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 · 1.03 km away

Sold for

$1,302,000

Adjusted to this home

$1,311,352

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Land size	this home 480 m² · comparable 708 m²	−$100,320
Micro-location	this home 0.0811 · comparable 0.0157	+$68,121
Street	this home 0.0399 · comparable -0.0225	+$64,996
Bedrooms	this home 4 · comparable 3	+$56,303
Condition	this home 7 · comparable 8	−$52,080
Floor area	this home 173 m² · comparable 141 m²	+$35,968
Car spaces	this home 2 · comparable 3	−$34,722
Year built	this home 2003 · comparable 2013	−$33,176
Cladding	this home 2 · comparable 1	+$18,355
Distance to beach	this home 5.17 km · comparable 4.35 km	−$14,093
Net adjustment		+$9,352

A further 8 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

$1,328,845

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Land size	this home 480 m² · comparable 586 m²	−$46,640
Cladding	this home 2 · comparable 3	−$18,355
Street	this home 0.0399 · comparable 0.0518	−$13,423
Micro-location	this home 0.0811 · comparable 0.0822	−$1,241
Floor area	this home 173 m² · comparable 174 m²	−$1,124
Distance to beach	this home 5.17 km · comparable 5.15 km	−$372
Net adjustment		−$81,155

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.37 km away

Sold for

$1,400,000

Adjusted to this home

$1,423,084

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Pool	this home 0 · comparable 1	−$93,551
Micro-location	this home 0.0811 · comparable 0.0223	+$65,856
Bedrooms	this home 4 · comparable 3	+$56,303
Condition	this home 7 · comparable 8	−$56,000
Land size	this home 480 m² · comparable 405 m²	+$33,000
Floor area	this home 173 m² · comparable 145 m²	+$31,472
Year built	this home 2003 · comparable 1995	+$26,541
Distance to beach	this home 5.17 km · comparable 3.92 km	−$23,638
Cladding	this home 2 · comparable 3	−$18,355
Street	this home 0.0399 · comparable 0.0386	+$1,456
Net adjustment		+$23,084

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

3 Avellino Drive

Sold 19 January 2026 · 0.86 km away

Sold for

$1,350,000

Adjusted to this home

$1,312,231

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Micro-location	this home 0.0811 · comparable 0.1354	−$58,644
Land size	this home 480 m² · comparable 350 m²	+$57,200
Cladding	this home 2 · comparable 3	−$18,355
Distance to beach	this home 5.17 km · comparable 4.48 km	−$12,296
Floor area	this home 173 m² · comparable 181 m²	−$8,992
Year built	this home 2003 · comparable 2002	+$3,318
Net adjustment		−$37,769

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

34 Gerona Circuit

Sold 1 December 2025 · 0.13 km away

Sold for

$1,280,000

Adjusted to this home

$1,316,505

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Floor area	this home 173 m² · comparable 91.75 m²	+$91,325
Condition	this home 7 · comparable 8	−$51,200
Land size	this home 480 m² · comparable 400 m²	+$35,200
Cladding	this home 2 · comparable 3	−$18,355
Street	this home 0.0399 · comparable 0.0518	−$12,186
Micro-location	this home 0.0811 · comparable 0.0877	−$6,758
Distance to beach	this home 5.17 km · comparable 5.08 km	−$1,521
Net adjustment		+$36,505

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

40 Gerona Circuit

Sold 26 May 2026 · 0.16 km away

Sold for

$1,410,000

Adjusted to this home

$1,285,515

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Pool	this home 0 · comparable 1	−$93,551
Land size	this home 480 m² · comparable 400 m²	+$35,200
Cladding	this home 2 · comparable 3	−$18,355
Floor area	this home 173 m² · comparable 188 m²	−$16,860
Micro-location	this home 0.0811 · comparable 0.0943	−$14,890
Street	this home 0.0399 · comparable 0.0518	−$13,423
Distance to beach	this home 5.17 km · comparable 5.03 km	−$2,606
Net adjustment		−$124,485

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

13 Acklin Court

Sold 2 September 2026 · 1.04 km away

Sold for

$1,110,000

Adjusted to this home

$1,205,106

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$56,303
Land size	this home 480 m² · comparable 375 m²	+$46,200
Floor area	this home 173 m² · comparable 137 m²	+$40,464
Cladding	this home 2 · comparable 3	−$18,355
Micro-location	this home 0.0811 · comparable 0.1014	−$18,026
Distance to beach	this home 5.17 km · comparable 4.16 km	−$14,798
Year built	this home 2003 · comparable 2002	+$3,318
Net adjustment		+$95,106

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

11 Grenada Court

Sold 12 June 2026 · 0.73 km away

Sold for

$1,350,000

Adjusted to this home

$1,433,709

What we added and subtracted to make this sale comparable to 27 Palma Crescent
Land size	this home 480 m² · comparable 295 m²	+$81,400
Floor area	this home 173 m² · comparable 118.7 m²	+$61,034
Bedrooms	this home 4 · comparable 3	+$56,303
Micro-location	this home 0.0811 · comparable 0.1321	−$55,080
Condition	this home 7 · comparable 8	−$54,000
Distance to beach	this home 5.17 km · comparable 4.65 km	−$9,266
Year built	this home 2003 · comparable 2002	+$3,318
Net adjustment		+$83,709

A further 10 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 27 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 27 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 →

27 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

41 Gerona Circuit

9 Gainsborough Drive

3 Avellino Drive

34 Gerona Circuit

40 Gerona Circuit

13 Acklin Court

11 Grenada Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 27 Palma Crescent sit?