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 · 0.02 km away

Sold for

$1,330,000

Adjusted to this home

$1,108,857

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 131 m² · comparable 181.6 m²	−$80,960
Bedrooms	this home 3 · comparable 4	−$63,461
Street	this home 0.0329 · comparable 0.005	+$29,686
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 400 m² · comparable 487 m²	−$13,294
Year built	this home 2000 · comparable 2002	−$3,267
Micro-location	this home 0.0435 · comparable 0.0405	+$3,192
Distance to beach	this home 7.9 km · comparable 7.92 km	+$287
Net adjustment		−$221,143

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

13 Willunga Place

Sold 1 December 2025 · 0.92 km away

Sold for

$1,080,000

Adjusted to this home

$1,140,085

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Condition	this home 7 · comparable 9	−$108,000
Street	this home 0.0329 · comparable -0.0392	+$62,294
Car spaces	this home 2 · comparable 1	+$53,863
Micro-location	this home 0.0435 · comparable -0.0052	+$42,077
Floor area	this home 131 m² · comparable 140 m²	−$14,400
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 2000 · comparable 1993	+$11,435
Land size	this home 400 m² · comparable 418 m²	−$2,750
Distance to beach	this home 7.9 km · comparable 8.66 km	+$1,166
Net adjustment		+$60,085

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

14 Griffon Street

Sold 10 March 2026 · 0.36 km away

Sold for

$1,218,000

Adjusted to this home

$1,218,566

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Floor area	this home 131 m² · comparable 180 m²	−$78,400
Condition	this home 7 · comparable 6	+$48,720
Micro-location	this home 0.0435 · comparable 0.0274	+$15,688
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 400 m² · comparable 411 m²	−$1,681
Year built	this home 2000 · comparable 1999	+$1,634
Distance to beach	this home 7.9 km · comparable 7.96 km	+$790
Street	this home 0.0329 · comparable 0.0335	−$585
Net adjustment		+$566

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

18 Nisbet Place

Sold 14 January 2026 · 0.83 km away

Sold for

$1,215,000

Adjusted to this home

$1,085,212

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Street	this home 0.0329 · comparable 0.15	−$113,821
Land size	this home 400 m² · comparable 858 m²	−$69,982
Floor area	this home 131 m² · comparable 110.21 m²	+$33,264
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 2000 · comparable 1994	+$9,802
Micro-location	this home 0.0435 · comparable 0.0484	−$4,763
Distance to beach	this home 7.9 km · comparable 8.73 km	+$1,312
Net adjustment		−$129,788

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

73 Kingarry Circuit

Sold 25 March 2026 · 0.78 km away

Sold for

$1,245,000

Adjusted to this home

$1,127,810

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Car spaces	this home 2 · comparable 4	−$107,726
Street	this home 0.0329 · comparable -0.0298	+$62,450
Pool	this home 0 · comparable 1	−$52,000
Condition	this home 7 · comparable 8	−$49,800
Micro-location	this home 0.0435 · comparable 0.0155	+$27,888
Land size	this home 400 m² · comparable 508 m²	−$16,502
Floor area	this home 131 m² · comparable 121 m²	+$16,000
Year built	this home 2000 · comparable 1996	+$6,534
Distance to beach	this home 7.9 km · comparable 7.6 km	−$4,034
Net adjustment		−$117,190

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

3 Fairbank Court

Sold 7 August 2026 · 0.68 km away

Sold for

$1,055,000

Adjusted to this home

$1,188,669

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Street	this home 0.0329 · comparable -0.0568	+$75,707
Condition	this home 7 · comparable 6	+$42,200
Land size	this home 400 m² · comparable 331 m²	+$10,543
Floor area	this home 131 m² · comparable 126 m²	+$8,000
Distance to beach	this home 7.9 km · comparable 7.52 km	−$4,330
Year built	this home 2000 · comparable 1999	+$1,634
Micro-location	this home 0.0435 · comparable 0.0436	−$85
Net adjustment		+$133,669

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

34 Merridown Drive

Sold 6 July 2026 · 1.35 km away

Sold for

$1,425,000

Adjusted to this home

$1,083,002

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Car spaces	this home 2 · comparable 6	−$136,122
Street	this home 0.0329 · comparable 0.1323	−$71,593
Micro-location	this home 0.0435 · comparable 0.1211	−$55,891
Bedrooms	this home 3 · comparable 4	−$40,094
Condition	this home 7 · comparable 6	+$36,013
Pool	this home 0 · comparable 1	−$32,854
Land size	this home 400 m² · comparable 737 m²	−$32,534
Floor area	this home 131 m² · comparable 160 m²	−$29,315
Year built	this home 2000 · comparable 1990	+$10,321
Cladding	this home 3 · comparable 2	+$9,098
Distance to beach	this home 7.9 km · comparable 9.25 km	+$973
Net adjustment		−$341,998

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

12 Macallan Street

Sold 23 March 2026 · 1.21 km away

Sold for

$1,440,000

Adjusted to this home

$1,094,402

What we added and subtracted to make this sale comparable to 54 Inwood Circuit
Floor area	this home 131 m² · comparable 251 m²	−$94,886
Car spaces	this home 2 · comparable 5	−$79,857
Street	this home 0.0329 · comparable 0.15	−$66,666
Micro-location	this home 0.0435 · comparable 0.1113	−$38,599
Bedrooms	this home 3 · comparable 4	−$31,362
Pool	this home 0 · comparable 1	−$25,698
Land size	this home 400 m² · comparable 735 m²	−$25,297
Year built	this home 2000 · comparable 1989	+$8,881
Cladding	this home 3 · comparable 2	+$7,117
Distance to beach	this home 7.9 km · comparable 9.11 km	+$769
Net adjustment		−$345,598

A further 8 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 54 Inwood Circuit 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 54 Inwood Circuit 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