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.

6 Wedgebill Parade

Sold 2.04 km away

Sold for

$1,795,000

Adjusted to this home

$1,794,146

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Micro-location	this home 0.0067 · comparable 0.0883	−$117,178
Car spaces	this home 4 · comparable 2	+$110,221
Pool	this home 1 · comparable 0	+$72,000
Condition	this home 6 · comparable 7	−$71,800
Year built	this home 1987 · comparable 1990	−$12,000
Distance to beach	this home 1.74 km · comparable 1.93 km	+$10,231
Floor area	this home 171 m² · comparable 165.7 m²	+$6,000
Land size	this home 640 m² · comparable 602 m²	+$1,672
Net adjustment		−$854

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

16 Manakin Avenue

Sold 31 August 2026 · 0.18 km away

Sold for

$1,900,000

Adjusted to this home

$1,758,365

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Condition	this home 6 · comparable 9	−$266,000
Car spaces	this home 4 · comparable 2	+$110,221
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1987 · comparable 1982	+$20,000
Floor area	this home 171 m² · comparable 156.04 m²	+$16,934
Micro-location	this home 0.0067 · comparable -0.0002	+$10,488
Land size	this home 640 m² · comparable 812 m²	−$7,568
Distance to beach	this home 1.74 km · comparable 1.71 km	−$1,710
Net adjustment		−$141,635

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

13 Palmwood Court

Sold 2.29 km away

Sold for

$1,650,000

Adjusted to this home

$1,707,271

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Condition	this home 6 · comparable 8	−$132,000
Car spaces	this home 4 · comparable 2	+$110,221
Micro-location	this home 0.0067 · comparable -0.0435	+$66,264
Distance to beach	this home 1.74 km · comparable 3.16 km	+$47,322
Cladding	this home 2 · comparable 3	−$24,000
Floor area	this home 171 m² · comparable 185 m²	−$15,848
Year built	this home 1987 · comparable 1984	+$12,000
Land size	this home 640 m² · comparable 792 m²	−$6,688
Net adjustment		+$57,271

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

117 Honeyeater Drive

Sold 12 August 2026 · 0.49 km away

Sold for

$1,530,000

Adjusted to this home

$1,625,886

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Car spaces	this home 4 · comparable 2	+$110,221
Condition	this home 6 · comparable 7	−$61,200
Micro-location	this home 0.0067 · comparable -0.0132	+$24,358
Year built	this home 1987 · comparable 1993	−$24,000
Floor area	this home 171 m² · comparable 153 m²	+$20,376
Distance to beach	this home 1.74 km · comparable 2.18 km	+$16,891
Land size	this home 640 m² · comparable 430 m²	+$9,240
Net adjustment		+$95,886

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

16 Gannet Street

Sold 9 June 2026 · 0.94 km away

Sold for

$1,905,000

Adjusted to this home

$1,820,658

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Car spaces	this home 4 · comparable 2	+$110,221
Condition	this home 6 · comparable 7	−$76,200
Year built	this home 1987 · comparable 1998	−$44,000
Micro-location	this home 0.0067 · comparable 0.0317	−$38,100
Cladding	this home 2 · comparable 3	−$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Distance to beach	this home 1.74 km · comparable 2.09 km	+$17,945
Floor area	this home 171 m² · comparable 178 m²	−$7,924
Land size	this home 640 m² · comparable 601 m²	+$1,716
Net adjustment		−$84,342

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

3 Styer Circuit

Sold 10 April 2026 · 0.70 km away

Sold for

$1,705,000

Adjusted to this home

$1,656,919

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Condition	this home 6 · comparable 9	−$238,700
Bedrooms	this home 4 · comparable 3	+$152,734
Car spaces	this home 4 · comparable 2	+$110,221
Year built	this home 1987 · comparable 1996	−$36,000
Cladding	this home 2 · comparable 3	−$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Micro-location	this home 0.0067 · comparable 0.0165	−$13,367
Land size	this home 640 m² · comparable 409 m²	+$10,164
Distance to beach	this home 1.74 km · comparable 1.92 km	+$9,207
Floor area	this home 171 m² · comparable 166 m²	+$5,660
Net adjustment		−$48,081

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

39 Honeyeater Drive

Sold 0.54 km away

Sold for

$2,095,000

Adjusted to this home

$1,843,488

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Condition	this home 6 · comparable 9	−$293,300
Bedrooms	this home 4 · comparable 3	+$152,734
Micro-location	this home 0.0067 · comparable 0.0835	−$128,717
Car spaces	this home 4 · comparable 3	+$55,110
Distance to beach	this home 1.74 km · comparable 1.28 km	−$28,911
Cladding	this home 2 · comparable 3	−$24,000
Floor area	this home 171 m² · comparable 160 m²	+$12,452
Year built	this home 1987 · comparable 1986	+$4,000
Land size	this home 640 m² · comparable 660 m²	−$880
Net adjustment		−$251,512

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

4 Yerrecoin Place

Sold 1 September 2026 · 0.70 km away

Sold for

$1,500,000

Adjusted to this home

$1,754,373

What we added and subtracted to make this sale comparable to 5 Pipit Parade
Bedrooms	this home 4 · comparable 3	+$152,734
Car spaces	this home 4 · comparable 2	+$110,221
Micro-location	this home 0.0067 · comparable -0.0533	+$72,000
Condition	this home 6 · comparable 7	−$60,000
Floor area	this home 171 m² · comparable 193 m²	−$24,904
Distance to beach	this home 1.74 km · comparable 2.37 km	+$21,690
Year built	this home 1987 · comparable 1990	−$12,000
Land size	this home 640 m² · comparable 762 m²	−$5,368
Net adjustment		+$254,373

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 Pipit Parade 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 Pipit Parade 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 →

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