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 · 0.75 km away

Sold for

$1,515,000

Adjusted to this home

$1,436,211

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Condition	this home 7 · comparable 9	−$151,500
Micro-location	this home 0.133 · comparable 0.0574	+$91,627
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 220 m² · comparable 151 m²	+$51,281
Bedrooms	this home 5 · comparable 4	+$24,154
Cladding	this home 3 · comparable 4	−$20,000
Year built	this home 2002 · comparable 1999	+$10,774
Land size	this home 536 m² · comparable 570 m²	−$10,581
Distance to beach	this home 4.5 km · comparable 3.98 km	−$10,544
Net adjustment		−$78,789

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

40 Gerona Circuit

Sold 26 May 2026 · 0.69 km away

Sold for

$1,410,000

Adjusted to this home

$1,550,186

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Micro-location	this home 0.133 · comparable 0.0943	+$43,654
Land size	this home 536 m² · comparable 400 m²	+$42,323
Bedrooms	this home 5 · comparable 4	+$24,154
Floor area	this home 220 m² · comparable 188 m²	+$23,782
Distance to beach	this home 4.5 km · comparable 5.03 km	+$9,864
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		+$140,186

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

49 Lantau Crescent

Sold 21 January 2026 · 0.66 km away

Sold for

$1,475,000

Adjusted to this home

$1,496,497

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Condition	this home 7 · comparable 9	−$147,500
Micro-location	this home 0.133 · comparable 0.0831	+$58,882
Land size	this home 536 m² · comparable 400 m²	+$42,323
Floor area	this home 220 m² · comparable 176.74 m²	+$32,151
Bedrooms	this home 5 · comparable 4	+$24,154
Distance to beach	this home 4.5 km · comparable 5.09 km	+$11,487
Net adjustment		+$21,497

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

45 North Shore Avenue

Sold 22 April 2026 · 0.79 km away

Sold for

$1,700,000

Adjusted to this home

$1,606,571

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Condition	this home 7 · comparable 9	−$170,000
Micro-location	this home 0.133 · comparable 0.0333	+$135,592
Car spaces	this home 2 · comparable 4	−$64,000
Land size	this home 536 m² · comparable 637 m²	−$31,431
Bedrooms	this home 5 · comparable 4	+$24,154
Floor area	this home 220 m² · comparable 188 m²	+$23,782
Distance to beach	this home 4.5 km · comparable 3.99 km	−$11,526
Net adjustment		−$93,429

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

13 Saint Paul Crescent

Sold 31 August 2026 · 0.37 km away

Sold for

$1,590,000

Adjusted to this home

$1,437,114

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Condition	this home 7 · comparable 9	−$159,000
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$42,490
Land size	this home 536 m² · comparable 449 m²	+$27,074
Micro-location	this home 0.133 · comparable 0.15	−$21,624
Floor area	this home 220 m² · comparable 241.24 m²	−$15,786
Year built	this home 2002 · comparable 2003	−$3,591
Distance to beach	this home 4.5 km · comparable 4.43 km	−$1,469
Net adjustment		−$152,886

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

41 Gerona Circuit

Sold 26 May 2026 · 0.75 km away

Sold for

$1,410,000

Adjusted to this home

$1,582,590

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.133 · comparable 0.0822	+$57,302
Floor area	this home 220 m² · comparable 174 m²	+$34,187
Bedrooms	this home 5 · comparable 4	+$24,154
Land size	this home 536 m² · comparable 586 m²	−$15,560
Distance to beach	this home 4.5 km · comparable 5.15 km	+$12,098
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		+$172,590

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

56 Southlake Drive

Sold 21 July 2026 · 0.86 km away

Sold for

$1,660,000

Adjusted to this home

$1,694,633

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Condition	this home 7 · comparable 9	−$166,000
Micro-location	this home 0.133 · comparable 0.0447	+$117,262
Floor area	this home 220 m² · comparable 133 m²	+$64,658
Land size	this home 536 m² · comparable 432 m²	+$32,365
Year built	this home 2002 · comparable 1993	+$32,321
Car spaces	this home 2 · comparable 3	−$32,000
Bedrooms	this home 5 · comparable 4	+$24,154
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.5 km · comparable 3.76 km	−$18,127
Net adjustment		+$34,633

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

13 Kodiak Drive

Sold 24 August 2026 · 0.35 km away

Sold for

$1,820,000

Adjusted to this home

$1,564,188

What we added and subtracted to make this sale comparable to 1 Avellino Drive
Condition	this home 7 · comparable 9	−$182,000
Storeys	this home 1 · comparable 2	−$42,490
Land size	this home 536 m² · comparable 640 m²	−$32,365
Car spaces	this home 2 · comparable 3	−$32,000
Bedrooms	this home 5 · comparable 4	+$24,154
Bathrooms	this home 2 · comparable 3	−$19,250
Floor area	this home 220 m² · comparable 202.99 m²	+$12,642
Micro-location	this home 0.133 · comparable 0.1255	+$10,920
Distance to beach	this home 4.5 km · comparable 4.84 km	+$8,168
Year built	this home 2002 · comparable 2003	−$3,591
Net adjustment		−$255,812

A further 7 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 1 Avellino Drive 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 1 Avellino Drive 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 →

1 Avellino Drive

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

45 North Shore Avenue

13 Saint Paul Crescent

41 Gerona Circuit

56 Southlake Drive

13 Kodiak Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 1 Avellino Drive sit?