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 · 0.39 km away

Sold for

$1,225,000

Adjusted to this home

$1,228,959

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Floor area	this home 100 m² · comparable 147 m²	−$49,933
Condition	this home 7 · comparable 6	+$49,000
Micro-location	this home 0.0737 · comparable 0.0998	−$25,578
Cladding	this home 3 · comparable 2	+$16,482
Year built	this home 2005 · comparable 2002	+$9,391
Street	this home 0.0399 · comparable 0.0317	+$8,036
Distance to beach	this home 5.19 km · comparable 4.96 km	−$3,719
Land size	this home 400 m² · comparable 350 m²	+$280
Net adjustment		+$3,959

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

39 Brier Crescent

Sold 16 May 2026 · 0.99 km away

Sold for

$1,302,000

Adjusted to this home

$1,288,821

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Street	this home 0.0399 · comparable -0.0225	+$64,996
Micro-location	this home 0.0737 · comparable 0.0157	+$60,413
Condition	this home 7 · comparable 8	−$52,080
Floor area	this home 100 m² · comparable 141 m²	−$43,558
Car spaces	this home 2 · comparable 3	−$34,710
Cladding	this home 3 · comparable 1	+$32,965
Year built	this home 2005 · comparable 2013	−$25,043
Distance to beach	this home 5.19 km · comparable 4.35 km	−$14,437
Land size	this home 400 m² · comparable 708 m²	−$1,725
Net adjustment		−$13,179

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

29 Lantau Crescent

Sold 24 March 2026 · 0.49 km away

Sold for

$1,150,000

Adjusted to this home

$1,140,238

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Bedrooms	this home 3 · comparable 4	−$61,582
Condition	this home 7 · comparable 6	+$46,000
Street	this home 0.0399 · comparable -0.0071	+$43,240
Floor area	this home 100 m² · comparable 137.06 m²	−$39,373
Year built	this home 2005 · comparable 2003	+$6,261
Distance to beach	this home 5.19 km · comparable 5.05 km	−$2,126
Micro-location	this home 0.0737 · comparable 0.0757	−$1,840
Land size	this home 400 m² · comparable 461 m²	−$342
Net adjustment		−$9,762

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

11 Grenada Court

Sold 12 June 2026 · 0.80 km away

Sold for

$1,350,000

Adjusted to this home

$1,229,899

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Micro-location	this home 0.0737 · comparable 0.1321	−$63,072
Condition	this home 7 · comparable 8	−$54,000
Floor area	this home 100 m² · comparable 118.7 m²	−$19,867
Cladding	this home 3 · comparable 2	+$16,482
Distance to beach	this home 5.19 km · comparable 4.65 km	−$9,623
Year built	this home 2005 · comparable 2002	+$9,391
Land size	this home 400 m² · comparable 295 m²	+$588
Net adjustment		−$120,101

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.36 km away

Sold for

$1,400,000

Adjusted to this home

$1,267,574

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Pool	this home 0 · comparable 1	−$94,911
Micro-location	this home 0.0737 · comparable 0.0223	+$57,568
Condition	this home 7 · comparable 8	−$56,000
Floor area	this home 100 m² · comparable 145 m²	−$47,808
Year built	this home 2005 · comparable 1995	+$31,304
Distance to beach	this home 5.19 km · comparable 3.92 km	−$24,007
Street	this home 0.0399 · comparable 0.0386	+$1,456
Land size	this home 400 m² · comparable 405 m²	−$28
Net adjustment		−$132,426

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

3 Dorothy Place

Sold 27 March 2026 · 1.38 km away

Sold for

$1,300,000

Adjusted to this home

$1,275,359

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Pool	this home 0 · comparable 1	−$94,911
Condition	this home 7 · comparable 6	+$52,000
Floor area	this home 100 m² · comparable 129.58 m²	−$31,426
Year built	this home 2005 · comparable 1995	+$31,304
Micro-location	this home 0.0737 · comparable 0.0479	+$26,832
Distance to beach	this home 5.19 km · comparable 3.81 km	−$24,866
Cladding	this home 3 · comparable 2	+$16,482
Land size	this home 400 m² · comparable 410 m²	−$56
Net adjustment		−$24,641

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

41 Gerona Circuit

Sold 26 May 2026 · 0.22 km away

Sold for

$1,410,000

Adjusted to this home

$1,251,263

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Floor area	this home 100 m² · comparable 174 m²	−$78,618
Bedrooms	this home 3 · comparable 4	−$61,582
Street	this home 0.0399 · comparable 0.0518	−$13,423
Micro-location	this home 0.0737 · comparable 0.0822	−$9,588
Year built	this home 2005 · comparable 2003	+$6,261
Land size	this home 400 m² · comparable 586 m²	−$1,042
Distance to beach	this home 5.19 km · comparable 5.15 km	−$745
Net adjustment		−$158,737

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

38 Palma Crescent

Sold 9 January 2026 · 0.12 km away

Sold for

$1,350,000

Adjusted to this home

$1,230,144

What we added and subtracted to make this sale comparable to 37 Palma Crescent
Condition	this home 7 · comparable 8	−$54,000
Floor area	this home 100 m² · comparable 147.41 m²	−$50,368
Micro-location	this home 0.0737 · comparable 0.0871	−$14,472
Distance to beach	this home 5.19 km · comparable 5.1 km	−$1,604
Land size	this home 400 m² · comparable 295 m²	+$588
Net adjustment		−$119,856

A further 13 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 37 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 37 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)

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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

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 →

37 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

39 Brier Crescent

29 Lantau Crescent

11 Grenada Court

9 Gainsborough Drive

3 Dorothy Place

41 Gerona Circuit

38 Palma Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 37 Palma Crescent sit?