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.

9 Gainsborough Drive

Sold 14 September 2026 · 1.31 km away

Sold for

$1,400,000

Adjusted to this home

$1,401,366

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Condition	this home 6 · comparable 8	−$112,000
Pool	this home 0 · comparable 1	−$82,146
Micro-location	this home 0.0822 · comparable 0.0223	+$67,088
Bedrooms	this home 4 · comparable 3	+$62,146
Land size	this home 500 m² · comparable 405 m²	+$41,800
Year built	this home 2005 · comparable 1995	+$36,920
Distance to beach	this home 5.16 km · comparable 3.92 km	−$23,453
Floor area	this home 153 m² · comparable 145 m²	+$9,555
Street	this home 0.0399 · comparable 0.0386	+$1,456
Net adjustment		+$1,366

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

39 Brier Crescent

Sold 16 May 2026 · 0.91 km away

Sold for

$1,302,000

Adjusted to this home

$1,257,320

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Condition	this home 6 · comparable 8	−$104,160
Land size	this home 500 m² · comparable 708 m²	−$91,520
Micro-location	this home 0.0822 · comparable 0.0157	+$69,266
Street	this home 0.0399 · comparable -0.0225	+$64,996
Bedrooms	this home 4 · comparable 3	+$62,146
Car spaces	this home 2 · comparable 3	−$36,295
Year built	this home 2005 · comparable 2013	−$29,536
Cladding	this home 3 · comparable 1	+$20,011
Floor area	this home 153 m² · comparable 141 m²	+$14,333
Distance to beach	this home 5.16 km · comparable 4.35 km	−$13,921
Net adjustment		−$44,680

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

34 Gerona Circuit

Sold 1 December 2025 · 0.28 km away

Sold for

$1,280,000

Adjusted to this home

$1,282,971

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Condition	this home 6 · comparable 8	−$102,400
Floor area	this home 153 m² · comparable 91.75 m²	+$73,157
Land size	this home 500 m² · comparable 400 m²	+$44,000
Street	this home 0.0399 · comparable 0.0518	−$12,186
Year built	this home 2005 · comparable 2003	+$7,384
Micro-location	this home 0.0822 · comparable 0.0877	−$5,632
Distance to beach	this home 5.16 km · comparable 5.08 km	−$1,352
Net adjustment		+$2,971

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

41 Gerona Circuit

Sold 26 May 2026 · 0.32 km away

Sold for

$1,410,000

Adjusted to this home

$1,284,453

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Condition	this home 6 · comparable 7	−$56,400
Land size	this home 500 m² · comparable 586 m²	−$37,840
Floor area	this home 153 m² · comparable 174 m²	−$25,082
Street	this home 0.0399 · comparable 0.0518	−$13,423
Year built	this home 2005 · comparable 2003	+$7,384
Distance to beach	this home 5.16 km · comparable 5.15 km	−$186
Net adjustment		−$125,547

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

11 Grenada Court

Sold 12 June 2026 · 0.85 km away

Sold for

$1,350,000

Adjusted to this home

$1,393,416

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Condition	this home 6 · comparable 8	−$108,000
Land size	this home 500 m² · comparable 295 m²	+$90,200
Bedrooms	this home 4 · comparable 3	+$62,146
Micro-location	this home 0.0822 · comparable 0.1321	−$53,892
Floor area	this home 153 m² · comparable 118.7 m²	+$40,968
Year built	this home 2005 · comparable 2002	+$11,076
Cladding	this home 3 · comparable 2	+$10,006
Distance to beach	this home 5.16 km · comparable 4.65 km	−$9,088
Net adjustment		+$43,416

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

13 Acklin Court

Sold 2 September 2026 · 1.08 km away

Sold for

$1,110,000

Adjusted to this home

$1,181,230

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$62,146
Land size	this home 500 m² · comparable 375 m²	+$55,000
Condition	this home 6 · comparable 7	−$44,400
Floor area	this home 153 m² · comparable 137 m²	+$19,110
Micro-location	this home 0.0822 · comparable 0.1014	−$17,050
Distance to beach	this home 5.16 km · comparable 4.16 km	−$14,652
Year built	this home 2005 · comparable 2002	+$11,076
Net adjustment		+$71,230

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

40 Gerona Circuit

Sold 26 May 2026 · 0.29 km away

Sold for

$1,410,000

Adjusted to this home

$1,251,543

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Pool	this home 0 · comparable 1	−$82,146
Condition	this home 6 · comparable 7	−$56,400
Land size	this home 500 m² · comparable 400 m²	+$44,000
Floor area	this home 153 m² · comparable 188 m²	−$41,804
Micro-location	this home 0.0822 · comparable 0.0943	−$13,649
Street	this home 0.0399 · comparable 0.0518	−$13,423
Year built	this home 2005 · comparable 2003	+$7,384
Distance to beach	this home 5.16 km · comparable 5.03 km	−$2,419
Net adjustment		−$158,457

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

16 Marciana Crescent

Sold 31 July 2026 · 0.46 km away

Sold for

$1,225,000

Adjusted to this home

$1,368,948

What we added and subtracted to make this sale comparable to 50 Palma Crescent
Land size	this home 500 m² · comparable 350 m²	+$66,000
Bedrooms	this home 4 · comparable 3	+$62,146
Micro-location	this home 0.0822 · comparable 0.0998	−$17,248
Year built	this home 2005 · comparable 2002	+$11,076
Cladding	this home 3 · comparable 2	+$10,006
Street	this home 0.0399 · comparable 0.0317	+$8,036
Floor area	this home 153 m² · comparable 147 m²	+$7,166
Distance to beach	this home 5.16 km · comparable 4.96 km	−$3,234
Net adjustment		+$143,948

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 50 Palma 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 50 Palma 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

19 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 →

50 Palma Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

9 Gainsborough Drive

39 Brier Crescent

34 Gerona Circuit

41 Gerona Circuit

11 Grenada Court

13 Acklin Court

40 Gerona Circuit

16 Marciana Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 50 Palma Crescent sit?