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.

11 Grenada Court

Sold 12 June 2026 · 0.66 km away

Sold for

$1,350,000

Adjusted to this home

$1,371,847

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Micro-location	this home 0.083 · comparable 0.1321	−$53,028
Floor area	this home 168 m² · comparable 118.7 m²	+$51,824
Cladding	this home 3 · comparable 2	+$22,264
Distance to beach	this home 5.16 km · comparable 4.65 km	−$9,088
Land size	this home 550 m² · comparable 295 m²	+$8,976
Year built	this home 2004 · comparable 2002	+$899
Net adjustment		+$21,847

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

41 Gerona Circuit

Sold 26 May 2026 · 0.04 km away

Sold for

$1,410,000

Adjusted to this home

$1,425,960

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Condition	this home 8 · comparable 7	+$56,400
Bedrooms	this home 3 · comparable 4	−$34,032
Floor area	this home 168 m² · comparable 174 m²	−$6,307
Land size	this home 550 m² · comparable 586 m²	−$1,267
Micro-location	this home 0.083 · comparable 0.0822	+$902
Year built	this home 2004 · comparable 2003	+$450
Distance to beach	this home 5.16 km · comparable 5.15 km	−$186
Net adjustment		+$15,960

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

40 Gerona Circuit

Sold 26 May 2026 · 0.12 km away

Sold for

$1,410,000

Adjusted to this home

$1,337,909

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$56,400
Bedrooms	this home 3 · comparable 4	−$34,032
Floor area	this home 168 m² · comparable 188 m²	−$21,024
Micro-location	this home 0.083 · comparable 0.0943	−$12,746
Land size	this home 550 m² · comparable 400 m²	+$5,280
Distance to beach	this home 5.16 km · comparable 5.03 km	−$2,419
Year built	this home 2004 · comparable 2003	+$450
Net adjustment		−$72,091

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.40 km away

Sold for

$1,400,000

Adjusted to this home

$1,428,643

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Micro-location	this home 0.083 · comparable 0.0223	+$67,984
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 168 m² · comparable 145 m²	+$24,178
Distance to beach	this home 5.16 km · comparable 3.92 km	−$23,453
Street	this home 0.0518 · comparable 0.0386	+$14,784
Land size	this home 550 m² · comparable 405 m²	+$5,104
Year built	this home 2004 · comparable 1995	+$4,046
Net adjustment		+$28,643

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

16 Marciana Crescent

Sold 31 July 2026 · 0.24 km away

Sold for

$1,225,000

Adjusted to this home

$1,367,582

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Condition	this home 8 · comparable 6	+$92,982
Cladding	this home 3 · comparable 2	+$21,124
Floor area	this home 168 m² · comparable 147 m²	+$20,945
Street	this home 0.0518 · comparable 0.0317	+$18,689
Micro-location	this home 0.083 · comparable 0.0998	−$15,621
Land size	this home 550 m² · comparable 350 m²	+$6,679
Distance to beach	this home 5.16 km · comparable 4.96 km	−$3,069
Year built	this home 2004 · comparable 2002	+$853
Net adjustment		+$142,582

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

38 Palma Crescent

Sold 9 January 2026 · 0.12 km away

Sold for

$1,350,000

Adjusted to this home

$1,387,524

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Floor area	this home 168 m² · comparable 147.41 m²	+$21,644
Street	this home 0.0518 · comparable 0.0399	+$12,852
Land size	this home 550 m² · comparable 295 m²	+$8,976
Micro-location	this home 0.083 · comparable 0.0871	−$4,428
Distance to beach	this home 5.16 km · comparable 5.1 km	−$1,070
Year built	this home 2004 · comparable 2005	−$450
Net adjustment		+$37,524

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

34 Gerona Circuit

Sold 1 December 2025 · 0.08 km away

Sold for

$1,280,000

Adjusted to this home

$1,325,687

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Floor area	this home 168 m² · comparable 91.75 m²	+$80,154
Bedrooms	this home 3 · comparable 4	−$34,032
Land size	this home 550 m² · comparable 400 m²	+$5,280
Micro-location	this home 0.083 · comparable 0.0877	−$4,813
Distance to beach	this home 5.16 km · comparable 5.08 km	−$1,352
Year built	this home 2004 · comparable 2003	+$450
Net adjustment		+$45,687

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

49 Lantau Crescent

Sold 21 January 2026 · 0.14 km away

Sold for

$1,475,000

Adjusted to this home

$1,353,481

What we added and subtracted to make this sale comparable to 45 Gerona Circuit
Condition	this home 8 · comparable 9	−$88,500
Street	this home 0.0518 · comparable -0.0071	+$69,502
Pool	this home 0 · comparable 1	−$64,000
Bedrooms	this home 3 · comparable 4	−$34,032
Floor area	this home 168 m² · comparable 176.74 m²	−$9,187
Land size	this home 550 m² · comparable 400 m²	+$5,280
Distance to beach	this home 5.16 km · comparable 5.09 km	−$1,363
Year built	this home 2004 · comparable 2002	+$899
Micro-location	this home 0.083 · comparable 0.0831	−$118
Net adjustment		−$121,519

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 45 Gerona Circuit 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 45 Gerona Circuit 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

18 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 →

45 Gerona Circuit

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

11 Grenada Court

41 Gerona Circuit

40 Gerona Circuit

9 Gainsborough Drive

16 Marciana Crescent

38 Palma Crescent

34 Gerona Circuit

49 Lantau Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 45 Gerona Circuit sit?