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 · 0.89 km away

Sold for

$1,302,000

Adjusted to this home

$1,335,882

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Land size	this home 350 m² · comparable 708 m²	−$157,520
Micro-location	this home 0.0972 · comparable 0.0157	+$84,890
Pool	this home 1 · comparable 0	+$78,601
Street	this home 0.0518 · comparable -0.0225	+$77,391
Car spaces	this home 2 · comparable 3	−$45,919
Year built	this home 2003 · comparable 2013	−$28,000
Floor area	this home 162 m² · comparable 141 m²	+$24,410
Cladding	this home 2 · comparable 1	+$10,513
Distance to beach	this home 4.96 km · comparable 4.35 km	−$10,484
Net adjustment		+$33,882

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

8 Mauritius Court

Sold 5 January 2026 · 0.39 km away

Sold for

$1,338,000

Adjusted to this home

$1,340,930

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Pool	this home 1 · comparable 0	+$78,601
Bedrooms	this home 3 · comparable 4	−$61,131
Floor area	this home 162 m² · comparable 119.88 m²	+$48,960
Micro-location	this home 0.0972 · comparable 0.1253	−$30,078
Land size	this home 350 m² · comparable 400 m²	−$22,000
Cladding	this home 2 · comparable 3	−$10,513
Distance to beach	this home 4.96 km · comparable 4.75 km	−$3,709
Year built	this home 2003 · comparable 2002	+$2,800
Net adjustment		+$2,930

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

16 Marciana Crescent

Sold 31 July 2026 · 0.22 km away

Sold for

$1,225,000

Adjusted to this home

$1,340,987

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Pool	this home 1 · comparable 0	+$78,601
Street	this home 0.0518 · comparable 0.0317	+$19,698
Floor area	this home 162 m² · comparable 147 m²	+$17,436
Year built	this home 2003 · comparable 2002	+$2,800
Micro-location	this home 0.0972 · comparable 0.0998	−$2,548
Net adjustment		+$115,987

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

41 Gerona Circuit

Sold 26 May 2026 · 0.23 km away

Sold for

$1,410,000

Adjusted to this home

$1,319,624

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Land size	this home 350 m² · comparable 586 m²	−$103,840
Pool	this home 1 · comparable 0	+$78,601
Bedrooms	this home 3 · comparable 4	−$61,131
Micro-location	this home 0.0972 · comparable 0.0822	+$16,920
Floor area	this home 162 m² · comparable 174 m²	−$13,949
Cladding	this home 2 · comparable 3	−$10,513
Distance to beach	this home 4.96 km · comparable 5.15 km	+$3,536
Net adjustment		−$90,376

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 · 1.10 km away

Sold for

$1,250,000

Adjusted to this home

$1,232,318

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Water views	this home 0 · comparable 1	−$124,782
Pool	this home 1 · comparable 0	+$78,601
Land size	this home 350 m² · comparable 188 m²	+$71,280
Micro-location	this home 0.0972 · comparable 0.0436	+$53,600
Storeys	this home 1 · comparable 2	−$40,000
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2003 · comparable 2009	−$16,800
Distance to beach	this home 4.96 km · comparable 4.09 km	−$14,355
Street	this home 0.0518 · comparable 0.064	−$12,200
Floor area	this home 162 m² · comparable 156 m²	+$6,974
Net adjustment		−$17,682

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

40 Gerona Circuit

Sold 26 May 2026 · 0.10 km away

Sold for

$1,410,000

Adjusted to this home

$1,290,708

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Bedrooms	this home 3 · comparable 4	−$61,131
Floor area	this home 162 m² · comparable 188 m²	−$30,222
Land size	this home 350 m² · comparable 400 m²	−$22,000
Cladding	this home 2 · comparable 3	−$10,513
Micro-location	this home 0.0972 · comparable 0.0943	+$3,271
Distance to beach	this home 4.96 km · comparable 5.03 km	+$1,303
Net adjustment		−$119,292

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

3 Dorothy Place

Sold 27 March 2026 · 1.15 km away

Sold for

$1,300,000

Adjusted to this home

$1,364,037

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Micro-location	this home 0.0972 · comparable 0.0479	+$51,272
Floor area	this home 162 m² · comparable 129.58 m²	+$37,685
Land size	this home 350 m² · comparable 410 m²	−$26,400
Year built	this home 2003 · comparable 1995	+$22,400
Distance to beach	this home 4.96 km · comparable 3.81 km	−$20,920
Net adjustment		+$64,037

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

5 Palma Crescent

Sold 27 March 2026 · 0.14 km away

Sold for

$1,395,000

Adjusted to this home

$1,292,147

What we added and subtracted to make this sale comparable to 3 Gerona Circuit
Water views	this home 0 · comparable 1	−$124,782
Pool	this home 1 · comparable 0	+$78,601
Bedrooms	this home 3 · comparable 4	−$61,131
Street	this home 0.0518 · comparable 0.0399	+$13,280
Floor area	this home 162 m² · comparable 172.46 m²	−$12,158
Micro-location	this home 0.0972 · comparable 0.0871	+$11,272
Cladding	this home 2 · comparable 3	−$10,513
Distance to beach	this home 4.96 km · comparable 5.1 km	+$2,578
Net adjustment		−$102,853

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 3 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 3 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

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 →

3 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

39 Brier Crescent

8 Mauritius Court

16 Marciana Crescent

41 Gerona Circuit

16 South Bay Drive

40 Gerona Circuit

3 Dorothy Place

5 Palma Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 3 Gerona Circuit sit?