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.

4 Barbie Avenue

Sold 5 August 2026 · 0.88 km away

Sold for

$1,515,000

Adjusted to this home

$1,467,685

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Condition	this home 8 · comparable 9	−$90,900
Micro-location	this home 0.1172 · comparable 0.0574	+$72,478
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 211 m² · comparable 151 m²	+$53,280
Distance to beach	this home 4.79 km · comparable 3.98 km	−$16,344
Year built	this home 2002 · comparable 1999	+$12,571
Cladding	this home 3 · comparable 4	−$7,464
Land size	this home 400 m² · comparable 570 m²	−$6,936
Net adjustment		−$47,315

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

40 Gerona Circuit

Sold 26 May 2026 · 0.32 km away

Sold for

$1,410,000

Adjusted to this home

$1,485,409

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Condition	this home 8 · comparable 7	+$56,400
Street	this home 0.0274 · comparable 0.0518	−$27,523
Micro-location	this home 0.1172 · comparable 0.0943	+$25,831
Floor area	this home 211 m² · comparable 188 m²	+$20,424
Distance to beach	this home 4.79 km · comparable 5.03 km	+$4,467
Year built	this home 2002 · comparable 2003	−$4,190
Net adjustment		+$75,409

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

49 Lantau Crescent

Sold 21 January 2026 · 0.30 km away

Sold for

$1,475,000

Adjusted to this home

$1,503,712

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Condition	this home 8 · comparable 9	−$88,500
Street	this home 0.0274 · comparable -0.0071	+$40,710
Micro-location	this home 0.1172 · comparable 0.0831	+$40,238
Floor area	this home 211 m² · comparable 176.74 m²	+$30,423
Distance to beach	this home 4.79 km · comparable 5.09 km	+$5,841
Net adjustment		+$28,712

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

13 Saint Paul Crescent

Sold 31 August 2026 · 0.39 km away

Sold for

$1,590,000

Adjusted to this home

$1,414,901

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Condition	this home 8 · comparable 9	−$95,400
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.1172 · comparable 0.15	−$41,722
Bedrooms	this home 4 · comparable 5	−$35,370
Floor area	this home 211 m² · comparable 241.24 m²	−$26,853
Storeys	this home 1 · comparable 2	−$26,009
Distance to beach	this home 4.79 km · comparable 4.43 km	−$7,556
Year built	this home 2002 · comparable 2003	−$4,190
Land size	this home 400 m² · comparable 449 m²	−$1,999
Net adjustment		−$175,099

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

11 Grenada Court

Sold 12 June 2026 · 0.26 km away

Sold for

$1,350,000

Adjusted to this home

$1,524,494

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Floor area	this home 211 m² · comparable 118.7 m²	+$81,962
Pool	this home 1 · comparable 0	+$64,000
Bedrooms	this home 4 · comparable 3	+$35,370
Micro-location	this home 0.1172 · comparable 0.1321	−$16,092
Cladding	this home 3 · comparable 2	+$7,464
Land size	this home 400 m² · comparable 295 m²	+$4,284
Distance to beach	this home 4.79 km · comparable 4.65 km	−$2,494
Net adjustment		+$174,494

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

16 Marciana Crescent

Sold 31 July 2026 · 0.17 km away

Sold for

$1,225,000

Adjusted to this home

$1,443,795

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Condition	this home 8 · comparable 6	+$76,772
Pool	this home 1 · comparable 0	+$50,137
Floor area	this home 211 m² · comparable 147 m²	+$44,522
Bedrooms	this home 4 · comparable 3	+$27,709
Micro-location	this home 0.1172 · comparable 0.0998	+$13,358
Cladding	this home 3 · comparable 2	+$5,847
Street	this home 0.0274 · comparable 0.0317	−$3,302
Distance to beach	this home 4.79 km · comparable 4.96 km	+$2,154
Land size	this home 400 m² · comparable 350 m²	+$1,598
Net adjustment		+$218,795

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

56 Southlake Drive

Sold 21 July 2026 · 1.06 km away

Sold for

$1,660,000

Adjusted to this home

$1,653,865

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Condition	this home 8 · comparable 9	−$99,600
Micro-location	this home 0.1172 · comparable 0.0447	+$96,280
Floor area	this home 211 m² · comparable 133 m²	+$69,264
Year built	this home 2002 · comparable 1993	+$37,714
Street	this home 0.0274 · comparable 0.0515	−$32,005
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 4.79 km · comparable 3.76 km	−$24,482
Air conditioning	this home 0 · comparable 1	−$20,000
Land size	this home 400 m² · comparable 432 m²	−$1,306
Net adjustment		−$6,135

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

13 Kodiak Drive

Sold 24 August 2026 · 0.15 km away

Sold for

$1,820,000

Adjusted to this home

$1,583,038

What we added and subtracted to make this sale comparable to 8 Majorca Crescent
Condition	this home 8 · comparable 9	−$109,200
Bathrooms	this home 2 · comparable 3	−$52,000
Car spaces	this home 2 · comparable 3	−$32,000
Storeys	this home 1 · comparable 2	−$26,009
Micro-location	this home 0.1172 · comparable 0.1255	−$12,085
Land size	this home 400 m² · comparable 640 m²	−$9,792
Floor area	this home 211 m² · comparable 202.99 m²	+$7,113
Year built	this home 2002 · comparable 2003	−$4,190
Distance to beach	this home 4.79 km · comparable 4.84 km	+$1,201
Net adjustment		−$236,962

A further 8 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 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 8 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

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 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

4 Barbie Avenue

40 Gerona Circuit

49 Lantau Crescent

13 Saint Paul Crescent

11 Grenada Court

16 Marciana Crescent

56 Southlake Drive

13 Kodiak Drive

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