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 · 0.09 km away

Sold for

$1,330,000

Adjusted to this home

$1,179,094

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Car spaces	this home 2 · comparable 4	−$107,726
Floor area	this home 140 m² · comparable 181.6 m²	−$66,560
Street	this home 0.0259 · comparable 0.005	+$22,238
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 437 m² · comparable 487 m²	−$7,640
Micro-location	this home 0.0363 · comparable 0.0405	−$4,469
Distance to beach	this home 8 km · comparable 7.92 km	−$1,149
Net adjustment		−$150,906

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

18 Nisbet Place

Sold 14 January 2026 · 0.73 km away

Sold for

$1,215,000

Adjusted to this home

$1,156,877

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Street	this home 0.0259 · comparable 0.15	−$120,626
Land size	this home 437 m² · comparable 858 m²	−$64,329
Bedrooms	this home 4 · comparable 3	+$63,461
Floor area	this home 140 m² · comparable 110.21 m²	+$47,664
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 2002 · comparable 1994	+$13,069
Micro-location	this home 0.0363 · comparable 0.0484	−$11,762
Net adjustment		−$58,123

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

73 Kingarry Circuit

Sold 25 March 2026 · 0.81 km away

Sold for

$1,245,000

Adjusted to this home

$1,199,104

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Car spaces	this home 2 · comparable 4	−$107,726
Bedrooms	this home 4 · comparable 3	+$63,461
Street	this home 0.0259 · comparable -0.0298	+$55,477
Pool	this home 0 · comparable 1	−$52,000
Condition	this home 7 · comparable 8	−$49,800
Floor area	this home 140 m² · comparable 121 m²	+$30,400
Micro-location	this home 0.0363 · comparable 0.0155	+$20,717
Land size	this home 437 m² · comparable 508 m²	−$10,849
Year built	this home 2002 · comparable 1996	+$9,802
Distance to beach	this home 8 km · comparable 7.6 km	−$5,378
Net adjustment		−$45,896

A further 8 factors were compared and found the same on both properties, so no money moved.

14 Griffon Street

Sold 10 March 2026 · 0.35 km away

Sold for

$1,218,000

Adjusted to this home

$1,290,195

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Floor area	this home 140 m² · comparable 180 m²	−$64,000
Bedrooms	this home 4 · comparable 3	+$63,461
Condition	this home 7 · comparable 6	+$48,720
Cladding	this home 3 · comparable 2	+$14,400
Micro-location	this home 0.0363 · comparable 0.0274	+$8,672
Street	this home 0.0259 · comparable 0.0335	−$7,406
Year built	this home 2002 · comparable 1999	+$4,901
Land size	this home 437 m² · comparable 411 m²	+$3,973
Distance to beach	this home 8 km · comparable 7.96 km	−$526
Net adjustment		+$72,195

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

13 Willunga Place

Sold 1 December 2025 · 0.83 km away

Sold for

$1,080,000

Adjusted to this home

$1,213,431

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Condition	this home 7 · comparable 9	−$108,000
Bedrooms	this home 4 · comparable 3	+$63,461
Street	this home 0.0259 · comparable -0.0392	+$56,246
Car spaces	this home 2 · comparable 1	+$53,863
Micro-location	this home 0.0363 · comparable -0.0052	+$35,856
Year built	this home 2002 · comparable 1993	+$14,702
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 437 m² · comparable 418 m²	+$2,903
Net adjustment		+$133,431

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

15 TORRIDON CL

Sold 11 February 2026 · 0.77 km away

Sold for

$1,435,000

Adjusted to this home

$1,246,673

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Condition	this home 7 · comparable 9	−$143,500
Floor area	this home 140 m² · comparable 100.07 m²	+$63,888
Street	this home 0.0259 · comparable 0.0753	−$56,711
Micro-location	this home 0.0363 · comparable 0.0739	−$43,165
Land size	this home 437 m² · comparable 696 m²	−$39,575
Year built	this home 2002 · comparable 1992	+$16,336
Cladding	this home 3 · comparable 2	+$14,400
Net adjustment		−$188,327

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

3 Fairbank Court

Sold 7 August 2026 · 0.73 km away

Sold for

$1,055,000

Adjusted to this home

$1,262,326

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Street	this home 0.0259 · comparable -0.0568	+$69,798
Bedrooms	this home 4 · comparable 3	+$63,461
Condition	this home 7 · comparable 6	+$42,200
Floor area	this home 140 m² · comparable 126 m²	+$22,400
Land size	this home 437 m² · comparable 331 m²	+$16,197
Micro-location	this home 0.0363 · comparable 0.0436	−$6,162
Distance to beach	this home 8 km · comparable 7.52 km	−$5,469
Year built	this home 2002 · comparable 1999	+$4,901
Net adjustment		+$207,326

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

34 Merridown Drive

Sold 6 July 2026 · 1.25 km away

Sold for

$1,425,000

Adjusted to this home

$1,082,998

What we added and subtracted to make this sale comparable to 56 Merrilaine Crescent
Car spaces	this home 2 · comparable 6	−$156,027
Street	this home 0.0259 · comparable 0.1323	−$87,840
Micro-location	this home 0.0363 · comparable 0.1211	−$70,008
Condition	this home 7 · comparable 6	+$41,278
Pool	this home 0 · comparable 1	−$37,658
Land size	this home 437 m² · comparable 737 m²	−$33,197
Floor area	this home 140 m² · comparable 160 m²	−$23,174
Year built	this home 2002 · comparable 1990	+$14,196
Cladding	this home 3 · comparable 2	+$10,428
Net adjustment		−$342,002

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.

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 56 Merrilaine Crescent 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 56 Merrilaine Crescent 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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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