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.

31 Roundelay Drive

Sold 30 July 2026 · 0.65 km away

Sold for

$1,380,000

Adjusted to this home

$1,730,403

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 420 m²	+$205,449
Street	this home 0.15 · comparable -0.023	+$43,658
Bathrooms	this home 4 · comparable 2	+$23,773
Floor area	this home 268 m² · comparable 151.3 m²	+$19,975
Condition	this home 9 · comparable 8	+$18,927
Car spaces	this home 4 · comparable 2	+$14,630
Pool	this home 1 · comparable 0	+$14,630
Micro-location	this home 0.0613 · comparable 0.0311	+$7,622
Cladding	this home 3 · comparable 2	+$4,572
Distance to beach	this home 4.16 km · comparable 3.59 km	−$2,994
Year built	this home 2010 · comparable 1994	+$161
Net adjustment		+$350,403

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

11 Grenada Court

Sold 12 June 2026 · 0.53 km away

Sold for

$1,350,000

Adjusted to this home

$1,695,279

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 295 m²	+$240,680
Floor area	this home 268 m² · comparable 118.7 m²	+$28,321
Bathrooms	this home 4 · comparable 2	+$26,346
Condition	this home 9 · comparable 8	+$20,519
Micro-location	this home 0.0613 · comparable 0.1321	−$19,370
Car spaces	this home 4 · comparable 2	+$16,213
Pool	this home 1 · comparable 0	+$16,213
Bedrooms	this home 4 · comparable 3	+$8,990
Cladding	this home 3 · comparable 2	+$5,066
Distance to beach	this home 4.16 km · comparable 4.65 km	+$2,212
Year built	this home 2010 · comparable 2002	+$89
Net adjustment		+$345,279

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

25 Pristine Court

Sold 27 July 2026 · 0.65 km away

Sold for

$1,477,500

Adjusted to this home

$1,832,100

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 433 m²	+$192,954
Street	this home 0.15 · comparable -0.0146	+$42,018
Condition	this home 9 · comparable 7	+$31,910
Bathrooms	this home 4 · comparable 2	+$22,461
Floor area	this home 268 m² · comparable 142 m²	+$20,376
Car spaces	this home 4 · comparable 2	+$13,822
Pool	this home 1 · comparable 0	+$13,822
Micro-location	this home 0.0613 · comparable 0.0287	+$8,322
Bedrooms	this home 4 · comparable 3	+$7,664
Cladding	this home 3 · comparable 2	+$4,319
Distance to beach	this home 4.16 km · comparable 3.56 km	−$3,201
Year built	this home 2010 · comparable 1996	+$133
Net adjustment		+$354,600

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

14 Windemere Crescent

Sold 10 March 2026 · 0.44 km away

Sold for

$1,350,000

Adjusted to this home

$1,679,575

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 400 m²	+$210,786
Water views	this home 0 · comparable 1	−$36,030
Condition	this home 9 · comparable 7	+$31,374
Street	this home 0.15 · comparable 0.0323	+$29,542
Floor area	this home 268 m² · comparable 123.36 m²	+$25,171
Bathrooms	this home 4 · comparable 2	+$24,170
Car spaces	this home 4 · comparable 2	+$14,874
Pool	this home 1 · comparable 0	+$14,874
Bedrooms	this home 4 · comparable 3	+$8,247
Micro-location	this home 0.0613 · comparable 0.0348	+$6,651
Distance to beach	this home 4.16 km · comparable 4.12 km	−$166
Year built	this home 2010 · comparable 2002	+$82
Net adjustment		+$329,575

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

8 Duxton Dr

Sold 20 May 2026 · 0.65 km away

Sold for

$1,468,000

Adjusted to this home

$1,823,483

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 500 m²	+$228,161
Condition	this home 9 · comparable 7	+$38,679
Bathrooms	this home 4 · comparable 2	+$27,402
Car spaces	this home 4 · comparable 2	+$16,863
Pool	this home 1 · comparable 0	+$16,863
Floor area	this home 268 m² · comparable 185.4 m²	+$16,297
Micro-location	this home 0.0613 · comparable 0.0239	+$11,573
Distance to beach	this home 4.16 km · comparable 4.07 km	−$459
Year built	this home 2010 · comparable 2001	+$104
Net adjustment		+$355,483

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 · 0.08 km away

Sold for

$1,250,000

Adjusted to this home

$1,555,574

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 188 m²	+$230,960
Water views	this home 0 · comparable 1	−$36,022
Bathrooms	this home 4 · comparable 2	+$24,165
Street	this home 0.15 · comparable 0.064	+$19,982
Floor area	this home 268 m² · comparable 156 m²	+$19,486
Condition	this home 9 · comparable 8	+$17,426
Car spaces	this home 4 · comparable 2	+$14,871
Pool	this home 1 · comparable 0	+$14,871
Storeys	this home 1 · comparable 2	−$12,265
Bedrooms	this home 4 · comparable 3	+$8,246
Cladding	this home 3 · comparable 2	+$4,647
Air conditioning	this home 0 · comparable 1	−$4,647
Micro-location	this home 0.0613 · comparable 0.0436	+$4,113
Distance to beach	this home 4.16 km · comparable 4.09 km	−$269
Year built	this home 2010 · comparable 2009	+$10
Net adjustment		+$305,574

A further 3 factors were compared and found the same on both properties, so no money moved.

3 Avellino Drive

Sold 19 January 2026 · 0.38 km away

Sold for

$1,350,000

Adjusted to this home

$1,674,001

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 350 m²	+$233,738
Condition	this home 9 · comparable 7	+$34,021
Bathrooms	this home 4 · comparable 2	+$26,209
Micro-location	this home 0.0613 · comparable 0.1354	−$20,168
Floor area	this home 268 m² · comparable 181 m²	+$16,417
Car spaces	this home 4 · comparable 2	+$16,129
Pool	this home 1 · comparable 0	+$16,129
Distance to beach	this home 4.16 km · comparable 4.48 km	+$1,437
Year built	this home 2010 · comparable 2002	+$89
Net adjustment		+$324,001

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

8 Morea Court

Sold 27 August 2026 · 0.40 km away

Sold for

$1,230,000

Adjusted to this home

$1,530,825

What we added and subtracted to make this sale comparable to 5 Elizabeth Crescent
Land size	this home 2610 m² · comparable 473 m²	+$205,577
Condition	this home 9 · comparable 7	+$28,831
Bathrooms	this home 4 · comparable 2	+$24,378
Floor area	this home 268 m² · comparable 148.5 m²	+$20,974
Pool	this home 1 · comparable 0	+$15,002
Micro-location	this home 0.0613 · comparable 0.0312	+$6,942
Distance to beach	this home 4.16 km · comparable 3.93 km	−$972
Year built	this home 2010 · comparable 2001	+$93
Net adjustment		+$300,825

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 5 Elizabeth 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 5 Elizabeth 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 →

5 Elizabeth Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

31 Roundelay Drive

11 Grenada Court

25 Pristine Court

14 Windemere Crescent

8 Duxton Dr

16 South Bay Drive

3 Avellino Drive

8 Morea Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 5 Elizabeth Crescent sit?