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 · 0.42 km away

Sold for

$1,225,000

Adjusted to this home

$1,240,000

What we added and subtracted to make this sale comparable to 7 Grenada Court
Condition	this home 7 · comparable 6	+$49,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.1319 · comparable 0.0998	+$31,458
Floor area	this home 113 m² · comparable 147 m²	−$25,269
Land size	this home 295 m² · comparable 350 m²	−$17,116
Distance to beach	this home 4.63 km · comparable 4.96 km	+$5,336
Year built	this home 2003 · comparable 2002	+$3,591
Net adjustment		+$15,000

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

6 Pristine Court

Sold 30 June 2026 · 0.95 km away

Sold for

$1,220,000

Adjusted to this home

$1,255,808

What we added and subtracted to make this sale comparable to 7 Grenada Court
Micro-location	this home 0.1319 · comparable 0.0126	+$116,437
Land size	this home 295 m² · comparable 426 m²	−$40,767
Year built	this home 2003 · comparable 1994	+$32,321
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 113 m² · comparable 143.96 m²	−$23,010
Distance to beach	this home 4.63 km · comparable 3.68 km	−$17,173
Net adjustment		+$35,808

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

4 Pascali Court

Sold 5 August 2026 · 0.95 km away

Sold for

$1,150,000

Adjusted to this home

$1,173,370

What we added and subtracted to make this sale comparable to 7 Grenada Court
Micro-location	this home 0.1319 · comparable 0.0123	+$110,032
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 6	+$46,000
Land size	this home 295 m² · comparable 423 m²	−$39,834
Car spaces	this home 1 · comparable 2	−$32,000
Year built	this home 2003 · comparable 1995	+$28,730
Distance to beach	this home 4.63 km · comparable 3.67 km	−$16,394
Floor area	this home 113 m² · comparable 125.33 m²	−$9,164
Net adjustment		+$23,370

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

11 Grenada Court

Sold 12 June 2026 · 0.02 km away

Sold for

$1,350,000

Adjusted to this home

$1,263,496

What we added and subtracted to make this sale comparable to 7 Grenada Court
Condition	this home 7 · comparable 8	−$54,000
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 113 m² · comparable 118.7 m²	−$4,236
Year built	this home 2003 · comparable 2002	+$3,591
Distance to beach	this home 4.63 km · comparable 4.65 km	+$357
Micro-location	this home 0.1319 · comparable 0.1321	−$216
Net adjustment		−$86,504

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

3 Dorothy Place

Sold 27 March 2026 · 0.93 km away

Sold for

$1,300,000

Adjusted to this home

$1,308,723

What we added and subtracted to make this sale comparable to 7 Grenada Court
Micro-location	this home 0.1319 · comparable 0.0479	+$87,360
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 6	+$52,000
Land size	this home 295 m² · comparable 410 m²	−$35,788
Car spaces	this home 1 · comparable 2	−$32,000
Year built	this home 2003 · comparable 1995	+$28,730
Distance to beach	this home 4.63 km · comparable 3.81 km	−$15,257
Floor area	this home 113 m² · comparable 129.58 m²	−$12,322
Net adjustment		+$8,723

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

41 Gerona Circuit

Sold 26 May 2026 · 0.63 km away

Sold for

$1,410,000

Adjusted to this home

$1,263,692

What we added and subtracted to make this sale comparable to 7 Grenada Court
Land size	this home 295 m² · comparable 586 m²	−$90,559
Micro-location	this home 0.1319 · comparable 0.0822	+$56,062
Floor area	this home 113 m² · comparable 174 m²	−$45,335
Car spaces	this home 1 · comparable 2	−$32,000
Bedrooms	this home 3 · comparable 4	−$24,154
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.63 km · comparable 5.15 km	+$9,678
Net adjustment		−$146,308

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

40 Gerona Circuit

Sold 26 May 2026 · 0.58 km away

Sold for

$1,410,000

Adjusted to this home

$1,231,288

What we added and subtracted to make this sale comparable to 7 Grenada Court
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 113 m² · comparable 188 m²	−$55,740
Micro-location	this home 0.1319 · comparable 0.0943	+$42,413
Land size	this home 295 m² · comparable 400 m²	−$32,676
Car spaces	this home 1 · comparable 2	−$32,000
Bedrooms	this home 3 · comparable 4	−$24,154
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.63 km · comparable 5.03 km	+$7,445
Net adjustment		−$178,712

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

14 Windemere Crescent

Sold 10 March 2026 · 0.85 km away

Sold for

$1,350,000

Adjusted to this home

$1,223,058

What we added and subtracted to make this sale comparable to 7 Grenada Court
Water views	this home 0 · comparable 1	−$133,938
Micro-location	this home 0.1319 · comparable 0.0348	+$104,868
Land size	this home 295 m² · comparable 400 m²	−$32,676
Car spaces	this home 1 · comparable 2	−$32,000
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.63 km · comparable 4.12 km	−$9,088
Floor area	this home 113 m² · comparable 123.36 m²	−$7,699
Year built	this home 2003 · comparable 2002	+$3,591
Net adjustment		−$126,942

A further 9 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 7 Grenada Court 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 7 Grenada Court 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

18 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 →

7 Grenada Court

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

6 Pristine Court

4 Pascali Court

11 Grenada Court

3 Dorothy Place

41 Gerona Circuit

40 Gerona Circuit

14 Windemere Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 7 Grenada Court sit?