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 Manakin Avenue

Sold 31 August 2026 · 1.02 km away

Sold for

$1,900,000

Adjusted to this home

$1,843,413

What we added and subtracted to make this sale comparable to 16 Pitta Place
Micro-location	this home 0.15 · comparable -0.0002	+$228,304
Floor area	this home 105 m² · comparable 156.04 m²	−$133,071
Bedrooms	this home 3 · comparable 4	−$100,000
Bathrooms	this home 1 · comparable 2	−$68,000
Land size	this home 766 m² · comparable 812 m²	−$66,571
Distance to beach	this home 0.9 km · comparable 1.71 km	+$46,170
Street	this home 0.0195 · comparable -0.0032	+$34,504
Year built	this home 1986 · comparable 1982	+$27,453
Cladding	this home 2 · comparable 3	−$25,376
Net adjustment		−$56,587

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

39 Honeyeater Drive

Sold 0.59 km away

Sold for

$2,095,000

Adjusted to this home

$1,982,419

What we added and subtracted to make this sale comparable to 16 Pitta Place
Land size	this home 766 m² · comparable 660 m²	+$153,403
Floor area	this home 105 m² · comparable 160 m²	−$143,396
Street	this home 0.0195 · comparable 0.0962	−$128,549
Micro-location	this home 0.15 · comparable 0.0835	+$111,454
Bathrooms	this home 1 · comparable 2	−$68,000
Car spaces	this home 2 · comparable 3	−$36,000
Cladding	this home 2 · comparable 3	−$25,376
Distance to beach	this home 0.9 km · comparable 1.28 km	+$23,883
Net adjustment		−$112,581

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

12 Coronet Crescent

Sold 17 August 2026 · 1.03 km away

Sold for

$1,955,000

Adjusted to this home

$1,829,202

What we added and subtracted to make this sale comparable to 16 Pitta Place
Micro-location	this home 0.15 · comparable 0.0013	+$232,566
Floor area	this home 105 m² · comparable 184 m²	−$205,969
Bedrooms	this home 3 · comparable 4	−$100,000
Land size	this home 766 m² · comparable 833 m²	−$96,962
Street	this home 0.0195 · comparable -0.029	+$75,854
Bathrooms	this home 1 · comparable 2	−$68,000
Distance to beach	this home 0.9 km · comparable 1.76 km	+$50,439
Year built	this home 1986 · comparable 1988	−$13,726
Net adjustment		−$125,798

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

6 Wedgebill Parade

Sold 1.65 km away

Sold for

$1,795,000

Adjusted to this home

$1,707,301

What we added and subtracted to make this sale comparable to 16 Pitta Place
Land size	this home 766 m² · comparable 602 m²	+$237,341
Street	this home 0.0195 · comparable 0.15	−$187,398
Floor area	this home 105 m² · comparable 165.7 m²	−$158,257
Bedrooms	this home 3 · comparable 4	−$100,000
Micro-location	this home 0.15 · comparable 0.0883	+$88,602
Pool	this home 1 · comparable 0	+$72,000
Bathrooms	this home 1 · comparable 2	−$68,000
Distance to beach	this home 0.9 km · comparable 1.93 km	+$55,466
Year built	this home 1986 · comparable 1990	−$27,453
Net adjustment		−$87,699

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

17 Pitta Place

Sold 29 July 2026 · 0.06 km away

Sold for

$2,137,000

Adjusted to this home

$1,851,483

What we added and subtracted to make this sale comparable to 16 Pitta Place
Floor area	this home 105 m² · comparable 181 m²	−$198,147
Bedrooms	this home 3 · comparable 4	−$100,000
Land size	this home 766 m² · comparable 714 m²	+$75,254
Bathrooms	this home 1 · comparable 2	−$68,000
Year built	this home 1986 · comparable 1982	+$27,453
Air conditioning	this home 0 · comparable 1	−$24,000
Distance to beach	this home 0.9 km · comparable 0.93 km	+$1,923
Net adjustment		−$285,517

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

48 Bluejay Street

Sold 13 February 2026 · 0.82 km away

Sold for

$1,910,000

Adjusted to this home

$1,940,095

What we added and subtracted to make this sale comparable to 16 Pitta Place
Land size	this home 766 m² · comparable 607 m²	+$230,105
Street	this home 0.0195 · comparable 0.15	−$199,404
Bathrooms	this home 1 · comparable 2	−$68,000
Year built	this home 1986 · comparable 1980	+$41,179
Distance to beach	this home 0.9 km · comparable 1.43 km	+$30,369
Cladding	this home 2 · comparable 3	−$25,376
Floor area	this home 105 m² · comparable 96.86 m²	+$21,222
Net adjustment		+$30,095

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

17 Manakin Avenue

Sold 21 May 2026 · 0.98 km away

Sold for

$1,800,000

Adjusted to this home

$1,716,092

What we added and subtracted to make this sale comparable to 16 Pitta Place
Floor area	this home 105 m² · comparable 249 m²	−$375,437
Land size	this home 766 m² · comparable 616 m²	+$217,080
Micro-location	this home 0.15 · comparable 0.0089	+$203,184
Bedrooms	this home 3 · comparable 4	−$100,000
Bathrooms	this home 1 · comparable 2	−$68,000
Distance to beach	this home 0.9 km · comparable 1.65 km	+$40,500
Car spaces	this home 2 · comparable 3	−$36,000
Street	this home 0.0195 · comparable -0.0032	+$32,688
Year built	this home 1986 · comparable 1982	+$27,453
Cladding	this home 2 · comparable 3	−$25,376
Net adjustment		−$83,908

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

28 Mountain View Avenue

Sold 7 July 2026 · 0.28 km away

Sold for

$2,250,000

Adjusted to this home

$1,863,334

What we added and subtracted to make this sale comparable to 16 Pitta Place
Floor area	this home 105 m² · comparable 181 m²	−$198,147
Street	this home 0.0195 · comparable 0.1104	−$163,620
Land size	this home 766 m² · comparable 682 m²	+$121,565
Bedrooms	this home 3 · comparable 4	−$100,000
Pool	this home 1 · comparable 0	+$72,000
Bathrooms	this home 1 · comparable 2	−$68,000
Cladding	this home 2 · comparable 3	−$25,376
Distance to beach	this home 0.9 km · comparable 0.63 km	−$18,225
Year built	this home 1986 · comparable 1987	−$6,863
Net adjustment		−$386,666

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.

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 Pitta Place 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 Pitta Place over the past 18 months, compared it with Burleigh Waters’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports

Burleigh Waters

Should I Sell Now?

Absorption Rate: 3.3 months

Burleigh Waters

Is Now a Good Time to Buy?

12-Month Median Price: $1,917,500 (interval $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Crash Risk

Queensland Household Spending: $22.3 billion, trending up

Burleigh Waters

Market Overview

12-Month Median Price: $1,917,500 (90% CI $1,850,277 to $1,965,000; n=216)

Burleigh Waters

Houses vs Units

Asking Price, Houses Vs Units (25 September 2026): $1,970,761 vs $1,178,936 (spread $791,824)

Burleigh Waters

Market Direction

12-Month Median Price (Fields Data): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Suburb Comparison

12-Month Median Price (Burleigh Waters): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

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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

13 houses are already on the market in Burleigh Waters.

See the homes buyers can choose from — and the market your home would enter.

See houses for sale in Burleigh Waters →See the Burleigh Waters property market →

16 Pitta Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

16 Manakin Avenue

39 Honeyeater Drive