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.

2 Mull Court

Sold 25 January 2026 · 0.40 km away

Sold for

$1,310,000

Adjusted to this home

$1,366,152

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Micro-location	this home 0.1066 · comparable 0.0567	+$52,295
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Land size	this home 659 m² · comparable 763 m²	−$15,891
Floor area	this home 165 m² · comparable 160 m²	+$8,000
Street	this home 0.1323 · comparable 0.1341	−$1,886
Year built	this home 1991 · comparable 1990	+$1,634
Net adjustment		+$56,152

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

5 Felix Court

Sold 27 April 2026 · 1.11 km away

Sold for

$1,330,000

Adjusted to this home

$1,435,054

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Street	this home 0.1323 · comparable 0.005	+$135,447
Car spaces	this home 2 · comparable 4	−$107,726
Micro-location	this home 0.1066 · comparable 0.0405	+$70,330
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Floor area	this home 165 m² · comparable 181.6 m²	−$26,560
Land size	this home 659 m² · comparable 487 m²	+$26,282
Year built	this home 1991 · comparable 2002	−$17,970
Cladding	this home 3 · comparable 2	+$14,400
Distance to beach	this home 9.03 km · comparable 7.92 km	−$1,149
Net adjustment		+$105,054

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

34 Merridown Drive

Sold 6 July 2026 · 0.26 km away

Sold for

$1,425,000

Adjusted to this home

$1,222,133

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Car spaces	this home 2 · comparable 6	−$215,453
Condition	this home 7 · comparable 6	+$57,000
Bathrooms	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.1066 · comparable 0.1211	−$16,530
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 659 m² · comparable 737 m²	−$11,918
Floor area	this home 165 m² · comparable 160 m²	+$8,000
Year built	this home 1991 · comparable 1990	+$1,634
Net adjustment		−$202,867

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

32 Merridown Drive

Sold 30 October 2025 · 0.26 km away

Sold for

$1,335,000

Adjusted to this home

$1,251,990

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Condition	this home 7 · comparable 8	−$53,400
Bathrooms	this home 1 · comparable 2	−$40,000
Floor area	this home 165 m² · comparable 150.13 m²	+$23,792
Micro-location	this home 0.1066 · comparable 0.1209	−$15,272
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 659 m² · comparable 741 m²	−$12,530
Net adjustment		−$83,010

A further 12 factors were compared and found the same on both properties, so no money moved.

15 TORRIDON CL

Sold 11 February 2026 · 0.29 km away

Sold for

$1,435,000

Adjusted to this home

$1,517,475

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Condition	this home 7 · comparable 9	−$143,500
Floor area	this home 165 m² · comparable 100.07 m²	+$103,888
Street	this home 0.1323 · comparable 0.0753	+$65,436
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.1066 · comparable 0.0739	+$37,539
Cladding	this home 3 · comparable 2	+$14,400
Land size	this home 659 m² · comparable 696 m²	−$5,654
Year built	this home 1991 · comparable 1992	−$1,634
Net adjustment		+$82,475

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

18 Nisbet Place

Sold 14 January 2026 · 0.35 km away

Sold for

$1,215,000

Adjusted to this home

$1,396,582

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Floor area	this home 165 m² · comparable 110.21 m²	+$87,664
Bedrooms	this home 4 · comparable 3	+$63,461
Micro-location	this home 0.1066 · comparable 0.0484	+$56,570
Pool	this home 1 · comparable 0	+$52,000
Bathrooms	this home 1 · comparable 2	−$40,000
Land size	this home 659 m² · comparable 858 m²	−$30,407
Street	this home 0.1323 · comparable 0.15	−$17,205
Cladding	this home 3 · comparable 2	+$14,400
Year built	this home 1991 · comparable 1994	−$4,901
Net adjustment		+$181,582

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

4 Scotia Place

Sold 12 May 2026 · 0.93 km away

Sold for

$1,085,000

Adjusted to this home

$1,345,401

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Street	this home 0.1323 · comparable -0.0364	+$73,545
Micro-location	this home 0.1066 · comparable -0.0195	+$54,973
Floor area	this home 165 m² · comparable 112 m²	+$42,590
Bedrooms	this home 4 · comparable 3	+$31,873
Car spaces	this home 2 · comparable 1	+$27,053
Pool	this home 1 · comparable 0	+$26,117
Bathrooms	this home 1 · comparable 2	−$20,090
Land size	this home 659 m² · comparable 404 m²	+$19,570
Cladding	this home 3 · comparable 2	+$7,232
Year built	this home 1991 · comparable 1994	−$2,462
Net adjustment		+$260,401

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

3 Fairbank Court

Sold 7 August 2026 · 1.64 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,200

What we added and subtracted to make this sale comparable to 59 Merridown Drive
Street	this home 0.1323 · comparable -0.0568	+$95,215
Bedrooms	this home 4 · comparable 3	+$37,860
Floor area	this home 165 m² · comparable 126 m²	+$37,227
Micro-location	this home 0.1066 · comparable 0.0436	+$31,722
Pool	this home 1 · comparable 0	+$31,022
Land size	this home 659 m² · comparable 331 m²	+$29,900
Condition	this home 7 · comparable 6	+$25,176
Bathrooms	this home 1 · comparable 2	−$23,863
Year built	this home 1991 · comparable 1999	−$7,797
Distance to beach	this home 9.03 km · comparable 7.52 km	−$3,262
Net adjustment		+$253,200

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 59 Merridown Drive 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 59 Merridown Drive 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

59 Merridown Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

2 Mull Court

5 Felix Court

34 Merridown Drive

32 Merridown Drive

15 TORRIDON CL

18 Nisbet Place

4 Scotia Place

3 Fairbank Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 59 Merridown Drive sit?

Your home

See your home the way a buyer does

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