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.

6 Pristine Court

Sold 30 June 2026 · 1.13 km away

Sold for

$1,220,000

Adjusted to this home

$1,223,312

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Micro-location	this home 0.0377 · comparable 0.0126	+$24,498
Floor area	this home 114 m² · comparable 143.96 m²	−$23,752
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 403 m² · comparable 426 m²	−$12,880
Distance to beach	this home 4.35 km · comparable 3.68 km	−$12,663
Year built	this home 2001 · comparable 1994	+$8,109
Net adjustment		+$3,312

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

14 Shorehaven Place

Sold 7 April 2026 · 0.54 km away

Sold for

$1,250,000

Adjusted to this home

$1,184,159

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Pool	this home 0 · comparable 1	−$98,118
Land size	this home 403 m² · comparable 329 m²	+$41,440
Floor area	this home 114 m² · comparable 155 m²	−$32,505
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0377 · comparable 0.0245	+$13,200
Distance to beach	this home 4.35 km · comparable 3.87 km	−$8,700
Year built	this home 2001 · comparable 2002	−$1,158
Net adjustment		−$65,841

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

4 Pascali Court

Sold 5 August 2026 · 1.12 km away

Sold for

$1,150,000

Adjusted to this home

$1,115,874

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Pool	this home 0 · comparable 1	−$98,118
Condition	this home 7 · comparable 6	+$46,000
Micro-location	this home 0.0377 · comparable 0.0123	+$23,368
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.35 km · comparable 3.67 km	−$12,144
Land size	this home 403 m² · comparable 423 m²	−$11,200
Floor area	this home 114 m² · comparable 125.33 m²	−$8,982
Year built	this home 2001 · comparable 1995	+$6,950
Net adjustment		−$34,126

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

11 Grenada Court

Sold 12 June 2026 · 1.04 km away

Sold for

$1,350,000

Adjusted to this home

$1,274,990

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Micro-location	this home 0.0377 · comparable 0.1321	−$101,952
Land size	this home 403 m² · comparable 295 m²	+$60,480
Condition	this home 7 · comparable 8	−$54,000
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.35 km · comparable 4.65 km	+$5,346
Floor area	this home 114 m² · comparable 118.7 m²	−$3,726
Year built	this home 2001 · comparable 2002	−$1,158
Net adjustment		−$75,010

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

21 Pascali Court

Sold 4 March 2026 · 1.08 km away

Sold for

$1,300,000

Adjusted to this home

$1,268,752

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Condition	this home 7 · comparable 8	−$52,000
Micro-location	this home 0.0377 · comparable 0.0161	+$22,464
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.35 km · comparable 3.59 km	−$15,600
Year built	this home 2001 · comparable 1995	+$6,950
Land size	this home 403 m² · comparable 415 m²	−$6,720
Floor area	this home 114 m² · comparable 122 m²	−$6,342
Net adjustment		−$31,248

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

11 Magenta Drive

Sold 23 February 2026 · 0.25 km away

Sold for

$1,290,000

Adjusted to this home

$1,308,343

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0377 · comparable 0.0215	+$16,718
Floor area	this home 114 m² · comparable 135 m²	−$16,649
Distance to beach	this home 4.35 km · comparable 4.15 km	−$3,406
Land size	this home 403 m² · comparable 400 m²	+$1,680
Net adjustment		+$18,343

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

31 Roundelay Drive

Sold 30 July 2026 · 1.24 km away

Sold for

$1,380,000

Adjusted to this home

$1,280,604

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Condition	this home 7 · comparable 8	−$55,200
Floor area	this home 114 m² · comparable 151.3 m²	−$29,571
Bedrooms	this home 3 · comparable 4	−$23,940
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.35 km · comparable 3.59 km	−$16,560
Land size	this home 403 m² · comparable 420 m²	−$9,520
Year built	this home 2001 · comparable 1994	+$8,109
Micro-location	this home 0.0377 · comparable 0.0311	+$7,286
Net adjustment		−$99,396

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

28 Pristine Court

Sold 8 October 2026 · 1.12 km away

Sold for

$1,170,000

Adjusted to this home

$1,058,886

What we added and subtracted to make this sale comparable to 1 Mulgrave Crescent
Pool	this home 0 · comparable 1	−$98,118
Floor area	this home 114 m² · comparable 141.71 m²	−$21,969
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.35 km · comparable 3.54 km	−$15,093
Year built	this home 2001 · comparable 1995	+$6,950
Land size	this home 403 m² · comparable 414 m²	−$6,160
Micro-location	this home 0.0377 · comparable 0.0342	+$3,276
Net adjustment		−$111,114

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 1 Mulgrave 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 Mulgrave 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)

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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

If you sold today

16 houses are already on the market in Varsity Lakes.

See the homes buyers can choose from — and the market your home would enter.

See houses for sale in Varsity Lakes →See the Varsity Lakes property market →

1 Mulgrave Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

6 Pristine Court

14 Shorehaven Place

4 Pascali Court

11 Grenada Court

21 Pascali Court

11 Magenta Drive

31 Roundelay Drive

28 Pristine Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 1 Mulgrave Crescent sit?