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 · 1.11 km away

Sold for

$1,220,000

Adjusted to this home

$1,255,875

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0315 · comparable 0.0126	+$18,446
Distance to beach	this home 4.28 km · comparable 3.68 km	−$11,536
Land size	this home 448 m² · comparable 426 m²	+$11,053
Floor area	this home 131 m² · comparable 143.96 m²	−$10,326
Year built	this home 2001 · comparable 1994	+$8,238
Net adjustment		+$35,875

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

4 Pascali Court

Sold 5 August 2026 · 1.09 km away

Sold for

$1,150,000

Adjusted to this home

$1,136,890

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Pool	this home 0 · comparable 1	−$109,831
Condition	this home 7 · comparable 6	+$46,000
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0315 · comparable 0.0123	+$17,664
Land size	this home 448 m² · comparable 423 m²	+$12,560
Distance to beach	this home 4.28 km · comparable 3.67 km	−$11,082
Year built	this home 2001 · comparable 1995	+$7,061
Floor area	this home 131 m² · comparable 125.33 m²	+$4,518
Net adjustment		−$13,110

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

11 Grenada Court

Sold 12 June 2026 · 1.08 km away

Sold for

$1,350,000

Adjusted to this home

$1,299,437

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Micro-location	this home 0.0315 · comparable 0.1321	−$108,648
Land size	this home 448 m² · comparable 295 m²	+$76,867
Condition	this home 7 · comparable 8	−$54,000
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 131 m² · comparable 118.7 m²	+$9,801
Distance to beach	this home 4.28 km · comparable 4.65 km	+$6,594
Year built	this home 2001 · comparable 2002	−$1,177
Net adjustment		−$50,563

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

21 Pascali Court

Sold 4 March 2026 · 1.05 km away

Sold for

$1,300,000

Adjusted to this home

$1,300,428

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Condition	this home 7 · comparable 8	−$52,000
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 448 m² · comparable 415 m²	+$16,579
Micro-location	this home 0.0315 · comparable 0.0161	+$16,016
Distance to beach	this home 4.28 km · comparable 3.59 km	−$14,399
Floor area	this home 131 m² · comparable 122 m²	+$7,171
Year built	this home 2001 · comparable 1995	+$7,061
Net adjustment		+$428

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

31 Roundelay Drive

Sold 30 July 2026 · 1.21 km away

Sold for

$1,380,000

Adjusted to this home

$1,306,261

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Condition	this home 7 · comparable 8	−$55,200
Bedrooms	this home 3 · comparable 4	−$29,826
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 131 m² · comparable 151.3 m²	−$16,175
Distance to beach	this home 4.28 km · comparable 3.59 km	−$15,285
Land size	this home 448 m² · comparable 420 m²	+$14,067
Year built	this home 2001 · comparable 1994	+$8,238
Micro-location	this home 0.0315 · comparable 0.0311	+$442
Net adjustment		−$73,739

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

14 Shorehaven Place

Sold 7 April 2026 · 0.50 km away

Sold for

$1,250,000

Adjusted to this home

$1,199,110

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Pool	this home 0 · comparable 1	−$109,831
Land size	this home 448 m² · comparable 329 m²	+$59,786
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 131 m² · comparable 155 m²	−$19,123
Distance to beach	this home 4.28 km · comparable 3.87 km	−$7,545
Micro-location	this home 0.0315 · comparable 0.0245	+$7,000
Year built	this home 2001 · comparable 2002	−$1,177
Net adjustment		−$50,890

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

11 Magenta Drive

Sold 23 February 2026 · 0.22 km away

Sold for

$1,290,000

Adjusted to this home

$1,339,034

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Land size	this home 448 m² · comparable 400 m²	+$24,115
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0315 · comparable 0.0215	+$10,320
Floor area	this home 131 m² · comparable 135 m²	−$3,187
Distance to beach	this home 4.28 km · comparable 4.15 km	−$2,214
Net adjustment		+$49,034

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

13 Acklin Court

Sold 2 September 2026 · 1.19 km away

Sold for

$1,110,000

Adjusted to this home

$1,076,888

What we added and subtracted to make this sale comparable to 8 Mulgrave Crescent
Micro-location	this home 0.0315 · comparable 0.1014	−$62,071
Land size	this home 448 m² · comparable 375 m²	+$36,675
Floor area	this home 131 m² · comparable 137 m²	−$4,781
Distance to beach	this home 4.28 km · comparable 4.16 km	−$1,758
Year built	this home 2001 · comparable 2002	−$1,177
Net adjustment		−$33,112

A further 12 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 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 8 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

19 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 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

4 Pascali Court

11 Grenada Court

21 Pascali Court

31 Roundelay Drive

14 Shorehaven Place

11 Magenta Drive

13 Acklin Court

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