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.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.58 km away

Sold for

$1,590,000

Adjusted to this home

$1,679,288

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Floor area	this home 330 m² · comparable 241.24 m²	+$109,139
Pool	this home 1 · comparable 0	+$79,667
Storeys	this home 1 · comparable 2	−$68,663
Micro-location	this home 0.1029 · comparable 0.15	−$59,911
Land size	this home 500 m² · comparable 449 m²	+$22,440
Bathrooms	this home 3 · comparable 2	+$18,370
Distance to beach	this home 4.99 km · comparable 4.43 km	−$11,754
Net adjustment		+$89,288

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

95 Bayswater Ave

Sold 7 March 2026 · 0.79 km away

Sold for

$1,682,500

Adjusted to this home

$1,714,301

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Pool	this home 1 · comparable 0	+$79,667
Storeys	this home 1 · comparable 2	−$68,663
Floor area	this home 330 m² · comparable 294.19 m²	+$44,032
Micro-location	this home 0.1029 · comparable 0.116	−$17,633
Distance to beach	this home 4.99 km · comparable 4.5 km	−$10,882
Land size	this home 500 m² · comparable 488 m²	+$5,280
Net adjustment		+$31,801

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

28 Meridien Avenue

Sold 19 February 2026 · 0.40 km away

Sold for

$1,820,000

Adjusted to this home

$1,751,326

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Street	this home 0.0399 · comparable 0.15	−$160,306
Condition	this home 9 · comparable 8	+$109,200
Car spaces	this home 2 · comparable 4	−$73,472
Micro-location	this home 0.1029 · comparable 0.15	−$68,578
Bedrooms	this home 5 · comparable 4	+$56,277
Land size	this home 500 m² · comparable 400 m²	+$44,000
Floor area	this home 330 m² · comparable 311 m²	+$23,362
Bathrooms	this home 3 · comparable 2	+$18,370
Distance to beach	this home 4.99 km · comparable 4.61 km	−$9,129
Year built	this home 2003 · comparable 2005	−$8,398
Net adjustment		−$68,674

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

3 Port Peyra Crescent

Sold 4 June 2026 · 0.37 km away

Sold for

$1,950,000

Adjusted to this home

$1,837,027

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Condition	this home 9 · comparable 7	+$195,000
Street	this home 0.0399 · comparable 0.15	−$171,756
Land size	this home 500 m² · comparable 824 m²	−$142,560
Floor area	this home 330 m² · comparable 233.19 m²	+$119,038
Storeys	this home 1 · comparable 2	−$68,663
Micro-location	this home 0.1029 · comparable 0.1346	−$49,452
Bathrooms	this home 3 · comparable 2	+$18,370
Distance to beach	this home 4.99 km · comparable 4.65 km	−$8,751
Year built	this home 2003 · comparable 2004	−$4,199
Net adjustment		−$112,973

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

4 Barbie Avenue

Sold 5 August 2026 · 1.01 km away

Sold for

$1,515,000

Adjusted to this home

$1,743,419

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Floor area	this home 330 m² · comparable 151 m²	+$220,098
Car spaces	this home 2 · comparable 4	−$73,472
Bedrooms	this home 5 · comparable 4	+$56,277
Micro-location	this home 0.1029 · comparable 0.0574	+$55,146
Land size	this home 500 m² · comparable 570 m²	−$30,800
Distance to beach	this home 4.99 km · comparable 3.98 km	−$20,343
Bathrooms	this home 3 · comparable 2	+$18,370
Year built	this home 2003 · comparable 1999	+$16,797
Cladding	this home 3 · comparable 4	−$13,654
Net adjustment		+$228,419

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

13 Kodiak Drive

Sold 24 August 2026 · 0.50 km away

Sold for

$1,820,000

Adjusted to this home

$1,828,939

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Floor area	this home 330 m² · comparable 202.99 m²	+$156,171
Storeys	this home 1 · comparable 2	−$68,663
Land size	this home 500 m² · comparable 640 m²	−$61,600
Bedrooms	this home 5 · comparable 4	+$56,277
Car spaces	this home 2 · comparable 3	−$36,736
Micro-location	this home 0.1029 · comparable 0.1255	−$32,906
Distance to beach	this home 4.99 km · comparable 4.84 km	−$3,604
Net adjustment		+$8,939

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

4 Azzurra Drive

Sold 14 October 2025 · 0.22 km away

Sold for

$1,725,000

Adjusted to this home

$1,759,385

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Floor area	this home 330 m² · comparable 186.38 m²	+$176,595
Street	this home 0.0399 · comparable 0.15	−$151,938
Storeys	this home 1 · comparable 2	−$68,663
Bedrooms	this home 5 · comparable 4	+$56,277
Land size	this home 500 m² · comparable 448 m²	+$22,880
Distance to beach	this home 4.99 km · comparable 4.92 km	−$1,594
Micro-location	this home 0.1029 · comparable 0.1023	+$828
Net adjustment		+$34,385

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

73 Azzurra Drive

Sold 10 February 2026 · 0.64 km away

Sold for

$1,730,000

Adjusted to this home

$1,626,968

What we added and subtracted to make this sale comparable to 12 Palma Crescent
Floor area	this home 330 m² · comparable 201.57 m²	+$157,918
Street	this home 0.0399 · comparable 0.15	−$152,378
Storeys	this home 1 · comparable 2	−$68,663
Micro-location	this home 0.1029 · comparable 0.15	−$65,186
Land size	this home 500 m² · comparable 432 m²	+$29,920
Bathrooms	this home 3 · comparable 2	+$18,370
Distance to beach	this home 4.99 km · comparable 4.35 km	−$14,615
Year built	this home 2003 · comparable 2005	−$8,398
Net adjustment		−$103,032

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 12 Palma 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 Palma 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 Palma Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

13 Saint Paul Crescent

95 Bayswater Ave

28 Meridien Avenue

3 Port Peyra Crescent

4 Barbie Avenue

13 Kodiak Drive

4 Azzurra Drive

73 Azzurra Drive

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