📋 The Property Brief — what the evidence shows. You draw the conclusion.
CONSERVATIVE
$1.87M
the calibrated floor
LIKELY FAIR RANGE
$1.87M–$2.38M
around $2.11M mid
STRETCH CAP
$2.38M
$2.76M on the wider 80% band
Confidence: Medium — based on 74 comparable auction sales · model runs ±12% for this configuration · the model's typical miss is ~14% against published results — every hit and miss
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 36 Rumrunner St | 4 bd · 3 ba | $3.6M | Dec 2025 |
| 11 Concourse Dr | 4 bd · 2 ba | $1.81M | July 2025 |
| 47 Barrier Reef Dr | 4 bd · 2 ba | $1.7M | July 2025 |
| 26 Bight Ct | 5 bd · 5 ba | $5.3M | Nov 2025 |
| 45 Markeri St | 5 bd · 3 ba | $5M | Nov 2025 |
| 12 Reef Ct | 3 bd · 2 ba | $2.4M | June 2025 |
Where every number comes from
- Fair value: AI PropertyEye price model 2026-07-09-v3c — trained on 138,399 published auction sales; configuration-level (suburb × type × beds), not an appraisal of this exact home
- Comps: published Domain auction results for Mermaid Waters — suburb × configuration matches, not hyper-matched to this address
🔨 Published auction results at this address
| Auction week | Result | Price | Agency |
|---|---|---|---|
| 25 July 2026 | Passed in | withheld | Ray White Malan + Co - Broadbeach |
From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.
Want the numbers agents don't volunteer?
Check any Sydney suburb free — Market Mint leverage score, live median, clearance trend and the price model — at aipropertyeye.com. No sign-up for the suburb check; the full board is 7 days free.
Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.