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.

117 Honeyeater Drive

Sold 12 August 2026 · 0.30 km away

Sold for

$1,530,000

Adjusted to this home

$1,499,136

What we added and subtracted to make this sale comparable to 9 Monarch Place
Bedrooms	this home 3 · comparable 4	−$89,821
Land size	this home 507 m² · comparable 430 m²	+$43,921
Cladding	this home 3 · comparable 2	+$24,000
Floor area	this home 144 m² · comparable 153 m²	−$21,600
Distance to beach	this home 1.91 km · comparable 2.18 km	+$9,088
Year built	this home 1997 · comparable 1993	+$5,139
Micro-location	this home -0.0145 · comparable -0.0132	−$1,591
Net adjustment		−$30,864

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

55 Tours Way

Sold 22 June 2026 · 0.70 km away

Sold for

$1,400,000

Adjusted to this home

$1,482,727

What we added and subtracted to make this sale comparable to 9 Monarch Place
Land size	this home 507 m² · comparable 90 m²	+$237,857
Condition	this home 7 · comparable 9	−$140,000
Storeys	this home 1 · comparable 2	−$48,000
Pool	this home 1 · comparable 0	+$47,554
Floor area	this home 144 m² · comparable 163 m²	−$45,600
Micro-location	this home -0.0145 · comparable -0.0439	+$32,928
Year built	this home 1997 · comparable 2007	−$12,848
Distance to beach	this home 1.91 km · comparable 2.28 km	+$10,836
Net adjustment		+$82,727

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

6 Thornbill Place

Sold 11 July 2026 · 0.28 km away

Sold for

$1,410,000

Adjusted to this home

$1,386,196

What we added and subtracted to make this sale comparable to 9 Monarch Place
Bedrooms	this home 3 · comparable 4	−$89,821
Floor area	this home 144 m² · comparable 126.87 m²	+$41,112
Land size	this home 507 m² · comparable 448 m²	+$33,654
Car spaces	this home 2 · comparable 4	−$19,246
Distance to beach	this home 1.91 km · comparable 2.15 km	+$7,614
Year built	this home 1997 · comparable 1993	+$5,139
Micro-location	this home -0.0145 · comparable -0.0125	−$2,256
Net adjustment		−$23,804

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

31 Galeen Drive

Sold 31 August 2026 · 0.36 km away

Sold for

$1,320,000

Adjusted to this home

$1,471,704

What we added and subtracted to make this sale comparable to 9 Monarch Place
Land size	this home 507 m² · comparable 400 m²	+$61,033
Micro-location	this home -0.0145 · comparable 0.039	−$56,496
Condition	this home 7 · comparable 6	+$52,800
Pool	this home 1 · comparable 0	+$47,554
Floor area	this home 144 m² · comparable 132.39 m²	+$27,864
Cladding	this home 3 · comparable 2	+$24,000
Distance to beach	this home 1.91 km · comparable 1.75 km	−$6,336
Year built	this home 1997 · comparable 1996	+$1,285
Net adjustment		+$151,704

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

17 Beaconsfield Drive

Sold 16 March 2026 · 0.90 km away

Sold for

$1,600,000

Adjusted to this home

$1,599,515

What we added and subtracted to make this sale comparable to 9 Monarch Place
Condition	this home 7 · comparable 9	−$160,000
Micro-location	this home -0.0145 · comparable -0.0547	+$51,456
Land size	this home 507 m² · comparable 420 m²	+$49,625
Floor area	this home 144 m² · comparable 130 m²	+$33,600
Cladding	this home 3 · comparable 2	+$24,000
Air conditioning	this home 0 · comparable 1	−$24,000
Distance to beach	this home 1.91 km · comparable 2.4 km	+$15,840
Year built	this home 1997 · comparable 1990	+$8,994
Net adjustment		−$485

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

120 Christine Avenue

Sold 6 August 2026 · 0.68 km away

Sold for

$1,300,000

Adjusted to this home

$1,285,124

What we added and subtracted to make this sale comparable to 9 Monarch Place
Land size	this home 507 m² · comparable 648 m²	−$80,426
Micro-location	this home -0.0145 · comparable 0.0338	−$50,232
Pool	this home 1 · comparable 0	+$47,554
Floor area	this home 144 m² · comparable 128 m²	+$38,400
Cladding	this home 3 · comparable 2	+$24,000
Year built	this home 1997 · comparable 1987	+$12,848
Distance to beach	this home 1.91 km · comparable 1.73 km	−$7,020
Net adjustment		−$14,876

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

25 Anthony Drive

Sold 26 May 2026 · 0.49 km away

Sold for

$1,680,000

Adjusted to this home

$1,625,236

What we added and subtracted to make this sale comparable to 9 Monarch Place
Micro-location	this home -0.0145 · comparable 0.0428	−$77,011
Land size	this home 507 m² · comparable 603 m²	−$54,758
Pool	this home 1 · comparable 0	+$47,554
Cladding	this home 3 · comparable 2	+$24,000
Year built	this home 1997 · comparable 1980	+$21,842
Distance to beach	this home 1.91 km · comparable 1.49 km	−$21,168
Floor area	this home 144 m² · comparable 138 m²	+$14,400
Car spaces	this home 2 · comparable 3	−$9,623
Net adjustment		−$54,764

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

6 Wedgebill Parade

Sold 1.73 km away

Sold for

$1,795,000

Adjusted to this home

$1,532,915

What we added and subtracted to make this sale comparable to 9 Monarch Place
Micro-location	this home -0.0145 · comparable 0.0883	−$147,621
Bedrooms	this home 3 · comparable 4	−$89,821
Land size	this home 507 m² · comparable 602 m²	−$54,188
Floor area	this home 144 m² · comparable 165.7 m²	−$52,080
Pool	this home 1 · comparable 0	+$47,554
Cladding	this home 3 · comparable 2	+$24,000
Year built	this home 1997 · comparable 1990	+$8,994
Distance to beach	this home 1.91 km · comparable 1.93 km	+$1,077
Net adjustment		−$262,085

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 9 Monarch Place 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 9 Monarch Place over the past 18 months, compared it with Burleigh Waters’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports

Burleigh Waters

Should I Sell Now?

Absorption Rate: 3.3 months

Burleigh Waters

Is Now a Good Time to Buy?

12-Month Median Price: $1,917,500 (interval $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Crash Risk

Queensland Household Spending: $22.3 billion, trending up

Burleigh Waters

Market Overview

12-Month Median Price: $1,917,500 (90% CI $1,850,277 to $1,965,000; n=216)

Burleigh Waters

Houses vs Units

Asking Price, Houses Vs Units (25 September 2026): $1,970,761 vs $1,178,936 (spread $791,824)

Burleigh Waters

Market Direction

12-Month Median Price (Fields Data): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

Burleigh Waters

Suburb Comparison

12-Month Median Price (Burleigh Waters): $1,917,500 (90% CI $1,850,277 to $1,965,000, n=216)

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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

13 houses are already on the market in Burleigh Waters.

See the homes buyers can choose from — and the market your home would enter.

See houses for sale in Burleigh Waters →See the Burleigh Waters property market →

9 Monarch Place

Houses for sale nearby

Latest listings & sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

117 Honeyeater Drive

55 Tours Way

6 Thornbill Place

31 Galeen Drive

17 Beaconsfield Drive

120 Christine Avenue