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 Brier Crescent

Sold 16 May 2026 · 0.97 km away

Sold for

$1,302,000

Adjusted to this home

$1,320,304

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Land size	this home 448 m² · comparable 708 m²	−$114,400
Micro-location	this home 0.0982 · comparable 0.0157	+$85,932
Street	this home 0.0518 · comparable -0.0225	+$77,391
Car spaces	this home 2 · comparable 3	−$45,657
Floor area	this home 176 m² · comparable 141 m²	+$42,280
Year built	this home 2003 · comparable 2013	−$28,000
Cladding	this home 2 · comparable 1	+$11,929
Distance to beach	this home 5 km · comparable 4.35 km	−$11,171
Net adjustment		+$18,304

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

16 Marciana Crescent

Sold 31 July 2026 · 0.17 km away

Sold for

$1,225,000

Adjusted to this home

$1,323,436

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Land size	this home 448 m² · comparable 350 m²	+$43,120
Floor area	this home 176 m² · comparable 147 m²	+$35,032
Street	this home 0.0518 · comparable 0.0317	+$19,698
Year built	this home 2003 · comparable 2002	+$2,800
Micro-location	this home 0.0982 · comparable 0.0998	−$1,568
Distance to beach	this home 5 km · comparable 4.96 km	−$646
Net adjustment		+$98,436

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

8 Mauritius Court

Sold 5 January 2026 · 0.37 km away

Sold for

$1,338,000

Adjusted to this home

$1,324,787

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Floor area	this home 176 m² · comparable 119.88 m²	+$67,793
Bedrooms	this home 3 · comparable 4	−$59,574
Micro-location	this home 0.0982 · comparable 0.1253	−$29,008
Land size	this home 448 m² · comparable 400 m²	+$21,120
Cladding	this home 2 · comparable 3	−$11,929
Distance to beach	this home 5 km · comparable 4.75 km	−$4,415
Year built	this home 2003 · comparable 2002	+$2,800
Net adjustment		−$13,213

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

41 Gerona Circuit

Sold 26 May 2026 · 0.17 km away

Sold for

$1,410,000

Adjusted to this home

$1,301,033

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Land size	this home 448 m² · comparable 586 m²	−$60,720
Bedrooms	this home 3 · comparable 4	−$59,574
Micro-location	this home 0.0982 · comparable 0.0822	+$18,048
Cladding	this home 2 · comparable 3	−$11,929
Distance to beach	this home 5 km · comparable 5.15 km	+$2,792
Floor area	this home 176 m² · comparable 174 m²	+$2,416
Net adjustment		−$108,967

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

3 Dorothy Place

Sold 27 March 2026 · 1.19 km away

Sold for

$1,300,000

Adjusted to this home

$1,350,751

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Pool	this home 0 · comparable 1	−$75,150
Floor area	this home 176 m² · comparable 129.58 m²	+$56,075
Micro-location	this home 0.0982 · comparable 0.0479	+$52,312
Year built	this home 2003 · comparable 1995	+$22,400
Distance to beach	this home 5 km · comparable 3.81 km	−$21,606
Land size	this home 448 m² · comparable 410 m²	+$16,720
Net adjustment		+$50,751

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

16 South Bay Drive

Sold 9 July 2026 · 1.10 km away

Sold for

$1,250,000

Adjusted to this home

$1,215,333

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Water views	this home 0 · comparable 1	−$123,812
Land size	this home 448 m² · comparable 188 m²	+$114,400
Micro-location	this home 0.0982 · comparable 0.0436	+$54,600
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 176 m² · comparable 156 m²	+$24,160
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2003 · comparable 2009	−$16,800
Distance to beach	this home 5 km · comparable 4.09 km	−$15,015
Street	this home 0.0518 · comparable 0.064	−$12,200
Net adjustment		−$34,667

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

40 Gerona Circuit

Sold 26 May 2026 · 0.04 km away

Sold for

$1,410,000

Adjusted to this home

$1,274,928

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Pool	this home 0 · comparable 1	−$75,150
Bedrooms	this home 3 · comparable 4	−$59,574
Land size	this home 448 m² · comparable 400 m²	+$21,120
Floor area	this home 176 m² · comparable 188 m²	−$14,496
Cladding	this home 2 · comparable 3	−$11,929
Micro-location	this home 0.0982 · comparable 0.0943	+$4,399
Distance to beach	this home 5 km · comparable 5.03 km	+$558
Net adjustment		−$135,072

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.24 km away

Sold for

$1,400,000

Adjusted to this home

$1,470,985

What we added and subtracted to make this sale comparable to 46 Gerona Circuit
Micro-location	this home 0.0982 · comparable 0.0223	+$85,008
Pool	this home 0 · comparable 1	−$75,150
Floor area	this home 176 m² · comparable 145 m²	+$37,448
Year built	this home 2003 · comparable 1995	+$22,400
Distance to beach	this home 5 km · comparable 3.92 km	−$20,496
Land size	this home 448 m² · comparable 405 m²	+$18,920
Street	this home 0.0518 · comparable 0.0386	+$14,784
Cladding	this home 2 · comparable 3	−$11,929
Net adjustment		+$70,985

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 46 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 46 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.

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46 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

39 Brier Crescent

16 Marciana Crescent

8 Mauritius Court

41 Gerona Circuit

3 Dorothy Place

16 South Bay Drive

40 Gerona Circuit

9 Gainsborough Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 46 Gerona Circuit sit?