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.

40 Gerona Circuit

Sold 26 May 2026 · 0.46 km away

Sold for

$1,410,000

Adjusted to this home

$1,491,622

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Condition	this home 8 · comparable 7	+$56,400
Land size	this home 530 m² · comparable 400 m²	+$40,456
Micro-location	this home 0.1283 · comparable 0.0943	+$38,352
Street	this home 0.0274 · comparable 0.0518	−$27,523
Floor area	this home 151 m² · comparable 188 m²	−$27,498
Distance to beach	this home 4.76 km · comparable 5.03 km	+$5,026
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		+$81,622

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

5 Palma Crescent

Sold 27 March 2026 · 0.57 km away

Sold for

$1,395,000

Adjusted to this home

$1,399,828

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Water views	this home 0 · comparable 1	−$133,938
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 530 m² · comparable 350 m²	+$56,016
Micro-location	this home 0.1283 · comparable 0.0871	+$45,979
Floor area	this home 151 m² · comparable 172.46 m²	−$15,949
Street	this home 0.0274 · comparable 0.0399	−$13,950
Distance to beach	this home 4.76 km · comparable 5.1 km	+$6,261
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		+$4,828

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

49 Lantau Crescent

Sold 21 January 2026 · 0.41 km away

Sold for

$1,475,000

Adjusted to this home

$1,508,297

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Condition	this home 8 · comparable 9	−$88,500
Micro-location	this home 0.1283 · comparable 0.0831	+$53,336
Street	this home 0.0274 · comparable -0.0071	+$40,710
Land size	this home 530 m² · comparable 400 m²	+$40,456
Floor area	this home 151 m² · comparable 176.74 m²	−$19,130
Distance to beach	this home 4.76 km · comparable 5.09 km	+$6,425
Net adjustment		+$33,297

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

4 Barbie Avenue

Sold 5 August 2026 · 0.92 km away

Sold for

$1,515,000

Adjusted to this home

$1,408,613

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Condition	this home 8 · comparable 9	−$90,900
Micro-location	this home 0.1283 · comparable 0.0574	+$85,931
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 3 · comparable 4	−$20,000
Distance to beach	this home 4.76 km · comparable 3.98 km	−$15,744
Land size	this home 530 m² · comparable 570 m²	−$12,448
Year built	this home 2002 · comparable 1999	+$10,774
Net adjustment		−$106,387

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

13 Saint Paul Crescent

Sold 31 August 2026 · 0.44 km away

Sold for

$1,590,000

Adjusted to this home

$1,411,978

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Condition	this home 8 · comparable 9	−$95,400
Floor area	this home 151 m² · comparable 241.24 m²	−$67,066
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$42,490
Micro-location	this home 0.1283 · comparable 0.15	−$27,602
Land size	this home 530 m² · comparable 449 m²	+$25,207
Bedrooms	this home 4 · comparable 5	−$24,154
Distance to beach	this home 4.76 km · comparable 4.43 km	−$6,926
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		−$178,022

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

41 Gerona Circuit

Sold 26 May 2026 · 0.51 km away

Sold for

$1,410,000

Adjusted to this home

$1,524,024

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 8 · comparable 7	+$56,400
Micro-location	this home 0.1283 · comparable 0.0822	+$52,001
Street	this home 0.0274 · comparable 0.0518	−$27,523
Land size	this home 530 m² · comparable 586 m²	−$17,427
Floor area	this home 151 m² · comparable 174 m²	−$17,094
Distance to beach	this home 4.76 km · comparable 5.15 km	+$7,258
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		+$114,024

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

56 Southlake Drive

Sold 21 July 2026 · 1.07 km away

Sold for

$1,660,000

Adjusted to this home

$1,639,789

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Micro-location	this home 0.1283 · comparable 0.0447	+$111,021
Condition	this home 8 · comparable 9	−$99,600
Year built	this home 2002 · comparable 1993	+$32,321
Street	this home 0.0274 · comparable 0.0515	−$32,005
Car spaces	this home 2 · comparable 3	−$32,000
Land size	this home 530 m² · comparable 432 m²	+$30,498
Distance to beach	this home 4.76 km · comparable 3.76 km	−$23,824
Air conditioning	this home 0 · comparable 1	−$20,000
Floor area	this home 151 m² · comparable 133 m²	+$13,378
Net adjustment		−$20,211

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

13 Kodiak Drive

Sold 24 August 2026 · 0.08 km away

Sold for

$1,820,000

Adjusted to this home

$1,546,597

What we added and subtracted to make this sale comparable to 32 Majorca Crescent
Condition	this home 8 · comparable 9	−$109,200
Storeys	this home 1 · comparable 2	−$42,490
Floor area	this home 151 m² · comparable 202.99 m²	−$38,639
Land size	this home 530 m² · comparable 640 m²	−$34,232
Car spaces	this home 2 · comparable 3	−$32,000
Bathrooms	this home 2 · comparable 3	−$19,250
Micro-location	this home 0.1283 · comparable 0.1255	+$4,077
Year built	this home 2002 · comparable 2003	−$3,591
Distance to beach	this home 4.76 km · comparable 4.84 km	+$1,922
Net adjustment		−$273,403

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 32 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 32 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 →

32 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

40 Gerona Circuit

5 Palma Crescent

49 Lantau Crescent

4 Barbie Avenue

13 Saint Paul Crescent

41 Gerona Circuit

56 Southlake Drive

13 Kodiak Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 32 Majorca Crescent sit?