Valuation Qs - property next to you will have more impact than one further?

Curious question. Would a comparable unit next/ below have more impact on your unit valuation compared to the one in the next suburb?

Similar suburbs - easy access to transport and shopping centre.

Let's say the last month sales data looks like this (all relatively new build)

  • Unit below you 1 bed 1 study $700K
  • Unit building next to you 1 bed 1 study $680K
  • Another unit below you 1 bed only $550K
  • Next suburb Unit higher level 1 bed 1 study 630K
  • Next suburb Unit lower level 1 bed 1 study 615K
  • Next suburb Unit lower level 1 bed $575K

Would the units within the complex set a higher valuation?
 
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