22 Elizabeth Crescent
Sold 16 February 2026 · 0.00 km away
Sold for
$1,570,000
Adjusted to this home
$1,570,000

Last recorded sale: $1,252,000 in December 2023.
Comparable range
$1,403,441 – $1,775,360
8 adjusted comparable sales · 8 verified · 37 of 48 candidate sales verified · band ±11.7% measured on 202 sales · recomputed 10 October 2026
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.
Sold 16 February 2026 · 0.00 km away
Sold for
$1,570,000
Adjusted to this home
$1,570,000
Sold 17 November 2025 · 0.55 km away
Sold for
$1,451,000
Adjusted to this home
$1,492,754
| Street | this home 0.15 · comparable 0.0453 | +$121,536 |
|---|---|---|
| Condition | this home 8 · comparable 9 | −$87,060 |
| Micro-location | this home 0.0807 · comparable 0.033 | +$55,370 |
| Cladding | this home 1 · comparable 3 | −$40,000 |
| Bedrooms | this home 4 · comparable 3 | +$35,519 |
| Land size | this home 331 m² · comparable 400 m² | −$29,587 |
| Floor area | this home 199 m² · comparable 212.8 m² | −$10,477 |
| Distance to beach | this home 4.17 km · comparable 3.95 km | −$4,562 |
| Year built | this home 2010 · comparable 2001 | +$1,015 |
| Net adjustment | +$41,754 |
A further 9 factors were compared and found the same on both properties, so no money moved.
Sold 22 April 2026 · 0.69 km away
Sold for
$1,685,000
Adjusted to this home
$1,507,105
| Micro-location | this home 0.0807 · comparable 0.021 | +$80,475 |
|---|---|---|
| Floor area | this home 199 m² · comparable 289.47 m² | −$68,685 |
| Storeys | this home 1 · comparable 2 | −$52,338 |
| Bathrooms | this home 2 · comparable 3 | −$52,000 |
| Bedrooms | this home 4 · comparable 5 | −$35,519 |
| Land size | this home 331 m² · comparable 411 m² | −$34,304 |
| Car spaces | this home 2 · comparable 3 | −$32,000 |
| Street | this home 0.15 · comparable 0.1355 | +$19,546 |
| Distance to beach | this home 4.17 km · comparable 3.99 km | −$4,085 |
| Year built | this home 2010 · comparable 2001 | +$1,015 |
| Net adjustment | −$177,895 |
A further 8 factors were compared and found the same on both properties, so no money moved.
Sold 12 June 2026 · 0.49 km away
Sold for
$1,350,000
Adjusted to this home
$1,520,941
| Pool | this home 1 · comparable 0 | +$125,077 |
|---|---|---|
| Floor area | this home 199 m² · comparable 118.7 m² | +$60,964 |
| Micro-location | this home 0.0807 · comparable 0.1321 | −$55,512 |
| Bedrooms | this home 4 · comparable 3 | +$35,519 |
| Cladding | this home 1 · comparable 2 | −$20,000 |
| Land size | this home 331 m² · comparable 295 m² | +$15,437 |
| Distance to beach | this home 4.17 km · comparable 4.65 km | +$8,554 |
| Year built | this home 2010 · comparable 2002 | +$902 |
| Net adjustment | +$170,941 |
A further 9 factors were compared and found the same on both properties, so no money moved.
Sold 20 November 2025 · 0.60 km away
Sold for
$1,505,000
Adjusted to this home
$1,544,621
| Water views | this home 0 · comparable 1 | −$154,953 |
|---|---|---|
| Pool | this home 1 · comparable 0 | +$125,077 |
| Street | this home 0.15 · comparable 0.0515 | +$118,594 |
| Land size | this home 331 m² · comparable 600 m² | −$115,347 |
| Condition | this home 8 · comparable 9 | −$90,300 |
| Floor area | this home 199 m² · comparable 113.49 m² | +$64,919 |
| Micro-location | this home 0.0807 · comparable 0.0379 | +$51,531 |
| Bedrooms | this home 4 · comparable 3 | +$35,519 |
| Car spaces | this home 2 · comparable 1 | +$32,000 |
| Cladding | this home 1 · comparable 2 | −$20,000 |
| Distance to beach | this home 4.17 km · comparable 3.78 km | −$9,337 |
| Year built | this home 2010 · comparable 1993 | +$1,918 |
| Net adjustment | +$39,621 |
A further 6 factors were compared and found the same on both properties, so no money moved.
Sold 9 July 2026 · 0.11 km away
Sold for
$1,250,000
Adjusted to this home
$1,379,162
| Water views | this home 0 · comparable 1 | −$154,953 |
|---|---|---|
| Pool | this home 1 · comparable 0 | +$125,077 |
| Street | this home 0.15 · comparable 0.064 | +$86,000 |
| Land size | this home 331 m² · comparable 188 m² | +$61,318 |
| Storeys | this home 1 · comparable 2 | −$52,338 |
| Micro-location | this home 0.0807 · comparable 0.0436 | +$37,100 |
| Bedrooms | this home 4 · comparable 3 | +$35,519 |
| Floor area | this home 199 m² · comparable 156 m² | +$32,646 |
| Cladding | this home 1 · comparable 2 | −$20,000 |
| Air conditioning | this home 0 · comparable 1 | −$20,000 |
| Distance to beach | this home 4.17 km · comparable 4.09 km | −$1,320 |
| Year built | this home 2010 · comparable 2009 | +$113 |
| Net adjustment | +$129,162 |
A further 6 factors were compared and found the same on both properties, so no money moved.
Sold 27 August 2026 · 0.46 km away
Sold for
$1,230,000
Adjusted to this home
$1,323,139
| Pool | this home 1 · comparable 0 | +$125,077 |
|---|---|---|
| Car spaces | this home 2 · comparable 4 | −$64,000 |
| Land size | this home 331 m² · comparable 473 m² | −$60,890 |
| Condition | this home 8 · comparable 7 | +$49,200 |
| Micro-location | this home 0.0807 · comparable 0.0312 | +$48,708 |
| Cladding | this home 1 · comparable 3 | −$40,000 |
| Floor area | this home 199 m² · comparable 148.5 m² | +$38,339 |
| Distance to beach | this home 4.17 km · comparable 3.93 km | −$4,310 |
| Year built | this home 2010 · comparable 2001 | +$1,015 |
| Net adjustment | +$93,139 |
A further 8 factors were compared and found the same on both properties, so no money moved.
Sold 21 July 2026 · 0.67 km away
Sold for
$1,660,000
Adjusted to this home
$1,644,836
| Street | this home 0.15 · comparable 0.0515 | +$130,808 |
|---|---|---|
| Condition | this home 8 · comparable 9 | −$99,600 |
| Floor area | this home 199 m² · comparable 133 m² | +$50,107 |
| Micro-location | this home 0.0807 · comparable 0.0447 | +$47,808 |
| Land size | this home 331 m² · comparable 432 m² | −$43,309 |
| Cladding | this home 1 · comparable 3 | −$40,000 |
| Car spaces | this home 2 · comparable 3 | −$32,000 |
| Air conditioning | this home 0 · comparable 1 | −$20,000 |
| Distance to beach | this home 4.17 km · comparable 3.76 km | −$10,896 |
| Year built | this home 2010 · comparable 1993 | +$1,918 |
| Net adjustment | −$15,164 |
A further 8 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.

“Prices are holding for now, but we need to be watching inflation, household spending, and wage growth as leading indicators of where the market moves next.”Will SimpsonFields Real Estate
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 22 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.
Absorption Rate: 2.2 months
12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)
12-Month Median Price (Varsity Lakes): $1,400,000 (90% CI $1,357,500–$1,445,000, n=130)
12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)
Asking Price Spread, Houses Vs Units: $521,294 ($1,442,508 houses vs $921,214 units, as at 2026-09-25)
12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)
12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)
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The full comparable-sales assessment for this home — the evidence, adjustment grid and reconciliation behind the range. The same report you can open above.

The document we prepare before a home goes to market — valuation evidence, comparables and market position, with a cover prepared for this address.
The recent nearby sales adjusted to this home, weighed against the national headlines — the same report you can open above.
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