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.

6 Wedgebill Parade

Sold 1.83 km away

Sold for

$1,795,000

Adjusted to this home

$1,767,452

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Bedrooms	this home 3 · comparable 4	−$100,000
Pool	this home 1 · comparable 0	+$72,000
Bathrooms	this home 1 · comparable 2	−$68,000
Micro-location	this home 0.1225 · comparable 0.0883	+$49,111
Distance to beach	this home 1.08 km · comparable 1.93 km	+$45,773
Year built	this home 1985 · comparable 1990	−$23,348
Floor area	this home 156 m² · comparable 165.7 m²	−$15,986
Land size	this home 614 m² · comparable 602 m²	+$12,902
Net adjustment		−$27,548

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

16 Manakin Avenue

Sold 31 August 2026 · 0.64 km away

Sold for

$1,900,000

Adjusted to this home

$1,750,235

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Land size	this home 614 m² · comparable 812 m²	−$212,890
Micro-location	this home 0.1225 · comparable -0.0002	+$186,504
Bedrooms	this home 3 · comparable 4	−$100,000
Bathrooms	this home 1 · comparable 2	−$68,000
Distance to beach	this home 1.08 km · comparable 1.71 km	+$35,910
Year built	this home 1985 · comparable 1982	+$14,009
Cladding	this home 2 · comparable 3	−$5,232
Floor area	this home 156 m² · comparable 156.04 m²	−$66
Net adjustment		−$149,765

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

16 Gannet Street

Sold 9 June 2026 · 1.07 km away

Sold for

$1,905,000

Adjusted to this home

$1,818,828

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Micro-location	this home 0.1225 · comparable 0.0317	+$138,379
Bedrooms	this home 3 · comparable 4	−$100,000
Bathrooms	this home 1 · comparable 2	−$68,000
Year built	this home 1985 · comparable 1998	−$60,705
Distance to beach	this home 1.08 km · comparable 2.09 km	+$55,664
Floor area	this home 156 m² · comparable 178 m²	−$36,256
Air conditioning	this home 0 · comparable 1	−$24,000
Land size	this home 614 m² · comparable 601 m²	+$13,978
Cladding	this home 2 · comparable 3	−$5,232
Net adjustment		−$86,172

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

117 Honeyeater Drive

Sold 12 August 2026 · 1.10 km away

Sold for

$1,530,000

Adjusted to this home

$1,740,707

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Land size	this home 614 m² · comparable 430 m²	+$197,837
Micro-location	this home 0.1225 · comparable -0.0132	+$166,097
Bedrooms	this home 3 · comparable 4	−$100,000
Bathrooms	this home 1 · comparable 2	−$68,000
Distance to beach	this home 1.08 km · comparable 2.18 km	+$47,186
Year built	this home 1985 · comparable 1993	−$37,357
Floor area	this home 156 m² · comparable 153 m²	+$4,944
Net adjustment		+$210,707

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

7 Razorbill Street

Sold 2 July 2026 · 1.11 km away

Sold for

$1,515,700

Adjusted to this home

$1,580,943

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Bedrooms	this home 3 · comparable 4	−$100,000
Pool	this home 1 · comparable 0	+$72,000
Bathrooms	this home 1 · comparable 2	−$68,000
Micro-location	this home 0.1225 · comparable 0.0675	+$66,691
Distance to beach	this home 1.08 km · comparable 1.89 km	+$36,831
Floor area	this home 156 m² · comparable 136 m²	+$32,960
Year built	this home 1985 · comparable 1982	+$14,009
Land size	this home 614 m² · comparable 604 m²	+$10,752
Net adjustment		+$65,243

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

12 Coronet Crescent

Sold 17 August 2026 · 0.68 km away

Sold for

$1,955,000

Adjusted to this home

$1,720,817

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Land size	this home 614 m² · comparable 833 m²	−$235,469
Micro-location	this home 0.1225 · comparable 0.0013	+$189,557
Bedrooms	this home 3 · comparable 4	−$100,000
Bathrooms	this home 1 · comparable 2	−$68,000
Floor area	this home 156 m² · comparable 184 m²	−$46,144
Distance to beach	this home 1.08 km · comparable 1.76 km	+$39,882
Year built	this home 1985 · comparable 1988	−$14,009
Net adjustment		−$234,183

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

7 Aruma Avenue

Sold 25 September 2026 · 1.10 km away

Sold for

$2,140,000

Adjusted to this home

$1,790,095

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Bathrooms	this home 1 · comparable 3	−$136,000
Bedrooms	this home 3 · comparable 4	−$100,000
Floor area	this home 156 m² · comparable 199.83 m²	−$72,232
Micro-location	this home 0.1225 · comparable 0.15	−$47,080
Year built	this home 1985 · comparable 1980	+$23,348
Land size	this home 614 m² · comparable 630 m²	−$17,203
Cladding	this home 2 · comparable 3	−$5,232
Distance to beach	this home 1.08 km · comparable 1.15 km	+$4,494
Net adjustment		−$349,905

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

17 Pitta Place

Sold 29 July 2026 · 0.49 km away

Sold for

$2,137,000

Adjusted to this home

$1,753,658

What we added and subtracted to make this sale comparable to 17 Lorikeet Lane
Land size	this home 614 m² · comparable 714 m²	−$107,520
Bedrooms	this home 3 · comparable 4	−$100,000
Bathrooms	this home 1 · comparable 2	−$68,000
Micro-location	this home 0.1225 · comparable 0.15	−$47,014
Floor area	this home 156 m² · comparable 181 m²	−$41,200
Air conditioning	this home 0 · comparable 1	−$24,000
Year built	this home 1985 · comparable 1982	+$14,009
Distance to beach	this home 1.08 km · comparable 0.93 km	−$9,617
Net adjustment		−$383,342

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 17 Lorikeet Lane 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 17 Lorikeet Lane 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 →

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