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 · 0.61 km away

Sold for

$1,410,000

Adjusted to this home

$1,409,819

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Land size	this home 721 m² · comparable 400 m²	+$116,330
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 148 m² · comparable 188 m²	−$38,176
Micro-location	this home 0.1201 · comparable 0.0943	+$29,102
Street	this home 0.0274 · comparable 0.0518	−$27,523
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.66 km · comparable 5.03 km	+$6,886
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		−$181

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

41 Gerona Circuit

Sold 26 May 2026 · 0.66 km away

Sold for

$1,410,000

Adjusted to this home

$1,435,658

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Land size	this home 721 m² · comparable 586 m²	+$48,924
Micro-location	this home 0.1201 · comparable 0.0822	+$42,751
Street	this home 0.0274 · comparable 0.0518	−$27,523
Floor area	this home 148 m² · comparable 174 m²	−$24,814
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.66 km · comparable 5.15 km	+$9,120
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		+$25,658

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

14 Windemere Crescent

Sold 10 March 2026 · 0.82 km away

Sold for

$1,350,000

Adjusted to this home

$1,409,184

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Water views	this home 0 · comparable 1	−$145,174
Land size	this home 721 m² · comparable 400 m²	+$116,330
Micro-location	this home 0.1201 · comparable 0.0348	+$92,124
Floor area	this home 148 m² · comparable 123.36 m²	+$23,517
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.66 km · comparable 4.12 km	−$9,623
Bedrooms	this home 4 · comparable 3	+$7,302
Street	this home 0.0274 · comparable 0.0323	−$5,292
Net adjustment		+$59,184

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

3 Avellino Drive

Sold 19 January 2026 · 0.18 km away

Sold for

$1,350,000

Adjusted to this home

$1,413,224

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Land size	this home 721 m² · comparable 350 m²	+$134,450
Floor area	this home 148 m² · comparable 181 m²	−$31,495
Cladding	this home 2 · comparable 3	−$20,000
Micro-location	this home 0.1201 · comparable 0.1354	−$16,524
Distance to beach	this home 4.66 km · comparable 4.48 km	−$3,207
Net adjustment		+$63,224

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

49 Lantau Crescent

Sold 21 January 2026 · 0.56 km away

Sold for

$1,475,000

Adjusted to this home

$1,425,142

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Condition	this home 7 · comparable 9	−$147,500
Land size	this home 721 m² · comparable 400 m²	+$116,330
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.1201 · comparable 0.0831	+$43,660
Street	this home 0.0274 · comparable -0.0071	+$40,710
Floor area	this home 148 m² · comparable 176.74 m²	−$27,430
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.66 km · comparable 5.09 km	+$8,372
Net adjustment		−$49,858

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

8 Morea Court

Sold 27 August 2026 · 0.88 km away

Sold for

$1,230,000

Adjusted to this home

$1,313,410

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Land size	this home 721 m² · comparable 473 m²	+$89,875
Micro-location	this home 0.1201 · comparable 0.0312	+$87,478
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.66 km · comparable 3.93 km	−$12,266
Year built	this home 2002 · comparable 2001	+$2,800
Floor area	this home 148 m² · comparable 148.5 m²	−$477
Net adjustment		+$83,410

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

16 Marciana Crescent

Sold 31 July 2026 · 0.45 km away

Sold for

$1,225,000

Adjusted to this home

$1,383,125

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Land size	this home 721 m² · comparable 350 m²	+$100,171
Condition	this home 7 · comparable 6	+$36,507
Micro-location	this home 0.1201 · comparable 0.0998	+$14,822
Bedrooms	this home 4 · comparable 3	+$5,440
Distance to beach	this home 4.66 km · comparable 4.96 km	+$3,614
Street	this home 0.0274 · comparable 0.0317	−$3,140
Floor area	this home 148 m² · comparable 147 m²	+$711
Net adjustment		+$158,125

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

11 Grenada Court

Sold 12 June 2026 · 0.06 km away

Sold for

$1,350,000

Adjusted to this home

$1,472,510

What we added and subtracted to make this sale comparable to 42 Majorca Crescent
Land size	this home 721 m² · comparable 295 m²	+$154,382
Condition	this home 7 · comparable 8	−$54,000
Floor area	this home 148 m² · comparable 118.7 m²	+$27,964
Micro-location	this home 0.1201 · comparable 0.1321	−$12,960
Bedrooms	this home 4 · comparable 3	+$7,302
Distance to beach	this home 4.66 km · comparable 4.65 km	−$178
Net adjustment		+$122,510

A further 11 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 42 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 42 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 →

42 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

41 Gerona Circuit

14 Windemere Crescent

3 Avellino Drive

49 Lantau Crescent

8 Morea Court

16 Marciana Crescent

11 Grenada Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 42 Majorca Crescent sit?