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.

7 Razorbill Street

Sold 2 July 2026 · 0.77 km away

Sold for

$1,515,700

Adjusted to this home

$1,585,914

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Floor area	this home 110 m² · comparable 136 m²	−$117,250
Bedrooms	this home 3 · comparable 4	−$100,000
Micro-location	this home 0.1404 · comparable 0.0675	+$88,396
Pool	this home 1 · comparable 0	+$72,000
Condition	this home 7 · comparable 6	+$60,628
Car spaces	this home 3 · comparable 2	+$36,000
Land size	this home 802 m² · comparable 604 m²	+$17,107
Distance to beach	this home 1.71 km · comparable 1.89 km	+$8,185
Year built	this home 1985 · comparable 1982	+$5,148
Net adjustment		+$70,214

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

6 Wedgebill Parade

Sold 0.22 km away

Sold for

$1,795,000

Adjusted to this home

$1,647,178

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Floor area	this home 110 m² · comparable 165.7 m²	−$251,185
Bedrooms	this home 3 · comparable 4	−$100,000
Micro-location	this home 0.1404 · comparable 0.0883	+$74,816
Pool	this home 1 · comparable 0	+$72,000
Car spaces	this home 3 · comparable 2	+$36,000
Land size	this home 802 m² · comparable 602 m²	+$17,280
Distance to beach	this home 1.71 km · comparable 1.93 km	+$11,847
Year built	this home 1985 · comparable 1990	−$8,580
Net adjustment		−$147,822

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

20 Tropicana Circuit

Sold 18 June 2026 · 0.44 km away

Sold for

$1,780,000

Adjusted to this home

$1,575,121

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Floor area	this home 110 m² · comparable 188.63 m²	−$354,590
Micro-location	this home 0.1404 · comparable 0.0328	+$153,222
Bedrooms	this home 3 · comparable 4	−$100,000
Condition	this home 7 · comparable 6	+$71,200
Car spaces	this home 3 · comparable 2	+$36,000
Year built	this home 1985 · comparable 1999	−$24,024
Cladding	this home 2 · comparable 3	−$24,000
Distance to beach	this home 1.71 km · comparable 2.15 km	+$20,292
Land size	this home 802 m² · comparable 605 m²	+$17,021
Net adjustment		−$204,879

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

5 Prinia Place

Sold 24 October 2025 · 0.48 km away

Sold for

$1,530,000

Adjusted to this home

$1,575,441

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Micro-location	this home 0.1404 · comparable 0.0863	+$66,218
Condition	this home 7 · comparable 8	−$61,200
Car spaces	this home 3 · comparable 2	+$36,000
Land size	this home 802 m² · comparable 419 m²	+$33,091
Cladding	this home 2 · comparable 3	−$24,000
Distance to beach	this home 1.71 km · comparable 1.97 km	+$11,934
Floor area	this home 110 m² · comparable 112.54 m²	−$11,454
Year built	this home 1985 · comparable 1988	−$5,148
Net adjustment		+$45,441

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

132 Harrier Drive

Sold 16 May 2026 · 0.53 km away

Sold for

$1,441,500

Adjusted to this home

$1,393,991

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Floor area	this home 110 m² · comparable 172 m²	−$279,595
Micro-location	this home 0.1404 · comparable 0.04	+$115,782
Pool	this home 1 · comparable 0	+$72,000
Car spaces	this home 3 · comparable 2	+$36,000
Land size	this home 802 m² · comparable 407 m²	+$34,128
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1985 · comparable 1997	−$20,592
Distance to beach	this home 1.71 km · comparable 2.24 km	+$18,768
Net adjustment		−$47,509

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

21A Dunlin Drive

Sold 27 February 2026 · 0.18 km away

Sold for

$1,610,000

Adjusted to this home

$1,491,649

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Condition	this home 7 · comparable 8	−$64,400
Floor area	this home 110 m² · comparable 121 m²	−$49,606
Micro-location	this home 0.1404 · comparable 0.1078	+$41,989
Car spaces	this home 3 · comparable 4	−$36,000
Cladding	this home 2 · comparable 3	−$24,000
Distance to beach	this home 1.71 km · comparable 1.88 km	+$8,211
Land size	this home 802 m² · comparable 719 m²	+$7,171
Year built	this home 1985 · comparable 1986	−$1,716
Net adjustment		−$118,351

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

13 Palmwood Court

Sold 1.45 km away

Sold for

$1,650,000

Adjusted to this home

$1,451,915

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Floor area	this home 110 m² · comparable 185 m²	−$338,220
Micro-location	this home 0.1404 · comparable -0.0435	+$242,748
Bedrooms	this home 3 · comparable 4	−$100,000
Condition	this home 7 · comparable 8	−$66,000
Distance to beach	this home 1.71 km · comparable 3.16 km	+$48,807
Car spaces	this home 3 · comparable 2	+$36,000
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1985 · comparable 1984	+$1,716
Land size	this home 802 m² · comparable 792 m²	+$864
Net adjustment		−$198,085

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

10 Stingray Crescent

Sold 29 May 2026 · 0.72 km away

Sold for

$1,650,000

Adjusted to this home

$1,474,503

What we added and subtracted to make this sale comparable to 1 Parakeet Place
Floor area	this home 110 m² · comparable 140.31 m²	−$136,686
Micro-location	this home 0.1404 · comparable 0.0622	+$103,224
Bedrooms	this home 3 · comparable 4	−$100,000
Car spaces	this home 3 · comparable 4	−$36,000
Land size	this home 802 m² · comparable 439 m²	+$31,363
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1985 · comparable 1998	−$22,308
Distance to beach	this home 1.71 km · comparable 1.89 km	+$8,910
Net adjustment		−$175,497

A further 9 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 Parakeet 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 1 Parakeet Place over the past 18 months, compared it with Burleigh Waters’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports

Burleigh Waters

Should I Sell Now?

Absorption Rate: 3.3 months

Burleigh Waters

Is Now a Good Time to Buy?

12-Month Median Price: $1,917,500 (interval $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Crash Risk

Queensland Household Spending: $22.3 billion, trending up

Burleigh Waters

Market Overview

12-Month Median Price: $1,917,500 (90% CI $1,850,277 to $1,965,000; n=216)

Burleigh Waters

Houses vs Units

Asking Price, Houses Vs Units (25 September 2026): $1,970,761 vs $1,178,936 (spread $791,824)

Burleigh Waters

Market Direction

12-Month Median Price (Fields Data): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Suburb Comparison

12-Month Median Price (Burleigh Waters): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

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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

13 houses are already on the market in Burleigh Waters.

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

See houses for sale in Burleigh Waters →See the Burleigh Waters property market →

1 Parakeet Place

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Your valuation

The 8 sales behind that range — and every adjustment