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.

16 Marciana Crescent

Sold 31 July 2026 · 0.16 km away

Sold for

$1,225,000

Adjusted to this home

$1,284,169

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Bedrooms	this home 4 · comparable 3	+$35,987
Micro-location	this home 0.1161 · comparable 0.0998	+$15,974
Cladding	this home 3 · comparable 2	+$12,426
Floor area	this home 140 m² · comparable 147 m²	−$6,950
Street	this home 0.0274 · comparable 0.0317	−$4,214
Land size	this home 400 m² · comparable 350 m²	+$3,520
Distance to beach	this home 4.81 km · comparable 4.96 km	+$2,426
Net adjustment		+$59,169

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

11 Grenada Court

Sold 12 June 2026 · 0.26 km away

Sold for

$1,350,000

Adjusted to this home

$1,298,820

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Condition	this home 6 · comparable 8	−$108,000
Bedrooms	this home 4 · comparable 3	+$35,987
Floor area	this home 140 m² · comparable 118.7 m²	+$21,146
Micro-location	this home 0.1161 · comparable 0.1321	−$17,280
Cladding	this home 3 · comparable 2	+$12,426
Land size	this home 400 m² · comparable 295 m²	+$7,392
Distance to beach	this home 4.81 km · comparable 4.65 km	−$2,851
Net adjustment		−$51,180

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

39 Brier Crescent

Sold 16 May 2026 · 1.07 km away

Sold for

$1,302,000

Adjusted to this home

$1,313,771

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Micro-location	this home 0.1161 · comparable 0.0157	+$104,577
Condition	this home 6 · comparable 8	−$104,160
Street	this home 0.0274 · comparable -0.0225	+$51,976
Year built	this home 2002 · comparable 2013	−$38,878
Bedrooms	this home 4 · comparable 3	+$35,987
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 3 · comparable 1	+$24,851
Land size	this home 400 m² · comparable 708 m²	−$21,683
Distance to beach	this home 4.81 km · comparable 4.35 km	−$7,906
Floor area	this home 140 m² · comparable 141 m²	−$993
Net adjustment		+$11,771

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

41 Gerona Circuit

Sold 26 May 2026 · 0.38 km away

Sold for

$1,410,000

Adjusted to this home

$1,320,261

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Condition	this home 6 · comparable 7	−$56,400
Micro-location	this home 0.1161 · comparable 0.0822	+$38,239
Floor area	this home 140 m² · comparable 174 m²	−$33,755
Street	this home 0.0274 · comparable 0.0518	−$27,523
Land size	this home 400 m² · comparable 586 m²	−$13,094
Distance to beach	this home 4.81 km · comparable 5.15 km	+$6,328
Year built	this home 2002 · comparable 2003	−$3,534
Net adjustment		−$89,739

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

38 Palma Crescent

Sold 9 January 2026 · 0.42 km away

Sold for

$1,350,000

Adjusted to this home

$1,290,407

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Condition	this home 6 · comparable 8	−$108,000
Bedrooms	this home 4 · comparable 3	+$35,987
Micro-location	this home 0.1161 · comparable 0.0871	+$31,320
Street	this home 0.0274 · comparable 0.0399	−$13,500
Year built	this home 2002 · comparable 2005	−$10,603
Land size	this home 400 m² · comparable 295 m²	+$7,392
Floor area	this home 140 m² · comparable 147.41 m²	−$7,357
Distance to beach	this home 4.81 km · comparable 5.1 km	+$5,168
Net adjustment		−$59,593

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

13 Acklin Court

Sold 2 September 2026 · 0.66 km away

Sold for

$1,110,000

Adjusted to this home

$1,109,855

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Condition	this home 6 · comparable 7	−$44,400
Bedrooms	this home 4 · comparable 3	+$35,987
Micro-location	this home 0.1161 · comparable 0.1014	+$13,054
Distance to beach	this home 4.81 km · comparable 4.16 km	−$9,524
Floor area	this home 140 m² · comparable 137 m²	+$2,978
Land size	this home 400 m² · comparable 375 m²	+$1,760
Net adjustment		−$145

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

4 Pascali Court

Sold 5 August 2026 · 1.15 km away

Sold for

$1,150,000

Adjusted to this home

$1,307,165

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Micro-location	this home 0.1161 · comparable 0.0123	+$95,496
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0274 · comparable -0.0364	+$58,696
Bedrooms	this home 4 · comparable 3	+$35,987
Year built	this home 2002 · comparable 1995	+$24,741
Distance to beach	this home 4.81 km · comparable 3.67 km	−$19,126
Floor area	this home 140 m² · comparable 125.33 m²	+$14,564
Cladding	this home 3 · comparable 2	+$12,426
Land size	this home 400 m² · comparable 423 m²	−$1,619
Net adjustment		+$157,165

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

40 Gerona Circuit

Sold 26 May 2026 · 0.31 km away

Sold for

$1,410,000

Adjusted to this home

$1,239,573

What we added and subtracted to make this sale comparable to 12 Majorca Crescent
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 6 · comparable 7	−$56,400
Floor area	this home 140 m² · comparable 188 m²	−$47,654
Street	this home 0.0274 · comparable 0.0518	−$27,523
Micro-location	this home 0.1161 · comparable 0.0943	+$24,590
Distance to beach	this home 4.81 km · comparable 5.03 km	+$4,094
Year built	this home 2002 · comparable 2003	−$3,534
Net adjustment		−$170,427

A further 11 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 12 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 12 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)

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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 →

12 Majorca Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

16 Marciana Crescent

11 Grenada Court

39 Brier Crescent

41 Gerona Circuit

38 Palma Crescent

13 Acklin Court

4 Pascali Court

40 Gerona Circuit

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 12 Majorca Crescent sit?