Smarter with data.
Last recorded sale: $529,000 in April 2004.
Comparable range
$1,381,337 – $1,747,399
8 adjusted comparable sales · 8 verified · 40 of 48 candidate sales verified · band ±11.7% measured on 202 sales · recomputed 10 October 2026
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.
Sold 26 May 2026 · 0.03 km away
Sold for
$1,410,000
Adjusted to this home
$1,423,948
| Land size | this home 500 m² · comparable 400 m² | +$44,000 |
|---|---|---|
| Cladding | this home 2 · comparable 3 | −$27,914 |
| Floor area | this home 186 m² · comparable 188 m² | −$2,510 |
| Distance to beach | this home 5.01 km · comparable 5.03 km | +$372 |
| Net adjustment | +$13,948 |
A further 14 factors were compared and found the same on both properties, so no money moved.
Sold 5 August 2026 · 1.04 km away
Sold for
$1,515,000
Adjusted to this home
$1,456,387
| Cladding | this home 2 · comparable 4 | −$55,827 |
|---|---|---|
| Car spaces | this home 2 · comparable 4 | −$53,181 |
| Micro-location | this home 0.0943 · comparable 0.0574 | +$44,723 |
| Floor area | this home 186 m² · comparable 151 m² | +$43,932 |
| Land size | this home 500 m² · comparable 570 m² | −$30,800 |
| Distance to beach | this home 5.01 km · comparable 3.98 km | −$20,743 |
| Year built | this home 2003 · comparable 1999 | +$13,283 |
| Net adjustment | −$58,613 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 26 May 2026 · 0.14 km away
Sold for
$1,410,000
Adjusted to this home
$1,475,442
| Pool | this home 1 · comparable 0 | +$99,879 |
|---|---|---|
| Land size | this home 500 m² · comparable 586 m² | −$37,840 |
| Cladding | this home 2 · comparable 3 | −$27,914 |
| Floor area | this home 186 m² · comparable 174 m² | +$15,062 |
| Micro-location | this home 0.0943 · comparable 0.0822 | +$13,649 |
| Distance to beach | this home 5.01 km · comparable 5.15 km | +$2,606 |
| Net adjustment | +$65,442 |
A further 12 factors were compared and found the same on both properties, so no money moved.
Sold 27 March 2026 · 0.14 km away
Sold for
$1,395,000
Adjusted to this home
$1,435,076
| Water views | this home 0 · comparable 1 | −$137,857 |
|---|---|---|
| Pool | this home 1 · comparable 0 | +$99,879 |
| Land size | this home 500 m² · comparable 350 m² | +$66,000 |
| Cladding | this home 2 · comparable 3 | −$27,914 |
| Floor area | this home 186 m² · comparable 172.46 m² | +$16,995 |
| Street | this home 0.0518 · comparable 0.0399 | +$13,280 |
| Micro-location | this home 0.0943 · comparable 0.0871 | +$8,035 |
| Distance to beach | this home 5.01 km · comparable 5.1 km | +$1,658 |
| Net adjustment | +$40,076 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 31 August 2026 · 0.58 km away
Sold for
$1,590,000
Adjusted to this home
$1,423,619
| Pool | this home 1 · comparable 0 | +$99,879 |
|---|---|---|
| Micro-location | this home 0.0943 · comparable 0.15 | −$70,850 |
| Storeys | this home 1 · comparable 2 | −$70,351 |
| Floor area | this home 186 m² · comparable 241.24 m² | −$69,338 |
| Bedrooms | this home 4 · comparable 5 | −$38,074 |
| Cladding | this home 2 · comparable 3 | −$27,914 |
| Land size | this home 500 m² · comparable 449 m² | +$22,440 |
| Distance to beach | this home 5.01 km · comparable 4.43 km | −$12,173 |
| Net adjustment | −$166,381 |
A further 9 factors were compared and found the same on both properties, so no money moved.
Sold 16 February 2026 · 0.99 km away
Sold for
$1,570,000
Adjusted to this home
$1,509,045
| Street | this home 0.0518 · comparable 0.15 | −$123,339 |
|---|---|---|
| Land size | this home 500 m² · comparable 331 m² | +$74,360 |
| Cladding | this home 2 · comparable 1 | +$27,914 |
| Year built | this home 2003 · comparable 2010 | −$23,246 |
| Distance to beach | this home 5.01 km · comparable 4.17 km | −$17,408 |
| Micro-location | this home 0.0943 · comparable 0.0807 | +$17,082 |
| Floor area | this home 186 m² · comparable 199 m² | −$16,318 |
| Net adjustment | −$60,955 |
A further 11 factors were compared and found the same on both properties, so no money moved.
Sold 31 July 2026 · 0.14 km away
Sold for
$1,225,000
Adjusted to this home
$1,431,483
| Pool | this home 1 · comparable 0 | +$76,461 |
|---|---|---|
| Land size | this home 500 m² · comparable 350 m² | +$50,525 |
| Floor area | this home 186 m² · comparable 147 m² | +$37,475 |
| Bedrooms | this home 4 · comparable 3 | +$29,146 |
| Street | this home 0.0518 · comparable 0.0317 | +$15,079 |
| Micro-location | this home 0.0943 · comparable 0.0998 | −$4,126 |
| Year built | this home 2003 · comparable 2002 | +$2,542 |
| Distance to beach | this home 5.01 km · comparable 4.96 km | −$619 |
| Net adjustment | +$206,483 |
A further 10 factors were compared and found the same on both properties, so no money moved.
Sold 24 August 2026 · 0.37 km away
Sold for
$1,820,000
Adjusted to this home
$1,503,655
| Storeys | this home 1 · comparable 2 | −$70,351 |
|---|---|---|
| Land size | this home 500 m² · comparable 640 m² | −$61,600 |
| Bathrooms | this home 2 · comparable 3 | −$59,053 |
| Micro-location | this home 0.0943 · comparable 0.1255 | −$45,427 |
| Cladding | this home 2 · comparable 3 | −$27,914 |
| Car spaces | this home 2 · comparable 3 | −$26,590 |
| Floor area | this home 186 m² · comparable 202.99 m² | −$21,326 |
| Distance to beach | this home 5.01 km · comparable 4.84 km | −$4,084 |
| Net adjustment | −$316,345 |
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.
“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
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 12 Gerona Circuit over the past 18 months, compared it with Varsity Lakes’s wider market, and examined the indicators most likely to reveal what happens next.
Absorption Rate: 2.2 months
12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)
12-Month Median Price (Varsity Lakes): $1,400,000 (90% CI $1,357,500–$1,445,000, n=130)
12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)
Asking Price Spread, Houses Vs Units: $521,294 ($1,442,508 houses vs $921,214 units, as at 2026-09-25)
12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)
12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)
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The full comparable-sales assessment for this home — the evidence, adjustment grid and reconciliation behind the range. The same report you can open above.
The document we prepare before a home goes to market — valuation evidence, comparables and market position, with a cover prepared for this address.
The recent nearby sales adjusted to this home, weighed against the national headlines — the same report you can open above.
If you sold today
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