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.

16 Marciana Crescent

Sold 31 July 2026 · 0.29 km away

Sold for

$1,225,000

Adjusted to this home

$1,252,411

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$56,277
Floor area	this home 111 m² · comparable 147 m²	−$44,266
Street	this home 0.0399 · comparable 0.0317	+$8,036
Year built	this home 2003 · comparable 2002	+$4,199
Micro-location	this home 0.1027 · comparable 0.0998	+$2,842
Distance to beach	this home 4.94 km · comparable 4.96 km	+$323
Net adjustment		+$27,411

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

3 Dorothy Place

Sold 27 March 2026 · 1.13 km away

Sold for

$1,300,000

Adjusted to this home

$1,297,373

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Pool	this home 0 · comparable 1	−$79,667
Micro-location	this home 0.1027 · comparable 0.0479	+$56,992
Bedrooms	this home 4 · comparable 3	+$56,277
Year built	this home 2003 · comparable 1995	+$33,594
Land size	this home 350 m² · comparable 410 m²	−$26,400
Floor area	this home 111 m² · comparable 129.58 m²	−$22,846
Distance to beach	this home 4.94 km · comparable 3.81 km	−$20,577
Net adjustment		−$2,627

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.14 km away

Sold for

$1,400,000

Adjusted to this home

$1,402,661

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Micro-location	this home 0.1027 · comparable 0.0223	+$90,048
Pool	this home 0 · comparable 1	−$79,667
Bedrooms	this home 4 · comparable 3	+$56,277
Floor area	this home 111 m² · comparable 145 m²	−$41,806
Year built	this home 2003 · comparable 1995	+$33,594
Land size	this home 350 m² · comparable 405 m²	−$24,200
Distance to beach	this home 4.94 km · comparable 3.92 km	−$19,387
Cladding	this home 2 · comparable 3	−$13,654
Street	this home 0.0399 · comparable 0.0386	+$1,456
Net adjustment		+$2,661

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

34 Gerona Circuit

Sold 1 December 2025 · 0.20 km away

Sold for

$1,280,000

Adjusted to this home

$1,273,556

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Floor area	this home 111 m² · comparable 91.75 m²	+$23,670
Land size	this home 350 m² · comparable 400 m²	−$22,000
Micro-location	this home 0.1027 · comparable 0.0877	+$15,360
Cladding	this home 2 · comparable 3	−$13,654
Street	this home 0.0399 · comparable 0.0518	−$12,186
Distance to beach	this home 4.94 km · comparable 5.08 km	+$2,366
Net adjustment		−$6,444

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

39 Brier Crescent

Sold 16 May 2026 · 0.83 km away

Sold for

$1,302,000

Adjusted to this home

$1,244,270

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Land size	this home 350 m² · comparable 708 m²	−$157,520
Micro-location	this home 0.1027 · comparable 0.0157	+$90,619
Street	this home 0.0399 · comparable -0.0225	+$64,996
Bedrooms	this home 4 · comparable 3	+$56,277
Year built	this home 2003 · comparable 2013	−$41,992
Floor area	this home 111 m² · comparable 141 m²	−$36,888
Car spaces	this home 2 · comparable 3	−$36,736
Cladding	this home 2 · comparable 1	+$13,654
Distance to beach	this home 4.94 km · comparable 4.35 km	−$10,140
Net adjustment		−$57,730

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

11 Grenada Court

Sold 12 June 2026 · 0.63 km away

Sold for

$1,350,000

Adjusted to this home

$1,388,288

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$56,277
Micro-location	this home 0.1027 · comparable 0.1321	−$31,752
Land size	this home 350 m² · comparable 295 m²	+$24,200
Floor area	this home 111 m² · comparable 118.7 m²	−$9,468
Distance to beach	this home 4.94 km · comparable 4.65 km	−$5,168
Year built	this home 2003 · comparable 2002	+$4,199
Net adjustment		+$38,288

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

13 Acklin Court

Sold 2 September 2026 · 0.83 km away

Sold for

$1,110,000

Adjusted to this home

$1,103,577

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Bedrooms	this home 4 · comparable 3	+$56,277
Floor area	this home 111 m² · comparable 137 m²	−$31,970
Cladding	this home 2 · comparable 3	−$13,654
Distance to beach	this home 4.94 km · comparable 4.16 km	−$11,429
Land size	this home 350 m² · comparable 375 m²	−$11,000
Year built	this home 2003 · comparable 2002	+$4,199
Micro-location	this home 0.1027 · comparable 0.1014	+$1,154
Net adjustment		−$6,423

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

8 Mauritius Court

Sold 5 January 2026 · 0.44 km away

Sold for

$1,338,000

Adjusted to this home

$1,268,079

What we added and subtracted to make this sale comparable to 6 Palma Crescent
Micro-location	this home 0.1027 · comparable 0.1253	−$24,191
Land size	this home 350 m² · comparable 400 m²	−$22,000
Cladding	this home 2 · comparable 3	−$13,654
Floor area	this home 111 m² · comparable 119.88 m²	−$10,919
Year built	this home 2003 · comparable 2002	+$4,199
Distance to beach	this home 4.94 km · comparable 4.75 km	−$3,356
Net adjustment		−$69,921

A further 11 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 6 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 6 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 →

6 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

16 Marciana Crescent

3 Dorothy Place

9 Gainsborough Drive

34 Gerona Circuit

39 Brier Crescent

11 Grenada Court

13 Acklin Court

8 Mauritius Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 6 Palma Crescent sit?