5 Caprice Court, Mermaid 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.

53 Bordeaux Parade

Sold 5 May 2026 · 0.10 km away

Sold for

$1,650,000

Adjusted to this home

$1,576,697

What we added and subtracted to make this sale comparable to 5 Caprice Court
Micro-location	this home -0.0344 · comparable 0.0242	−$77,352
Car spaces	this home 2 · comparable 1	+$50,917
Street	this home -0.1238 · comparable -0.0981	−$33,924
Year built	this home 1997 · comparable 2007	−$10,384
Floor area	this home 144 m² · comparable 147 m²	−$6,000
Land size	this home 622 m² · comparable 607 m²	+$5,400
Distance to beach	this home 4.1 km · comparable 4.01 km	−$1,960
Net adjustment		−$73,303

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

6 Wayfarer Avenue

Sold 2 July 2026 · 1.27 km away

Sold for

$1,730,000

Adjusted to this home

$1,537,698

What we added and subtracted to make this sale comparable to 5 Caprice Court
Micro-location	this home -0.0344 · comparable 0.0439	−$108,367
Street	this home -0.1238 · comparable -0.0734	−$69,754
Floor area	this home 144 m² · comparable 152 m²	−$16,000
Year built	this home 1997 · comparable 1985	+$12,461
Distance to beach	this home 4.1 km · comparable 3.72 km	−$11,002
Land size	this home 622 m² · comparable 621 m²	+$360
Net adjustment		−$192,302

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

6 Vatakoula Parade

Sold 10 April 2026 · 0.34 km away

Sold for

$1,680,000

Adjusted to this home

$1,442,912

What we added and subtracted to make this sale comparable to 5 Caprice Court
Street	this home -0.1238 · comparable -0.0145	−$146,899
Micro-location	this home -0.0344 · comparable 0.0713	−$142,061
Bathrooms	this home 2 · comparable 1	+$48,000
Floor area	this home 144 m² · comparable 157 m²	−$26,000
Year built	this home 1997 · comparable 1975	+$22,845
Land size	this home 622 m² · comparable 577 m²	+$16,200
Distance to beach	this home 4.1 km · comparable 3.77 km	−$9,173
Net adjustment		−$237,088

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

28 Bordeaux Parade

Sold 3 December 2025 · 0.14 km away

Sold for

$1,600,000

Adjusted to this home

$1,662,358

What we added and subtracted to make this sale comparable to 5 Caprice Court
Floor area	this home 144 m² · comparable 116 m²	+$56,000
Bathrooms	this home 2 · comparable 1	+$48,000
Micro-location	this home -0.0344 · comparable -0.0002	−$43,776
Street	this home -0.1238 · comparable -0.0981	−$32,896
Year built	this home 1997 · comparable 1976	+$21,806
Land size	this home 622 m² · comparable 577 m²	+$16,200
Distance to beach	this home 4.1 km · comparable 3.97 km	−$2,976
Net adjustment		+$62,358

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

3 Fairsky Avenue

Sold 27 April 2026 · 1.47 km away

Sold for

$1,805,000

Adjusted to this home

$1,463,430

What we added and subtracted to make this sale comparable to 5 Caprice Court
Micro-location	this home -0.0344 · comparable 0.1169	−$218,477
Street	this home -0.1238 · comparable -0.0497	−$107,000
Distance to beach	this home 4.1 km · comparable 2.85 km	−$39,746
Year built	this home 1997 · comparable 1980	+$17,653
Floor area	this home 144 m² · comparable 141 m²	+$6,000
Net adjustment		−$341,570

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

37 Arcadia Drive

Sold 3 March 2026 · 1.40 km away

Sold for

$1,840,000

Adjusted to this home

$1,470,840

What we added and subtracted to make this sale comparable to 5 Caprice Court
Micro-location	this home -0.0344 · comparable 0.096	−$191,949
Street	this home -0.1238 · comparable -0.0277	−$141,459
Distance to beach	this home 4.1 km · comparable 3.02 km	−$34,886
Year built	this home 1997 · comparable 1981	+$16,614
Land size	this home 622 m² · comparable 665 m²	−$15,480
Floor area	this home 144 m² · comparable 145 m²	−$2,000
Net adjustment		−$369,160

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

112 Sunshine Boulevard

Sold 28 April 2026 · 0.11 km away

Sold for

$1,725,000

Adjusted to this home

$1,358,163

What we added and subtracted to make this sale comparable to 5 Caprice Court
Car spaces	this home 2 · comparable 4	−$101,834
Micro-location	this home -0.0344 · comparable 0.0259	−$83,214
Bedrooms	this home 3 · comparable 4	−$68,000
Floor area	this home 144 m² · comparable 176 m²	−$64,000
Street	this home -0.1238 · comparable -0.079	−$61,824
Year built	this home 1997 · comparable 1988	+$9,346
Land size	this home 622 m² · comparable 612 m²	+$3,600
Distance to beach	this home 4.1 km · comparable 4.06 km	−$911
Net adjustment		−$366,837

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

17 Oriana Drive

Sold 5 December 2025 · 1.11 km away

Sold for

$1,725,000

Adjusted to this home

$1,333,773

What we added and subtracted to make this sale comparable to 5 Caprice Court
Micro-location	this home -0.0344 · comparable 0.0888	−$170,016
Street	this home -0.1238 · comparable -0.0228	−$139,380
Floor area	this home 144 m² · comparable 180 m²	−$72,000
Bedrooms	this home 3 · comparable 4	−$68,000
Car spaces	this home 2 · comparable 1	+$50,917
Bathrooms	this home 2 · comparable 1	+$48,000
Distance to beach	this home 4.1 km · comparable 3.26 km	−$25,254
Land size	this home 622 m² · comparable 691 m²	−$24,840
Year built	this home 1997 · comparable 1988	+$9,346
Net adjustment		−$391,227

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

173 Markeri Street

Sold 8 June 2026 · 1.11 km away

Sold for

$2,125,000

Adjusted to this home

$1,445,000

What we added and subtracted to make this sale comparable to 5 Caprice Court
Street	this home -0.1238 · comparable 0.15	−$317,063
Micro-location	this home -0.0344 · comparable 0.0553	−$103,874
Floor area	this home 144 m² · comparable 205 m²	−$83,104
Car spaces	this home 2 · comparable 4	−$69,367
Bedrooms	this home 3 · comparable 4	−$46,321
Land size	this home 622 m² · comparable 764 m²	−$34,822
Bathrooms	this home 2 · comparable 3	−$32,697
Year built	this home 1997 · comparable 1980	+$12,025
Distance to beach	this home 4.1 km · comparable 3.89 km	−$4,777
Net adjustment		−$680,000

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

70 Gretel Drive

Sold 3 November 2025 · 0.85 km away

Sold for

$2,335,000

Adjusted to this home

$1,587,799

What we added and subtracted to make this sale comparable to 5 Caprice Court
Street	this home -0.1238 · comparable 0.15	−$393,556
Micro-location	this home -0.0344 · comparable 0.15	−$265,054
Land size	this home 622 m² · comparable 804 m²	−$50,416
Distance to beach	this home 4.1 km · comparable 3.27 km	−$25,981
Cladding	this home 2 · comparable 3	−$12,312
Year built	this home 1997 · comparable 1993	+$3,196
Floor area	this home 144 m² · comparable 146 m²	−$3,078
Net adjustment		−$747,201

A further 10 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 5 Caprice Court 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 5 Caprice Court over the past 18 months, compared it with Mermaid Waters’s wider market, and examined the indicators most likely to reveal what happens next.

5 Caprice Court

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The 10 sales behind that range — and every adjustment

53 Bordeaux Parade

6 Wayfarer Avenue

6 Vatakoula Parade

28 Bordeaux Parade

3 Fairsky Avenue

37 Arcadia Drive

112 Sunshine Boulevard

17 Oriana Drive

173 Markeri Street

70 Gretel Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 5 Caprice Court sit?

Your home

See your home the way a buyer does

20 Sundowner Court

7 Splice Street

9 Volante Crescent

8A Rumrunner Street

4 Yalgoo Court

76 Gretel Drive

54 Gretel Drive

3 Ripponlea Street

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