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 · 0.69 km away

Sold for

$1,302,000

Adjusted to this home

$1,407,414

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Bedrooms	this home 4 · comparable 3	+$130,971
Land size	this home 541 m² · comparable 708 m²	−$73,480
Street	this home 0.0442 · comparable -0.0225	+$69,474
Micro-location	this home 0.0741 · comparable 0.0157	+$60,830
Car spaces	this home 2 · comparable 3	−$52,523
Condition	this home 7 · comparable 8	−$52,080
Floor area	this home 175 m² · comparable 141 m²	+$41,480
Year built	this home 1999 · comparable 2013	−$39,200
Cladding	this home 2 · comparable 1	+$14,958
Distance to beach	this home 4.06 km · comparable 4.35 km	+$4,984
Net adjustment		+$105,414

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

15 Comore Drive

Sold 16 January 2026 · 0.20 km away

Sold for

$1,350,000

Adjusted to this home

$1,399,820

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Condition	this home 7 · comparable 6	+$54,000
Land size	this home 541 m² · comparable 423 m²	+$51,920
Street	this home 0.0442 · comparable 0.0785	−$37,044
Floor area	this home 175 m² · comparable 184 m²	−$10,980
Year built	this home 1999 · comparable 2002	−$8,400
Micro-location	this home 0.0741 · comparable 0.0738	+$324
Net adjustment		+$49,820

A further 12 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

$1,508,279

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Bedrooms	this home 4 · comparable 3	+$130,971
Land size	this home 541 m² · comparable 703 m²	−$71,280
Micro-location	this home 0.0741 · comparable 0.0462	+$31,582
Year built	this home 1999 · comparable 1992	+$19,600
Street	this home 0.0442 · comparable 0.0563	−$13,698
Distance to beach	this home 4.06 km · comparable 3.55 km	−$12,582
Floor area	this home 175 m² · comparable 167.88 m²	+$8,686
Net adjustment		+$93,279

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

16 South Bay Drive

Sold 9 July 2026 · 0.71 km away

Sold for

$1,250,000

Adjusted to this home

$1,296,666

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Land size	this home 541 m² · comparable 188 m²	+$155,320
Bedrooms	this home 4 · comparable 3	+$130,971
Water views	this home 0 · comparable 1	−$123,454
Storeys	this home 1 · comparable 2	−$52,546
Condition	this home 7 · comparable 8	−$50,000
Micro-location	this home 0.0741 · comparable 0.0436	+$30,500
Year built	this home 1999 · comparable 2009	−$28,000
Floor area	this home 175 m² · comparable 156 m²	+$23,180
Air conditioning	this home 0 · comparable 1	−$20,000
Street	this home 0.0442 · comparable 0.064	−$19,800
Distance to beach	this home 4.06 km · comparable 4.09 km	+$495
Net adjustment		+$46,666

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

3 Avellino Drive

Sold 19 January 2026 · 0.70 km away

Sold for

$1,350,000

Adjusted to this home

$1,344,643

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Land size	this home 541 m² · comparable 350 m²	+$84,040
Micro-location	this home 0.0741 · comparable 0.1354	−$66,204
Cladding	this home 2 · comparable 3	−$14,958
Year built	this home 1999 · comparable 2002	−$8,400
Distance to beach	this home 4.06 km · comparable 4.48 km	+$7,485
Floor area	this home 175 m² · comparable 181 m²	−$7,320
Net adjustment		−$5,357

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

31 Roundelay Drive

Sold 30 July 2026 · 0.60 km away

Sold for

$1,380,000

Adjusted to this home

$1,531,337

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Street	this home 0.0442 · comparable -0.023	+$74,189
Condition	this home 7 · comparable 8	−$55,200
Land size	this home 541 m² · comparable 420 m²	+$53,240
Micro-location	this home 0.0741 · comparable 0.0311	+$47,472
Floor area	this home 175 m² · comparable 151.3 m²	+$28,914
Year built	this home 1999 · comparable 1994	+$14,000
Distance to beach	this home 4.06 km · comparable 3.59 km	−$11,278
Net adjustment		+$151,337

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

28 Pristine Court

Sold 8 October 2026 · 0.77 km away

Sold for

$1,170,000

Adjusted to this home

$1,447,588

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Bedrooms	this home 4 · comparable 3	+$114,376
Land size	this home 541 m² · comparable 414 m²	+$48,800
Street	this home 0.0442 · comparable -0.0146	+$48,063
Floor area	this home 175 m² · comparable 141.71 m²	+$35,467
Micro-location	this home 0.0741 · comparable 0.0342	+$32,614
Year built	this home 1999 · comparable 1995	+$9,781
Distance to beach	this home 4.06 km · comparable 3.54 km	−$9,270
Pool	this home 0 · comparable 1	−$2,243
Net adjustment		+$277,588

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

56 Southlake Drive

Sold 21 July 2026 · 0.31 km away

Sold for

$1,660,000

Adjusted to this home

$1,540,813

What we added and subtracted to make this sale comparable to 28 Tracey Crescent
Condition	this home 7 · comparable 9	−$166,000
Car spaces	this home 2 · comparable 3	−$52,523
Floor area	this home 175 m² · comparable 133 m²	+$51,240
Land size	this home 541 m² · comparable 432 m²	+$47,960
Micro-location	this home 0.0741 · comparable 0.0447	+$39,043
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 1999 · comparable 1993	+$16,800
Cladding	this home 2 · comparable 3	−$14,958
Street	this home 0.0442 · comparable 0.0515	−$9,694
Distance to beach	this home 4.06 km · comparable 3.76 km	−$8,486
Pool	this home 0 · comparable 1	−$2,569
Net adjustment		−$119,187

A further 7 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 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 28 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

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 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

39 Brier Crescent

15 Comore Drive

8 Cumberland Drive

16 South Bay Drive

3 Avellino Drive

31 Roundelay Drive

28 Pristine Court

56 Southlake Drive

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