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.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.44 km away

Sold for

$1,590,000

Adjusted to this home

$1,528,155

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Floor area	this home 157 m² · comparable 241.24 m²	−$73,322
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.1258 · comparable 0.15	−$30,782
Storeys	this home 1 · comparable 2	−$20,776
Cladding	this home 2 · comparable 3	−$20,000
Bedrooms	this home 4 · comparable 5	−$17,597
Land size	this home 500 m² · comparable 449 m²	+$15,300
Distance to beach	this home 4.78 km · comparable 4.43 km	−$7,346
Year built	this home 2002 · comparable 2003	−$3,322
Net adjustment		−$61,845

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

4 Barbie Avenue

Sold 5 August 2026 · 0.92 km away

Sold for

$1,515,000

Adjusted to this home

$1,503,946

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Micro-location	this home 0.1258 · comparable 0.0574	+$82,901
Cladding	this home 2 · comparable 4	−$40,000
Car spaces	this home 3 · comparable 4	−$32,000
Land size	this home 500 m² · comparable 570 m²	−$21,000
Distance to beach	this home 4.78 km · comparable 3.98 km	−$16,144
Year built	this home 2002 · comparable 1999	+$9,967
Floor area	this home 157 m² · comparable 151 m²	+$5,222
Net adjustment		−$11,054

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.65 km away

Sold for

$1,570,000

Adjusted to this home

$1,593,782

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Street	this home 0.0274 · comparable 0.15	−$153,986
Condition	this home 9 · comparable 8	+$94,200
Micro-location	this home 0.1258 · comparable 0.0807	+$56,646
Land size	this home 500 m² · comparable 331 m²	+$50,700
Floor area	this home 157 m² · comparable 199 m²	−$36,557
Car spaces	this home 3 · comparable 2	+$32,000
Year built	this home 2002 · comparable 2010	−$26,579
Cladding	this home 2 · comparable 1	+$20,000
Distance to beach	this home 4.78 km · comparable 4.17 km	−$12,642
Net adjustment		+$23,782

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

95 Bayswater Ave

Sold 7 March 2026 · 0.33 km away

Sold for

$1,682,500

Adjusted to this home

$1,585,117

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Floor area	this home 157 m² · comparable 294.19 m²	−$119,410
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 3 · comparable 2	+$32,000
Bathrooms	this home 2 · comparable 3	−$22,850
Storeys	this home 1 · comparable 2	−$20,776
Cladding	this home 2 · comparable 3	−$20,000
Bedrooms	this home 4 · comparable 5	−$17,597
Micro-location	this home 0.1258 · comparable 0.116	+$13,190
Distance to beach	this home 4.78 km · comparable 4.5 km	−$6,218
Land size	this home 500 m² · comparable 488 m²	+$3,600
Year built	this home 2002 · comparable 2003	−$3,322
Net adjustment		−$97,383

A further 6 factors were compared and found the same on both properties, so no money moved.

40 Gerona Circuit

Sold 26 May 2026 · 0.42 km away

Sold for

$1,410,000

Adjusted to this home

$1,575,358

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Condition	this home 9 · comparable 7	+$141,000
Micro-location	this home 0.1258 · comparable 0.0943	+$35,532
Car spaces	this home 3 · comparable 2	+$32,000
Land size	this home 500 m² · comparable 400 m²	+$30,000
Street	this home 0.0274 · comparable 0.0518	−$27,523
Floor area	this home 157 m² · comparable 188 m²	−$26,982
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.78 km · comparable 5.03 km	+$4,653
Year built	this home 2002 · comparable 2003	−$3,322
Net adjustment		+$165,358

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

45 North Shore Avenue

Sold 22 April 2026 · 1.07 km away

Sold for

$1,700,000

Adjusted to this home

$1,540,893

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Street	this home 0.0274 · comparable 0.1355	−$147,016
Micro-location	this home 0.1258 · comparable 0.0333	+$125,800
Land size	this home 500 m² · comparable 637 m²	−$41,100
Car spaces	this home 3 · comparable 4	−$32,000
Floor area	this home 157 m² · comparable 188 m²	−$26,982
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.78 km · comparable 3.99 km	−$17,809
Net adjustment		−$159,107

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

5 Palma Crescent

Sold 27 March 2026 · 0.53 km away

Sold for

$1,395,000

Adjusted to this home

$1,510,374

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Water views	this home 0 · comparable 1	−$107,680
Condition	this home 9 · comparable 8	+$83,700
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 500 m² · comparable 350 m²	+$45,000
Micro-location	this home 0.1258 · comparable 0.0871	+$43,189
Car spaces	this home 3 · comparable 2	+$32,000
Cladding	this home 2 · comparable 3	−$20,000
Street	this home 0.0274 · comparable 0.0399	−$13,950
Floor area	this home 157 m² · comparable 172.46 m²	−$13,456
Distance to beach	this home 4.78 km · comparable 5.1 km	+$5,893
Year built	this home 2002 · comparable 2003	−$3,322
Net adjustment		+$115,374

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

13 Kodiak Drive

Sold 24 August 2026 · 0.06 km away

Sold for

$1,820,000

Adjusted to this home

$1,672,901

What we added and subtracted to make this sale comparable to 28 Majorca Crescent
Land size	this home 500 m² · comparable 640 m²	−$42,000
Floor area	this home 157 m² · comparable 202.99 m²	−$40,030
Bathrooms	this home 2 · comparable 3	−$22,850
Storeys	this home 1 · comparable 2	−$20,776
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 2002 · comparable 2003	−$3,322
Distance to beach	this home 4.78 km · comparable 4.84 km	+$1,442
Micro-location	this home 0.1258 · comparable 0.1255	+$437
Net adjustment		−$147,099

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 28 Majorca 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 28 Majorca 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

16 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 →

28 Majorca Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

13 Saint Paul Crescent

4 Barbie Avenue

22 Elizabeth Crescent

95 Bayswater Ave

40 Gerona Circuit

45 North Shore Avenue

5 Palma Crescent

13 Kodiak Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 28 Majorca Crescent sit?