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.

6 Wedgebill Parade

Sold 0.24 km away

Sold for

$1,795,000

Adjusted to this home

$1,775,748

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Floor area	this home 124 m² · comparable 165.7 m²	−$100,080
Micro-location	this home 0.1402 · comparable 0.0883	+$74,528
Year built	this home 1981 · comparable 1990	−$71,338
Car spaces	this home 3 · comparable 2	+$36,000
Cladding	this home 3 · comparable 2	+$24,000
Distance to beach	this home 1.7 km · comparable 1.93 km	+$12,386
Land size	this home 667 m² · comparable 602 m²	+$5,252
Net adjustment		−$19,252

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

13 Palmwood Court

Sold 1.46 km away

Sold for

$1,650,000

Adjusted to this home

$1,659,507

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Micro-location	this home 0.1402 · comparable -0.0435	+$242,484
Floor area	this home 124 m² · comparable 185 m²	−$146,400
Pool	this home 0 · comparable 1	−$72,000
Condition	this home 7 · comparable 8	−$66,000
Distance to beach	this home 1.7 km · comparable 3.16 km	+$49,302
Car spaces	this home 3 · comparable 2	+$36,000
Year built	this home 1981 · comparable 1984	−$23,779
Land size	this home 667 m² · comparable 792 m²	−$10,100
Net adjustment		+$9,507

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

20 Tropicana Circuit

Sold 18 June 2026 · 0.44 km away

Sold for

$1,780,000

Adjusted to this home

$1,696,187

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Floor area	this home 124 m² · comparable 188.63 m²	−$155,112
Micro-location	this home 0.1402 · comparable 0.0328	+$152,938
Year built	this home 1981 · comparable 1999	−$142,675
Pool	this home 0 · comparable 1	−$72,000
Condition	this home 7 · comparable 6	+$71,200
Car spaces	this home 3 · comparable 2	+$36,000
Distance to beach	this home 1.7 km · comparable 2.15 km	+$20,826
Land size	this home 667 m² · comparable 605 m²	+$5,010
Net adjustment		−$83,813

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

141 Acanthus Avenue

Sold 21 August 2026 · 0.17 km away

Sold for

$1,850,000

Adjusted to this home

$1,872,221

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Floor area	this home 124 m² · comparable 102 m²	+$52,800
Year built	this home 1981 · comparable 1987	−$47,558
Car spaces	this home 3 · comparable 2	+$36,000
Micro-location	this home 0.1402 · comparable 0.15	−$14,504
Distance to beach	this home 1.7 km · comparable 1.54 km	−$8,880
Land size	this home 667 m² · comparable 613 m²	+$4,363
Net adjustment		+$22,221

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

10 Oriole Court

Sold 15 March 2026 · 0.43 km away

Sold for

$1,660,000

Adjusted to this home

$1,637,388

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Floor area	this home 124 m² · comparable 218 m²	−$225,600
Bedrooms	this home 4 · comparable 3	+$185,756
Pool	this home 0 · comparable 1	−$72,000
Micro-location	this home 0.1402 · comparable 0.0882	+$69,056
Year built	this home 1981 · comparable 1989	−$63,411
Car spaces	this home 3 · comparable 2	+$36,000
Cladding	this home 3 · comparable 2	+$24,000
Distance to beach	this home 1.7 km · comparable 1.94 km	+$11,952
Land size	this home 667 m² · comparable 523 m²	+$11,635
Net adjustment		−$22,612

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

21A Dunlin Drive

Sold 27 February 2026 · 0.17 km away

Sold for

$1,610,000

Adjusted to this home

$1,637,147

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Bedrooms	this home 4 · comparable 3	+$185,756
Pool	this home 0 · comparable 1	−$72,000
Condition	this home 7 · comparable 8	−$64,400
Micro-location	this home 0.1402 · comparable 0.1078	+$41,731
Year built	this home 1981 · comparable 1986	−$39,632
Car spaces	this home 3 · comparable 4	−$36,000
Distance to beach	this home 1.7 km · comparable 1.88 km	+$8,694
Floor area	this home 124 m² · comparable 121 m²	+$7,200
Land size	this home 667 m² · comparable 719 m²	−$4,202
Net adjustment		+$27,147

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

7 Razorbill Street

Sold 2 July 2026 · 0.82 km away

Sold for

$1,515,700

Adjusted to this home

$1,701,484

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Micro-location	this home 0.1402 · comparable 0.0675	+$88,153
Condition	this home 7 · comparable 6	+$60,628
Car spaces	this home 3 · comparable 2	+$36,000
Floor area	this home 124 m² · comparable 136 m²	−$28,800
Cladding	this home 3 · comparable 2	+$24,000
Distance to beach	this home 1.7 km · comparable 1.89 km	+$8,639
Year built	this home 1981 · comparable 1982	−$7,926
Land size	this home 667 m² · comparable 604 m²	+$5,090
Net adjustment		+$185,784

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

35 Dunlin Drive

Sold 16 December 2025 · 0.82 km away

Sold for

$1,750,000

Adjusted to this home

$1,688,166

What we added and subtracted to make this sale comparable to 4 Parakeet Place
Micro-location	this home 0.1402 · comparable 0.0878	+$73,360
Pool	this home 0 · comparable 1	−$72,000
Floor area	this home 124 m² · comparable 143 m²	−$45,600
Car spaces	this home 3 · comparable 4	−$36,000
Cladding	this home 3 · comparable 2	+$24,000
Year built	this home 1981 · comparable 1983	−$15,853
Distance to beach	this home 1.7 km · comparable 1.84 km	+$7,350
Land size	this home 667 m² · comparable 631 m²	+$2,909
Net adjustment		−$61,834

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 4 Parakeet 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 Parakeet 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 →

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