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.

55 Tours Way

Sold 22 June 2026 · 0.71 km away

Sold for

$1,400,000

Adjusted to this home

$1,387,700

What we added and subtracted to make this sale comparable to 4 Monarch Place
Land size	this home 440 m² · comparable 90 m²	+$199,640
Condition	this home 7 · comparable 9	−$140,000
Micro-location	this home 0.0037 · comparable -0.0439	+$53,312
Floor area	this home 142 m² · comparable 163 m²	−$50,400
Storeys	this home 1 · comparable 2	−$48,000
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1997 · comparable 2007	−$12,848
Distance to beach	this home 1.93 km · comparable 2.28 km	+$9,996
Net adjustment		−$12,300

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

31 Galeen Drive

Sold 31 August 2026 · 0.35 km away

Sold for

$1,320,000

Adjusted to this home

$1,375,560

What we added and subtracted to make this sale comparable to 4 Monarch Place
Condition	this home 7 · comparable 6	+$52,800
Micro-location	this home 0.0037 · comparable 0.039	−$37,277
Floor area	this home 142 m² · comparable 132.39 m²	+$23,064
Land size	this home 440 m² · comparable 400 m²	+$22,816
Distance to beach	this home 1.93 km · comparable 1.75 km	−$7,128
Year built	this home 1997 · comparable 1996	+$1,285
Net adjustment		+$55,560

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

117 Honeyeater Drive

Sold 12 August 2026 · 0.29 km away

Sold for

$1,530,000

Adjusted to this home

$1,405,924

What we added and subtracted to make this sale comparable to 4 Monarch Place
Bedrooms	this home 3 · comparable 4	−$89,821
Pool	this home 0 · comparable 1	−$47,554
Floor area	this home 142 m² · comparable 153 m²	−$26,400
Micro-location	this home 0.0037 · comparable -0.0132	+$20,686
Distance to beach	this home 1.93 km · comparable 2.18 km	+$8,170
Land size	this home 440 m² · comparable 430 m²	+$5,704
Year built	this home 1997 · comparable 1993	+$5,139
Net adjustment		−$124,076

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

6 Thornbill Place

Sold 11 July 2026 · 0.28 km away

Sold for

$1,410,000

Adjusted to this home

$1,291,309

What we added and subtracted to make this sale comparable to 4 Monarch Place
Bedrooms	this home 3 · comparable 4	−$89,821
Pool	this home 0 · comparable 1	−$47,554
Floor area	this home 142 m² · comparable 126.87 m²	+$36,312
Cladding	this home 2 · comparable 3	−$24,000
Car spaces	this home 2 · comparable 4	−$19,246
Micro-location	this home 0.0037 · comparable -0.0125	+$18,274
Distance to beach	this home 1.93 km · comparable 2.15 km	+$6,768
Year built	this home 1997 · comparable 1993	+$5,139
Land size	this home 440 m² · comparable 448 m²	−$4,563
Net adjustment		−$118,691

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

18 Lillie Street

Sold 20 May 2026 · 0.79 km away

Sold for

$1,250,000

Adjusted to this home

$1,418,285

What we added and subtracted to make this sale comparable to 4 Monarch Place
Land size	this home 440 m² · comparable 130 m²	+$176,824
Micro-location	this home 0.0037 · comparable -0.0449	+$48,600
Storeys	this home 1 · comparable 2	−$48,000
Cladding	this home 2 · comparable 3	−$24,000
Floor area	this home 142 m² · comparable 134.04 m²	+$19,104
Year built	this home 1997 · comparable 2009	−$15,418
Distance to beach	this home 1.93 km · comparable 2.38 km	+$11,175
Net adjustment		+$168,285

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

25 Anthony Drive

Sold 26 May 2026 · 0.52 km away

Sold for

$1,680,000

Adjusted to this home

$1,534,118

What we added and subtracted to make this sale comparable to 4 Monarch Place
Land size	this home 440 m² · comparable 603 m²	−$92,975
Micro-location	this home 0.0037 · comparable 0.0428	−$52,550
Distance to beach	this home 1.93 km · comparable 1.49 km	−$22,176
Year built	this home 1997 · comparable 1980	+$21,842
Car spaces	this home 2 · comparable 3	−$9,623
Floor area	this home 142 m² · comparable 138 m²	+$9,600
Net adjustment		−$145,882

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

6 Wedgebill Parade

Sold 1.71 km away

Sold for

$1,795,000

Adjusted to this home

$1,443,402

What we added and subtracted to make this sale comparable to 4 Monarch Place
Micro-location	this home 0.0037 · comparable 0.0883	−$121,486
Land size	this home 440 m² · comparable 602 m²	−$92,405
Bedrooms	this home 3 · comparable 4	−$89,821
Floor area	this home 142 m² · comparable 165.7 m²	−$56,880
Year built	this home 1997 · comparable 1990	+$8,994
Net adjustment		−$351,598

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

16 Manakin Avenue

Sold 31 August 2026 · 0.27 km away

Sold for

$1,900,000

Adjusted to this home

$1,453,536

What we added and subtracted to make this sale comparable to 4 Monarch Place
Land size	this home 440 m² · comparable 812 m²	−$162,050
Condition	this home 7 · comparable 9	−$145,105
Bedrooms	this home 3 · comparable 4	−$68,597
Pool	this home 0 · comparable 1	−$36,317
Floor area	this home 142 m² · comparable 156.04 m²	−$25,734
Cladding	this home 2 · comparable 3	−$18,329
Year built	this home 1997 · comparable 1982	+$14,718
Distance to beach	this home 1.93 km · comparable 1.71 km	−$9,577
Micro-location	this home 0.0037 · comparable -0.0002	+$4,527
Net adjustment		−$446,464

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 4 Monarch Place 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 4 Monarch Place over the past 18 months, compared it with Burleigh Waters’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports

Burleigh Waters

Should I Sell Now?

Absorption Rate: 3.3 months

Burleigh Waters

Is Now a Good Time to Buy?

12-Month Median Price: $1,917,500 (interval $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Crash Risk

Queensland Household Spending: $22.3 billion, trending up

Burleigh Waters

Market Overview

12-Month Median Price: $1,917,500 (90% CI $1,850,277 to $1,965,000; n=216)

Burleigh Waters

Houses vs Units

Asking Price, Houses Vs Units (25 September 2026): $1,970,761 vs $1,178,936 (spread $791,824)

Burleigh Waters

Market Direction

12-Month Median Price (Fields Data): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Suburb Comparison

12-Month Median Price (Burleigh Waters): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

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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

13 houses are already on the market in Burleigh Waters.

See the homes buyers can choose from — and the market your home would enter.

See houses for sale in Burleigh Waters →See the Burleigh Waters property market →

4 Monarch Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

55 Tours Way

31 Galeen Drive

117 Honeyeater Drive

6 Thornbill Place

18 Lillie Street