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.

45 North Shore Avenue

Sold 22 April 2026 · 0.07 km away

Sold for

$1,700,000

Adjusted to this home

$1,577,513

What we added and subtracted to make this sale comparable to 3 Morea Court
Condition	this home 8 · comparable 9	−$102,000
Floor area	this home 260 m² · comparable 188 m²	+$69,466
Car spaces	this home 2 · comparable 4	−$64,000
Land size	this home 594 m² · comparable 637 m²	−$18,851
Micro-location	this home 0.0298 · comparable 0.0333	−$4,760
Year built	this home 2001 · comparable 2002	−$3,872
Distance to beach	this home 3.94 km · comparable 3.99 km	+$1,530
Net adjustment		−$122,487

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

17 North Shore Avenue

Sold 22 April 2026 · 0.23 km away

Sold for

$1,685,000

Adjusted to this home

$1,649,713

What we added and subtracted to make this sale comparable to 3 Morea Court
Land size	this home 594 m² · comparable 411 m²	+$80,227
Bathrooms	this home 2 · comparable 3	−$62,682
Storeys	this home 1 · comparable 2	−$40,000
Cladding	this home 3 · comparable 1	+$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Floor area	this home 260 m² · comparable 289.47 m²	−$28,433
Micro-location	this home 0.0298 · comparable 0.021	+$11,862
Bedrooms	this home 4 · comparable 5	−$5,778
Distance to beach	this home 3.94 km · comparable 3.99 km	+$1,517
Net adjustment		−$35,287

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

5 Tourangeau Crescent

Sold 17 November 2025 · 0.07 km away

Sold for

$1,451,000

Adjusted to this home

$1,496,853

What we added and subtracted to make this sale comparable to 3 Morea Court
Condition	this home 8 · comparable 9	−$87,060
Land size	this home 594 m² · comparable 400 m²	+$85,050
Floor area	this home 260 m² · comparable 212.8 m²	+$45,538
Bedrooms	this home 4 · comparable 3	+$5,778
Micro-location	this home 0.0298 · comparable 0.033	−$3,714
Distance to beach	this home 3.94 km · comparable 3.95 km	+$261
Net adjustment		+$45,853

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

77 Southlake Drive

Sold 20 November 2025 · 0.88 km away

Sold for

$1,505,000

Adjusted to this home

$1,474,225

What we added and subtracted to make this sale comparable to 3 Morea Court
Water views	this home 0 · comparable 1	−$217,866
Floor area	this home 260 m² · comparable 113.49 m²	+$141,353
Condition	this home 8 · comparable 9	−$90,300
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 2 · comparable 1	+$32,000
Year built	this home 2001 · comparable 1993	+$30,976
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0298 · comparable 0.0379	−$9,752
Bedrooms	this home 4 · comparable 3	+$5,778
Distance to beach	this home 3.94 km · comparable 3.78 km	−$4,334
Land size	this home 594 m² · comparable 600 m²	−$2,630
Net adjustment		−$30,775

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

14 Windemere Crescent

Sold 10 March 2026 · 0.20 km away

Sold for

$1,350,000

Adjusted to this home

$1,467,116

What we added and subtracted to make this sale comparable to 3 Morea Court
Water views	this home 0 · comparable 1	−$217,866
Floor area	this home 260 m² · comparable 123.36 m²	+$131,830
Land size	this home 594 m² · comparable 400 m²	+$85,050
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 8 · comparable 7	+$54,000
Bedrooms	this home 4 · comparable 3	+$5,778
Micro-location	this home 0.0298 · comparable 0.0348	−$5,400
Year built	this home 2001 · comparable 2002	−$3,872
Distance to beach	this home 3.94 km · comparable 4.12 km	+$3,596
Net adjustment		+$117,116

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

8 Morea Court

Sold 27 August 2026 · 0.05 km away

Sold for

$1,230,000

Adjusted to this home

$1,438,221

What we added and subtracted to make this sale comparable to 3 Morea Court
Floor area	this home 260 m² · comparable 148.5 m²	+$107,575
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 594 m² · comparable 473 m²	+$53,046
Condition	this home 8 · comparable 7	+$49,200
Micro-location	this home 0.0298 · comparable 0.0312	−$1,378
Distance to beach	this home 3.94 km · comparable 3.93 km	−$222
Net adjustment		+$208,221

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

22 Mapleton Circuit

Sold 1 June 2026 · 0.36 km away

Sold for

$1,500,000

Adjusted to this home

$1,685,674

What we added and subtracted to make this sale comparable to 3 Morea Court
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 8 · comparable 7	+$60,000
Floor area	this home 260 m² · comparable 213.39 m²	+$44,970
Land size	this home 594 m² · comparable 640 m²	−$20,166
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0298 · comparable 0.0233	+$7,800
Distance to beach	this home 3.94 km · comparable 4.28 km	+$7,164
Bedrooms	this home 4 · comparable 3	+$5,778
Year built	this home 2001 · comparable 2002	−$3,872
Net adjustment		+$185,674

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

28 Pristine Court

Sold 8 October 2026 · 0.58 km away

Sold for

$1,170,000

Adjusted to this home

$1,439,112

What we added and subtracted to make this sale comparable to 3 Morea Court
Floor area	this home 260 m² · comparable 141.71 m²	+$111,155
Land size	this home 594 m² · comparable 414 m²	+$76,858
Condition	this home 8 · comparable 7	+$45,582
Year built	this home 2001 · comparable 1995	+$22,627
Cladding	this home 3 · comparable 2	+$19,479
Distance to beach	this home 3.94 km · comparable 3.54 km	−$8,205
Bedrooms	this home 4 · comparable 3	+$5,627
Micro-location	this home 0.0298 · comparable 0.0342	−$4,011
Net adjustment		+$269,112

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 3 Morea Court 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 Morea Court 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 →

3 Morea Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

45 North Shore Avenue

17 North Shore Avenue

5 Tourangeau Crescent

77 Southlake Drive

14 Windemere Crescent

8 Morea Court

22 Mapleton Circuit

28 Pristine Court

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