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.

16 Manakin Avenue

Sold 31 August 2026 · 1.04 km away

Sold for

$1,900,000

Adjusted to this home

$1,805,920

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Condition	this home 6 · comparable 9	−$266,000
Street	this home 0.15 · comparable -0.0032	+$232,864
Micro-location	this home 0.15 · comparable -0.0002	+$228,304
Land size	this home 600 m² · comparable 812 m²	−$169,600
Bedrooms	this home 3 · comparable 4	−$100,000
Floor area	this home 131 m² · comparable 156.04 m²	−$45,974
Distance to beach	this home 1.09 km · comparable 1.71 km	+$35,340
Cladding	this home 2 · comparable 3	−$33,474
Year built	this home 1987 · comparable 1982	+$24,460
Net adjustment		−$94,080

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

6 Wedgebill Parade

Sold 1.44 km away

Sold for

$1,795,000

Adjusted to this home

$1,749,051

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Bedrooms	this home 3 · comparable 4	−$100,000
Micro-location	this home 0.15 · comparable 0.0883	+$88,602
Pool	this home 1 · comparable 0	+$72,000
Condition	this home 6 · comparable 7	−$71,800
Floor area	this home 131 m² · comparable 165.7 m²	−$63,709
Distance to beach	this home 1.09 km · comparable 1.93 km	+$45,234
Year built	this home 1987 · comparable 1990	−$14,676
Land size	this home 600 m² · comparable 602 m²	−$1,600
Net adjustment		−$45,949

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

39 Honeyeater Drive

Sold 0.66 km away

Sold for

$2,095,000

Adjusted to this home

$1,849,439

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Condition	this home 6 · comparable 9	−$293,300
Micro-location	this home 0.15 · comparable 0.0835	+$111,454
Street	this home 0.15 · comparable 0.0962	+$90,169
Floor area	this home 131 m² · comparable 160 m²	−$53,244
Land size	this home 600 m² · comparable 660 m²	−$48,000
Car spaces	this home 2 · comparable 3	−$36,000
Cladding	this home 2 · comparable 3	−$33,474
Distance to beach	this home 1.09 km · comparable 1.28 km	+$11,942
Year built	this home 1987 · comparable 1986	+$4,892
Net adjustment		−$245,561

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

17 Manakin Avenue

Sold 21 May 2026 · 1.01 km away

Sold for

$1,800,000

Adjusted to this home

$1,735,570

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Street	this home 0.15 · comparable -0.0032	+$220,608
Floor area	this home 131 m² · comparable 249 m²	−$216,648
Micro-location	this home 0.15 · comparable 0.0089	+$203,184
Condition	this home 6 · comparable 8	−$144,000
Bedrooms	this home 3 · comparable 4	−$100,000
Car spaces	this home 2 · comparable 3	−$36,000
Cladding	this home 2 · comparable 3	−$33,474
Distance to beach	this home 1.09 km · comparable 1.65 km	+$30,240
Year built	this home 1987 · comparable 1982	+$24,460
Land size	this home 600 m² · comparable 616 m²	−$12,800
Net adjustment		−$64,430

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

48 Bluejay Street

Sold 13 February 2026 · 0.63 km away

Sold for

$1,910,000

Adjusted to this home

$1,834,533

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Condition	this home 6 · comparable 8	−$152,800
Floor area	this home 131 m² · comparable 96.86 m²	+$62,681
Year built	this home 1987 · comparable 1980	+$34,244
Cladding	this home 2 · comparable 3	−$33,474
Distance to beach	this home 1.09 km · comparable 1.43 km	+$19,482
Land size	this home 600 m² · comparable 607 m²	−$5,600
Net adjustment		−$75,467

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

3 Styer Circuit

Sold 10 April 2026 · 0.98 km away

Sold for

$1,705,000

Adjusted to this home

$1,677,886

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Condition	this home 6 · comparable 9	−$238,700
Micro-location	this home 0.15 · comparable 0.0165	+$182,094
Land size	this home 600 m² · comparable 409 m²	+$152,800
Floor area	this home 131 m² · comparable 166 m²	−$64,260
Year built	this home 1987 · comparable 1996	−$44,028
Distance to beach	this home 1.09 km · comparable 1.92 km	+$42,454
Cladding	this home 2 · comparable 3	−$33,474
Air conditioning	this home 0 · comparable 1	−$24,000
Net adjustment		−$27,114

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

17 Pitta Place

Sold 29 July 2026 · 0.17 km away

Sold for

$2,137,000

Adjusted to this home

$1,896,344

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Street	this home 0.15 · comparable 0.0195	+$223,102
Condition	this home 6 · comparable 8	−$170,960
Bedrooms	this home 3 · comparable 4	−$100,000
Floor area	this home 131 m² · comparable 181 m²	−$91,800
Land size	this home 600 m² · comparable 714 m²	−$91,200
Year built	this home 1987 · comparable 1982	+$24,460
Air conditioning	this home 0 · comparable 1	−$24,000
Distance to beach	this home 1.09 km · comparable 0.93 km	−$10,258
Net adjustment		−$240,656

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

56 Banksia Broadway

Sold 5 June 2026 · 0.62 km away

Sold for

$1,965,000

Adjusted to this home

$1,747,062

What we added and subtracted to make this sale comparable to 9 Penguin Parade
Bedrooms	this home 3 · comparable 4	−$100,000
Condition	this home 6 · comparable 7	−$78,600
Land size	this home 600 m² · comparable 685 m²	−$68,000
Car spaces	this home 2 · comparable 1	+$36,000
Year built	this home 1987 · comparable 1993	−$29,352
Distance to beach	this home 1.09 km · comparable 1.37 km	+$16,506
Floor area	this home 131 m² · comparable 128 m²	+$5,508
Net adjustment		−$217,938

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 9 Penguin Parade 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 Penguin Parade 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 Penguin Parade

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Your valuation

The 8 sales behind that range — and every adjustment