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.

16 Marciana Crescent

Sold 31 July 2026 · 0.22 km away

Sold for

$1,225,000

Adjusted to this home

$1,296,068

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Condition	this home 7 · comparable 6	+$49,000
Micro-location	this home 0.1238 · comparable 0.0998	+$23,520
Floor area	this home 134 m² · comparable 147 m²	−$12,532
Land size	this home 402 m² · comparable 350 m²	+$11,898
Street	this home 0.0274 · comparable 0.0317	−$4,214
Distance to beach	this home 4.75 km · comparable 4.96 km	+$3,396
Net adjustment		+$71,068

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

11 Grenada Court

Sold 12 June 2026 · 0.22 km away

Sold for

$1,350,000

Adjusted to this home

$1,324,485

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Condition	this home 7 · comparable 8	−$54,000
Land size	this home 402 m² · comparable 295 m²	+$24,482
Floor area	this home 134 m² · comparable 118.7 m²	+$14,749
Micro-location	this home 0.1238 · comparable 0.1321	−$8,964
Distance to beach	this home 4.75 km · comparable 4.65 km	−$1,782
Net adjustment		−$25,515

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

39 Brier Crescent

Sold 16 May 2026 · 1.04 km away

Sold for

$1,302,000

Adjusted to this home

$1,279,462

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Micro-location	this home 0.1238 · comparable 0.0157	+$112,597
Land size	this home 402 m² · comparable 708 m²	−$70,013
Condition	this home 7 · comparable 8	−$52,080
Street	this home 0.0274 · comparable -0.0225	+$51,976
Year built	this home 2002 · comparable 2013	−$32,824
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 2 · comparable 1	+$13,428
Distance to beach	this home 4.75 km · comparable 4.35 km	−$6,874
Floor area	this home 134 m² · comparable 141 m²	−$6,748
Net adjustment		−$22,538

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

41 Gerona Circuit

Sold 26 May 2026 · 0.44 km away

Sold for

$1,410,000

Adjusted to this home

$1,313,330

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Micro-location	this home 0.1238 · comparable 0.0822	+$46,925
Land size	this home 402 m² · comparable 586 m²	−$42,099
Floor area	this home 134 m² · comparable 174 m²	−$38,560
Street	this home 0.0274 · comparable 0.0518	−$27,523
Bedrooms	this home 3 · comparable 4	−$26,446
Cladding	this home 2 · comparable 3	−$13,428
Distance to beach	this home 4.75 km · comparable 5.15 km	+$7,445
Year built	this home 2002 · comparable 2003	−$2,984
Net adjustment		−$96,670

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

14 Windemere Crescent

Sold 10 March 2026 · 1.07 km away

Sold for

$1,350,000

Adjusted to this home

$1,287,588

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Water views	this home 0 · comparable 1	−$139,301
Micro-location	this home 0.1238 · comparable 0.0348	+$96,120
Cladding	this home 2 · comparable 3	−$13,428
Distance to beach	this home 4.75 km · comparable 4.12 km	−$11,226
Floor area	this home 134 m² · comparable 123.36 m²	+$10,257
Street	this home 0.0274 · comparable 0.0323	−$5,292
Land size	this home 402 m² · comparable 400 m²	+$458
Net adjustment		−$62,412

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

13 Acklin Court

Sold 2 September 2026 · 0.59 km away

Sold for

$1,110,000

Adjusted to this home

$1,111,104

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Micro-location	this home 0.1238 · comparable 0.1014	+$19,891
Cladding	this home 2 · comparable 3	−$13,428
Distance to beach	this home 4.75 km · comparable 4.16 km	−$8,645
Land size	this home 402 m² · comparable 375 m²	+$6,178
Floor area	this home 134 m² · comparable 137 m²	−$2,892
Net adjustment		+$1,104

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

40 Gerona Circuit

Sold 26 May 2026 · 0.36 km away

Sold for

$1,410,000

Adjusted to this home

$1,262,508

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 134 m² · comparable 188 m²	−$52,056
Micro-location	this home 0.1238 · comparable 0.0943	+$33,276
Street	this home 0.0274 · comparable 0.0518	−$27,523
Bedrooms	this home 3 · comparable 4	−$26,446
Cladding	this home 2 · comparable 3	−$13,428
Distance to beach	this home 4.75 km · comparable 5.03 km	+$5,211
Year built	this home 2002 · comparable 2003	−$2,984
Land size	this home 402 m² · comparable 400 m²	+$458
Net adjustment		−$147,492

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

4 Pascali Court

Sold 5 August 2026 · 1.09 km away

Sold for

$1,150,000

Adjusted to this home

$1,299,501

What we added and subtracted to make this sale comparable to 3 Majorca Crescent
Micro-location	this home 0.1238 · comparable 0.0123	+$102,580
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0274 · comparable -0.0364	+$58,696
Condition	this home 7 · comparable 6	+$46,000
Year built	this home 2002 · comparable 1995	+$20,888
Distance to beach	this home 4.75 km · comparable 3.67 km	−$18,216
Floor area	this home 134 m² · comparable 125.33 m²	+$8,358
Land size	this home 402 m² · comparable 423 m²	−$4,805
Net adjustment		+$149,501

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 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 3 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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 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

16 Marciana Crescent

11 Grenada Court

39 Brier Crescent

41 Gerona Circuit

14 Windemere Crescent

13 Acklin Court

40 Gerona Circuit

4 Pascali Court

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