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.

39 Honeyeater Drive

Sold 1.72 km away

Sold for

$2,095,000

Adjusted to this home

$2,060,757

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Condition	this home 8 · comparable 9	−$125,700
Bedrooms	this home 4 · comparable 3	+$100,000
Micro-location	this home 0.0244 · comparable 0.0835	−$99,051
Street	this home 0.15 · comparable 0.0962	+$90,169
Distance to beach	this home 2.26 km · comparable 1.28 km	−$55,057
Car spaces	this home 2 · comparable 3	−$36,000
Floor area	this home 200 m² · comparable 160 m²	+$34,528
Year built	this home 1991 · comparable 1986	+$33,456
Cladding	this home 4 · comparable 3	+$24,000
Land size	this home 653 m² · comparable 660 m²	−$588
Net adjustment		−$34,243

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

24 Tropicana Circuit

Sold 6 October 2026 · 0.25 km away

Sold for

$2,100,000

Adjusted to this home

$1,941,248

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Land size	this home 653 m² · comparable 3594 m²	−$247,044
Street	this home 0.15 · comparable 0.0563	+$157,416
Micro-location	this home 0.0244 · comparable 0.0564	−$53,760
Year built	this home 1991 · comparable 1999	−$53,530
Cladding	this home 4 · comparable 3	+$24,000
Floor area	this home 200 m² · comparable 173.08 m²	+$23,238
Distance to beach	this home 2.26 km · comparable 2.02 km	−$9,072
Net adjustment		−$158,752

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

6 Wedgebill Parade

Sold 0.34 km away

Sold for

$1,795,000

Adjusted to this home

$1,989,389

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Pool	this home 1 · comparable 0	+$137,936
Micro-location	this home 0.0244 · comparable 0.0883	−$91,760
Condition	this home 8 · comparable 7	+$71,800
Cladding	this home 4 · comparable 2	+$48,000
Floor area	this home 200 m² · comparable 165.7 m²	+$29,608
Distance to beach	this home 2.26 km · comparable 1.93 km	−$12,170
Year built	this home 1991 · comparable 1990	+$6,691
Land size	this home 653 m² · comparable 602 m²	+$4,284
Net adjustment		+$194,389

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

141 Acanthus Avenue

Sold 21 August 2026 · 0.74 km away

Sold for

$1,850,000

Adjusted to this home

$1,980,579

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Micro-location	this home 0.0244 · comparable 0.15	−$185,888
Pool	this home 1 · comparable 0	+$137,936
Floor area	this home 200 m² · comparable 102 m²	+$84,594
Condition	this home 8 · comparable 7	+$74,000
Distance to beach	this home 2.26 km · comparable 1.54 km	−$34,188
Year built	this home 1991 · comparable 1987	+$26,765
Cladding	this home 4 · comparable 3	+$24,000
Land size	this home 653 m² · comparable 613 m²	+$3,360
Net adjustment		+$130,579

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

132 Acanthus Avenue

Sold 11 June 2026 · 0.65 km away

Sold for

$2,105,000

Adjusted to this home

$2,057,765

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Micro-location	this home 0.0244 · comparable 0.15	−$211,510
Bedrooms	this home 4 · comparable 3	+$100,000
Year built	this home 1991 · comparable 1980	+$73,603
Distance to beach	this home 2.26 km · comparable 1.62 km	−$33,848
Cladding	this home 4 · comparable 3	+$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Floor area	this home 200 m² · comparable 175 m²	+$21,580
Land size	this home 653 m² · comparable 618 m²	+$2,940
Net adjustment		−$47,235

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

11 Tropicana Circuit

Sold 31 July 2026 · 0.23 km away

Sold for

$2,250,000

Adjusted to this home

$2,158,291

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Street	this home 0.15 · comparable 0.0563	+$168,660
Bedrooms	this home 4 · comparable 5	−$100,000
Year built	this home 1991 · comparable 2000	−$60,221
Storeys	this home 1 · comparable 2	−$48,000
Floor area	this home 200 m² · comparable 254 m²	−$46,613
Cladding	this home 4 · comparable 3	+$24,000
Micro-location	this home 0.0244 · comparable 0.0344	−$18,000
Distance to beach	this home 2.26 km · comparable 2.11 km	−$6,075
Land size	this home 653 m² · comparable 718 m²	−$5,460
Net adjustment		−$91,709

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

87 Dunlin Drive

Sold 6 June 2026 · 0.39 km away

Sold for

$1,800,000

Adjusted to this home

$1,946,672

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Condition	this home 8 · comparable 6	+$144,000
Pool	this home 1 · comparable 0	+$137,936
Micro-location	this home 0.0244 · comparable 0.0894	−$93,600
Street	this home 0.15 · comparable 0.1034	+$67,104
Year built	this home 1991 · comparable 1998	−$46,838
Floor area	this home 200 m² · comparable 233 m²	−$28,486
Cladding	this home 4 · comparable 3	+$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Land size	this home 653 m² · comparable 893 m²	−$20,160
Distance to beach	this home 2.26 km · comparable 1.91 km	−$13,284
Net adjustment		+$146,672

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

20 Tropicana Circuit

Sold 18 June 2026 · 0.18 km away

Sold for

$1,780,000

Adjusted to this home

$2,024,659

What we added and subtracted to make this sale comparable to 40 Wedgebill Parade
Condition	this home 8 · comparable 6	+$142,400
Street	this home 0.15 · comparable 0.0563	+$133,429
Year built	this home 1991 · comparable 1999	−$53,530
Cladding	this home 4 · comparable 3	+$24,000
Micro-location	this home 0.0244 · comparable 0.0328	−$11,962
Floor area	this home 200 m² · comparable 188.63 m²	+$9,814
Land size	this home 653 m² · comparable 605 m²	+$4,032
Distance to beach	this home 2.26 km · comparable 2.15 km	−$3,524
Net adjustment		+$244,659

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 40 Wedgebill Parade 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 40 Wedgebill Parade 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

14 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 →

40 Wedgebill Parade

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

39 Honeyeater Drive