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 · 0.44 km away

Sold for

$1,590,000

Adjusted to this home

$1,498,500

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Micro-location	this home 0.1189 · comparable 0.15	−$39,559
Floor area	this home 226 m² · comparable 241.24 m²	−$15,070
Storeys	this home 1 · comparable 2	−$14,385
Cladding	this home 2 · comparable 3	−$9,762
Distance to beach	this home 4.83 km · comparable 4.43 km	−$8,395
Year built	this home 2002 · comparable 2003	−$4,267
Land size	this home 448 m² · comparable 449 m²	−$62
Net adjustment		−$91,500

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

4 Barbie Avenue

Sold 5 August 2026 · 0.93 km away

Sold for

$1,515,000

Adjusted to this home

$1,534,706

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Micro-location	this home 0.1189 · comparable 0.0574	+$74,538
Floor area	this home 226 m² · comparable 151 m²	+$74,160
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$64,000
Bedrooms	this home 5 · comparable 4	+$30,388
Cladding	this home 2 · comparable 4	−$19,523
Distance to beach	this home 4.83 km · comparable 3.98 km	−$17,144
Year built	this home 2002 · comparable 1999	+$12,802
Land size	this home 448 m² · comparable 570 m²	−$7,515
Net adjustment		+$19,706

A further 8 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

$1,406,838

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 226 m² · comparable 188 m²	+$37,574
Bedrooms	this home 5 · comparable 4	+$30,388
Micro-location	this home 0.1189 · comparable 0.0943	+$27,749
Street	this home 0.0274 · comparable 0.0518	−$27,523
Cladding	this home 2 · comparable 3	−$9,762
Year built	this home 2002 · comparable 2003	−$4,267
Distance to beach	this home 4.83 km · comparable 5.03 km	+$3,722
Land size	this home 448 m² · comparable 400 m²	+$2,957
Net adjustment		−$3,162

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

41 Gerona Circuit

Sold 26 May 2026 · 0.37 km away

Sold for

$1,410,000

Adjusted to this home

$1,489,107

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Floor area	this home 226 m² · comparable 174 m²	+$51,418
Micro-location	this home 0.1189 · comparable 0.0822	+$41,398
Bedrooms	this home 5 · comparable 4	+$30,388
Street	this home 0.0274 · comparable 0.0518	−$27,523
Cladding	this home 2 · comparable 3	−$9,762
Land size	this home 448 m² · comparable 586 m²	−$8,501
Distance to beach	this home 4.83 km · comparable 5.15 km	+$5,956
Year built	this home 2002 · comparable 2003	−$4,267
Net adjustment		+$79,107

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

95 Bayswater Ave

Sold 7 March 2026 · 0.43 km away

Sold for

$1,682,500

Adjusted to this home

$1,528,770

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Floor area	this home 226 m² · comparable 294.19 m²	−$67,426
Bathrooms	this home 2 · comparable 3	−$52,000
Storeys	this home 1 · comparable 2	−$14,385
Cladding	this home 2 · comparable 3	−$9,762
Distance to beach	this home 4.83 km · comparable 4.5 km	−$7,329
Year built	this home 2002 · comparable 2003	−$4,267
Micro-location	this home 0.1189 · comparable 0.116	+$3,903
Land size	this home 448 m² · comparable 488 m²	−$2,464
Net adjustment		−$153,730

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

8 Mauritius Court

Sold 5 January 2026 · 0.09 km away

Sold for

$1,338,000

Adjusted to this home

$1,458,251

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Floor area	this home 226 m² · comparable 119.88 m²	+$104,931
Bedrooms	this home 5 · comparable 4	+$30,388
Cladding	this home 2 · comparable 3	−$9,762
Micro-location	this home 0.1189 · comparable 0.1253	−$6,850
Land size	this home 448 m² · comparable 400 m²	+$2,957
Distance to beach	this home 4.83 km · comparable 4.75 km	−$1,413
Net adjustment		+$120,251

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

8 Morea Court

Sold 27 August 2026 · 1.16 km away

Sold for

$1,230,000

Adjusted to this home

$1,337,256

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Micro-location	this home 0.1189 · comparable 0.0312	+$86,297
Floor area	this home 226 m² · comparable 148.5 m²	+$76,632
Car spaces	this home 2 · comparable 4	−$64,000
Bedrooms	this home 5 · comparable 4	+$30,388
Distance to beach	this home 4.83 km · comparable 3.93 km	−$15,026
Cladding	this home 2 · comparable 3	−$9,762
Year built	this home 2002 · comparable 2001	+$4,267
Land size	this home 448 m² · comparable 473 m²	−$1,540
Net adjustment		+$107,256

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

13 Kodiak Drive

Sold 24 August 2026 · 0.11 km away

Sold for

$1,820,000

Adjusted to this home

$1,675,529

What we added and subtracted to make this sale comparable to 16 Majorca Crescent
Pool	this home 0 · comparable 1	−$64,000
Bathrooms	this home 2 · comparable 3	−$52,000
Car spaces	this home 2 · comparable 3	−$32,000
Bedrooms	this home 5 · comparable 4	+$30,388
Floor area	this home 226 m² · comparable 202.99 m²	+$22,752
Storeys	this home 1 · comparable 2	−$14,385
Land size	this home 448 m² · comparable 640 m²	−$11,827
Cladding	this home 2 · comparable 3	−$9,762
Micro-location	this home 0.1189 · comparable 0.1255	−$9,610
Year built	this home 2002 · comparable 2003	−$4,267
Distance to beach	this home 4.83 km · comparable 4.84 km	+$240
Net adjustment		−$144,471

A further 6 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 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 16 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

18 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 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

13 Saint Paul Crescent

4 Barbie Avenue

40 Gerona Circuit

41 Gerona Circuit

95 Bayswater Ave

8 Mauritius Court

8 Morea Court

13 Kodiak Drive

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