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.

77 Southlake Drive

Sold 20 November 2025 · 0.62 km away

Sold for

$1,505,000

Adjusted to this home

$1,516,144

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Water views	this home 0 · comparable 1	−$150,174
Land size	this home 331 m² · comparable 600 m²	−$122,879
Street	this home 0.15 · comparable 0.0515	+$118,594
Car spaces	this home 4 · comparable 1	+$96,000
Condition	this home 8 · comparable 9	−$90,300
Micro-location	this home 0.0927 · comparable 0.0379	+$65,979
Floor area	this home 200 m² · comparable 113.49 m²	+$65,402
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2010 · comparable 1993	+$18,455
Distance to beach	this home 4.2 km · comparable 3.78 km	−$9,933
Net adjustment		+$11,144

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.03 km away

Sold for

$1,570,000

Adjusted to this home

$1,595,474

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 3 · comparable 1	+$40,000
Bedrooms	this home 3 · comparable 4	−$29,732
Micro-location	this home 0.0927 · comparable 0.0807	+$15,072
Floor area	this home 200 m² · comparable 199 m²	+$756
Distance to beach	this home 4.2 km · comparable 4.17 km	−$622
Net adjustment		+$25,474

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

11 Grenada Court

Sold 12 June 2026 · 0.47 km away

Sold for

$1,350,000

Adjusted to this home

$1,486,059

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Car spaces	this home 4 · comparable 2	+$64,000
Floor area	this home 200 m² · comparable 118.7 m²	+$61,462
Micro-location	this home 0.0927 · comparable 0.1321	−$42,552
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 331 m² · comparable 295 m²	+$16,445
Year built	this home 2010 · comparable 2002	+$8,685
Distance to beach	this home 4.2 km · comparable 4.65 km	+$8,019
Net adjustment		+$136,059

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

8 Duxton Dr

Sold 20 May 2026 · 0.72 km away

Sold for

$1,468,000

Adjusted to this home

$1,582,876

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Micro-location	this home 0.0927 · comparable 0.0239	+$80,798
Land size	this home 331 m² · comparable 500 m²	−$77,199
Car spaces	this home 4 · comparable 2	+$64,000
Condition	this home 8 · comparable 7	+$58,720
Bedrooms	this home 3 · comparable 4	−$29,732
Floor area	this home 200 m² · comparable 185.4 m²	+$11,038
Year built	this home 2010 · comparable 2001	+$9,770
Distance to beach	this home 4.2 km · comparable 4.07 km	−$2,519
Net adjustment		+$114,876

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

16 South Bay Drive

Sold 9 July 2026 · 0.13 km away

Sold for

$1,250,000

Adjusted to this home

$1,343,113

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Water views	this home 0 · comparable 1	−$150,174
Street	this home 0.15 · comparable 0.064	+$86,000
Land size	this home 331 m² · comparable 188 m²	+$65,322
Car spaces	this home 4 · comparable 2	+$64,000
Storeys	this home 1 · comparable 2	−$53,670
Micro-location	this home 0.0927 · comparable 0.0436	+$49,100
Floor area	this home 200 m² · comparable 156 m²	+$33,264
Cladding	this home 3 · comparable 2	+$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.2 km · comparable 4.09 km	−$1,815
Year built	this home 2010 · comparable 2009	+$1,086
Net adjustment		+$93,113

A further 7 factors were compared and found the same on both properties, so no money moved.

8 Morea Court

Sold 27 August 2026 · 0.48 km away

Sold for

$1,230,000

Adjusted to this home

$1,289,025

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Land size	this home 331 m² · comparable 473 m²	−$64,866
Micro-location	this home 0.0927 · comparable 0.0312	+$60,516
Condition	this home 8 · comparable 7	+$49,200
Floor area	this home 200 m² · comparable 148.5 m²	+$38,934
Bedrooms	this home 3 · comparable 4	−$29,732
Year built	this home 2010 · comparable 2001	+$9,770
Distance to beach	this home 4.2 km · comparable 3.93 km	−$4,797
Net adjustment		+$59,025

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

45 North Shore Avenue

Sold 22 April 2026 · 0.52 km away

Sold for

$1,700,000

Adjusted to this home

$1,477,954

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Land size	this home 331 m² · comparable 637 m²	−$139,781
Condition	this home 8 · comparable 9	−$102,000
Micro-location	this home 0.0927 · comparable 0.0333	+$80,784
Pool	this home 0 · comparable 1	−$64,000
Bedrooms	this home 3 · comparable 4	−$29,732
Street	this home 0.15 · comparable 0.1355	+$19,720
Floor area	this home 200 m² · comparable 188 m²	+$9,072
Year built	this home 2010 · comparable 2002	+$8,685
Distance to beach	this home 4.2 km · comparable 3.99 km	−$4,794
Net adjustment		−$222,046

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

56 Southlake Drive

Sold 21 July 2026 · 0.69 km away

Sold for

$1,660,000

Adjusted to this home

$1,684,636

What we added and subtracted to make this sale comparable to 18 Elizabeth Crescent
Street	this home 0.15 · comparable 0.0515	+$130,808
Condition	this home 8 · comparable 9	−$99,600
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0927 · comparable 0.0447	+$63,744
Floor area	this home 200 m² · comparable 133 m²	+$50,652
Land size	this home 331 m² · comparable 432 m²	−$46,137
Car spaces	this home 4 · comparable 3	+$32,000
Bedrooms	this home 3 · comparable 4	−$29,732
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2010 · comparable 1993	+$18,455
Distance to beach	this home 4.2 km · comparable 3.76 km	−$11,554
Net adjustment		+$24,636

A further 7 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 18 Elizabeth 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 18 Elizabeth 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

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 →

18 Elizabeth Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

77 Southlake Drive

22 Elizabeth Crescent

11 Grenada Court

8 Duxton Dr

16 South Bay Drive

8 Morea Court

45 North Shore Avenue

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 18 Elizabeth Crescent sit?