5 Mulberry Parade, 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.

59 Toolona Street

Sold 29 April 2026 · 0.81 km away

Sold for

$1,540,000

Adjusted to this home

$1,591,155

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Micro-location	this home -0.0176 · comparable 0.0688	−$106,445
Land size	this home 638 m² · comparable 405 m²	+$75,306
Floor area	this home 136 m² · comparable 107 m²	+$58,000
Year built	this home 1998 · comparable 1989	+$21,600
Cladding	this home 2 · comparable 1	+$16,000
Distance to beach	this home 7.98 km · comparable 7.18 km	−$13,306
Net adjustment		+$51,155

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

14 Mirreen Drive

Sold 2 March 2026 · 0.58 km away

Sold for

$1,480,000

Adjusted to this home

$1,469,900

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Land size	this home 638 m² · comparable 817 m²	−$57,853
Micro-location	this home -0.0176 · comparable 0.0291	−$55,293
Bathrooms	this home 2 · comparable 1	+$48,000
Floor area	this home 136 m² · comparable 120 m²	+$32,000
Year built	this home 1998 · comparable 1986	+$28,800
Distance to beach	this home 7.98 km · comparable 7.62 km	−$5,754
Net adjustment		−$10,100

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

9 Morshead Street

Sold 0.47 km away

Sold for

$1,649,000

Adjusted to this home

$1,570,152

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Micro-location	this home -0.0176 · comparable 0.15	−$221,098
Floor area	this home 136 m² · comparable 92 m²	+$88,000
Bedrooms	this home 3 · comparable 4	−$68,000
Year built	this home 1998 · comparable 1978	+$48,000
Land size	this home 638 m² · comparable 496 m²	+$45,894
Car spaces	this home 2 · comparable 1	+$28,000
Distance to beach	this home 7.98 km · comparable 8.1 km	+$356
Net adjustment		−$78,848

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

47 Toolona Street

Sold 26 March 2026 · 0.83 km away

Sold for

$1,475,000

Adjusted to this home

$1,505,122

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Micro-location	this home -0.0176 · comparable 0.0804	−$115,640
Land size	this home 638 m² · comparable 405 m²	+$75,306
Year built	this home 1998 · comparable 1980	+$43,200
Car spaces	this home 2 · comparable 1	+$28,000
Distance to beach	this home 7.98 km · comparable 7.18 km	−$12,744
Floor area	this home 136 m² · comparable 130 m²	+$12,000
Net adjustment		+$30,122

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

16 Monash Street

Sold 13 August 2026 · 0.31 km away

Sold for

$1,255,000

Adjusted to this home

$1,445,158

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Floor area	this home 136 m² · comparable 97 m²	+$78,000
Land size	this home 638 m² · comparable 405 m²	+$75,306
Bathrooms	this home 2 · comparable 1	+$48,000
Micro-location	this home -0.0176 · comparable 0.0121	−$29,819
Car spaces	this home 2 · comparable 1	+$28,000
Year built	this home 1998 · comparable 2002	−$9,600
Distance to beach	this home 7.98 km · comparable 8.09 km	+$271
Net adjustment		+$190,158

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

3 Castle Court

Sold 22 April 2026 · 0.16 km away

Sold for

$1,680,000

Adjusted to this home

$1,500,061

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Floor area	this home 136 m² · comparable 198 m²	−$124,000
Bathrooms	this home 2 · comparable 3	−$48,000
Micro-location	this home -0.0176 · comparable -0.0065	−$14,918
Land size	this home 638 m² · comparable 600 m²	+$12,282
Distance to beach	this home 7.98 km · comparable 7.82 km	−$2,903
Year built	this home 1998 · comparable 1999	−$2,400
Net adjustment		−$179,939

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

8 Costelloe Street

Sold 7 May 2026 · 0.87 km away

Sold for

$1,675,000

Adjusted to this home

$1,428,541

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Micro-location	this home -0.0176 · comparable 0.0502	−$90,852
Bedrooms	this home 3 · comparable 4	−$68,000
Land size	this home 638 m² · comparable 808 m²	−$54,944
Floor area	this home 136 m² · comparable 158 m²	−$44,000
Year built	this home 1998 · comparable 1988	+$24,000
Distance to beach	this home 7.98 km · comparable 7.28 km	−$12,663
Net adjustment		−$246,459

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

48 West Wyberba Street

Sold 17 June 2026 · 0.97 km away

Sold for

$1,800,000

Adjusted to this home

$1,547,332

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Micro-location	this home -0.0176 · comparable 0.0747	−$132,912
Land size	this home 638 m² · comparable 405 m²	+$75,306
Bedrooms	this home 3 · comparable 4	−$68,000
Bathrooms	this home 2 · comparable 3	−$48,000
Year built	this home 1998 · comparable 2014	−$38,400
Floor area	this home 136 m² · comparable 147 m²	−$22,000
Distance to beach	this home 7.98 km · comparable 7.02 km	−$18,662
Net adjustment		−$252,668

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

16 Alinjarra Drive

Sold 28 April 2026 · 1.07 km away

Sold for

$1,765,000

Adjusted to this home

$1,509,663

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Floor area	this home 136 m² · comparable 189 m²	−$106,000
Micro-location	this home -0.0176 · comparable 0.0386	−$79,354
Bedrooms	this home 3 · comparable 4	−$68,000
Land size	this home 638 m² · comparable 772 m²	−$43,309
Car spaces	this home 2 · comparable 1	+$28,000
Year built	this home 1998 · comparable 1988	+$24,000
Distance to beach	this home 7.98 km · comparable 7.42 km	−$10,674
Net adjustment		−$255,337

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

24 Nangana Street

Sold 7 May 2026 · 0.69 km away

Sold for

$1,900,000

Adjusted to this home

$1,368,001

What we added and subtracted to make this sale comparable to 5 Mulberry Parade
Land size	this home 638 m² · comparable 3853 m²	−$442,253
Micro-location	this home -0.0176 · comparable 0.0509	−$44,315
Bedrooms	this home 3 · comparable 4	−$28,942
Floor area	this home 136 m² · comparable 159 m²	−$19,578
Cladding	this home 2 · comparable 1	+$6,810
Distance to beach	this home 7.98 km · comparable 7.32 km	−$5,764
Year built	this home 1998 · comparable 1996	+$2,043
Net adjustment		−$531,999

A further 9 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 Mulberry Parade 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 Mulberry Parade over the past 18 months, compared it with Tugun’s wider market, and examined the indicators most likely to reveal what happens next.

5 Mulberry Parade

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The 10 sales behind that range — and every adjustment

59 Toolona Street

14 Mirreen Drive

9 Morshead Street

47 Toolona Street

16 Monash Street

3 Castle Court

8 Costelloe Street

48 West Wyberba Street

16 Alinjarra Drive

24 Nangana Street

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

Your home

See your home the way a buyer does

6 Taperell Drive

23 Wagawn Street

30 O'Connor Street

19 San Michele Street

8 Costelloe Street

19 Winders Avenue

39A Dilgara Street

106 Illawarra Crescent

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