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Private property report · Updated Monday 19 October 2026
Aerial view of 1/48 Majorca Crescent, Varsity Lakes, QLD 4227
1/48 Majorca Crescent, Varsity Lakes, QLD 4227
A living map — drive times, sold comps & your commute

1/48 Majorca Crescent

Varsity Lakes, QLD
200 m² land3 bedrooms2 bathrooms107 m² floor

Last recorded sale: $225,000 in February 2003.

Units & townhouses for sale nearby

8 nearbyVarsity Lakes first, nearest first
3/38 Majorca Crescent, Varsity Lakes, QLD 4227
3 · 2 · 2
Must Sell
140 m away
1611/397 Christine Avenue, Varsity Lakes, QLD 4227
2 · 2 · 2
Offer Above $1,200,000
150 m away
3110/397 Christine Avenue, Varsity Lakes, QLD 4227
2 · 1 · 1
All Offers Welcome
150 m away
1209/397 Christine Avenue, Varsity Lakes, QLD 4227
2 · 2 · 1
$995,000+ View By Appointment
150 m away
3309/397 Christine Avenue, Varsity Lakes, QLD 4227
2 · 2 · 1
Offers Over $779,000
150 m away
3021/397 Christine Avenue, Varsity Lakes, QLD 4227
3 · 2 · 2
$1,379,000 Negotiable
150 m away
1318/397 Christine Avenue, Varsity Lakes, QLD 4227
2 · 2 · 1
Vacant Possession - Offers Above $839,000
150 m away
2214/397 Christine Avenue, Varsity Lakes, QLD 4227
2 · 2 · 1
Offers Above $819,000
150 m away

New listings & latest sales

3 listed in the last 7 days · 3 latest salesin Varsity Lakes or within 3 km
Just listed
52/17 Great Southern Drive, Robina, QLD 4226
3 · 2 · 2
Expressions Of Interest
Listed 2d ago · 1.7 km away
Sold
11/5 Greenlands Drive, Varsity Lakes, QLD 4227
3 · 1
$930,000
Sold Oct 2026 · 1.5 km away
Just listed
17/21 Regensberg Cl, Varsity Lakes, QLD 4227
3 · 2 · 3
Offers above $995,000
Listed 4d ago · 790 m away
Sold
160/251 Varsity Parade, Varsity Lakes, QLD 4227
2 · 2
$1,000,000
Sold Oct 2026 · 1.8 km away
Just listed
4/28 Gerona Cct, Varsity Lakes, QLD 4227
3 · 2 · 2
Offers Closing 28 October
Listed 5d ago · 710 m away
Sold
10/10 Valbonne Avenue, Varsity Lakes, QLD 4227
3 · 2
$1,100,000
Sold Oct 2026 · 490 m away

Where your competition sits

8 competing units & townhouses nearby

Your valuation

Comparable range

$1,026,360 – $1,285,263

5 adjusted comparable sales · 5 verified · 5 of 15 candidate sales verified · band ±11.2% measured on 581 sales

The 5 sales behind that range — and every adjustment

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.

1/9 Magenta Drive

Sold 19 May 2026 · 0.87 km away

Sold for

$1,092,000

Adjusted to this home

$1,029,691

3/28 Palma Crescent

Sold 2 July 2026 · 0.80 km away

Sold for

$999,500

Adjusted to this home

$914,037

3/119 Bayswater Avenue

Sold 3 March 2026 · 0.10 km away

Sold for

$1,300,000

Adjusted to this home

$1,051,322

2/6 Comore Drive

Sold 12 February 2026 · 0.64 km away

Sold for

$1,275,000

Adjusted to this home

$1,045,621

6/13 Ranier Crescent

Sold 25 January 2026 · 0.75 km away

Sold for

$1,250,000

Adjusted to this home

$1,033,802

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
“Prices are holding for now, but we need to be watching inflation, household spending, and wage growth as leading indicators of where the market moves next.”
Will SimpsonFields Real Estate
Your market update

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 1/48 Majorca 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 1/48 Majorca Crescent over the past 18 months, compared it with Varsity Lakes’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports
Varsity Lakes

Should I Sell Now?

Absorption Rate: 2.2 months

Varsity Lakes

Is Now a Good Time to Buy?

12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)

Varsity Lakes

Crash Risk

12-Month Median Price (Varsity Lakes): $1,400,000 (90% CI $1,357,500–$1,445,000, n=130)

Varsity Lakes

Market Overview

12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)

Varsity Lakes

Houses vs Units

Asking Price Spread, Houses Vs Units: $521,294 ($1,442,508 houses vs $921,214 units, as at 2026-09-25)

Varsity Lakes

Market Direction

12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)

Varsity Lakes

Suburb Comparison

12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)

Your home

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My downloads

Reports for this address
Valuation Report cover

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 cover

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

If you sold today

The market your home would enter in Varsity Lakes.

See how Varsity Lakes is moving right now.

See the Varsity Lakes property market →