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.

117 Honeyeater Drive

Sold 12 August 2026 · 0.33 km away

Sold for

$1,530,000

Adjusted to this home

$1,472,100

What we added and subtracted to make this sale comparable to 5 Monarch Place
Bedrooms	this home 3 · comparable 4	−$89,821
Micro-location	this home 0.0145 · comparable -0.0132	+$33,905
Floor area	this home 142 m² · comparable 153 m²	−$26,400
Distance to beach	this home 1.89 km · comparable 2.18 km	+$10,006
Land size	this home 444 m² · comparable 430 m²	+$7,986
Year built	this home 1998 · comparable 1993	+$6,424
Net adjustment		−$57,900

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

31 Galeen Drive

Sold 31 August 2026 · 0.32 km away

Sold for

$1,320,000

Adjusted to this home

$1,386,870

What we added and subtracted to make this sale comparable to 5 Monarch Place
Pool	this home 1 · comparable 0	+$47,554
Micro-location	this home 0.0145 · comparable 0.039	−$25,872
Land size	this home 444 m² · comparable 400 m²	+$25,098
Floor area	this home 142 m² · comparable 132.39 m²	+$23,064
Distance to beach	this home 1.89 km · comparable 1.75 km	−$5,544
Year built	this home 1998 · comparable 1996	+$2,570
Net adjustment		+$66,870

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

6 Thornbill Place

Sold 11 July 2026 · 0.32 km away

Sold for

$1,410,000

Adjusted to this home

$1,356,303

What we added and subtracted to make this sale comparable to 5 Monarch Place
Bedrooms	this home 3 · comparable 4	−$89,821
Floor area	this home 142 m² · comparable 126.87 m²	+$36,312
Micro-location	this home 0.0145 · comparable -0.0125	+$30,456
Cladding	this home 2 · comparable 3	−$24,000
Car spaces	this home 2 · comparable 4	−$19,246
Distance to beach	this home 1.89 km · comparable 2.15 km	+$8,460
Year built	this home 1998 · comparable 1993	+$6,424
Land size	this home 444 m² · comparable 448 m²	−$2,282
Net adjustment		−$53,697

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

25 Anthony Drive

Sold 26 May 2026 · 0.49 km away

Sold for

$1,680,000

Adjusted to this home

$1,601,768

What we added and subtracted to make this sale comparable to 5 Monarch Place
Land size	this home 444 m² · comparable 603 m²	−$90,694
Pool	this home 1 · comparable 0	+$47,554
Micro-location	this home 0.0145 · comparable 0.0428	−$38,035
Year built	this home 1998 · comparable 1980	+$23,126
Distance to beach	this home 1.89 km · comparable 1.49 km	−$20,160
Car spaces	this home 2 · comparable 3	−$9,623
Floor area	this home 142 m² · comparable 138 m²	+$9,600
Net adjustment		−$78,232

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

6 Wedgebill Parade

Sold 1.69 km away

Sold for

$1,795,000

Adjusted to this home

$1,512,185

What we added and subtracted to make this sale comparable to 5 Monarch Place
Micro-location	this home 0.0145 · comparable 0.0883	−$105,977
Land size	this home 444 m² · comparable 602 m²	−$90,123
Bedrooms	this home 3 · comparable 4	−$89,821
Floor area	this home 142 m² · comparable 165.7 m²	−$56,880
Pool	this home 1 · comparable 0	+$47,554
Year built	this home 1998 · comparable 1990	+$10,278
Distance to beach	this home 1.89 km · comparable 1.93 km	+$2,154
Net adjustment		−$282,815

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

3 Styer Circuit

Sold 10 April 2026 · 0.33 km away

Sold for

$1,705,000

Adjusted to this home

$1,620,740

What we added and subtracted to make this sale comparable to 5 Monarch Place
Floor area	this home 142 m² · comparable 166 m²	−$57,600
Cladding	this home 2 · comparable 3	−$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Land size	this home 444 m² · comparable 409 m²	+$19,964
Micro-location	this home 0.0145 · comparable 0.0165	−$2,728
Year built	this home 1998 · comparable 1996	+$2,570
Distance to beach	this home 1.89 km · comparable 1.92 km	+$1,534
Net adjustment		−$84,260

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

180 Christine Avenue

Sold 20 July 2026 · 0.87 km away

Sold for

$1,545,000

Adjusted to this home

$1,397,961

What we added and subtracted to make this sale comparable to 5 Monarch Place
Land size	this home 444 m² · comparable 650 m²	−$117,502
Floor area	this home 142 m² · comparable 153 m²	−$26,400
Cladding	this home 2 · comparable 3	−$24,000
Distance to beach	this home 1.89 km · comparable 2.36 km	+$15,110
Year built	this home 1998 · comparable 1989	+$11,563
Micro-location	this home 0.0145 · comparable 0.0192	−$5,810
Net adjustment		−$147,039

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

16 Manakin Avenue

Sold 31 August 2026 · 0.25 km away

Sold for

$1,900,000

Adjusted to this home

$1,575,217

What we added and subtracted to make this sale comparable to 5 Monarch Place
Land size	this home 444 m² · comparable 812 m²	−$209,907
Bedrooms	this home 3 · comparable 4	−$89,821
Floor area	this home 142 m² · comparable 156.04 m²	−$33,696
Cladding	this home 2 · comparable 3	−$24,000
Micro-location	this home 0.0145 · comparable -0.0002	+$22,344
Year built	this home 1998 · comparable 1982	+$20,557
Distance to beach	this home 1.89 km · comparable 1.71 km	−$10,260
Net adjustment		−$324,783

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 Monarch Place 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 Monarch Place over the past 18 months, compared it with Burleigh Waters’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports

Burleigh Waters

Should I Sell Now?

Absorption Rate: 3.3 months

Burleigh Waters

Is Now a Good Time to Buy?

12-Month Median Price: $1,917,500 (interval $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Crash Risk

Queensland Household Spending: $22.3 billion, trending up

Burleigh Waters

Market Overview

12-Month Median Price: $1,917,500 (90% CI $1,850,277 to $1,965,000; n=216)

Burleigh Waters

Houses vs Units

Asking Price, Houses Vs Units (25 September 2026): $1,970,761 vs $1,178,936 (spread $791,824)

Burleigh Waters

Market Direction

12-Month Median Price (Fields Data): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Suburb Comparison

12-Month Median Price (Burleigh Waters): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

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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

13 houses are already on the market in Burleigh Waters.

See the homes buyers can choose from — and the market your home would enter.

See houses for sale in Burleigh Waters →See the Burleigh Waters property market →

5 Monarch Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

117 Honeyeater Drive

31 Galeen Drive

6 Thornbill Place