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 · 0.21 km away

Sold for

$1,225,000

Adjusted to this home

$1,200,167

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Condition	this home 7 · comparable 6	+$49,000
Floor area	this home 109 m² · comparable 147 m²	−$36,328
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.1231 · comparable 0.0998	+$22,834
Cladding	this home 1 · comparable 2	−$15,405
Land size	this home 295 m² · comparable 350 m²	−$11,792
Street	this home 0.0274 · comparable 0.0317	−$4,214
Distance to beach	this home 4.77 km · comparable 4.96 km	+$3,072
Net adjustment		−$24,833

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

4 Pascali Court

Sold 5 August 2026 · 1.10 km away

Sold for

$1,150,000

Adjusted to this home

$1,193,852

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Micro-location	this home 0.1231 · comparable 0.0123	+$101,936
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0274 · comparable -0.0364	+$58,696
Condition	this home 7 · comparable 6	+$46,000
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 295 m² · comparable 423 m²	−$27,443
Distance to beach	this home 4.77 km · comparable 3.67 km	−$18,519
Floor area	this home 109 m² · comparable 125.33 m²	−$15,611
Cladding	this home 1 · comparable 2	−$15,405
Year built	this home 2002 · comparable 1995	+$10,198
Net adjustment		+$43,852

A further 8 factors were compared and found the same on both properties, so no money moved.

6 Pristine Court

Sold 30 June 2026 · 1.10 km away

Sold for

$1,220,000

Adjusted to this home

$1,252,154

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Micro-location	this home 0.1231 · comparable 0.0126	+$107,848
Street	this home 0.0274 · comparable -0.0146	+$40,992
Floor area	this home 109 m² · comparable 143.96 m²	−$33,422
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 295 m² · comparable 426 m²	−$28,086
Distance to beach	this home 4.77 km · comparable 3.68 km	−$19,427
Cladding	this home 1 · comparable 2	−$15,405
Year built	this home 2002 · comparable 1994	+$11,654
Net adjustment		+$32,154

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

11 Grenada Court

Sold 12 June 2026 · 0.22 km away

Sold for

$1,350,000

Adjusted to this home

$1,227,463

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Condition	this home 7 · comparable 8	−$54,000
Car spaces	this home 1 · comparable 2	−$32,000
Cladding	this home 1 · comparable 2	−$15,405
Micro-location	this home 0.1231 · comparable 0.1321	−$9,720
Floor area	this home 109 m² · comparable 118.7 m²	−$9,274
Distance to beach	this home 4.77 km · comparable 4.65 km	−$2,138
Net adjustment		−$122,537

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

39 Brier Crescent

Sold 16 May 2026 · 1.06 km away

Sold for

$1,302,000

Adjusted to this home

$1,207,382

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Micro-location	this home 0.1231 · comparable 0.0157	+$111,868
Land size	this home 295 m² · comparable 708 m²	−$88,547
Car spaces	this home 1 · comparable 3	−$64,000
Condition	this home 7 · comparable 8	−$52,080
Street	this home 0.0274 · comparable -0.0225	+$51,976
Floor area	this home 109 m² · comparable 141 m²	−$30,592
Year built	this home 2002 · comparable 2013	−$16,025
Distance to beach	this home 4.77 km · comparable 4.35 km	−$7,218
Net adjustment		−$94,618

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

29 Lantau Crescent

Sold 24 March 2026 · 0.29 km away

Sold for

$1,150,000

Adjusted to this home

$1,124,189

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Condition	this home 7 · comparable 6	+$46,000
Micro-location	this home 0.1231 · comparable 0.0757	+$43,608
Land size	this home 295 m² · comparable 461 m²	−$35,590
Car spaces	this home 1 · comparable 2	−$32,000
Street	this home 0.0274 · comparable -0.0071	+$31,740
Cladding	this home 1 · comparable 3	−$30,810
Floor area	this home 109 m² · comparable 137.06 m²	−$26,826
Bedrooms	this home 3 · comparable 4	−$24,726
Distance to beach	this home 4.77 km · comparable 5.05 km	+$4,250
Year built	this home 2002 · comparable 2003	−$1,457
Net adjustment		−$25,811

A further 8 factors were compared and found the same on both properties, so no money moved.

3 Dorothy Place

Sold 27 March 2026 · 1.00 km away

Sold for

$1,300,000

Adjusted to this home

$1,267,012

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Micro-location	this home 0.1231 · comparable 0.0479	+$78,208
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 6	+$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 295 m² · comparable 410 m²	−$24,656
Floor area	this home 109 m² · comparable 129.58 m²	−$19,674
Distance to beach	this home 4.77 km · comparable 3.81 km	−$17,659
Cladding	this home 1 · comparable 2	−$15,405
Year built	this home 2002 · comparable 1995	+$10,198
Net adjustment		−$32,988

A further 8 factors were compared and found the same on both properties, so no money moved.

41 Gerona Circuit

Sold 26 May 2026 · 0.43 km away

Sold for

$1,410,000

Adjusted to this home

$1,222,162

What we added and subtracted to make this sale comparable to 7 Majorca Crescent
Land size	this home 295 m² · comparable 586 m²	−$62,390
Floor area	this home 109 m² · comparable 174 m²	−$62,140
Micro-location	this home 0.1231 · comparable 0.0822	+$46,135
Car spaces	this home 1 · comparable 2	−$32,000
Cladding	this home 1 · comparable 3	−$30,810
Street	this home 0.0274 · comparable 0.0518	−$27,523
Bedrooms	this home 3 · comparable 4	−$24,726
Distance to beach	this home 4.77 km · comparable 5.15 km	+$7,073
Year built	this home 2002 · comparable 2003	−$1,457
Net adjustment		−$187,838

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 Majorca 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 7 Majorca 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

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 Majorca 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

4 Pascali Court

6 Pristine Court

11 Grenada Court

39 Brier Crescent

29 Lantau Crescent

3 Dorothy Place

41 Gerona Circuit

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