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 · 0.64 km away

Sold for

$1,410,000

Adjusted to this home

$1,402,017

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Land size	this home 516 m² · comparable 400 m²	+$36,099
Floor area	this home 144 m² · comparable 188 m²	−$32,701
Micro-location	this home 0.1221 · comparable 0.0943	+$31,358
Street	this home 0.0274 · comparable 0.0518	−$27,523
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.58 km · comparable 5.03 km	+$8,375
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		−$7,983

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

11 Grenada Court

Sold 12 June 2026 · 0.08 km away

Sold for

$1,350,000

Adjusted to this home

$1,428,025

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Land size	this home 516 m² · comparable 295 m²	+$68,775
Floor area	this home 144 m² · comparable 118.7 m²	+$18,803
Micro-location	this home 0.1221 · comparable 0.1321	−$10,800
Distance to beach	this home 4.58 km · comparable 4.65 km	+$1,247
Net adjustment		+$78,025

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

4 Barbie Avenue

Sold 5 August 2026 · 0.81 km away

Sold for

$1,515,000

Adjusted to this home

$1,466,039

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Micro-location	this home 0.1221 · comparable 0.0574	+$78,416
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 2 · comparable 4	−$40,000
Land size	this home 516 m² · comparable 570 m²	−$16,805
Distance to beach	this home 4.58 km · comparable 3.98 km	−$12,144
Year built	this home 2002 · comparable 1999	+$10,774
Floor area	this home 144 m² · comparable 151 m²	−$5,202
Net adjustment		−$48,961

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

13 Saint Paul Crescent

Sold 31 August 2026 · 0.40 km away

Sold for

$1,590,000

Adjusted to this home

$1,433,863

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Floor area	this home 144 m² · comparable 241.24 m²	−$72,269
Storeys	this home 1 · comparable 2	−$42,490
Micro-location	this home 0.1221 · comparable 0.15	−$35,489
Land size	this home 516 m² · comparable 449 m²	+$20,850
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 2002 · comparable 2003	−$3,591
Distance to beach	this home 4.58 km · comparable 4.43 km	−$3,148
Net adjustment		−$156,137

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

41 Gerona Circuit

Sold 26 May 2026 · 0.70 km away

Sold for

$1,410,000

Adjusted to this home

$1,370,422

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Micro-location	this home 0.1221 · comparable 0.0822	+$45,007
Street	this home 0.0274 · comparable 0.0518	−$27,523
Floor area	this home 144 m² · comparable 174 m²	−$22,296
Land size	this home 516 m² · comparable 586 m²	−$21,784
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.58 km · comparable 5.15 km	+$10,609
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		−$39,578

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

22 Mapleton Circuit

Sold 1 June 2026 · 0.76 km away

Sold for

$1,500,000

Adjusted to this home

$1,527,501

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Micro-location	this home 0.1221 · comparable 0.0233	+$118,560
Floor area	this home 144 m² · comparable 213.39 m²	−$51,570
Land size	this home 516 m² · comparable 640 m²	−$38,589
Distance to beach	this home 4.58 km · comparable 4.28 km	−$5,940
Street	this home 0.0274 · comparable 0.0232	+$5,040
Net adjustment		+$27,501

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

8 Morea Court

Sold 27 August 2026 · 0.83 km away

Sold for

$1,230,000

Adjusted to this home

$1,238,109

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Micro-location	this home 0.1221 · comparable 0.0312	+$89,446
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 2 · comparable 3	−$20,000
Land size	this home 516 m² · comparable 473 m²	+$13,382
Distance to beach	this home 4.58 km · comparable 3.93 km	−$10,966
Year built	this home 2002 · comparable 2001	+$3,591
Floor area	this home 144 m² · comparable 148.5 m²	−$3,344
Net adjustment		+$8,109

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

16 Marciana Crescent

Sold 31 July 2026 · 0.49 km away

Sold for

$1,225,000

Adjusted to this home

$1,298,214

What we added and subtracted to make this sale comparable to 39 Majorca Crescent
Land size	this home 516 m² · comparable 350 m²	+$51,659
Micro-location	this home 0.1221 · comparable 0.0998	+$21,854
Distance to beach	this home 4.58 km · comparable 4.96 km	+$6,145
Street	this home 0.0274 · comparable 0.0317	−$4,214
Floor area	this home 144 m² · comparable 147 m²	−$2,230
Net adjustment		+$73,214

A further 10 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 39 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 39 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)

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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

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 →

39 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

11 Grenada Court

4 Barbie Avenue

13 Saint Paul Crescent

41 Gerona Circuit

22 Mapleton Circuit

8 Morea Court

16 Marciana Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 39 Majorca Crescent sit?