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Private property report · Updated Tuesday 20 October 2026

49 Merridown Drive

Merrimac, QLD

747 m² land3 bedrooms2 bathrooms292 m² floor

Last recorded sale: $1,015,000 in August 2024.

Houses for sale nearby

1 nearbyMerrimac first, nearest first

6 Dunedin Close, Merrimac, QLD 4226

3 · 2 · 4 · 449 m²

Offers above $979,000

1.5 km away

Latest listings & sales

1 listed · 3 soldin Merrimac or within 3 km

6 Dunedin Close, Merrimac, QLD 4226

3 · 2 · 4

Offers above $979,000

Listed 20 Jul · 91 days ago · 1.5 km away

Sold

35 Willunga Place, Merrimac QLD 4226

3 · 2

$1,075,000

Sold Aug 2026 · 820 m away

Sold

34 Merridown Drive, Merrimac QLD 4226

4 · 2

$1,425,000

Sold Jul 2026 · 210 m away

Sold

10 Highfield Drive, Merrimac QLD 4226

$1,240,000

Sold Jul 2026 · 1.0 km away

Where your competition sits

1 competing house nearby

Your valuation

Comparable range

$1,080,498 – $1,672,363

8 adjusted comparable sales · 8 verified · 11 of 18 candidate sales verified · band ±21.5% measured on 65 sales · recomputed 19 October 2026

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 · 0.21 km away

Sold for

$1,425,000

Adjusted to this home

$1,358,252

What we added and subtracted to make this sale comparable to 49 Merridown Drive
Car spaces	this home 2 · comparable 6	−$215,453
Floor area	this home 292 m² · comparable 160 m²	+$211,200
Bedrooms	this home 3 · comparable 4	−$63,461
Year built	this home 2024 · comparable 1990	+$55,542
Pool	this home 0 · comparable 1	−$52,000
Micro-location	this home 0.1175 · comparable 0.1211	−$4,104
Land size	this home 747 m² · comparable 737 m²	+$1,528
Net adjustment		−$66,748

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

32 Merridown Drive

Sold 30 October 2025 · 0.22 km away

Sold for

$1,335,000

Adjusted to this home

$1,390,926

What we added and subtracted to make this sale comparable to 49 Merridown Drive
Floor area	this home 292 m² · comparable 150.13 m²	+$226,992
Condition	this home 6 · comparable 8	−$106,800
Bedrooms	this home 3 · comparable 4	−$63,461
Year built	this home 2024 · comparable 1991	+$53,909
Pool	this home 0 · comparable 1	−$52,000
Micro-location	this home 0.1175 · comparable 0.1209	−$3,631
Land size	this home 747 m² · comparable 741 m²	+$917
Net adjustment		+$55,926

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

12 Macallan Street

Sold 23 March 2026 · 0.14 km away

Sold for

$1,440,000

Adjusted to this home

$1,216,711

What we added and subtracted to make this sale comparable to 49 Merridown Drive
Car spaces	this home 2 · comparable 5	−$161,590
Floor area	this home 292 m² · comparable 251 m²	+$65,600
Bedrooms	this home 3 · comparable 4	−$63,461
Condition	this home 6 · comparable 7	−$57,600
Year built	this home 2024 · comparable 1989	+$57,176
Pool	this home 0 · comparable 1	−$52,000
Street	this home 0.1323 · comparable 0.15	−$20,390
Micro-location	this home 0.1175 · comparable 0.1113	+$7,142
Land size	this home 747 m² · comparable 735 m²	+$1,834
Net adjustment		−$223,289

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

4 Scotia Place

Sold 12 May 2026 · 1.01 km away

Sold for

$1,085,000

Adjusted to this home

$1,345,400

What we added and subtracted to make this sale comparable to 49 Merridown Drive
Floor area	this home 292 m² · comparable 112 m²	+$105,831
Street	this home 0.1323 · comparable -0.0364	+$53,810
Micro-location	this home 0.1175 · comparable -0.0195	+$43,698
Car spaces	this home 2 · comparable 1	+$19,793
Land size	this home 747 m² · comparable 404 m²	+$19,259
Year built	this home 2024 · comparable 1994	+$18,009
Net adjustment		+$260,400

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

3 Fairbank Court

Sold 7 August 2026 · 1.76 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,200

What we added and subtracted to make this sale comparable to 49 Merridown Drive
Floor area	this home 292 m² · comparable 126 m²	+$117,548
Street	this home 0.1323 · comparable -0.0568	+$70,635
Land size	this home 747 m² · comparable 331 m²	+$28,132
Micro-location	this home 0.1175 · comparable 0.0436	+$27,604
Year built	this home 2024 · comparable 1999	+$18,074
Cladding	this home 2 · comparable 3	−$6,373
Distance to beach	this home 9.14 km · comparable 7.52 km	−$2,420
Net adjustment		+$253,200

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

13 Willunga Place

Sold 1 December 2025 · 0.79 km away

Sold for

$1,080,000

Adjusted to this home

$1,354,210

What we added and subtracted to make this sale comparable to 49 Merridown Drive
Floor area	this home 292 m² · comparable 140 m²	+$133,119
Condition	this home 6 · comparable 9	−$82,762
Street	this home 0.1323 · comparable -0.0392	+$81,106
Micro-location	this home 0.1175 · comparable -0.0052	+$58,028
Car spaces	this home 2 · comparable 1	+$29,483
Year built	this home 2024 · comparable 1993	+$27,719
Land size	this home 747 m² · comparable 418 m²	+$27,517
Net adjustment		+$274,210

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

3 Cabot Court

Sold 20 April 2026 · 1.38 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 49 Merridown Drive
Floor area	this home 292 m² · comparable 93 m²	+$115,525
Street	this home 0.1323 · comparable -0.0193	+$44,004
Micro-location	this home 0.1175 · comparable 0.0433	+$21,538
Year built	this home 2024 · comparable 1990	+$20,153
Car spaces	this home 2 · comparable 1	+$19,543
Land size	this home 747 m² · comparable 400 m²	+$19,238
Bathrooms	this home 2 · comparable 1	+$14,513
Condition	this home 6 · comparable 7	−$14,513
Net adjustment		+$240,001

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

18 Nisbet Place

Sold 14 January 2026 · 0.46 km away

Sold for

$1,215,000

Adjusted to this home

$1,519,475

What we added and subtracted to make this sale comparable to 49 Merridown Drive
Floor area	this home 292 m² · comparable 110.21 m²	+$273,107
Micro-location	this home 0.1175 · comparable 0.0484	+$63,065
Year built	this home 2024 · comparable 1994	+$46,016
Condition	this home 6 · comparable 7	−$45,633
Street	this home 0.1323 · comparable 0.15	−$16,154
Land size	this home 747 m² · comparable 858 m²	−$15,926
Net adjustment		+$304,475

A further 12 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 49 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 49 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.

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Reports for this address

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