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.

4 Yerrecoin Place

Sold 1 September 2026 · 0.75 km away

Sold for

$1,500,000

Adjusted to this home

$1,491,709

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Floor area	this home 125 m² · comparable 193 m²	−$163,200
Condition	this home 8 · comparable 7	+$60,000
Micro-location	this home -0.0055 · comparable -0.0533	+$57,360
Land size	this home 482 m² · comparable 762 m²	−$30,016
Year built	this home 1997 · comparable 1990	+$29,075
Cladding	this home 3 · comparable 2	+$24,000
Distance to beach	this home 1.9 km · comparable 2.37 km	+$14,490
Net adjustment		−$8,291

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

117 Honeyeater Drive

Sold 12 August 2026 · 0.28 km away

Sold for

$1,530,000

Adjusted to this home

$1,446,549

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Bedrooms	this home 3 · comparable 4	−$142,611
Floor area	this home 125 m² · comparable 153 m²	−$67,200
Condition	this home 8 · comparable 7	+$61,200
Cladding	this home 3 · comparable 2	+$24,000
Year built	this home 1997 · comparable 1993	+$16,614
Distance to beach	this home 1.9 km · comparable 2.18 km	+$9,547
Micro-location	this home -0.0055 · comparable -0.0132	+$9,425
Land size	this home 482 m² · comparable 430 m²	+$5,574
Net adjustment		−$83,451

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

31 Galeen Drive

Sold 31 August 2026 · 0.45 km away

Sold for

$1,320,000

Adjusted to this home

$1,405,304

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Condition	this home 8 · comparable 6	+$105,600
Micro-location	this home -0.0055 · comparable 0.039	−$46,992
Cladding	this home 3 · comparable 2	+$24,000
Floor area	this home 125 m² · comparable 132.39 m²	−$17,736
Pool	this home 1 · comparable 0	+$13,428
Land size	this home 482 m² · comparable 400 m²	+$8,790
Distance to beach	this home 1.9 km · comparable 1.75 km	−$5,940
Year built	this home 1997 · comparable 1996	+$4,154
Net adjustment		+$85,304

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

13 Palmwood Court

Sold 2.02 km away

Sold for

$1,650,000

Adjusted to this home

$1,473,716

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Floor area	this home 125 m² · comparable 185 m²	−$144,000
Bedrooms	this home 3 · comparable 4	−$142,611
Year built	this home 1997 · comparable 1984	+$53,997
Micro-location	this home -0.0055 · comparable -0.0435	+$50,160
Distance to beach	this home 1.9 km · comparable 3.16 km	+$39,402
Land size	this home 482 m² · comparable 792 m²	−$33,232
Net adjustment		−$176,284

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

120 Christine Avenue

Sold 6 August 2026 · 0.77 km away

Sold for

$1,300,000

Adjusted to this home

$1,306,467

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Year built	this home 1997 · comparable 1987	+$41,536
Micro-location	this home -0.0055 · comparable 0.0338	−$40,872
Cladding	this home 3 · comparable 2	+$24,000
Land size	this home 482 m² · comparable 648 m²	−$17,795
Pool	this home 1 · comparable 0	+$13,428
Floor area	this home 125 m² · comparable 128 m²	−$7,200
Distance to beach	this home 1.9 km · comparable 1.73 km	−$6,630
Net adjustment		+$6,467

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

6 Thornbill Place

Sold 11 July 2026 · 0.26 km away

Sold for

$1,410,000

Adjusted to this home

$1,339,168

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Bedrooms	this home 3 · comparable 4	−$142,611
Condition	this home 8 · comparable 7	+$56,400
Year built	this home 1997 · comparable 1993	+$16,614
Car spaces	this home 2 · comparable 4	−$16,325
Distance to beach	this home 1.9 km · comparable 2.15 km	+$8,037
Micro-location	this home -0.0055 · comparable -0.0125	+$7,896
Floor area	this home 125 m² · comparable 126.87 m²	−$4,488
Land size	this home 482 m² · comparable 448 m²	+$3,645
Net adjustment		−$70,832

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

6 Wedgebill Parade

Sold 1.84 km away

Sold for

$1,795,000

Adjusted to this home

$1,547,066

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Bedrooms	this home 3 · comparable 4	−$142,611
Micro-location	this home -0.0055 · comparable 0.0883	−$134,697
Floor area	this home 125 m² · comparable 165.7 m²	−$97,680
Condition	this home 8 · comparable 7	+$71,800
Year built	this home 1997 · comparable 1990	+$29,075
Cladding	this home 3 · comparable 2	+$24,000
Pool	this home 1 · comparable 0	+$13,428
Land size	this home 482 m² · comparable 602 m²	−$12,864
Distance to beach	this home 1.9 km · comparable 1.93 km	+$1,615
Net adjustment		−$247,934

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

16 Manakin Avenue

Sold 31 August 2026 · 0.19 km away

Sold for

$1,900,000

Adjusted to this home

$1,576,935

What we added and subtracted to make this sale comparable to 1 Sparrow Place
Bedrooms	this home 3 · comparable 4	−$142,611
Condition	this home 8 · comparable 9	−$114,000
Floor area	this home 125 m² · comparable 156.04 m²	−$74,496
Year built	this home 1997 · comparable 1982	+$62,304
Land size	this home 482 m² · comparable 812 m²	−$35,376
Distance to beach	this home 1.9 km · comparable 1.71 km	−$10,830
Micro-location	this home -0.0055 · comparable -0.0002	−$8,056
Net adjustment		−$323,065

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 Sparrow 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 Sparrow 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

37 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 Sparrow Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Yerrecoin Place

117 Honeyeater Drive

31 Galeen Drive

13 Palmwood Court

120 Christine Avenue

6 Thornbill Place

6 Wedgebill Parade

16 Manakin Avenue

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