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.

9 Gainsborough Drive

Sold 14 September 2026 · 1.30 km away

Sold for

$1,400,000

Adjusted to this home

$1,397,871

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Pool	this home 0 · comparable 1	−$99,879
Micro-location	this home 0.0924 · comparable 0.0223	+$78,512
Floor area	this home 111 m² · comparable 145 m²	−$42,677
Land size	this home 500 m² · comparable 405 m²	+$41,800
Year built	this home 2003 · comparable 1995	+$26,566
Distance to beach	this home 5.04 km · comparable 3.92 km	−$21,235
Street	this home 0.0518 · comparable 0.0386	+$14,784
Net adjustment		−$2,129

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

39 Brier Crescent

Sold 16 May 2026 · 1.03 km away

Sold for

$1,302,000

Adjusted to this home

$1,314,276

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Land size	this home 500 m² · comparable 708 m²	−$91,520
Micro-location	this home 0.0924 · comparable 0.0157	+$79,890
Street	this home 0.0518 · comparable -0.0225	+$77,391
Cladding	this home 3 · comparable 1	+$55,827
Floor area	this home 111 m² · comparable 141 m²	−$37,656
Year built	this home 2003 · comparable 2013	−$33,208
Car spaces	this home 2 · comparable 3	−$26,590
Distance to beach	this home 5.04 km · comparable 4.35 km	−$11,858
Net adjustment		+$12,276

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

16 Marciana Crescent

Sold 31 July 2026 · 0.15 km away

Sold for

$1,225,000

Adjusted to this home

$1,288,200

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Land size	this home 500 m² · comparable 350 m²	+$66,000
Floor area	this home 111 m² · comparable 147 m²	−$45,187
Cladding	this home 3 · comparable 2	+$27,914
Street	this home 0.0518 · comparable 0.0317	+$19,698
Micro-location	this home 0.0924 · comparable 0.0998	−$7,252
Year built	this home 2003 · comparable 2002	+$3,321
Distance to beach	this home 5.04 km · comparable 4.96 km	−$1,294
Net adjustment		+$63,200

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

8 Mauritius Court

Sold 5 January 2026 · 0.38 km away

Sold for

$1,338,000

Adjusted to this home

$1,333,837

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Land size	this home 500 m² · comparable 400 m²	+$44,000
Micro-location	this home 0.0924 · comparable 0.1253	−$35,216
Floor area	this home 111 m² · comparable 119.88 m²	−$11,146
Distance to beach	this home 5.04 km · comparable 4.75 km	−$5,122
Year built	this home 2003 · comparable 2002	+$3,321
Net adjustment		−$4,163

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

3 Dorothy Place

Sold 27 March 2026 · 1.24 km away

Sold for

$1,300,000

Adjusted to this home

$1,294,867

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Pool	this home 0 · comparable 1	−$99,879
Micro-location	this home 0.0924 · comparable 0.0479	+$46,280
Land size	this home 500 m² · comparable 410 m²	+$39,600
Cladding	this home 3 · comparable 2	+$27,914
Year built	this home 2003 · comparable 1995	+$26,566
Floor area	this home 111 m² · comparable 129.58 m²	−$23,322
Distance to beach	this home 5.04 km · comparable 3.81 km	−$22,292
Net adjustment		−$5,133

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

41 Gerona Circuit

Sold 26 May 2026 · 0.11 km away

Sold for

$1,410,000

Adjusted to this home

$1,306,635

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Floor area	this home 111 m² · comparable 174 m²	−$79,078
Land size	this home 500 m² · comparable 586 m²	−$37,840
Micro-location	this home 0.0924 · comparable 0.0822	+$11,506
Distance to beach	this home 5.04 km · comparable 5.15 km	+$2,047
Net adjustment		−$103,365

A further 12 factors were compared and found the same on both properties, so no money moved.

11 Grenada Court

Sold 12 June 2026 · 0.56 km away

Sold for

$1,350,000

Adjusted to this home

$1,411,944

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Land size	this home 500 m² · comparable 295 m²	+$90,200
Micro-location	this home 0.0924 · comparable 0.1321	−$42,876
Cladding	this home 3 · comparable 2	+$27,914
Floor area	this home 111 m² · comparable 118.7 m²	−$9,665
Distance to beach	this home 5.04 km · comparable 4.65 km	−$6,950
Year built	this home 2003 · comparable 2002	+$3,321
Net adjustment		+$61,944

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

40 Gerona Circuit

Sold 26 May 2026 · 0.03 km away

Sold for

$1,410,000

Adjusted to this home

$1,255,142

What we added and subtracted to make this sale comparable to 16 Gerona Circuit
Pool	this home 0 · comparable 1	−$99,879
Floor area	this home 111 m² · comparable 188 m²	−$96,650
Land size	this home 500 m² · comparable 400 m²	+$44,000
Micro-location	this home 0.0924 · comparable 0.0943	−$2,143
Distance to beach	this home 5.04 km · comparable 5.03 km	−$186
Net adjustment		−$154,858

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 16 Gerona Circuit 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 16 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.

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

14 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 →

16 Gerona Circuit

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

9 Gainsborough Drive

39 Brier Crescent

16 Marciana Crescent

8 Mauritius Court

3 Dorothy Place

41 Gerona Circuit

11 Grenada Court

40 Gerona Circuit

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 16 Gerona Circuit sit?