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 · 0.22 km away

Sold for

$1,225,000

Adjusted to this home

$1,298,064

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Condition	this home 8 · comparable 6	+$98,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.1238 · comparable 0.0998	+$23,520
Land size	this home 295 m² · comparable 350 m²	−$12,584
Street	this home 0.0274 · comparable 0.0317	−$4,214
Distance to beach	this home 4.76 km · comparable 4.96 km	+$3,234
Floor area	this home 144 m² · comparable 147 m²	−$2,892
Net adjustment		+$73,064

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

11 Grenada Court

Sold 12 June 2026 · 0.22 km away

Sold for

$1,350,000

Adjusted to this home

$1,331,465

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 144 m² · comparable 118.7 m²	+$24,389
Micro-location	this home 0.1238 · comparable 0.1321	−$8,964
Distance to beach	this home 4.76 km · comparable 4.65 km	−$1,960
Net adjustment		−$18,535

A further 13 factors were compared and found the same on both properties, so no money moved.

39 Brier Crescent

Sold 16 May 2026 · 1.05 km away

Sold for

$1,302,000

Adjusted to this home

$1,284,529

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Micro-location	this home 0.1238 · comparable 0.0157	+$112,597
Land size	this home 295 m² · comparable 708 m²	−$94,494
Car spaces	this home 1 · comparable 3	−$64,000
Street	this home 0.0274 · comparable -0.0225	+$51,976
Year built	this home 2002 · comparable 2013	−$32,824
Cladding	this home 2 · comparable 1	+$13,428
Distance to beach	this home 4.76 km · comparable 4.35 km	−$7,046
Floor area	this home 144 m² · comparable 141 m²	+$2,892
Net adjustment		−$17,471

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

41 Gerona Circuit

Sold 26 May 2026 · 0.43 km away

Sold for

$1,410,000

Adjusted to this home

$1,322,701

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Land size	this home 295 m² · comparable 586 m²	−$66,581
Condition	this home 8 · comparable 7	+$56,400
Micro-location	this home 0.1238 · comparable 0.0822	+$46,925
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 144 m² · comparable 174 m²	−$28,920
Street	this home 0.0274 · comparable 0.0518	−$27,523
Bedrooms	this home 3 · comparable 4	−$26,446
Cladding	this home 2 · comparable 3	−$13,428
Distance to beach	this home 4.76 km · comparable 5.15 km	+$7,258
Year built	this home 2002 · comparable 2003	−$2,984
Net adjustment		−$87,299

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

6 Pristine Court

Sold 30 June 2026 · 1.09 km away

Sold for

$1,220,000

Adjusted to this home

$1,312,194

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Micro-location	this home 0.1238 · comparable 0.0126	+$108,531
Street	this home 0.0274 · comparable -0.0146	+$40,992
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 295 m² · comparable 426 m²	−$29,973
Year built	this home 2002 · comparable 1994	+$23,872
Distance to beach	this home 4.76 km · comparable 3.68 km	−$19,266
Floor area	this home 144 m² · comparable 143.96 m²	+$38
Net adjustment		+$92,194

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

13 Acklin Court

Sold 2 September 2026 · 0.60 km away

Sold for

$1,110,000

Adjusted to this home

$1,108,516

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Condition	this home 8 · comparable 7	+$44,400
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.1238 · comparable 0.1014	+$19,891
Land size	this home 295 m² · comparable 375 m²	−$18,304
Cladding	this home 2 · comparable 3	−$13,428
Distance to beach	this home 4.76 km · comparable 4.16 km	−$8,791
Floor area	this home 144 m² · comparable 137 m²	+$6,748
Net adjustment		−$1,484

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

40 Gerona Circuit

Sold 26 May 2026 · 0.36 km away

Sold for

$1,410,000

Adjusted to this home

$1,271,881

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$56,400
Floor area	this home 144 m² · comparable 188 m²	−$42,416
Micro-location	this home 0.1238 · comparable 0.0943	+$33,276
Car spaces	this home 1 · comparable 2	−$32,000
Street	this home 0.0274 · comparable 0.0518	−$27,523
Bedrooms	this home 3 · comparable 4	−$26,446
Land size	this home 295 m² · comparable 400 m²	−$24,024
Cladding	this home 2 · comparable 3	−$13,428
Distance to beach	this home 4.76 km · comparable 5.03 km	+$5,026
Year built	this home 2002 · comparable 2003	−$2,984
Net adjustment		−$138,119

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

4 Pascali Court

Sold 5 August 2026 · 1.10 km away

Sold for

$1,150,000

Adjusted to this home

$1,298,508

What we added and subtracted to make this sale comparable to 5 Majorca Crescent
Micro-location	this home 0.1238 · comparable 0.0123	+$102,580
Condition	this home 8 · comparable 6	+$92,000
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0274 · comparable -0.0364	+$58,696
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 295 m² · comparable 423 m²	−$29,286
Year built	this home 2002 · comparable 1995	+$20,888
Distance to beach	this home 4.76 km · comparable 3.67 km	−$18,368
Floor area	this home 144 m² · comparable 125.33 m²	+$17,998
Net adjustment		+$148,508

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 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 5 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

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 →

5 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

16 Marciana Crescent

11 Grenada Court

39 Brier Crescent

41 Gerona Circuit

6 Pristine Court

13 Acklin Court

40 Gerona Circuit

4 Pascali Court

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