48 Cayman Drive, Clear Island Waters — 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.

5 Curacao Place

Sold 21 July 2026 · 0.06 km away

Sold for

$1,910,000

Adjusted to this home

$2,004,517

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Street	this home 0.0398 · comparable -0.1121	+$232,103
Car spaces	this home 2 · comparable 5	−$84,000
Bedrooms	this home 3 · comparable 4	−$68,000
Micro-location	this home -0.0086 · comparable -0.0183	+$14,822
Land size	this home 600 m² · comparable 630 m²	−$10,800
Floor area	this home 185 m² · comparable 180 m²	+$9,636
Distance to beach	this home 5.14 km · comparable 5.17 km	+$756
Net adjustment		+$94,517

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

8 Bon Aire Court

Sold 9 February 2026 · 0.14 km away

Sold for

$1,885,000

Adjusted to this home

$1,842,000

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Bedrooms	this home 3 · comparable 4	−$68,000
Micro-location	this home -0.0086 · comparable -0.0343	+$38,755
Floor area	this home 185 m² · comparable 191 m²	−$11,563
Land size	this home 600 m² · comparable 613 m²	−$4,680
Distance to beach	this home 5.14 km · comparable 5.24 km	+$2,488
Net adjustment		−$43,000

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

24 Cayman Drive

Sold 26 January 2026 · 0.23 km away

Sold for

$2,050,000

Adjusted to this home

$1,962,114

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Bedrooms	this home 3 · comparable 4	−$68,000
Micro-location	this home -0.0086 · comparable 0.0171	−$42,148
Floor area	this home 185 m² · comparable 170 m²	+$28,908
Land size	this home 600 m² · comparable 635 m²	−$12,600
Distance to beach	this home 5.14 km · comparable 5.36 km	+$5,954
Net adjustment		−$87,886

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

18 Montserrat Court

Sold 1 May 2026 · 0.50 km away

Sold for

$1,925,000

Adjusted to this home

$2,014,299

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Street	this home 0.0398 · comparable -0.0773	+$180,334
Land size	this home 600 m² · comparable 840 m²	−$86,400
Floor area	this home 185 m² · comparable 226 m²	−$79,015
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 2 · comparable 0	+$66,227
Micro-location	this home -0.0086 · comparable -0.0498	+$63,448
Distance to beach	this home 5.14 km · comparable 5.64 km	+$12,705
Net adjustment		+$89,299

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

49 Martingale Circuit

Sold 28 May 2026 · 1.65 km away

Sold for

$1,660,000

Adjusted to this home

$1,636,269

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Street	this home 0.0398 · comparable -0.1345	+$231,470
Floor area	this home 185 m² · comparable 265 m²	−$154,176
Bedrooms	this home 3 · comparable 4	−$68,000
Micro-location	this home -0.0086 · comparable 0.0114	−$26,560
Year built	this home 1989 · comparable 1995	−$14,400
Distance to beach	this home 5.14 km · comparable 5.42 km	+$6,135
Land size	this home 600 m² · comparable 595 m²	+$1,800
Net adjustment		−$23,731

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

6 Andros Court

Sold 18 March 2026 · 1.03 km away

Sold for

$2,200,000

Adjusted to this home

$1,888,421

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Street	this home 0.0398 · comparable -0.0518	+$161,216
Floor area	this home 185 m² · comparable 268 m²	−$159,958
Micro-location	this home -0.0086 · comparable 0.0647	−$129,008
Land size	this home 600 m² · comparable 824 m²	−$80,640
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 2 · comparable 3	−$33,114
Car spaces	this home 2 · comparable 3	−$28,000
Distance to beach	this home 5.14 km · comparable 6.04 km	+$25,925
Net adjustment		−$311,579

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

92 Santa Cruz Boulevard

Sold 2 June 2026 · 0.90 km away

Sold for

$2,300,000

Adjusted to this home

$1,884,282

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Floor area	this home 185 m² · comparable 310 m²	−$240,900
Street	this home 0.0398 · comparable -0.0466	+$158,976
Land size	this home 600 m² · comparable 936 m²	−$120,960
Micro-location	this home -0.0086 · comparable 0.0524	−$112,240
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 2 · comparable 4	−$56,000
Distance to beach	this home 5.14 km · comparable 5.99 km	+$25,806
Year built	this home 1989 · comparable 1990	−$2,400
Net adjustment		−$415,718

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

51 Cayman Drive

Sold 0.05 km away

Sold for

$2,450,000

Adjusted to this home

$2,272,414

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Land size	this home 600 m² · comparable 890 m²	−$104,400
Bedrooms	this home 3 · comparable 4	−$68,000
Floor area	this home 185 m² · comparable 190 m²	−$9,636
Micro-location	this home -0.0086 · comparable -0.0112	+$5,096
Distance to beach	this home 5.14 km · comparable 5.12 km	−$646
Net adjustment		−$177,586

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

20 Moonraker Street

Sold 7 January 2026 · 1.62 km away

Sold for

$1,840,000

Adjusted to this home

$1,964,246

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Street	this home 0.0398 · comparable -0.1451	+$272,173
Floor area	this home 185 m² · comparable 236 m²	−$98,287
Bedrooms	this home 3 · comparable 4	−$68,000
Micro-location	this home -0.0086 · comparable -0.0349	+$38,714
Land size	this home 600 m² · comparable 634 m²	−$12,240
Year built	this home 1989 · comparable 1994	−$12,000
Distance to beach	this home 5.14 km · comparable 5.3 km	+$3,886
Net adjustment		+$124,246

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

38 Cayman Drive

Sold 19 June 2026 · 0.11 km away

Sold for

$2,813,000

Adjusted to this home

$2,048,645

What we added and subtracted to make this sale comparable to 48 Cayman Drive
Floor area	this home 185 m² · comparable 508 m²	−$622,486
Bathrooms	this home 2 · comparable 5	−$99,341
Land size	this home 600 m² · comparable 402 m²	+$71,280
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 2 · comparable 4	−$56,000
Micro-location	this home -0.0086 · comparable -0.0266	+$40,507
Cladding	this home 2 · comparable 4	−$32,000
Distance to beach	this home 5.14 km · comparable 5.25 km	+$4,085
Year built	this home 1989 · comparable 1990	−$2,400
Net adjustment		−$764,355

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 48 Cayman 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 48 Cayman Drive over the past 18 months, compared it with Clear Island Waters’s wider market, and examined the indicators most likely to reveal what happens next.

48 Cayman Drive

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The 10 sales behind that range — and every adjustment

5 Curacao Place

8 Bon Aire Court

24 Cayman Drive

18 Montserrat Court

49 Martingale Circuit

6 Andros Court

92 Santa Cruz Boulevard

51 Cayman Drive

20 Moonraker Street

38 Cayman Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 48 Cayman Drive sit?

Your home

See your home the way a buyer does

39 Port Jackson Boulevard

16 Montserrat Court

6 Montserrat Court

6 Key Largo

Unit 50 Gooding Drive

14-16 Tortuga Place

14-16 Tortuga Place

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