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 · 0.86 km away

Sold for

$1,330,000

Adjusted to this home

$1,253,007

What we added and subtracted to make this sale comparable to 5 Penda Court
Micro-location	this home -0.0391 · comparable 0.0405	−$84,694
Land size	this home 965 m² · comparable 487 m²	+$73,038
Car spaces	this home 3 · comparable 4	−$53,863
Floor area	this home 168 m² · comparable 181.6 m²	−$21,760
Year built	this home 2009 · comparable 2002	+$11,435
Distance to beach	this home 8.47 km · comparable 7.92 km	−$1,149
Net adjustment		−$76,993

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

73 Kingarry Circuit

Sold 25 March 2026 · 0.87 km away

Sold for

$1,245,000

Adjusted to this home

$1,244,905

What we added and subtracted to make this sale comparable to 5 Penda Court
Floor area	this home 168 m² · comparable 121 m²	+$75,200
Land size	this home 965 m² · comparable 508 m²	+$69,830
Bedrooms	this home 4 · comparable 3	+$63,461
Micro-location	this home -0.0391 · comparable 0.0155	−$54,382
Car spaces	this home 3 · comparable 4	−$53,863
Pool	this home 0 · comparable 1	−$52,000
Condition	this home 7 · comparable 8	−$49,800
Year built	this home 2009 · comparable 1996	+$21,237
Cladding	this home 2 · comparable 3	−$14,400
Distance to beach	this home 8.47 km · comparable 7.6 km	−$5,378
Net adjustment		−$95

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

2 Mull Court

Sold 25 January 2026 · 0.66 km away

Sold for

$1,310,000

Adjusted to this home

$1,323,769

What we added and subtracted to make this sale comparable to 5 Penda Court
Micro-location	this home -0.0391 · comparable 0.0567	−$100,398
Car spaces	this home 3 · comparable 2	+$53,863
Year built	this home 2009 · comparable 1990	+$31,038
Land size	this home 965 m² · comparable 763 m²	+$30,866
Cladding	this home 2 · comparable 3	−$14,400
Floor area	this home 168 m² · comparable 160 m²	+$12,800
Net adjustment		+$13,769

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

15 TORRIDON CL

Sold 11 February 2026 · 0.86 km away

Sold for

$1,435,000

Adjusted to this home

$1,393,201

What we added and subtracted to make this sale comparable to 5 Penda Court
Condition	this home 7 · comparable 9	−$143,500
Micro-location	this home -0.0391 · comparable 0.0739	−$129,724
Floor area	this home 168 m² · comparable 100.07 m²	+$108,688
Car spaces	this home 3 · comparable 2	+$53,863
Land size	this home 965 m² · comparable 696 m²	+$41,103
Year built	this home 2009 · comparable 1992	+$27,771
Net adjustment		−$41,799

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

32 Merridown Drive

Sold 30 October 2025 · 0.96 km away

Sold for

$1,335,000

Adjusted to this home

$1,204,807

What we added and subtracted to make this sale comparable to 5 Penda Court
Micro-location	this home -0.0391 · comparable 0.1209	−$170,880
Car spaces	this home 3 · comparable 2	+$53,863
Condition	this home 7 · comparable 8	−$53,400
Pool	this home 0 · comparable 1	−$52,000
Land size	this home 965 m² · comparable 741 m²	+$34,227
Year built	this home 2009 · comparable 1991	+$29,405
Floor area	this home 168 m² · comparable 150.13 m²	+$28,592
Net adjustment		−$130,193

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

34 Merridown Drive

Sold 6 July 2026 · 0.98 km away

Sold for

$1,425,000

Adjusted to this home

$1,164,458

What we added and subtracted to make this sale comparable to 5 Penda Court
Micro-location	this home -0.0391 · comparable 0.1211	−$182,628
Car spaces	this home 3 · comparable 6	−$161,590
Condition	this home 7 · comparable 6	+$57,000
Pool	this home 0 · comparable 1	−$52,000
Land size	this home 965 m² · comparable 737 m²	+$34,838
Year built	this home 2009 · comparable 1990	+$31,038
Floor area	this home 168 m² · comparable 160 m²	+$12,800
Net adjustment		−$260,542

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

13 Willunga Place

Sold 1 December 2025 · 0.24 km away

Sold for

$1,080,000

Adjusted to this home

$1,268,417

What we added and subtracted to make this sale comparable to 5 Penda Court
Condition	this home 7 · comparable 9	−$108,000
Car spaces	this home 3 · comparable 1	+$107,726
Land size	this home 965 m² · comparable 418 m²	+$83,582
Bedrooms	this home 4 · comparable 3	+$63,461
Floor area	this home 168 m² · comparable 140 m²	+$44,800
Micro-location	this home -0.0391 · comparable -0.0052	−$29,290
Year built	this home 2009 · comparable 1993	+$26,138
Net adjustment		+$188,417

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

3 Cabot Court

Sold 20 April 2026 · 0.55 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 5 Penda Court
Floor area	this home 168 m² · comparable 93 m²	+$75,267
Car spaces	this home 3 · comparable 1	+$67,569
Land size	this home 965 m² · comparable 400 m²	+$54,150
Micro-location	this home -0.0391 · comparable 0.0433	−$41,346
Bedrooms	this home 4 · comparable 3	+$39,804
Bathrooms	this home 2 · comparable 1	+$25,089
Year built	this home 2009 · comparable 1990	+$19,468
Net adjustment		+$240,001

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 Penda 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 Penda Court over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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 Penda Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

5 Felix Court

73 Kingarry Circuit

2 Mull Court

15 TORRIDON CL

32 Merridown Drive

34 Merridown Drive

13 Willunga Place

3 Cabot Court

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

Your home

See your home the way a buyer does

703 Glades Drive

919 Medinah Avenue

15 Red Ash Court

24 Merridown Drive

12 Murrayfield Place

6 Dunedin Close

60 Petherbridge Avenue

6 Nicklaus Court

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields