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.

31 Roundelay Drive

Sold 30 July 2026 · 0.63 km away

Sold for

$1,380,000

Adjusted to this home

$1,354,377

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Bedrooms	this home 3 · comparable 4	−$103,366
Street	this home 0.0442 · comparable -0.023	+$74,189
Condition	this home 7 · comparable 8	−$55,200
Micro-location	this home 0.0788 · comparable 0.0311	+$52,661
Floor area	this home 137 m² · comparable 151.3 m²	−$22,731
Year built	this home 1999 · comparable 1994	+$20,620
Cladding	this home 3 · comparable 2	+$12,129
Distance to beach	this home 4.08 km · comparable 3.59 km	−$11,642
Land size	this home 511 m² · comparable 420 m²	+$7,717
Net adjustment		−$25,623

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.43 km away

Sold for

$1,400,000

Adjusted to this home

$1,421,208

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Micro-location	this home 0.0788 · comparable 0.0223	+$63,280
Condition	this home 7 · comparable 8	−$56,000
Year built	this home 1999 · comparable 1995	+$16,496
Floor area	this home 137 m² · comparable 145 m²	−$12,717
Land size	this home 511 m² · comparable 405 m²	+$8,989
Street	this home 0.0442 · comparable 0.0386	+$6,272
Distance to beach	this home 4.08 km · comparable 3.92 km	−$3,494
Pool	this home 0 · comparable 1	−$1,618
Net adjustment		+$21,208

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

39 Brier Crescent

Sold 16 May 2026 · 0.66 km away

Sold for

$1,302,000

Adjusted to this home

$1,301,217

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Street	this home 0.0442 · comparable -0.0225	+$69,474
Micro-location	this home 0.0788 · comparable 0.0157	+$65,725
Year built	this home 1999 · comparable 2013	−$57,736
Condition	this home 7 · comparable 8	−$52,080
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 3 · comparable 1	+$24,258
Land size	this home 511 m² · comparable 708 m²	−$16,706
Floor area	this home 137 m² · comparable 141 m²	−$6,358
Distance to beach	this home 4.08 km · comparable 4.35 km	+$4,640
Net adjustment		−$783

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

8 Cumberland Drive

Sold 3 June 2026 · 0.59 km away

Sold for

$1,415,000

Adjusted to this home

$1,400,877

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Floor area	this home 137 m² · comparable 167.88 m²	−$49,087
Micro-location	this home 0.0788 · comparable 0.0462	+$36,903
Year built	this home 1999 · comparable 1992	+$28,868
Land size	this home 511 m² · comparable 703 m²	−$16,282
Street	this home 0.0442 · comparable 0.0563	−$13,698
Distance to beach	this home 4.08 km · comparable 3.55 km	−$12,956
Cladding	this home 3 · comparable 2	+$12,129
Net adjustment		−$14,123

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

21 Altissimo Close

Sold 3 February 2026 · 0.51 km away

Sold for

$1,355,000

Adjusted to this home

$1,365,972

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Condition	this home 7 · comparable 9	−$135,500
Micro-location	this home 0.0788 · comparable 0.0315	+$51,274
Street	this home 0.0442 · comparable 0.0085	+$38,699
Floor area	this home 137 m² · comparable 114 m²	+$36,561
Year built	this home 1999 · comparable 1994	+$20,620
Distance to beach	this home 4.08 km · comparable 3.69 km	−$8,992
Land size	this home 511 m² · comparable 413 m²	+$8,310
Net adjustment		+$10,972

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

28 Pristine Court

Sold 8 October 2026 · 0.80 km away

Sold for

$1,170,000

Adjusted to this home

$1,283,606

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Street	this home 0.0442 · comparable -0.0146	+$55,037
Micro-location	this home 0.0788 · comparable 0.0342	+$41,746
Year built	this home 1999 · comparable 1995	+$16,496
Cladding	this home 3 · comparable 2	+$12,129
Distance to beach	this home 4.08 km · comparable 3.54 km	−$10,923
Land size	this home 511 m² · comparable 414 m²	+$8,226
Floor area	this home 137 m² · comparable 141.71 m²	−$7,487
Pool	this home 0 · comparable 1	−$1,618
Net adjustment		+$113,606

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

36 Roundelay Drive

Sold 23 December 2025 · 0.66 km away

Sold for

$1,352,000

Adjusted to this home

$1,320,930

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Condition	this home 7 · comparable 9	−$135,200
Street	this home 0.0442 · comparable -0.023	+$72,683
Micro-location	this home 0.0788 · comparable 0.0287	+$54,188
Floor area	this home 137 m² · comparable 161 m²	−$38,150
Year built	this home 1999 · comparable 1994	+$20,620
Distance to beach	this home 4.08 km · comparable 3.51 km	−$13,352
Land size	this home 511 m² · comparable 415 m²	+$8,141
Net adjustment		−$31,070

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

6 Pristine Court

Sold 30 June 2026 · 0.63 km away

Sold for

$1,220,000

Adjusted to this home

$1,362,578

What we added and subtracted to make this sale comparable to 24 Tracey Crescent
Micro-location	this home 0.0788 · comparable 0.0126	+$64,611
Street	this home 0.0442 · comparable -0.0146	+$57,389
Year built	this home 1999 · comparable 1994	+$20,620
Cladding	this home 3 · comparable 2	+$12,129
Floor area	this home 137 m² · comparable 143.96 m²	−$11,064
Distance to beach	this home 4.08 km · comparable 3.68 km	−$8,315
Land size	this home 511 m² · comparable 426 m²	+$7,208
Net adjustment		+$142,578

A further 11 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 24 Tracey 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 24 Tracey 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 →

24 Tracey Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

31 Roundelay Drive

9 Gainsborough Drive

39 Brier Crescent

8 Cumberland Drive

21 Altissimo Close

28 Pristine Court

36 Roundelay Drive

6 Pristine Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 24 Tracey Crescent sit?