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 · 0.20 km away

Sold for

$1,410,000

Adjusted to this home

$1,401,042

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Pool	this home 0 · comparable 1	−$82,676
Condition	this home 8 · comparable 7	+$56,400
Floor area	this home 230 m² · comparable 188 m²	+$52,483
Micro-location	this home 0.0775 · comparable 0.0943	−$18,950
Street	this home 0.0399 · comparable 0.0518	−$13,423
Distance to beach	this home 5.18 km · comparable 5.03 km	−$2,792
Net adjustment		−$8,958

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

41 Gerona Circuit

Sold 26 May 2026 · 0.19 km away

Sold for

$1,410,000

Adjusted to this home

$1,435,255

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Land size	this home 400 m² · comparable 586 m²	−$81,840
Floor area	this home 230 m² · comparable 174 m²	+$69,978
Condition	this home 8 · comparable 7	+$56,400
Street	this home 0.0399 · comparable 0.0518	−$13,423
Micro-location	this home 0.0775 · comparable 0.0822	−$5,302
Distance to beach	this home 5.18 km · comparable 5.15 km	−$558
Net adjustment		+$25,255

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

5 Palma Crescent

Sold 27 March 2026 · 0.09 km away

Sold for

$1,395,000

Adjusted to this home

$1,357,068

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Water views	this home 0 · comparable 1	−$119,647
Floor area	this home 230 m² · comparable 172.46 m²	+$71,902
Land size	this home 400 m² · comparable 350 m²	+$22,000
Micro-location	this home 0.0775 · comparable 0.0871	−$10,714
Distance to beach	this home 5.18 km · comparable 5.1 km	−$1,473
Net adjustment		−$37,932

A further 13 factors were compared and found the same on both properties, so no money moved.

39 Brier Crescent

Sold 16 May 2026 · 1.01 km away

Sold for

$1,302,000

Adjusted to this home

$1,397,125

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Land size	this home 400 m² · comparable 708 m²	−$135,520
Floor area	this home 230 m² · comparable 141 m²	+$111,214
Street	this home 0.0399 · comparable -0.0225	+$64,996
Micro-location	this home 0.0775 · comparable 0.0157	+$64,371
Bedrooms	this home 4 · comparable 3	+$56,752
Year built	this home 2003 · comparable 2013	−$39,832
Car spaces	this home 2 · comparable 3	−$36,269
Cladding	this home 3 · comparable 1	+$23,678
Distance to beach	this home 5.18 km · comparable 4.35 km	−$14,265
Net adjustment		+$95,125

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

49 Lantau Crescent

Sold 21 January 2026 · 0.29 km away

Sold for

$1,475,000

Adjusted to this home

$1,421,461

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Condition	this home 8 · comparable 9	−$88,500
Pool	this home 0 · comparable 1	−$82,676
Floor area	this home 230 m² · comparable 176.74 m²	+$66,554
Street	this home 0.0399 · comparable -0.0071	+$55,460
Micro-location	this home 0.0775 · comparable 0.0831	−$6,608
Year built	this home 2003 · comparable 2002	+$3,983
Distance to beach	this home 5.18 km · comparable 5.09 km	−$1,752
Net adjustment		−$53,539

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

8 Mauritius Court

Sold 5 January 2026 · 0.58 km away

Sold for

$1,338,000

Adjusted to this home

$1,340,550

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Floor area	this home 230 m² · comparable 119.88 m²	+$137,606
Condition	this home 8 · comparable 9	−$80,280
Micro-location	this home 0.0775 · comparable 0.1253	−$51,165
Distance to beach	this home 5.18 km · comparable 4.75 km	−$7,594
Year built	this home 2003 · comparable 2002	+$3,983
Net adjustment		+$2,550

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

16 South Bay Drive

Sold 9 July 2026 · 1.32 km away

Sold for

$1,250,000

Adjusted to this home

$1,263,468

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Water views	this home 0 · comparable 1	−$119,647
Land size	this home 400 m² · comparable 188 m²	+$93,280
Floor area	this home 230 m² · comparable 156 m²	+$92,470
Storeys	this home 1 · comparable 2	−$69,142
Bedrooms	this home 4 · comparable 3	+$56,752
Micro-location	this home 0.0775 · comparable 0.0436	+$33,900
Street	this home 0.0399 · comparable 0.064	−$24,100
Year built	this home 2003 · comparable 2009	−$23,899
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 5.18 km · comparable 4.09 km	−$17,985
Cladding	this home 3 · comparable 2	+$11,839
Net adjustment		+$13,468

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

16 Marciana Crescent

Sold 31 July 2026 · 0.36 km away

Sold for

$1,225,000

Adjusted to this home

$1,443,734

What we added and subtracted to make this sale comparable to 33 Palma Crescent
Floor area	this home 230 m² · comparable 147 m²	+$81,338
Condition	this home 8 · comparable 6	+$76,854
Bedrooms	this home 4 · comparable 3	+$44,506
Land size	this home 400 m² · comparable 350 m²	+$17,253
Micro-location	this home 0.0775 · comparable 0.0998	−$17,138
Cladding	this home 3 · comparable 2	+$9,285
Street	this home 0.0399 · comparable 0.0317	+$6,302
Year built	this home 2003 · comparable 2002	+$3,124
Distance to beach	this home 5.18 km · comparable 4.96 km	−$2,790
Net adjustment		+$218,734

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 33 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 33 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

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 →

33 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

40 Gerona Circuit

41 Gerona Circuit

5 Palma Crescent

39 Brier Crescent

49 Lantau Crescent

8 Mauritius Court

16 South Bay Drive

16 Marciana Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 33 Palma Crescent sit?