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.

40 Gerona Circuit

Sold 26 May 2026 · 0.06 km away

Sold for

$1,410,000

Adjusted to this home

$1,377,718

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Pool	this home 0 · comparable 1	−$75,150
Condition	this home 8 · comparable 7	+$56,400
Floor area	this home 176 m² · comparable 188 m²	−$14,496
Micro-location	this home 0.0955 · comparable 0.0943	+$1,354
Land size	this home 397 m² · comparable 400 m²	−$1,320
Distance to beach	this home 4.98 km · comparable 5.03 km	+$930
Net adjustment		−$32,282

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

41 Gerona Circuit

Sold 26 May 2026 · 0.18 km away

Sold for

$1,410,000

Adjusted to this home

$1,403,822

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Land size	this home 397 m² · comparable 586 m²	−$83,160
Condition	this home 8 · comparable 7	+$56,400
Micro-location	this home 0.0955 · comparable 0.0822	+$15,002
Distance to beach	this home 4.98 km · comparable 5.15 km	+$3,164
Floor area	this home 176 m² · comparable 174 m²	+$2,416
Net adjustment		−$6,178

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

39 Brier Crescent

Sold 16 May 2026 · 0.97 km away

Sold for

$1,302,000

Adjusted to this home

$1,366,899

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Land size	this home 397 m² · comparable 708 m²	−$136,840
Micro-location	this home 0.0955 · comparable 0.0157	+$83,120
Street	this home 0.0518 · comparable -0.0225	+$77,391
Bedrooms	this home 4 · comparable 3	+$59,574
Car spaces	this home 2 · comparable 3	−$45,657
Floor area	this home 176 m² · comparable 141 m²	+$42,280
Year built	this home 2003 · comparable 2013	−$28,000
Cladding	this home 3 · comparable 1	+$23,858
Distance to beach	this home 4.98 km · comparable 4.35 km	−$10,827
Net adjustment		+$64,899

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

3 Avellino Drive

Sold 19 January 2026 · 0.64 km away

Sold for

$1,350,000

Adjusted to this home

$1,369,438

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Condition	this home 8 · comparable 7	+$54,000
Micro-location	this home 0.0955 · comparable 0.1354	−$43,092
Land size	this home 397 m² · comparable 350 m²	+$20,680
Distance to beach	this home 4.98 km · comparable 4.48 km	−$8,910
Floor area	this home 176 m² · comparable 181 m²	−$6,040
Year built	this home 2003 · comparable 2002	+$2,800
Net adjustment		+$19,438

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

16 South Bay Drive

Sold 9 July 2026 · 1.07 km away

Sold for

$1,250,000

Adjusted to this home

$1,262,026

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Water views	this home 0 · comparable 1	−$123,812
Land size	this home 397 m² · comparable 188 m²	+$91,960
Bedrooms	this home 4 · comparable 3	+$59,574
Micro-location	this home 0.0955 · comparable 0.0436	+$51,900
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 176 m² · comparable 156 m²	+$24,160
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2003 · comparable 2009	−$16,800
Distance to beach	this home 4.98 km · comparable 4.09 km	−$14,685
Street	this home 0.0518 · comparable 0.064	−$12,200
Cladding	this home 3 · comparable 2	+$11,929
Net adjustment		+$12,026

A further 7 factors were compared and found the same on both properties, so no money moved.

5 Palma Crescent

Sold 27 March 2026 · 0.16 km away

Sold for

$1,395,000

Adjusted to this home

$1,321,008

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Water views	this home 0 · comparable 1	−$123,812
Land size	this home 397 m² · comparable 350 m²	+$20,680
Street	this home 0.0518 · comparable 0.0399	+$13,280
Micro-location	this home 0.0955 · comparable 0.0871	+$9,374
Floor area	this home 176 m² · comparable 172.46 m²	+$4,276
Distance to beach	this home 4.98 km · comparable 5.1 km	+$2,210
Net adjustment		−$73,992

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

49 Lantau Crescent

Sold 21 January 2026 · 0.17 km away

Sold for

$1,475,000

Adjusted to this home

$1,398,212

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Condition	this home 8 · comparable 9	−$88,500
Pool	this home 0 · comparable 1	−$75,150
Street	this home 0.0518 · comparable -0.0071	+$69,502
Micro-location	this home 0.0955 · comparable 0.0831	+$14,632
Year built	this home 2003 · comparable 2002	+$2,800
Distance to beach	this home 4.98 km · comparable 5.09 km	+$2,142
Land size	this home 397 m² · comparable 400 m²	−$1,320
Floor area	this home 176 m² · comparable 176.74 m²	−$894
Net adjustment		−$76,788

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

16 Marciana Crescent

Sold 31 July 2026 · 0.14 km away

Sold for

$1,225,000

Adjusted to this home

$1,429,983

What we added and subtracted to make this sale comparable to 8 Gerona Circuit
Condition	this home 8 · comparable 6	+$82,610
Bedrooms	this home 4 · comparable 3	+$50,218
Floor area	this home 176 m² · comparable 147 m²	+$29,530
Land size	this home 397 m² · comparable 350 m²	+$17,432
Street	this home 0.0518 · comparable 0.0317	+$16,604
Cladding	this home 3 · comparable 2	+$10,055
Micro-location	this home 0.0955 · comparable 0.0998	−$3,553
Year built	this home 2003 · comparable 2002	+$2,360
Distance to beach	this home 4.98 km · comparable 4.96 km	−$273
Net adjustment		+$204,983

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 8 Gerona Circuit 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 8 Gerona Circuit 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 →

8 Gerona Circuit

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

40 Gerona Circuit

41 Gerona Circuit

39 Brier Crescent

3 Avellino Drive

16 South Bay Drive

5 Palma Crescent

49 Lantau Crescent

16 Marciana Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 8 Gerona Circuit sit?