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.

16 Marciana Crescent

Sold 31 July 2026 · 0.23 km away

Sold for

$1,225,000

Adjusted to this home

$1,129,572

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Floor area	this home 107 m² · comparable 147 m²	−$42,944
Car spaces	this home 1 · comparable 2	−$41,188
Land size	this home 295 m² · comparable 350 m²	−$24,200
Street	this home 0.0518 · comparable 0.0317	+$19,698
Micro-location	this home 0.0902 · comparable 0.0998	−$9,408
Year built	this home 2003 · comparable 2002	+$4,716
Distance to beach	this home 5.09 km · comparable 4.96 km	−$2,102
Net adjustment		−$95,428

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

11 Grenada Court

Sold 12 June 2026 · 0.64 km away

Sold for

$1,350,000

Adjusted to this home

$1,139,874

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Condition	this home 6 · comparable 8	−$108,000
Micro-location	this home 0.0902 · comparable 0.1321	−$45,252
Car spaces	this home 1 · comparable 2	−$41,188
Floor area	this home 107 m² · comparable 118.7 m²	−$12,561
Distance to beach	this home 5.09 km · comparable 4.65 km	−$7,841
Year built	this home 2003 · comparable 2002	+$4,716
Net adjustment		−$210,126

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.32 km away

Sold for

$1,400,000

Adjusted to this home

$1,164,473

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Condition	this home 6 · comparable 8	−$105,851
Pool	this home 0 · comparable 1	−$87,069
Micro-location	this home 0.0902 · comparable 0.0223	+$71,873
Land size	this home 295 m² · comparable 405 m²	−$45,742
Car spaces	this home 1 · comparable 2	−$38,926
Floor area	this home 107 m² · comparable 145 m²	−$38,557
Year built	this home 2003 · comparable 1995	+$35,657
Distance to beach	this home 5.09 km · comparable 3.92 km	−$20,942
Cladding	this home 2 · comparable 3	−$19,942
Street	this home 0.0518 · comparable 0.0386	+$13,972
Net adjustment		−$235,527

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

3 Dorothy Place

Sold 27 March 2026 · 1.28 km away

Sold for

$1,300,000

Adjusted to this home

$1,150,413

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Pool	this home 0 · comparable 1	−$92,127
Land size	this home 295 m² · comparable 410 m²	−$50,600
Micro-location	this home 0.0902 · comparable 0.0479	+$43,992
Car spaces	this home 1 · comparable 2	−$41,188
Year built	this home 2003 · comparable 1995	+$37,728
Floor area	this home 107 m² · comparable 129.58 m²	−$24,242
Distance to beach	this home 5.09 km · comparable 3.81 km	−$23,150
Net adjustment		−$149,587

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

2 Wattle Street

Sold 16 March 2026 · 1.40 km away

Sold for

$1,100,000

Adjusted to this home

$1,162,826

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Land size	this home 295 m² · comparable 607 m²	−$137,280
Year built	this home 2003 · comparable 1985	+$84,888
Micro-location	this home 0.0902 · comparable -0.0003	+$79,640
Bathrooms	this home 2 · comparable 1	+$52,677
Distance to beach	this home 5.09 km · comparable 3.99 km	−$16,025
Floor area	this home 107 m² · comparable 108 m²	−$1,074
Net adjustment		+$62,826

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

38 Palma Crescent

Sold 9 January 2026 · 0.05 km away

Sold for

$1,350,000

Adjusted to this home

$1,143,274

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Condition	this home 6 · comparable 8	−$108,000
Floor area	this home 107 m² · comparable 147.41 m²	−$43,384
Car spaces	this home 1 · comparable 2	−$41,188
Cladding	this home 2 · comparable 3	−$21,100
Street	this home 0.0518 · comparable 0.0399	+$12,852
Year built	this home 2003 · comparable 2005	−$9,432
Micro-location	this home 0.0902 · comparable 0.0871	+$3,348
Distance to beach	this home 5.09 km · comparable 5.1 km	+$178
Net adjustment		−$206,726

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

4 Barbie Avenue

Sold 5 August 2026 · 1.12 km away

Sold for

$1,515,000

Adjusted to this home

$1,119,627

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Condition	this home 6 · comparable 9	−$127,377
Car spaces	this home 1 · comparable 4	−$74,206
Land size	this home 295 m² · comparable 570 m²	−$72,666
Pool	this home 0 · comparable 1	−$55,327
Bedrooms	this home 3 · comparable 4	−$33,870
Floor area	this home 107 m² · comparable 151 m²	−$28,369
Cladding	this home 2 · comparable 4	−$25,343
Micro-location	this home 0.0902 · comparable 0.0574	+$23,874
Distance to beach	this home 5.09 km · comparable 3.98 km	−$13,418
Year built	this home 2003 · comparable 1999	+$11,329
Net adjustment		−$395,373

A further 7 factors were compared and found the same on both properties, so no money moved.

40 Gerona Circuit

Sold 26 May 2026 · 0.07 km away

Sold for

$1,410,000

Adjusted to this home

$1,081,313

What we added and subtracted to make this sale comparable to 49 Gerona Circuit
Pool	this home 0 · comparable 1	−$74,562
Floor area	this home 107 m² · comparable 188 m²	−$70,382
Condition	this home 6 · comparable 7	−$45,647
Bedrooms	this home 3 · comparable 4	−$45,645
Land size	this home 295 m² · comparable 400 m²	−$37,392
Car spaces	this home 1 · comparable 2	−$33,335
Cladding	this home 2 · comparable 3	−$17,077
Micro-location	this home 0.0902 · comparable 0.0943	−$3,743
Distance to beach	this home 5.09 km · comparable 5.03 km	−$904
Net adjustment		−$328,687

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 49 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 49 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

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 →

49 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

16 Marciana Crescent

11 Grenada Court

9 Gainsborough Drive

3 Dorothy Place

2 Wattle Street

38 Palma Crescent

4 Barbie Avenue

40 Gerona Circuit

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 49 Gerona Circuit sit?