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 · 0.71 km away

Sold for

$1,515,000

Adjusted to this home

$1,489,892

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Micro-location	this home 0.1226 · comparable 0.0574	+$79,022
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 191 m² · comparable 151 m²	+$30,528
Bedrooms	this home 3 · comparable 4	−$24,746
Land size	this home 624 m² · comparable 570 m²	+$17,971
Year built	this home 2002 · comparable 1999	+$11,042
Distance to beach	this home 4.43 km · comparable 3.98 km	−$9,145
Cladding	this home 3 · comparable 4	−$1,780
Net adjustment		−$25,108

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

40 Gerona Circuit

Sold 26 May 2026 · 0.75 km away

Sold for

$1,410,000

Adjusted to this home

$1,437,499

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Land size	this home 624 m² · comparable 400 m²	+$74,547
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.1226 · comparable 0.0943	+$31,922
Bedrooms	this home 3 · comparable 4	−$24,746
Distance to beach	this home 4.43 km · comparable 5.03 km	+$11,167
Year built	this home 2002 · comparable 2003	−$3,681
Floor area	this home 191 m² · comparable 188 m²	+$2,290
Net adjustment		+$27,499

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

41 Gerona Circuit

Sold 26 May 2026 · 0.83 km away

Sold for

$1,410,000

Adjusted to this home

$1,466,165

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Micro-location	this home 0.1226 · comparable 0.0822	+$45,571
Bedrooms	this home 3 · comparable 4	−$24,746
Distance to beach	this home 4.43 km · comparable 5.15 km	+$13,401
Floor area	this home 191 m² · comparable 174 m²	+$12,974
Land size	this home 624 m² · comparable 586 m²	+$12,646
Year built	this home 2002 · comparable 2003	−$3,681
Net adjustment		+$56,165

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

5 Palma Crescent

Sold 27 March 2026 · 0.86 km away

Sold for

$1,395,000

Adjusted to this home

$1,394,993

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Water views	this home 0 · comparable 1	−$128,873
Land size	this home 624 m² · comparable 350 m²	+$91,187
Micro-location	this home 0.1226 · comparable 0.0871	+$39,618
Bedrooms	this home 3 · comparable 4	−$24,746
Floor area	this home 191 m² · comparable 172.46 m²	+$14,150
Distance to beach	this home 4.43 km · comparable 5.1 km	+$12,338
Year built	this home 2002 · comparable 2003	−$3,681
Net adjustment		−$7

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

11 Grenada Court

Sold 12 June 2026 · 0.22 km away

Sold for

$1,350,000

Adjusted to this home

$1,510,111

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Land size	this home 624 m² · comparable 295 m²	+$109,491
Floor area	this home 191 m² · comparable 118.7 m²	+$55,179
Micro-location	this home 0.1226 · comparable 0.1321	−$10,260
Distance to beach	this home 4.43 km · comparable 4.65 km	+$3,921
Cladding	this home 3 · comparable 2	+$1,780
Net adjustment		+$160,111

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.27 km away

Sold for

$1,570,000

Adjusted to this home

$1,594,010

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Land size	this home 624 m² · comparable 331 m²	+$97,510
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.1226 · comparable 0.0807	+$52,626
Year built	this home 2002 · comparable 2010	−$29,446
Bedrooms	this home 3 · comparable 4	−$24,746
Floor area	this home 191 m² · comparable 199 m²	−$6,106
Distance to beach	this home 4.43 km · comparable 4.17 km	−$5,388
Cladding	this home 3 · comparable 1	+$3,560
Net adjustment		+$24,010

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

22 Mapleton Circuit

Sold 1 June 2026 · 0.70 km away

Sold for

$1,500,000

Adjusted to this home

$1,595,557

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Micro-location	this home 0.1226 · comparable 0.0233	+$119,160
Floor area	this home 191 m² · comparable 213.39 m²	−$17,088
Land size	this home 624 m² · comparable 640 m²	−$5,325
Distance to beach	this home 4.43 km · comparable 4.28 km	−$2,970
Cladding	this home 3 · comparable 2	+$1,780
Net adjustment		+$95,557

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

13 Kodiak Drive

Sold 24 August 2026 · 0.42 km away

Sold for

$1,820,000

Adjusted to this home

$1,625,330

What we added and subtracted to make this sale comparable to 10 Avellino Drive
Pool	this home 0 · comparable 1	−$64,000
Storeys	this home 1 · comparable 2	−$44,048
Car spaces	this home 2 · comparable 3	−$32,000
Bedrooms	this home 3 · comparable 4	−$24,746
Bathrooms	this home 2 · comparable 3	−$17,348
Distance to beach	this home 4.43 km · comparable 4.84 km	+$9,850
Floor area	this home 191 m² · comparable 202.99 m²	−$9,150
Land size	this home 624 m² · comparable 640 m²	−$5,325
Micro-location	this home 0.1226 · comparable 0.1255	−$4,222
Year built	this home 2002 · comparable 2003	−$3,681
Net adjustment		−$194,670

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 10 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 10 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

14 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 →

10 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

41 Gerona Circuit

5 Palma Crescent

11 Grenada Court

22 Elizabeth Crescent

22 Mapleton Circuit

13 Kodiak Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 10 Avellino Drive sit?