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.

117 Honeyeater Drive

Sold 12 August 2026 · 0.35 km away

Sold for

$1,530,000

Adjusted to this home

$1,603,451

What we added and subtracted to make this sale comparable to 3 Monarch Place
Micro-location	this home 0.0162 · comparable -0.0132	+$35,986
Floor area	this home 142 m² · comparable 153 m²	−$26,400
Land size	this home 473 m² · comparable 430 m²	+$24,665
Cladding	this home 3 · comparable 2	+$24,000
Distance to beach	this home 1.89 km · comparable 2.18 km	+$10,006
Year built	this home 1997 · comparable 1993	+$5,194
Net adjustment		+$73,451

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

25 Anthony Drive

Sold 26 May 2026 · 0.50 km away

Sold for

$1,680,000

Adjusted to this home

$1,646,409

What we added and subtracted to make this sale comparable to 3 Monarch Place
Land size	this home 473 m² · comparable 603 m²	−$74,568
Pool	this home 1 · comparable 0	+$49,308
Micro-location	this home 0.0162 · comparable 0.0428	−$35,750
Cladding	this home 3 · comparable 2	+$24,000
Year built	this home 1997 · comparable 1980	+$22,073
Distance to beach	this home 1.89 km · comparable 1.49 km	−$20,160
Floor area	this home 142 m² · comparable 138 m²	+$9,600
Car spaces	this home 2 · comparable 3	−$8,094
Net adjustment		−$33,591

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

3 Styer Circuit

Sold 10 April 2026 · 0.32 km away

Sold for

$1,705,000

Adjusted to this home

$1,662,533

What we added and subtracted to make this sale comparable to 3 Monarch Place
Floor area	this home 142 m² · comparable 166 m²	−$57,600
Land size	this home 473 m² · comparable 409 m²	+$36,710
Air conditioning	this home 0 · comparable 1	−$24,000
Distance to beach	this home 1.89 km · comparable 1.92 km	+$1,534
Year built	this home 1997 · comparable 1996	+$1,298
Micro-location	this home 0.0162 · comparable 0.0165	−$409
Net adjustment		−$42,467

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

6 Wedgebill Parade

Sold 1.68 km away

Sold for

$1,795,000

Adjusted to this home

$1,645,141

What we added and subtracted to make this sale comparable to 3 Monarch Place
Micro-location	this home 0.0162 · comparable 0.0883	−$103,536
Land size	this home 473 m² · comparable 602 m²	−$73,994
Floor area	this home 142 m² · comparable 165.7 m²	−$56,880
Pool	this home 1 · comparable 0	+$49,308
Cladding	this home 3 · comparable 2	+$24,000
Year built	this home 1997 · comparable 1990	+$9,089
Distance to beach	this home 1.89 km · comparable 1.93 km	+$2,154
Net adjustment		−$149,859

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

5 Fulmar Place

Sold 3 August 2026 · 0.62 km away

Sold for

$1,840,000

Adjusted to this home

$1,623,138

What we added and subtracted to make this sale comparable to 3 Monarch Place
Land size	this home 473 m² · comparable 627 m²	−$88,334
Floor area	this home 142 m² · comparable 175 m²	−$79,200
Micro-location	this home 0.0162 · comparable 0.0407	−$36,064
Air conditioning	this home 0 · comparable 1	−$24,000
Distance to beach	this home 1.89 km · comparable 2.18 km	+$12,034
Year built	this home 1997 · comparable 1998	−$1,298
Net adjustment		−$216,862

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

16 Manakin Avenue

Sold 31 August 2026 · 0.26 km away

Sold for

$1,900,000

Adjusted to this home

$1,705,998

What we added and subtracted to make this sale comparable to 3 Monarch Place
Land size	this home 473 m² · comparable 812 m²	−$194,450
Floor area	this home 142 m² · comparable 156.04 m²	−$33,696
Micro-location	this home 0.0162 · comparable -0.0002	+$24,928
Year built	this home 1997 · comparable 1982	+$19,476
Distance to beach	this home 1.89 km · comparable 1.71 km	−$10,260
Net adjustment		−$194,002

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

6 Thornbill Place

Sold 11 July 2026 · 0.33 km away

Sold for

$1,410,000

Adjusted to this home

$1,490,493

What we added and subtracted to make this sale comparable to 3 Monarch Place
Floor area	this home 142 m² · comparable 126.87 m²	+$36,312
Micro-location	this home 0.0162 · comparable -0.0125	+$32,374
Car spaces	this home 2 · comparable 4	−$16,187
Land size	this home 473 m² · comparable 448 m²	+$14,340
Distance to beach	this home 1.89 km · comparable 2.15 km	+$8,460
Year built	this home 1997 · comparable 1993	+$5,194
Net adjustment		+$80,493

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

31 Galeen Drive

Sold 31 August 2026 · 0.30 km away

Sold for

$1,320,000

Adjusted to this home

$1,429,922

What we added and subtracted to make this sale comparable to 3 Monarch Place
Pool	this home 1 · comparable 0	+$49,308
Land size	this home 473 m² · comparable 400 m²	+$41,873
Micro-location	this home 0.0162 · comparable 0.039	−$24,077
Cladding	this home 3 · comparable 2	+$24,000
Floor area	this home 142 m² · comparable 132.39 m²	+$23,064
Distance to beach	this home 1.89 km · comparable 1.75 km	−$5,544
Year built	this home 1997 · comparable 1996	+$1,298
Net adjustment		+$109,922

A further 8 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 Monarch Place 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 Monarch Place over the past 18 months, compared it with Burleigh Waters’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports

Burleigh Waters

Should I Sell Now?

Absorption Rate: 3.3 months

Burleigh Waters

Is Now a Good Time to Buy?

12-Month Median Price: $1,917,500 (interval $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Crash Risk

Queensland Household Spending: $22.3 billion, trending up

Burleigh Waters

Market Overview

12-Month Median Price: $1,917,500 (90% CI $1,850,277 to $1,965,000; n=216)

Burleigh Waters

Houses vs Units

Asking Price, Houses Vs Units (25 September 2026): $1,970,761 vs $1,178,936 (spread $791,824)

Burleigh Waters

Market Direction

12-Month Median Price (Fields Data): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Suburb Comparison

12-Month Median Price (Burleigh Waters): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

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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

13 houses are already on the market in Burleigh Waters.

See the homes buyers can choose from — and the market your home would enter.

See houses for sale in Burleigh Waters →See the Burleigh Waters property market →

3 Monarch Place

Houses for sale nearby

Latest listings & sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

117 Honeyeater Drive

25 Anthony Drive