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.

5 Palma Crescent

Sold 27 March 2026 · 0.77 km away

Sold for

$1,395,000

Adjusted to this home

$1,391,903

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Water views	this home 0 · comparable 1	−$145,174
Land size	this home 500 m² · comparable 350 m²	+$54,360
Micro-location	this home 0.13 · comparable 0.0871	+$47,877
Car spaces	this home 3 · comparable 2	+$32,000
Floor area	this home 188 m² · comparable 172.46 m²	+$14,831
Street	this home 0.0274 · comparable 0.0399	−$13,950
Distance to beach	this home 4.57 km · comparable 5.1 km	+$9,759
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		−$3,097

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

40 Gerona Circuit

Sold 26 May 2026 · 0.66 km away

Sold for

$1,410,000

Adjusted to this home

$1,489,149

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$56,400
Micro-location	this home 0.13 · comparable 0.0943	+$40,270
Land size	this home 500 m² · comparable 400 m²	+$36,240
Car spaces	this home 3 · comparable 2	+$32,000
Street	this home 0.0274 · comparable 0.0518	−$27,523
Distance to beach	this home 4.57 km · comparable 5.03 km	+$8,562
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		+$79,149

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

4 Barbie Avenue

Sold 5 August 2026 · 0.82 km away

Sold for

$1,515,000

Adjusted to this home

$1,402,492

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Condition	this home 8 · comparable 9	−$90,900
Micro-location	this home 0.13 · comparable 0.0574	+$87,991
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 188 m² · comparable 151 m²	+$35,313
Car spaces	this home 3 · comparable 4	−$32,000
Land size	this home 500 m² · comparable 570 m²	−$25,368
Cladding	this home 3 · comparable 4	−$20,000
Distance to beach	this home 4.57 km · comparable 3.98 km	−$11,944
Year built	this home 2002 · comparable 1999	+$8,400
Net adjustment		−$112,508

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

13 Saint Paul Crescent

Sold 31 August 2026 · 0.41 km away

Sold for

$1,590,000

Adjusted to this home

$1,404,880

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Condition	this home 8 · comparable 9	−$95,400
Storeys	this home 1 · comparable 2	−$50,910
Floor area	this home 188 m² · comparable 241.24 m²	−$50,812
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.13 · comparable 0.15	−$25,440
Land size	this home 500 m² · comparable 449 m²	+$18,482
Bedrooms	this home 4 · comparable 5	−$7,302
Distance to beach	this home 4.57 km · comparable 4.43 km	−$2,938
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		−$185,120

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

16 South Bay Drive

Sold 9 July 2026 · 0.51 km away

Sold for

$1,250,000

Adjusted to this home

$1,259,108

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Water views	this home 0 · comparable 1	−$145,174
Land size	this home 500 m² · comparable 188 m²	+$113,069
Micro-location	this home 0.13 · comparable 0.0436	+$86,400
Storeys	this home 1 · comparable 2	−$50,910
Street	this home 0.0274 · comparable 0.064	−$36,600
Car spaces	this home 3 · comparable 2	+$32,000
Floor area	this home 188 m² · comparable 156 m²	+$30,541
Cladding	this home 3 · comparable 2	+$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2002 · comparable 2009	−$19,600
Distance to beach	this home 4.57 km · comparable 4.09 km	−$7,920
Bedrooms	this home 4 · comparable 3	+$7,302
Net adjustment		+$9,108

A further 6 factors were compared and found the same on both properties, so no money moved.

41 Gerona Circuit

Sold 26 May 2026 · 0.72 km away

Sold for

$1,410,000

Adjusted to this home

$1,514,986

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Condition	this home 8 · comparable 7	+$56,400
Micro-location	this home 0.13 · comparable 0.0822	+$53,918
Car spaces	this home 3 · comparable 2	+$32,000
Land size	this home 500 m² · comparable 586 m²	−$31,166
Street	this home 0.0274 · comparable 0.0518	−$27,523
Floor area	this home 188 m² · comparable 174 m²	+$13,362
Distance to beach	this home 4.57 km · comparable 5.15 km	+$10,795
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		+$104,986

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

8 Morea Court

Sold 27 August 2026 · 0.81 km away

Sold for

$1,230,000

Adjusted to this home

$1,383,899

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Micro-location	this home 0.13 · comparable 0.0312	+$97,219
Condition	this home 8 · comparable 7	+$49,200
Floor area	this home 188 m² · comparable 148.5 m²	+$37,699
Car spaces	this home 3 · comparable 4	−$32,000
Distance to beach	this home 4.57 km · comparable 3.93 km	−$10,804
Land size	this home 500 m² · comparable 473 m²	+$9,785
Year built	this home 2002 · comparable 2001	+$2,800
Net adjustment		+$153,899

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

16 Marciana Crescent

Sold 31 July 2026 · 0.50 km away

Sold for

$1,225,000

Adjusted to this home

$1,403,658

What we added and subtracted to make this sale comparable to 41 Majorca Crescent
Condition	this home 8 · comparable 6	+$61,981
Land size	this home 500 m² · comparable 350 m²	+$34,381
Floor area	this home 188 m² · comparable 147 m²	+$24,749
Car spaces	this home 3 · comparable 2	+$20,238
Micro-location	this home 0.13 · comparable 0.0998	+$18,718
Cladding	this home 3 · comparable 2	+$12,650
Bedrooms	this home 4 · comparable 3	+$4,618
Distance to beach	this home 4.57 km · comparable 4.96 km	+$3,989
Street	this home 0.0274 · comparable 0.0317	−$2,666
Net adjustment		+$178,658

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 41 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 41 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

16 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 →

41 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

5 Palma Crescent

40 Gerona Circuit

4 Barbie Avenue

13 Saint Paul Crescent

16 South Bay Drive

41 Gerona Circuit

8 Morea Court

16 Marciana Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 41 Majorca Crescent sit?