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 0.49 km away

Sold for

$1,795,000

Adjusted to this home

$1,763,506

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Micro-location	this home 0.0141 · comparable 0.0883	−$106,551
Floor area	this home 250 m² · comparable 165.7 m²	+$60,763
Cladding	this home 3 · comparable 2	+$24,000
Distance to beach	this home 2.4 km · comparable 1.93 km	−$16,694
Land size	this home 653 m² · comparable 602 m²	+$4,814
Year built	this home 1991 · comparable 1990	+$2,174
Net adjustment		−$31,494

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

20 Tropicana Circuit

Sold 18 June 2026 · 0.31 km away

Sold for

$1,780,000

Adjusted to this home

$1,769,995

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Pool	this home 0 · comparable 1	−$140,166
Street	this home 0.15 · comparable 0.0563	+$133,429
Floor area	this home 250 m² · comparable 188.63 m²	+$44,235
Micro-location	this home 0.0141 · comparable 0.0328	−$26,629
Year built	this home 1991 · comparable 1999	−$17,395
Distance to beach	this home 2.4 km · comparable 2.15 km	−$8,010
Land size	this home 653 m² · comparable 605 m²	+$4,531
Net adjustment		−$10,005

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

13 Palmwood Court

Sold 0.81 km away

Sold for

$1,650,000

Adjusted to this home

$1,657,389

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Pool	this home 0 · comparable 1	−$140,166
Micro-location	this home 0.0141 · comparable -0.0435	+$76,032
Floor area	this home 250 m² · comparable 185 m²	+$46,852
Distance to beach	this home 2.4 km · comparable 3.16 km	+$22,572
Year built	this home 1991 · comparable 1984	+$15,221
Land size	this home 653 m² · comparable 792 m²	−$13,122
Net adjustment		+$7,389

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

$1,789,175

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Street	this home 0.15 · comparable 0.0173	+$174,102
Year built	this home 1991 · comparable 1999	−$17,395
Micro-location	this home 0.0141 · comparable 0.0048	+$12,202
Floor area	this home 250 m² · comparable 264 m²	−$10,091
Land size	this home 653 m² · comparable 727 m²	−$6,986
Distance to beach	this home 2.4 km · comparable 2.31 km	−$2,657
Net adjustment		+$149,175

A further 12 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

$1,752,707

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Street	this home 0.15 · comparable 0.019	+$172,920
Car spaces	this home 2 · comparable 4	−$72,000
Floor area	this home 250 m² · comparable 212.77 m²	+$26,835
Air conditioning	this home 0 · comparable 1	−$24,000
Year built	this home 1991 · comparable 1999	−$17,395
Micro-location	this home 0.0141 · comparable 0.002	+$15,972
Land size	this home 653 m² · comparable 627 m²	+$2,454
Distance to beach	this home 2.4 km · comparable 2.33 km	−$2,079
Net adjustment		+$102,707

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

24 Tropicana Circuit

Sold 6 October 2026 · 0.40 km away

Sold for

$2,100,000

Adjusted to this home

$1,792,241

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Land size	this home 653 m² · comparable 3594 m²	−$277,630
Street	this home 0.15 · comparable 0.0563	+$157,416
Pool	this home 0 · comparable 1	−$140,166
Micro-location	this home 0.0141 · comparable 0.0564	−$71,064
Floor area	this home 250 m² · comparable 173.08 m²	+$55,444
Year built	this home 1991 · comparable 1999	−$17,395
Distance to beach	this home 2.4 km · comparable 2.02 km	−$14,364
Net adjustment		−$307,759

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

87 Dunlin Drive

Sold 6 June 2026 · 0.54 km away

Sold for

$1,800,000

Adjusted to this home

$1,691,229

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Micro-location	this home 0.0141 · comparable 0.0894	−$108,432
Street	this home 0.15 · comparable 0.1034	+$67,104
Air conditioning	this home 0 · comparable 1	−$24,000
Land size	this home 653 m² · comparable 893 m²	−$22,656
Distance to beach	this home 2.4 km · comparable 1.91 km	−$17,820
Year built	this home 1991 · comparable 1998	−$15,221
Floor area	this home 250 m² · comparable 233 m²	+$12,254
Net adjustment		−$108,771

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

180 Christine Avenue

Sold 20 July 2026 · 0.63 km away

Sold for

$1,545,000

Adjusted to this home

$1,767,009

What we added and subtracted to make this sale comparable to 56 Wedgebill Parade
Street	this home 0.15 · comparable -0.0078	+$195,041
Pool	this home 0 · comparable 1	−$140,166
Bedrooms	this home 4 · comparable 3	+$100,000
Floor area	this home 250 m² · comparable 153 m²	+$69,918
Micro-location	this home 0.0141 · comparable 0.0192	−$6,304
Year built	this home 1991 · comparable 1989	+$4,349
Distance to beach	this home 2.4 km · comparable 2.36 km	−$1,112
Land size	this home 653 m² · comparable 650 m²	+$283
Net adjustment		+$222,009

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 56 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 56 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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