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 · 0.33 km away

Sold for

$1,225,000

Adjusted to this home

$1,171,543

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Condition	this home 7 · comparable 6	+$49,000
Floor area	this home 111 m² · comparable 147 m²	−$44,986
Car spaces	this home 1 · comparable 2	−$36,269
Land size	this home 295 m² · comparable 350 m²	−$24,200
Micro-location	this home 0.0895 · comparable 0.0998	−$10,094
Street	this home 0.0399 · comparable 0.0317	+$8,036
Year built	this home 2004 · comparable 2002	+$7,966
Distance to beach	this home 5.14 km · comparable 4.96 km	−$2,910
Net adjustment		−$53,457

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

2 Wattle Street

Sold 16 March 2026 · 1.37 km away

Sold for

$1,100,000

Adjusted to this home

$1,119,962

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Land size	this home 295 m² · comparable 607 m²	−$137,280
Micro-location	this home 0.0895 · comparable -0.0003	+$79,024
Year built	this home 2004 · comparable 1985	+$75,681
Distance to beach	this home 5.14 km · comparable 3.99 km	−$16,750
Bathrooms	this home 2 · comparable 1	+$15,538
Floor area	this home 111 m² · comparable 108 m²	+$3,749
Net adjustment		+$19,962

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

11 Grenada Court

Sold 12 June 2026 · 0.73 km away

Sold for

$1,350,000

Adjusted to this home

$1,203,335

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.0895 · comparable 0.1321	−$46,008
Car spaces	this home 1 · comparable 2	−$36,269
Floor area	this home 111 m² · comparable 118.7 m²	−$9,622
Distance to beach	this home 5.14 km · comparable 4.65 km	−$8,732
Year built	this home 2004 · comparable 2002	+$7,966
Net adjustment		−$146,665

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

29 Lantau Crescent

Sold 24 March 2026 · 0.43 km away

Sold for

$1,150,000

Adjusted to this home

$1,044,088

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Land size	this home 295 m² · comparable 461 m²	−$73,040
Bedrooms	this home 3 · comparable 4	−$56,752
Condition	this home 7 · comparable 6	+$46,000
Street	this home 0.0399 · comparable -0.0071	+$43,240
Car spaces	this home 1 · comparable 2	−$36,269
Floor area	this home 111 m² · comparable 137.06 m²	−$32,565
Micro-location	this home 0.0895 · comparable 0.0757	+$12,696
Cladding	this home 2 · comparable 3	−$11,839
Year built	this home 2004 · comparable 2003	+$3,983
Distance to beach	this home 5.14 km · comparable 5.05 km	−$1,366
Net adjustment		−$105,912

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.33 km away

Sold for

$1,400,000

Adjusted to this home

$1,211,816

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Pool	this home 0 · comparable 1	−$82,676
Micro-location	this home 0.0895 · comparable 0.0223	+$75,264
Condition	this home 7 · comparable 8	−$56,000
Land size	this home 295 m² · comparable 405 m²	−$48,400
Floor area	this home 111 m² · comparable 145 m²	−$42,486
Car spaces	this home 1 · comparable 2	−$36,269
Year built	this home 2004 · comparable 1995	+$35,849
Distance to beach	this home 5.14 km · comparable 3.92 km	−$23,083
Cladding	this home 2 · comparable 3	−$11,839
Street	this home 0.0399 · comparable 0.0386	+$1,456
Net adjustment		−$188,184

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

30 South Bay Drive

Sold 17 June 2026 · 1.24 km away

Sold for

$1,015,000

Adjusted to this home

$966,007

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Land size	this home 295 m² · comparable 125 m²	+$74,800
Storeys	this home 1 · comparable 2	−$69,142
Condition	this home 7 · comparable 8	−$40,600
Micro-location	this home 0.0895 · comparable 0.0432	+$37,595
Year built	this home 2004 · comparable 2010	−$23,899
Street	this home 0.0399 · comparable 0.064	−$19,570
Distance to beach	this home 5.14 km · comparable 4.11 km	−$13,800
Floor area	this home 111 m² · comparable 106.5 m²	+$5,623
Net adjustment		−$48,993

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

13 Acklin Court

Sold 2 September 2026 · 1.01 km away

Sold for

$1,110,000

Adjusted to this home

$977,242

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Car spaces	this home 1 · comparable 2	−$36,269
Land size	this home 295 m² · comparable 375 m²	−$35,200
Floor area	this home 111 m² · comparable 137 m²	−$32,490
Distance to beach	this home 5.14 km · comparable 4.16 km	−$14,359
Cladding	this home 2 · comparable 3	−$11,839
Micro-location	this home 0.0895 · comparable 0.1014	−$10,567
Year built	this home 2004 · comparable 2002	+$7,966
Net adjustment		−$132,758

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

41 Gerona Circuit

Sold 26 May 2026 · 0.18 km away

Sold for

$1,410,000

Adjusted to this home

$1,097,355

What we added and subtracted to make this sale comparable to 30 Palma Crescent
Land size	this home 295 m² · comparable 586 m²	−$128,040
Floor area	this home 111 m² · comparable 174 m²	−$78,725
Bedrooms	this home 3 · comparable 4	−$56,752
Car spaces	this home 1 · comparable 2	−$36,269
Street	this home 0.0399 · comparable 0.0518	−$13,423
Cladding	this home 2 · comparable 3	−$11,839
Micro-location	this home 0.0895 · comparable 0.0822	+$8,234
Year built	this home 2004 · comparable 2003	+$3,983
Distance to beach	this home 5.14 km · comparable 5.15 km	+$186
Net adjustment		−$312,645

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 30 Palma 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 30 Palma 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

19 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 →

30 Palma 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

2 Wattle Street

11 Grenada Court

29 Lantau Crescent

9 Gainsborough Drive

30 South Bay Drive

13 Acklin Court

41 Gerona Circuit

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 30 Palma Crescent sit?