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 Felix Court

Sold 27 April 2026 · 0.39 km away

Sold for

$1,330,000

Adjusted to this home

$1,214,258

What we added and subtracted to make this sale comparable to 5 Celtic Close
Street	this home 0.1327 · comparable 0.005	+$135,873
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 116 m² · comparable 181.6 m²	−$104,960
Bedrooms	this home 3 · comparable 4	−$63,461
Pool	this home 1 · comparable 0	+$52,000
Land size	this home 384 m² · comparable 487 m²	−$15,738
Micro-location	this home 0.0274 · comparable 0.0405	−$13,938
Year built	this home 2003 · comparable 2002	+$1,634
Distance to beach	this home 7.88 km · comparable 7.92 km	+$574
Net adjustment		−$115,742

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

18 Nisbet Place

Sold 14 January 2026 · 0.89 km away

Sold for

$1,215,000

Adjusted to this home

$1,182,885

What we added and subtracted to make this sale comparable to 5 Celtic Close
Land size	this home 384 m² · comparable 858 m²	−$72,427
Pool	this home 1 · comparable 0	+$52,000
Micro-location	this home 0.0274 · comparable 0.0484	−$20,412
Street	this home 0.1327 · comparable 0.15	−$16,816
Year built	this home 2003 · comparable 1994	+$14,702
Floor area	this home 116 m² · comparable 110.21 m²	+$9,264
Distance to beach	this home 7.88 km · comparable 8.73 km	+$1,574
Net adjustment		−$32,115

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

73 Kingarry Circuit

Sold 25 March 2026 · 0.45 km away

Sold for

$1,245,000

Adjusted to this home

$1,277,300

What we added and subtracted to make this sale comparable to 5 Celtic Close
Street	this home 0.1327 · comparable -0.0298	+$161,850
Car spaces	this home 2 · comparable 4	−$107,726
Land size	this home 384 m² · comparable 508 m²	−$18,947
Cladding	this home 2 · comparable 3	−$14,400
Micro-location	this home 0.0274 · comparable 0.0155	+$11,853
Year built	this home 2003 · comparable 1996	+$11,435
Floor area	this home 116 m² · comparable 121 m²	−$8,000
Distance to beach	this home 7.88 km · comparable 7.6 km	−$3,765
Net adjustment		+$32,300

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

14 Griffon Street

Sold 10 March 2026 · 0.08 km away

Sold for

$1,218,000

Adjusted to this home

$1,267,721

What we added and subtracted to make this sale comparable to 5 Celtic Close
Floor area	this home 116 m² · comparable 180 m²	−$102,400
Street	this home 0.1327 · comparable 0.0335	+$96,661
Pool	this home 1 · comparable 0	+$52,000
Year built	this home 2003 · comparable 1999	+$6,534
Land size	this home 384 m² · comparable 411 m²	−$4,126
Distance to beach	this home 7.88 km · comparable 7.96 km	+$1,052
Net adjustment		+$49,721

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

3 Fairbank Court

Sold 7 August 2026 · 0.41 km away

Sold for

$1,055,000

Adjusted to this home

$1,233,395

What we added and subtracted to make this sale comparable to 5 Celtic Close
Street	this home 0.1327 · comparable -0.0568	+$159,938
Pool	this home 1 · comparable 0	+$52,000
Floor area	this home 116 m² · comparable 126 m²	−$16,000
Cladding	this home 2 · comparable 3	−$14,400
Micro-location	this home 0.0274 · comparable 0.0436	−$13,673
Land size	this home 384 m² · comparable 331 m²	+$8,098
Year built	this home 2003 · comparable 1999	+$6,534
Distance to beach	this home 7.88 km · comparable 7.52 km	−$4,102
Net adjustment		+$178,395

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

2 Mull Court

Sold 25 January 2026 · 1.15 km away

Sold for

$1,310,000

Adjusted to this home

$1,146,590

What we added and subtracted to make this sale comparable to 5 Celtic Close
Floor area	this home 116 m² · comparable 160 m²	−$70,400
Bedrooms	this home 3 · comparable 4	−$63,461
Land size	this home 384 m² · comparable 763 m²	−$57,911
Pool	this home 1 · comparable 0	+$52,000
Micro-location	this home 0.0274 · comparable 0.0567	−$30,706
Year built	this home 2003 · comparable 1990	+$21,237
Cladding	this home 2 · comparable 3	−$14,400
Distance to beach	this home 7.88 km · comparable 9.03 km	+$1,698
Street	this home 0.1327 · comparable 0.1341	−$1,467
Net adjustment		−$163,410

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

3 Cabot Court

Sold 20 April 2026 · 1.09 km away

Sold for

$1,000,000

Adjusted to this home

$1,239,999

What we added and subtracted to make this sale comparable to 5 Celtic Close
Street	this home 0.1327 · comparable -0.0193	+$93,649
Car spaces	this home 2 · comparable 1	+$41,482
Pool	this home 1 · comparable 0	+$40,047
Bathrooms	this home 2 · comparable 1	+$30,806
Floor area	this home 116 m² · comparable 93 m²	+$28,341
Year built	this home 2003 · comparable 1990	+$16,355
Micro-location	this home 0.0274 · comparable 0.0433	−$9,796
Land size	this home 384 m² · comparable 400 m²	−$1,883
Distance to beach	this home 7.88 km · comparable 8.68 km	+$998
Net adjustment		+$239,999

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

34 Merridown Drive

Sold 6 July 2026 · 1.40 km away

Sold for

$1,425,000

Adjusted to this home

$1,083,000

What we added and subtracted to make this sale comparable to 5 Celtic Close
Car spaces	this home 2 · comparable 6	−$151,450
Micro-location	this home 0.0274 · comparable 0.1211	−$75,086
Floor area	this home 116 m² · comparable 160 m²	−$49,487
Bedrooms	this home 3 · comparable 4	−$44,609
Land size	this home 384 m² · comparable 737 m²	−$37,915
Year built	this home 2003 · comparable 1990	+$14,928
Distance to beach	this home 7.88 km · comparable 9.25 km	+$1,298
Street	this home 0.1327 · comparable 0.1323	+$321
Net adjustment		−$342,000

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.

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 5 Celtic Close 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 Celtic Close 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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Why I built Fields

Will Simpson · 84 seconds