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 0.47 km away

Sold for

$1,795,000

Adjusted to this home

$1,779,427

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Micro-location	this home 0.0167 · comparable 0.0883	−$102,818
Pool	this home 1 · comparable 0	+$72,000
Floor area	this home 205 m² · comparable 165.7 m²	+$23,989
Distance to beach	this home 2.38 km · comparable 1.93 km	−$16,047
Land size	this home 653 m² · comparable 602 m²	+$4,529
Year built	this home 1991 · comparable 1990	+$2,774
Net adjustment		−$15,573

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

20 Tropicana Circuit

Sold 18 June 2026 · 0.30 km away

Sold for

$1,780,000

Adjusted to this home

$1,851,193

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Street	this home 0.15 · comparable 0.0563	+$133,429
Cladding	this home 2 · comparable 3	−$24,000
Micro-location	this home 0.0167 · comparable 0.0328	−$22,926
Year built	this home 1991 · comparable 1999	−$22,195
Floor area	this home 205 m² · comparable 188.63 m²	+$9,992
Distance to beach	this home 2.38 km · comparable 2.15 km	−$7,369
Land size	this home 653 m² · comparable 605 m²	+$4,262
Net adjustment		+$71,193

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

13 Palmwood Court

Sold 0.83 km away

Sold for

$1,650,000

Adjusted to this home

$1,747,916

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Micro-location	this home 0.0167 · comparable -0.0435	+$79,464
Cladding	this home 2 · comparable 3	−$24,000
Distance to beach	this home 2.38 km · comparable 3.16 km	+$23,166
Year built	this home 1991 · comparable 1984	+$19,421
Land size	this home 653 m² · comparable 792 m²	−$12,343
Floor area	this home 205 m² · comparable 185 m²	+$12,208
Net adjustment		+$97,916

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

24 Tropicana Circuit

Sold 6 October 2026 · 0.38 km away

Sold for

$2,100,000

Adjusted to this home

$1,889,240

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Land size	this home 653 m² · comparable 3594 m²	−$261,161
Street	this home 0.15 · comparable 0.0563	+$157,416
Micro-location	this home 0.0167 · comparable 0.0564	−$66,696
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1991 · comparable 1999	−$22,195
Floor area	this home 205 m² · comparable 173.08 m²	+$19,484
Distance to beach	this home 2.38 km · comparable 2.02 km	−$13,608
Net adjustment		−$210,760

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

22 Lanai Drive

Sold 23 July 2026 · 0.60 km away

Sold for

$1,640,000

Adjusted to this home

$1,810,869

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Street	this home 0.15 · comparable 0.0173	+$174,102
Pool	this home 1 · comparable 0	+$72,000
Floor area	this home 205 m² · comparable 264 m²	−$36,014
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1991 · comparable 1999	−$22,195
Micro-location	this home 0.0167 · comparable 0.0048	+$15,613
Land size	this home 653 m² · comparable 727 m²	−$6,571
Distance to beach	this home 2.38 km · comparable 2.31 km	−$2,066
Net adjustment		+$170,869

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

39 Honeyeater Drive

Sold 1.72 km away

Sold for

$2,095,000

Adjusted to this home

$2,094,348

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Micro-location	this home 0.0167 · comparable 0.0835	−$111,957
Bedrooms	this home 4 · comparable 3	+$100,000
Street	this home 0.15 · comparable 0.0962	+$90,169
Distance to beach	this home 2.38 km · comparable 1.28 km	−$59,582
Car spaces	this home 2 · comparable 3	−$36,000
Floor area	this home 205 m² · comparable 160 m²	+$27,468
Cladding	this home 2 · comparable 3	−$24,000
Year built	this home 1991 · comparable 1986	+$13,872
Land size	this home 653 m² · comparable 660 m²	−$622
Net adjustment		−$652

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

87 Dunlin Drive

Sold 6 June 2026 · 0.52 km away

Sold for

$1,800,000

Adjusted to this home

$1,711,420

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Micro-location	this home 0.0167 · comparable 0.0894	−$104,688
Pool	this home 1 · comparable 0	+$72,000
Street	this home 0.15 · comparable 0.1034	+$67,104
Cladding	this home 2 · comparable 3	−$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Land size	this home 653 m² · comparable 893 m²	−$21,312
Year built	this home 1991 · comparable 1998	−$19,421
Distance to beach	this home 2.38 km · comparable 1.91 km	−$17,172
Floor area	this home 205 m² · comparable 233 m²	−$17,091
Net adjustment		−$88,580

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

42 Sea Eagle Drive

Sold 20 May 2026 · 0.72 km away

Sold for

$1,650,000

Adjusted to this home

$1,768,210

What we added and subtracted to make this sale comparable to 54 Wedgebill Parade
Street	this home 0.15 · comparable 0.019	+$172,920
Car spaces	this home 2 · comparable 4	−$72,000
Pool	this home 1 · comparable 0	+$72,000
Cladding	this home 2 · comparable 3	−$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Year built	this home 1991 · comparable 1999	−$22,195
Micro-location	this home 0.0167 · comparable 0.002	+$19,404
Floor area	this home 205 m² · comparable 212.77 m²	−$4,743
Land size	this home 653 m² · comparable 627 m²	+$2,309
Distance to beach	this home 2.38 km · comparable 2.33 km	−$1,485
Net adjustment		+$118,210

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 54 Wedgebill 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 54 Wedgebill 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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