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 Pristine Court

Sold 30 June 2026 · 1.10 km away

Sold for

$1,220,000

Adjusted to this home

$1,184,590

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Land size	this home 350 m² · comparable 426 m²	−$38,182
Micro-location	this home 0.0311 · comparable 0.0126	+$18,056
Distance to beach	this home 4.31 km · comparable 3.68 km	−$12,019
Floor area	this home 131 m² · comparable 143.96 m²	−$10,326
Year built	this home 2000 · comparable 1994	+$7,061
Net adjustment		−$35,410

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

30 South Bay Drive

Sold 17 June 2026 · 0.78 km away

Sold for

$1,015,000

Adjusted to this home

$1,034,089

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Land size	this home 350 m² · comparable 125 m²	+$113,040
Condition	this home 6 · comparable 8	−$81,200
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 1	+$32,000
Floor area	this home 131 m² · comparable 106.5 m²	+$19,522
Year built	this home 2000 · comparable 2010	−$11,768
Micro-location	this home 0.0311 · comparable 0.0432	−$9,826
Distance to beach	this home 4.31 km · comparable 4.11 km	−$2,679
Net adjustment		+$19,089

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

1 Lonsdale Place

Sold 4 November 2025 · 0.57 km away

Sold for

$1,090,500

Adjusted to this home

$1,130,658

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Condition	this home 6 · comparable 8	−$87,240
Land size	this home 350 m² · comparable 189 m²	+$80,886
Bedrooms	this home 3 · comparable 2	+$29,826
Bathrooms	this home 2 · comparable 1	+$16,650
Micro-location	this home 0.0311 · comparable 0.0206	+$9,160
Distance to beach	this home 4.31 km · comparable 3.78 km	−$8,781
Year built	this home 2000 · comparable 2003	−$3,530
Floor area	this home 131 m² · comparable 127 m²	+$3,187
Net adjustment		+$40,158

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

13A Mulgrave Crescent

Sold 24 August 2026 · 0.05 km away

Sold for

$979,000

Adjusted to this home

$1,093,826

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Land size	this home 350 m² · comparable 167 m²	+$91,939
Floor area	this home 131 m² · comparable 105 m²	+$20,717
Micro-location	this home 0.0311 · comparable 0.028	+$2,428
Distance to beach	this home 4.31 km · comparable 4.29 km	−$258
Net adjustment		+$114,826

A further 13 factors were compared and found the same on both properties, so no money moved.

11 Magenta Drive

Sold 23 February 2026 · 0.21 km away

Sold for

$1,290,000

Adjusted to this home

$1,216,098

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Condition	this home 6 · comparable 7	−$51,600
Land size	this home 350 m² · comparable 400 m²	−$25,120
Micro-location	this home 0.0311 · comparable 0.0215	+$9,907
Floor area	this home 131 m² · comparable 135 m²	−$3,187
Distance to beach	this home 4.31 km · comparable 4.15 km	−$2,725
Year built	this home 2000 · comparable 2001	−$1,177
Net adjustment		−$73,902

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

11 Grenada Court

Sold 12 June 2026 · 1.04 km away

Sold for

$1,350,000

Adjusted to this home

$1,174,058

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Micro-location	this home 0.0311 · comparable 0.1321	−$109,080
Condition	this home 6 · comparable 8	−$108,000
Land size	this home 350 m² · comparable 295 m²	+$27,632
Floor area	this home 131 m² · comparable 118.7 m²	+$9,801
Distance to beach	this home 4.31 km · comparable 4.65 km	+$6,059
Year built	this home 2000 · comparable 2002	−$2,354
Net adjustment		−$175,942

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

31 Roundelay Drive

Sold 30 July 2026 · 1.20 km away

Sold for

$1,380,000

Adjusted to this home

$1,179,661

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Condition	this home 6 · comparable 8	−$110,400
Land size	this home 350 m² · comparable 420 m²	−$35,168
Bedrooms	this home 3 · comparable 4	−$29,826
Floor area	this home 131 m² · comparable 151.3 m²	−$16,175
Distance to beach	this home 4.31 km · comparable 3.59 km	−$15,831
Year built	this home 2000 · comparable 1994	+$7,061
Net adjustment		−$200,339

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

21 Pascali Court

Sold 4 March 2026 · 1.04 km away

Sold for

$1,300,000

Adjusted to this home

$1,177,085

What we added and subtracted to make this sale comparable to 7 Mulgrave Crescent
Condition	this home 6 · comparable 8	−$104,000
Land size	this home 350 m² · comparable 415 m²	−$32,656
Micro-location	this home 0.0311 · comparable 0.0161	+$15,600
Distance to beach	this home 4.31 km · comparable 3.59 km	−$14,914
Floor area	this home 131 m² · comparable 122 m²	+$7,171
Year built	this home 2000 · comparable 1995	+$5,884
Net adjustment		−$122,915

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 7 Mulgrave 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 Mulgrave 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 →

7 Mulgrave Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

6 Pristine Court

30 South Bay Drive

1 Lonsdale Place

13A Mulgrave Crescent

11 Magenta Drive

11 Grenada Court

31 Roundelay Drive

21 Pascali Court

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