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.

29 Gordonia Drive

Sold 1.33 km away

Sold for

$1,595,000

Adjusted to this home

$1,551,598

What we added and subtracted to make this sale comparable to 5 Perkins Close
Floor area	this home 166 m² · comparable 226 m²	−$197,040
Micro-location	this home 0.1256 · comparable 0.0116	+$145,464
Distance to beach	this home 7.04 km · comparable 5.73 km	−$23,600
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2009 · comparable 2001	+$19,200
Land size	this home 700 m² · comparable 882 m²	−$7,426
Net adjustment		−$43,402

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

42 Gordonia Drive

Sold 7 May 2026 · 1.28 km away

Sold for

$1,530,000

Adjusted to this home

$1,594,039

What we added and subtracted to make this sale comparable to 5 Perkins Close
Floor area	this home 166 m² · comparable 235 m²	−$226,596
Micro-location	this home 0.1256 · comparable 0.0203	+$128,887
Bedrooms	this home 4 · comparable 3	+$88,000
Pool	this home 1 · comparable 0	+$64,000
Distance to beach	this home 7.04 km · comparable 5.77 km	−$21,830
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2009 · comparable 2002	+$16,800
Land size	this home 700 m² · comparable 828 m²	−$5,222
Net adjustment		+$64,039

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

5 Bellatrix Street

Sold 31 March 2026 · 0.35 km away

Sold for

$1,690,000

Adjusted to this home

$1,599,479

What we added and subtracted to make this sale comparable to 5 Perkins Close
Floor area	this home 166 m² · comparable 180 m²	−$45,976
Micro-location	this home 0.1256 · comparable 0.15	−$32,989
Year built	this home 2009 · comparable 2014	−$12,000
Distance to beach	this home 7.04 km · comparable 7.08 km	+$730
Land size	this home 700 m² · comparable 707 m²	−$286
Net adjustment		−$90,521

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

38 Gordonia Drive

Sold 17 February 2026 · 1.30 km away

Sold for

$1,590,000

Adjusted to this home

$1,551,384

What we added and subtracted to make this sale comparable to 5 Perkins Close
Floor area	this home 166 m² · comparable 214 m²	−$157,632
Micro-location	this home 0.1256 · comparable 0.0228	+$130,762
Distance to beach	this home 7.04 km · comparable 5.74 km	−$23,316
Year built	this home 2009 · comparable 2001	+$19,200
Land size	this home 700 m² · comparable 887 m²	−$7,630
Net adjustment		−$38,616

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

116 Barden Ridge Road Reedy Creek

Sold 9 January 2026 · 0.57 km away

Sold for

$1,950,000

Adjusted to this home

$1,664,610

What we added and subtracted to make this sale comparable to 5 Perkins Close
Floor area	this home 166 m² · comparable 208 m²	−$137,928
Bedrooms	this home 4 · comparable 5	−$88,000
Micro-location	this home 0.1256 · comparable 0.1485	−$35,724
Land size	this home 700 m² · comparable 1062 m²	−$14,770
Year built	this home 2009 · comparable 2013	−$9,600
Distance to beach	this home 7.04 km · comparable 7.07 km	+$632
Net adjustment		−$285,390

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

10 Palomar Street Reedy Creek

Sold 23 January 2026 · 1.41 km away

Sold for

$1,565,000

Adjusted to this home

$1,624,411

What we added and subtracted to make this sale comparable to 5 Perkins Close
Micro-location	this home 0.1256 · comparable 0.0536	+$90,144
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$55,974
Floor area	this home 166 m² · comparable 179.14 m²	−$43,152
Distance to beach	this home 7.04 km · comparable 7.31 km	+$4,563
Land size	this home 700 m² · comparable 763 m²	−$2,570
Year built	this home 2009 · comparable 2008	+$2,400
Net adjustment		+$59,411

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

11 Koolang Crescent Reedy Creek

Sold 27 November 2025 · 0.75 km away

Sold for

$1,748,000

Adjusted to this home

$1,763,062

What we added and subtracted to make this sale comparable to 5 Perkins Close
Micro-location	this home 0.1256 · comparable 0.0297	+$134,106
Floor area	this home 166 m² · comparable 187.28 m²	−$69,883
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$55,974
Year built	this home 2009 · comparable 2006	+$7,200
Land size	this home 700 m² · comparable 728 m²	−$1,142
Distance to beach	this home 7.04 km · comparable 7.08 km	+$755
Net adjustment		+$15,062

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

20 Barton Street

Sold 10 June 2026 · 0.94 km away

Sold for

$1,907,500

Adjusted to this home

$1,623,320

What we added and subtracted to make this sale comparable to 5 Perkins Close
Floor area	this home 166 m² · comparable 274 m²	−$354,672
Micro-location	this home 0.1256 · comparable 0.0488	+$117,197
Bedrooms	this home 4 · comparable 5	−$88,000
Cladding	this home 3 · comparable 1	+$40,000
Year built	this home 2009 · comparable 2004	+$12,000
Distance to beach	this home 7.04 km · comparable 6.76 km	−$5,768
Land size	this home 700 m² · comparable 821 m²	−$4,937
Net adjustment		−$284,180

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 5 Perkins Close 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 Perkins Close over the past 18 months, compared it with Reedy Creek’s wider market, and examined the indicators most likely to reveal what happens next.

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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

5 Perkins Close

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

29 Gordonia Drive

42 Gordonia Drive

5 Bellatrix Street

38 Gordonia Drive

116 Barden Ridge Road Reedy Creek

10 Palomar Street Reedy Creek

11 Koolang Crescent Reedy Creek

20 Barton Street

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

Your home

See your home the way a buyer does

34 Willow Tree Drive

9 Southern Skies Avenue

12 Grove Creek Close

14 Worchester Terrace

14 Gordonia Drive

148 Barden Ridge Road

25 Culgoora Crescent

42 Cordyline Drive

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields