold for

$1,475,000

Adjusted to this home

$1,623,697

What we added and subtracted to make this sale comparable to 40 Station Street
Car spaces	this home 3 · comparable 1	+$56,000
Year built	this home 2002 · comparable 1980	+$52,800
Floor area	this home 153 m² · comparable 130 m²	+$46,000
Micro-location	this home 0.0493 · comparable 0.0804	−$36,698
Land size	this home 511 m² · comparable 405 m²	+$34,259
Distance to beach	this home 7.41 km · comparable 7.18 km	−$3,664
Net adjustment		+$148,697

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

17 Admiral Crescent

Sold 30 April 2026 · 0.51 km away

Sold for

$1,605,000

Adjusted to this home

$1,486,779

What we added and subtracted to make this sale comparable to 40 Station Street
Floor area	this home 153 m² · comparable 211 m²	−$116,000
Bedrooms	this home 3 · comparable 4	−$68,000
Micro-location	this home 0.0493 · comparable 0.0061	+$55,469
Land size	this home 511 m² · comparable 610 m²	−$31,997
Car spaces	this home 3 · comparable 2	+$28,000
Year built	this home 2002 · comparable 1999	+$7,200
Distance to beach	this home 7.41 km · comparable 7.82 km	+$7,107
Net adjustment		−$118,221

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

24 Nangana Street

Sold 7 May 2026 · 0.27 km away

Sold for

$1,900,000

Adjusted to this home

$1,367,999

What we added and subtracted to make this sale comparable to 40 Station Street
Land size	this home 511 m² · comparable 3853 m²	−$519,552
Bedrooms	this home 3 · comparable 4	−$32,709
Car spaces	this home 3 · comparable 2	+$13,468
Cladding	this home 2 · comparable 1	+$7,696
Year built	this home 2002 · comparable 1996	+$6,926
Floor area	this home 153 m² · comparable 159 m²	−$5,772
Micro-location	this home 0.0493 · comparable 0.0509	−$1,170
Distance to beach	this home 7.41 km · comparable 7.32 km	−$888
Net adjustment		−$532,001

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 40 Station Street 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 Station Street over the past 18 months, compared it with Tugun’s wider market, and examined the indicators most likely to reveal what happens next.

40 Station Street

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The 10 sales behind that range — and every adjustment

9 Morshead Street

3 Castle Court

59 Toolona Street

8 Costelloe Street

14 Mirreen Drive

48 West Wyberba Street

16 Alinjarra Drive

47 Toolona Street

17 Admiral Crescent

24 Nangana Street

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

Your home

See your home the way a buyer does

6 Taperell Drive

23 Wagawn Street

30 O'Connor Street

39A Dilgara Street

106 Illawarra Crescent

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