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 · 0.48 km away

Sold for

$1,425,000

Adjusted to this home

$1,470,577

What we added and subtracted to make this sale comparable to 5 Nisbet Place
Car spaces	this home 2 · comparable 6	−$215,453
Condition	this home 9 · comparable 6	+$199,500
Micro-location	this home 0.0523 · comparable 0.1211	−$78,432
Floor area	this home 207 m² · comparable 160 m²	+$75,200
Bathrooms	this home 3 · comparable 2	+$40,000
Street	this home 0.15 · comparable 0.1323	+$20,178
Land size	this home 630 m² · comparable 737 m²	−$16,350
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1994 · comparable 1990	+$6,534
Net adjustment		+$45,577

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

12 Macallan Street

Sold 23 March 2026 · 0.37 km away

Sold for

$1,440,000

Adjusted to this home

$1,330,566

What we added and subtracted to make this sale comparable to 5 Nisbet Place
Car spaces	this home 2 · comparable 5	−$161,590
Condition	this home 9 · comparable 7	+$144,000
Floor area	this home 207 m² · comparable 251 m²	−$70,400
Micro-location	this home 0.0523 · comparable 0.1113	−$67,968
Bathrooms	this home 3 · comparable 2	+$40,000
Land size	this home 630 m² · comparable 735 m²	−$16,044
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1994 · comparable 1989	+$8,168
Net adjustment		−$109,434

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

2 Mull Court

Sold 25 January 2026 · 0.26 km away

Sold for

$1,310,000

Adjusted to this home

$1,475,464

What we added and subtracted to make this sale comparable to 5 Nisbet Place
Floor area	this home 207 m² · comparable 160 m²	+$75,200
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 3 · comparable 2	+$40,000
Land size	this home 630 m² · comparable 763 m²	−$20,322
Street	this home 0.15 · comparable 0.1341	+$16,663
Year built	this home 1994 · comparable 1990	+$6,534
Micro-location	this home 0.0523 · comparable 0.0567	−$4,611
Net adjustment		+$165,464

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

32 Merridown Drive

Sold 30 October 2025 · 0.47 km away

Sold for

$1,335,000

Adjusted to this home

$1,494,071

What we added and subtracted to make this sale comparable to 5 Nisbet Place
Floor area	this home 207 m² · comparable 150.13 m²	+$90,992
Condition	this home 9 · comparable 8	+$80,100
Micro-location	this home 0.0523 · comparable 0.1209	−$73,265
Bathrooms	this home 3 · comparable 2	+$40,000
Street	this home 0.15 · comparable 0.1323	+$18,904
Land size	this home 630 m² · comparable 741 m²	−$16,961
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1994 · comparable 1991	+$4,901
Net adjustment		+$159,071

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

18 Nisbet Place

Sold 14 January 2026 · 0.15 km away

Sold for

$1,215,000

Adjusted to this home

$1,516,559

What we added and subtracted to make this sale comparable to 5 Nisbet Place
Floor area	this home 207 m² · comparable 110.21 m²	+$112,484
Condition	this home 9 · comparable 7	+$88,250
Bedrooms	this home 4 · comparable 3	+$46,094
Pool	this home 1 · comparable 0	+$37,770
Bathrooms	this home 3 · comparable 2	+$29,054
Land size	this home 630 m² · comparable 858 m²	−$25,305
Cladding	this home 3 · comparable 2	+$10,459
Micro-location	this home 0.0523 · comparable 0.0484	+$2,753
Net adjustment		+$301,559

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

14 Griffon Street

Sold 10 March 2026 · 0.84 km away

Sold for

$1,218,000

Adjusted to this home

$1,510,319

What we added and subtracted to make this sale comparable to 5 Nisbet Place
Condition	this home 9 · comparable 6	+$91,272
Street	this home 0.15 · comparable 0.0335	+$60,761
Bedrooms	this home 4 · comparable 3	+$33,968
Pool	this home 1 · comparable 0	+$27,834
Floor area	this home 207 m² · comparable 180 m²	+$23,123
Bathrooms	this home 3 · comparable 2	+$21,410
Land size	this home 630 m² · comparable 411 m²	+$17,911
Micro-location	this home 0.0523 · comparable 0.0274	+$12,986
Cladding	this home 3 · comparable 2	+$7,708
Year built	this home 1994 · comparable 1999	−$4,372
Distance to beach	this home 8.79 km · comparable 7.96 km	−$282
Net adjustment		+$292,319

A further 7 factors were compared and found the same on both properties, so no money moved.

4 Scotia Place

Sold 12 May 2026 · 0.58 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 5 Nisbet Place
Street	this home 0.15 · comparable -0.0364	+$66,414
Floor area	this home 207 m² · comparable 112 m²	+$62,394
Bedrooms	this home 4 · comparable 3	+$26,050
Micro-location	this home 0.0523 · comparable -0.0195	+$25,582
Car spaces	this home 2 · comparable 1	+$22,110
Pool	this home 1 · comparable 0	+$21,345
Bathrooms	this home 3 · comparable 2	+$16,419
Land size	this home 630 m² · comparable 404 m²	+$14,175
Cladding	this home 3 · comparable 2	+$5,911
Net adjustment		+$260,400

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

5 Felix Court

Sold 27 April 2026 · 0.91 km away

Sold for

$1,330,000

Adjusted to this home

$1,649,199

What we added and subtracted to make this sale comparable to 5 Nisbet Place
Street	this home 0.15 · comparable 0.005	+$142,009
Condition	this home 9 · comparable 7	+$122,422
Car spaces	this home 2 · comparable 4	−$99,158
Pool	this home 1 · comparable 0	+$47,864
Floor area	this home 207 m² · comparable 181.6 m²	+$37,408
Bathrooms	this home 3 · comparable 2	+$36,818
Land size	this home 630 m² · comparable 487 m²	+$20,113
Cladding	this home 3 · comparable 2	+$13,254
Year built	this home 1994 · comparable 2002	−$12,030
Micro-location	this home 0.0523 · comparable 0.0405	+$11,557
Distance to beach	this home 8.79 km · comparable 7.92 km	−$1,058
Net adjustment		+$319,199

A further 7 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 Nisbet Place 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 Nisbet Place 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

5 Nisbet Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

34 Merridown Drive

12 Macallan Street

2 Mull Court

32 Merridown Drive

18 Nisbet Place

14 Griffon Street

4 Scotia Place

5 Felix Court

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

Your home

See your home the way a buyer does

15 Red Ash Court

24 Merridown Drive

12 Murrayfield Place

6 Dunedin Close

60 Petherbridge Avenue

6 Nicklaus Court

7 Sunnybrae Close

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields