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.

39 Brier Crescent

Sold 16 May 2026 · 0.94 km away

Sold for

$1,302,000

Adjusted to this home

$1,332,009

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Land size	this home 400 m² · comparable 708 m²	−$135,520
Micro-location	this home 0.0971 · comparable 0.0157	+$84,786
Street	this home 0.0399 · comparable -0.0225	+$64,996
Floor area	this home 180 m² · comparable 141 m²	+$47,549
Year built	this home 2006 · comparable 2013	−$19,600
Distance to beach	this home 5.06 km · comparable 4.35 km	−$12,202
Net adjustment		+$30,009

A further 12 factors were compared and found the same on both properties, so no money moved.

16 Marciana Crescent

Sold 31 July 2026 · 0.27 km away

Sold for

$1,225,000

Adjusted to this home

$1,337,792

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Car spaces	this home 3 · comparable 2	+$44,191
Floor area	this home 180 m² · comparable 147 m²	+$40,234
Land size	this home 400 m² · comparable 350 m²	+$22,000
Year built	this home 2006 · comparable 2002	+$11,200
Cladding	this home 1 · comparable 2	−$8,606
Street	this home 0.0399 · comparable 0.0317	+$8,036
Micro-location	this home 0.0971 · comparable 0.0998	−$2,646
Distance to beach	this home 5.06 km · comparable 4.96 km	−$1,617
Net adjustment		+$112,792

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

41 Gerona Circuit

Sold 26 May 2026 · 0.19 km away

Sold for

$1,410,000

Adjusted to this home

$1,315,068

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Land size	this home 400 m² · comparable 586 m²	−$81,840
Bedrooms	this home 3 · comparable 4	−$60,844
Car spaces	this home 3 · comparable 2	+$44,191
Cladding	this home 1 · comparable 3	−$17,213
Micro-location	this home 0.0971 · comparable 0.0822	+$16,807
Street	this home 0.0399 · comparable 0.0518	−$13,423
Year built	this home 2006 · comparable 2003	+$8,400
Floor area	this home 180 m² · comparable 174 m²	+$7,315
Distance to beach	this home 5.06 km · comparable 5.15 km	+$1,675
Net adjustment		−$94,932

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

8 Mauritius Court

Sold 5 January 2026 · 0.48 km away

Sold for

$1,338,000

Adjusted to this home

$1,352,971

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Floor area	this home 180 m² · comparable 119.88 m²	+$73,298
Bedrooms	this home 3 · comparable 4	−$60,844
Car spaces	this home 3 · comparable 2	+$44,191
Micro-location	this home 0.0971 · comparable 0.1253	−$30,186
Cladding	this home 1 · comparable 3	−$17,213
Year built	this home 2006 · comparable 2002	+$11,200
Distance to beach	this home 5.06 km · comparable 4.75 km	−$5,475
Net adjustment		+$14,971

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

16 South Bay Drive

Sold 9 July 2026 · 1.20 km away

Sold for

$1,250,000

Adjusted to this home

$1,226,992

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Water views	this home 0 · comparable 1	−$126,129
Land size	this home 400 m² · comparable 188 m²	+$93,280
Micro-location	this home 0.0971 · comparable 0.0436	+$53,500
Car spaces	this home 3 · comparable 2	+$44,191
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 180 m² · comparable 156 m²	+$29,261
Street	this home 0.0399 · comparable 0.064	−$24,100
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 5.06 km · comparable 4.09 km	−$16,005
Cladding	this home 1 · comparable 2	−$8,606
Year built	this home 2006 · comparable 2009	−$8,400
Net adjustment		−$23,008

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

40 Gerona Circuit

Sold 26 May 2026 · 0.11 km away

Sold for

$1,410,000

Adjusted to this home

$1,280,730

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Pool	this home 0 · comparable 1	−$83,227
Bedrooms	this home 3 · comparable 4	−$60,844
Car spaces	this home 3 · comparable 2	+$44,191
Cladding	this home 1 · comparable 3	−$17,213
Street	this home 0.0399 · comparable 0.0518	−$13,423
Floor area	this home 180 m² · comparable 188 m²	−$9,754
Year built	this home 2006 · comparable 2003	+$8,400
Micro-location	this home 0.0971 · comparable 0.0943	+$3,158
Distance to beach	this home 5.06 km · comparable 5.03 km	−$558
Net adjustment		−$129,270

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

5 Palma Crescent

Sold 27 March 2026 · 0.05 km away

Sold for

$1,395,000

Adjusted to this home

$1,286,495

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Water views	this home 0 · comparable 1	−$126,129
Bedrooms	this home 3 · comparable 4	−$60,844
Car spaces	this home 3 · comparable 2	+$44,191
Land size	this home 400 m² · comparable 350 m²	+$22,000
Cladding	this home 1 · comparable 3	−$17,213
Micro-location	this home 0.0971 · comparable 0.0871	+$11,160
Floor area	this home 180 m² · comparable 172.46 m²	+$9,193
Year built	this home 2006 · comparable 2003	+$8,400
Distance to beach	this home 5.06 km · comparable 5.1 km	+$737
Net adjustment		−$108,505

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.26 km away

Sold for

$1,400,000

Adjusted to this home

$1,478,650

What we added and subtracted to make this sale comparable to 22 Palma Crescent
Micro-location	this home 0.0971 · comparable 0.0223	+$83,776
Pool	this home 0 · comparable 1	−$83,227
Car spaces	this home 3 · comparable 2	+$44,191
Floor area	this home 180 m² · comparable 145 m²	+$42,672
Year built	this home 2006 · comparable 1995	+$30,800
Distance to beach	this home 5.06 km · comparable 3.92 km	−$21,605
Cladding	this home 1 · comparable 3	−$17,213
Land size	this home 400 m² · comparable 405 m²	−$2,200
Street	this home 0.0399 · comparable 0.0386	+$1,456
Net adjustment		+$78,650

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 22 Palma 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 22 Palma 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 →

22 Palma Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

39 Brier Crescent

16 Marciana Crescent

41 Gerona Circuit

8 Mauritius Court

16 South Bay Drive

40 Gerona Circuit

5 Palma Crescent

9 Gainsborough Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 22 Palma Crescent sit?