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.

13 Willunga Place

Sold 1 December 2025 · 0.32 km away

Sold for

$1,080,000

Adjusted to this home

$1,156,337

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Street	this home 0.15 · comparable -0.0392	+$163,469
Condition	this home 6 · comparable 9	−$151,200
Micro-location	this home 0.051 · comparable -0.0052	+$48,557
Land size	this home 624 m² · comparable 418 m²	+$31,477
Floor area	this home 129 m² · comparable 140 m²	−$17,600
Year built	this home 1994 · comparable 1993	+$1,634
Net adjustment		+$76,337

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

18 Nisbet Place

Sold 14 January 2026 · 0.13 km away

Sold for

$1,215,000

Adjusted to this home

$1,109,373

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Car spaces	this home 1 · comparable 2	−$53,863
Condition	this home 6 · comparable 7	−$48,600
Land size	this home 624 m² · comparable 858 m²	−$35,755
Floor area	this home 129 m² · comparable 110.21 m²	+$30,064
Micro-location	this home 0.051 · comparable 0.0484	+$2,527
Net adjustment		−$105,627

A further 13 factors were compared and found the same on both properties, so no money moved.

5 Felix Court

Sold 27 April 2026 · 0.90 km away

Sold for

$1,330,000

Adjusted to this home

$1,139,757

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Car spaces	this home 1 · comparable 4	−$161,590
Street	this home 0.15 · comparable 0.005	+$154,280
Floor area	this home 129 m² · comparable 181.6 m²	−$84,160
Bedrooms	this home 3 · comparable 4	−$63,461
Condition	this home 6 · comparable 7	−$53,200
Land size	this home 624 m² · comparable 487 m²	+$20,934
Year built	this home 1994 · comparable 2002	−$13,069
Micro-location	this home 0.051 · comparable 0.0405	+$11,172
Distance to beach	this home 8.78 km · comparable 7.92 km	−$1,149
Net adjustment		−$190,243

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

73 Kingarry Circuit

Sold 25 March 2026 · 1.29 km away

Sold for

$1,245,000

Adjusted to this home

$1,153,729

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Street	this home 0.15 · comparable -0.0298	+$179,081
Car spaces	this home 1 · comparable 4	−$161,590
Condition	this home 6 · comparable 8	−$99,600
Pool	this home 0 · comparable 1	−$52,000
Micro-location	this home 0.051 · comparable 0.0155	+$35,358
Land size	this home 624 m² · comparable 508 m²	+$17,725
Cladding	this home 2 · comparable 3	−$14,400
Floor area	this home 129 m² · comparable 121 m²	+$12,800
Distance to beach	this home 8.78 km · comparable 7.6 km	−$5,378
Year built	this home 1994 · comparable 1996	−$3,267
Net adjustment		−$91,271

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

14 Griffon Street

Sold 10 March 2026 · 0.83 km away

Sold for

$1,218,000

Adjusted to this home

$1,242,903

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Street	this home 0.15 · comparable 0.0335	+$113,518
Floor area	this home 129 m² · comparable 180 m²	−$81,600
Car spaces	this home 1 · comparable 2	−$53,863
Land size	this home 624 m² · comparable 411 m²	+$32,546
Micro-location	this home 0.051 · comparable 0.0274	+$22,996
Year built	this home 1994 · comparable 1999	−$8,168
Distance to beach	this home 8.78 km · comparable 7.96 km	−$526
Net adjustment		+$24,903

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

2 Mull Court

Sold 25 January 2026 · 0.28 km away

Sold for

$1,310,000

Adjusted to this home

$1,124,660

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Bedrooms	this home 3 · comparable 4	−$63,461
Car spaces	this home 1 · comparable 2	−$53,863
Floor area	this home 129 m² · comparable 160 m²	−$49,600
Land size	this home 624 m² · comparable 763 m²	−$21,239
Street	this home 0.15 · comparable 0.1341	+$16,663
Cladding	this home 2 · comparable 3	−$14,400
Year built	this home 1994 · comparable 1990	+$6,534
Micro-location	this home 0.051 · comparable 0.0567	−$5,974
Net adjustment		−$185,340

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

3 Fairbank Court

Sold 7 August 2026 · 1.31 km away

Sold for

$1,055,000

Adjusted to this home

$1,203,455

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Street	this home 0.15 · comparable -0.0568	+$174,539
Car spaces	this home 1 · comparable 2	−$53,863
Land size	this home 624 m² · comparable 331 m²	+$44,770
Cladding	this home 2 · comparable 3	−$14,400
Year built	this home 1994 · comparable 1999	−$8,168
Micro-location	this home 0.051 · comparable 0.0436	+$6,246
Distance to beach	this home 8.78 km · comparable 7.52 km	−$5,469
Floor area	this home 129 m² · comparable 126 m²	+$4,800
Net adjustment		+$148,455

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

34 Merridown Drive

Sold 6 July 2026 · 0.50 km away

Sold for

$1,425,000

Adjusted to this home

$1,083,001

What we added and subtracted to make this sale comparable to 7 Nisbet Place
Car spaces	this home 1 · comparable 6	−$182,444
Micro-location	this home 0.051 · comparable 0.1211	−$54,136
Bedrooms	this home 3 · comparable 4	−$42,990
Pool	this home 0 · comparable 1	−$35,226
Floor area	this home 129 m² · comparable 160 m²	−$33,601
Street	this home 0.15 · comparable 0.1323	+$13,669
Land size	this home 624 m² · comparable 737 m²	−$11,697
Year built	this home 1994 · comparable 1990	+$4,426
Net adjustment		−$341,999

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 7 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 7 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