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.

11 Grenada Court

Sold 12 June 2026 · 0.87 km away

Sold for

$1,350,000

Adjusted to this home

$1,331,255

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$64,577
Micro-location	this home 0.0754 · comparable 0.1321	−$61,236
Condition	this home 7 · comparable 8	−$54,000
Cladding	this home 3 · comparable 2	+$15,579
Year built	this home 2006 · comparable 2002	+$12,765
Floor area	this home 129 m² · comparable 118.7 m²	+$10,506
Distance to beach	this home 5.17 km · comparable 4.65 km	−$9,266
Land size	this home 711 m² · comparable 295 m²	+$2,330
Net adjustment		−$18,745

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.31 km away

Sold for

$1,400,000

Adjusted to this home

$1,371,370

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Pool	this home 0 · comparable 1	−$94,994
Bedrooms	this home 4 · comparable 3	+$64,577
Micro-location	this home 0.0754 · comparable 0.0223	+$59,472
Condition	this home 7 · comparable 8	−$56,000
Year built	this home 2006 · comparable 1995	+$35,103
Distance to beach	this home 5.17 km · comparable 3.92 km	−$23,638
Floor area	this home 129 m² · comparable 145 m²	−$16,320
Land size	this home 711 m² · comparable 405 m²	+$1,714
Street	this home 0.0399 · comparable 0.0386	+$1,456
Net adjustment		−$28,630

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

41 Gerona Circuit

Sold 26 May 2026 · 0.34 km away

Sold for

$1,410,000

Adjusted to this home

$1,352,909

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Floor area	this home 129 m² · comparable 174 m²	−$45,900
Street	this home 0.0399 · comparable 0.0518	−$13,423
Year built	this home 2006 · comparable 2003	+$9,574
Micro-location	this home 0.0754 · comparable 0.0822	−$7,670
Land size	this home 711 m² · comparable 586 m²	+$700
Distance to beach	this home 5.17 km · comparable 5.15 km	−$372
Net adjustment		−$57,091

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

16 Marciana Crescent

Sold 31 July 2026 · 0.48 km away

Sold for

$1,225,000

Adjusted to this home

$1,331,311

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$64,577
Condition	this home 7 · comparable 6	+$49,000
Micro-location	this home 0.0754 · comparable 0.0998	−$23,912
Floor area	this home 129 m² · comparable 147 m²	−$18,360
Cladding	this home 3 · comparable 2	+$15,579
Year built	this home 2006 · comparable 2002	+$12,765
Street	this home 0.0399 · comparable 0.0317	+$8,036
Distance to beach	this home 5.17 km · comparable 4.96 km	−$3,396
Land size	this home 711 m² · comparable 350 m²	+$2,022
Net adjustment		+$106,311

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

38 Palma Crescent

Sold 9 January 2026 · 0.21 km away

Sold for

$1,350,000

Adjusted to this home

$1,333,437

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$64,577
Condition	this home 7 · comparable 8	−$54,000
Floor area	this home 129 m² · comparable 147.41 m²	−$18,778
Micro-location	this home 0.0754 · comparable 0.0871	−$12,636
Year built	this home 2006 · comparable 2005	+$3,191
Land size	this home 711 m² · comparable 295 m²	+$2,330
Distance to beach	this home 5.17 km · comparable 5.1 km	−$1,247
Net adjustment		−$16,563

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

15 Comore Drive

Sold 16 January 2026 · 1.14 km away

Sold for

$1,350,000

Adjusted to this home

$1,318,117

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Floor area	this home 129 m² · comparable 184 m²	−$56,100
Condition	this home 7 · comparable 6	+$54,000
Street	this home 0.0399 · comparable 0.0785	−$41,688
Distance to beach	this home 5.17 km · comparable 4.06 km	−$19,780
Cladding	this home 3 · comparable 2	+$15,579
Year built	this home 2006 · comparable 2002	+$12,765
Micro-location	this home 0.0754 · comparable 0.0738	+$1,728
Land size	this home 711 m² · comparable 423 m²	+$1,613
Net adjustment		−$31,883

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

13 Acklin Court

Sold 2 September 2026 · 1.09 km away

Sold for

$1,110,000

Adjusted to this home

$1,143,178

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$64,577
Micro-location	this home 0.0754 · comparable 0.1014	−$23,088
Distance to beach	this home 5.17 km · comparable 4.16 km	−$14,798
Year built	this home 2006 · comparable 2002	+$12,765
Floor area	this home 129 m² · comparable 137 m²	−$8,160
Land size	this home 711 m² · comparable 375 m²	+$1,882
Net adjustment		+$33,178

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

39 Brier Crescent

Sold 16 May 2026 · 0.90 km away

Sold for

$1,302,000

Adjusted to this home

$1,388,617

What we added and subtracted to make this sale comparable to 52 Palma Crescent
Street	this home 0.0399 · comparable -0.0225	+$64,996
Bedrooms	this home 4 · comparable 3	+$64,577
Micro-location	this home 0.0754 · comparable 0.0157	+$62,183
Condition	this home 7 · comparable 8	−$52,080
Car spaces	this home 2 · comparable 3	−$35,563
Cladding	this home 3 · comparable 1	+$31,158
Year built	this home 2006 · comparable 2013	−$22,338
Distance to beach	this home 5.17 km · comparable 4.35 km	−$14,093
Floor area	this home 129 m² · comparable 141 m²	−$12,240
Land size	this home 711 m² · comparable 708 m²	+$17
Net adjustment		+$86,617

A further 8 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 52 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 52 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

16 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 →

52 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

11 Grenada Court

9 Gainsborough Drive

41 Gerona Circuit

16 Marciana Crescent

38 Palma Crescent

15 Comore Drive

13 Acklin Court

39 Brier Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 52 Palma Crescent sit?