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 Marciana Crescent

Sold 31 July 2026 · 0.10 km away

Sold for

$1,225,000

Adjusted to this home

$1,279,240

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Condition	this home 7 · comparable 6	+$49,000
Floor area	this home 111 m² · comparable 147 m²	−$36,806
Cladding	this home 3 · comparable 2	+$29,582
Street	this home 0.0518 · comparable 0.0317	+$19,698
Micro-location	this home 0.0902 · comparable 0.0998	−$9,408
Land size	this home 400 m² · comparable 350 m²	+$2,360
Distance to beach	this home 5.01 km · comparable 4.96 km	−$809
Year built	this home 2003 · comparable 2002	+$623
Net adjustment		+$54,240

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

11 Grenada Court

Sold 12 June 2026 · 0.51 km away

Sold for

$1,350,000

Adjusted to this home

$1,271,621

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.0902 · comparable 0.1321	−$45,252
Cladding	this home 3 · comparable 2	+$29,582
Floor area	this home 111 m² · comparable 118.7 m²	−$7,873
Distance to beach	this home 5.01 km · comparable 4.65 km	−$6,415
Land size	this home 400 m² · comparable 295 m²	+$4,956
Year built	this home 2003 · comparable 2002	+$623
Net adjustment		−$78,379

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.30 km away

Sold for

$1,400,000

Adjusted to this home

$1,320,139

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Micro-location	this home 0.0902 · comparable 0.0223	+$76,048
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 8	−$56,000
Floor area	this home 111 m² · comparable 145 m²	−$34,762
Distance to beach	this home 5.01 km · comparable 3.92 km	−$20,681
Street	this home 0.0518 · comparable 0.0386	+$14,784
Year built	this home 2003 · comparable 1995	+$4,986
Land size	this home 400 m² · comparable 405 m²	−$236
Net adjustment		−$79,861

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

41 Gerona Circuit

Sold 26 May 2026 · 0.14 km away

Sold for

$1,410,000

Adjusted to this home

$1,316,102

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Floor area	this home 111 m² · comparable 174 m²	−$64,411
Bedrooms	this home 3 · comparable 4	−$32,338
Micro-location	this home 0.0902 · comparable 0.0822	+$9,024
Land size	this home 400 m² · comparable 586 m²	−$8,779
Distance to beach	this home 5.01 km · comparable 5.15 km	+$2,606
Net adjustment		−$93,898

A further 13 factors were compared and found the same on both properties, so no money moved.

38 Palma Crescent

Sold 9 January 2026 · 0.18 km away

Sold for

$1,350,000

Adjusted to this home

$1,280,288

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Condition	this home 7 · comparable 8	−$54,000
Floor area	this home 111 m² · comparable 147.41 m²	−$37,226
Street	this home 0.0518 · comparable 0.0399	+$12,852
Land size	this home 400 m² · comparable 295 m²	+$4,956
Micro-location	this home 0.0902 · comparable 0.0871	+$3,348
Distance to beach	this home 5.01 km · comparable 5.1 km	+$1,604
Year built	this home 2003 · comparable 2005	−$1,246
Net adjustment		−$69,712

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

3 Dorothy Place

Sold 27 March 2026 · 1.21 km away

Sold for

$1,300,000

Adjusted to this home

$1,325,314

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 6	+$52,000
Micro-location	this home 0.0902 · comparable 0.0479	+$43,992
Cladding	this home 3 · comparable 2	+$29,582
Distance to beach	this home 5.01 km · comparable 3.81 km	−$21,778
Floor area	this home 111 m² · comparable 129.58 m²	−$18,996
Year built	this home 2003 · comparable 1995	+$4,986
Land size	this home 400 m² · comparable 410 m²	−$472
Net adjustment		+$25,314

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

29 Lantau Crescent

Sold 24 March 2026 · 0.23 km away

Sold for

$1,150,000

Adjusted to this home

$1,202,274

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Street	this home 0.0518 · comparable -0.0071	+$54,188
Condition	this home 7 · comparable 6	+$46,000
Bedrooms	this home 3 · comparable 4	−$32,338
Floor area	this home 111 m² · comparable 137.06 m²	−$26,644
Micro-location	this home 0.0902 · comparable 0.0757	+$13,340
Land size	this home 400 m² · comparable 461 m²	−$2,879
Distance to beach	this home 5.01 km · comparable 5.05 km	+$607
Net adjustment		+$52,274

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

40 Gerona Circuit

Sold 26 May 2026 · 0.07 km away

Sold for

$1,410,000

Adjusted to this home

$1,230,684

What we added and subtracted to make this sale comparable to 23 Gerona Circuit
Floor area	this home 111 m² · comparable 188 m²	−$78,725
Pool	this home 0 · comparable 1	−$64,000
Bedrooms	this home 3 · comparable 4	−$32,338
Micro-location	this home 0.0902 · comparable 0.0943	−$4,625
Distance to beach	this home 5.01 km · comparable 5.03 km	+$372
Net adjustment		−$179,316

A further 13 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 23 Gerona Circuit 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 23 Gerona Circuit 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 →

23 Gerona Circuit

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

16 Marciana Crescent

11 Grenada Court

9 Gainsborough Drive

41 Gerona Circuit

38 Palma Crescent

3 Dorothy Place

29 Lantau Crescent

40 Gerona Circuit

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 23 Gerona Circuit sit?