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 Marciana Crescent

Sold 31 July 2026 · 0.11 km away

Sold for

$1,225,000

Adjusted to this home

$1,294,790

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Bedrooms	this home 4 · comparable 3	+$35,370
Floor area	this home 168 m² · comparable 147 m²	+$18,648
Micro-location	this home 0.11 · comparable 0.0998	+$9,996
Land size	this home 448 m² · comparable 350 m²	+$3,998
Distance to beach	this home 4.85 km · comparable 4.96 km	+$1,778
Net adjustment		+$69,790

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

11 Grenada Court

Sold 12 June 2026 · 0.33 km away

Sold for

$1,350,000

Adjusted to this home

$1,299,958

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Condition	this home 6 · comparable 8	−$108,000
Floor area	this home 168 m² · comparable 118.7 m²	+$43,778
Bedrooms	this home 4 · comparable 3	+$35,370
Micro-location	this home 0.11 · comparable 0.1321	−$23,868
Land size	this home 448 m² · comparable 295 m²	+$6,242
Distance to beach	this home 4.85 km · comparable 4.65 km	−$3,564
Net adjustment		−$50,042

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

39 Brier Crescent

Sold 16 May 2026 · 1.02 km away

Sold for

$1,302,000

Adjusted to this home

$1,265,578

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Condition	this home 6 · comparable 8	−$104,160
Micro-location	this home 0.11 · comparable 0.0157	+$98,223
Year built	this home 2002 · comparable 2013	−$46,094
Bedrooms	this home 4 · comparable 3	+$35,370
Car spaces	this home 2 · comparable 3	−$32,000
Floor area	this home 168 m² · comparable 141 m²	+$23,976
Land size	this home 448 m² · comparable 708 m²	−$10,608
Distance to beach	this home 4.85 km · comparable 4.35 km	−$8,593
Cladding	this home 2 · comparable 1	+$7,464
Net adjustment		−$36,422

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

41 Gerona Circuit

Sold 26 May 2026 · 0.32 km away

Sold for

$1,410,000

Adjusted to this home

$1,367,930

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Condition	this home 6 · comparable 7	−$56,400
Micro-location	this home 0.11 · comparable 0.0822	+$31,358
Cladding	this home 2 · comparable 3	−$7,464
Land size	this home 448 m² · comparable 586 m²	−$5,630
Distance to beach	this home 4.85 km · comparable 5.15 km	+$5,584
Floor area	this home 168 m² · comparable 174 m²	−$5,328
Year built	this home 2002 · comparable 2003	−$4,190
Net adjustment		−$42,070

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

38 Palma Crescent

Sold 9 January 2026 · 0.35 km away

Sold for

$1,350,000

Adjusted to this home

$1,311,048

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Condition	this home 6 · comparable 8	−$108,000
Bedrooms	this home 4 · comparable 3	+$35,370
Micro-location	this home 0.11 · comparable 0.0871	+$24,732
Floor area	this home 168 m² · comparable 147.41 m²	+$18,284
Year built	this home 2002 · comparable 2005	−$12,571
Cladding	this home 2 · comparable 3	−$7,464
Land size	this home 448 m² · comparable 295 m²	+$6,242
Distance to beach	this home 4.85 km · comparable 5.1 km	+$4,455
Net adjustment		−$38,952

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

40 Gerona Circuit

Sold 26 May 2026 · 0.24 km away

Sold for

$1,410,000

Adjusted to this home

$1,283,204

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 6 · comparable 7	−$56,400
Floor area	this home 168 m² · comparable 188 m²	−$17,760
Micro-location	this home 0.11 · comparable 0.0943	+$17,710
Cladding	this home 2 · comparable 3	−$7,464
Year built	this home 2002 · comparable 2003	−$4,190
Distance to beach	this home 4.85 km · comparable 5.03 km	+$3,350
Land size	this home 448 m² · comparable 400 m²	+$1,958
Net adjustment		−$126,796

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

13 Acklin Court

Sold 2 September 2026 · 0.69 km away

Sold for

$1,110,000

Adjusted to this home

$1,121,539

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Condition	this home 6 · comparable 7	−$44,400
Bedrooms	this home 4 · comparable 3	+$35,370
Floor area	this home 168 m² · comparable 137 m²	+$27,528
Distance to beach	this home 4.85 km · comparable 4.16 km	−$10,110
Micro-location	this home 0.11 · comparable 0.1014	+$7,637
Cladding	this home 2 · comparable 3	−$7,464
Land size	this home 448 m² · comparable 375 m²	+$2,978
Net adjustment		+$11,539

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

21 Altissimo Close

Sold 3 February 2026 · 1.16 km away

Sold for

$1,355,000

Adjusted to this home

$1,338,439

What we added and subtracted to make this sale comparable to 10 Mindelo Drive
Condition	this home 6 · comparable 9	−$189,700
Micro-location	this home 0.11 · comparable 0.0315	+$85,094
Floor area	this home 168 m² · comparable 114 m²	+$47,952
Bedrooms	this home 4 · comparable 3	+$35,370
Year built	this home 2002 · comparable 1994	+$33,523
Distance to beach	this home 4.85 km · comparable 3.69 km	−$22,764
Cladding	this home 2 · comparable 3	−$7,464
Land size	this home 448 m² · comparable 413 m²	+$1,428
Net adjustment		−$16,561

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 10 Mindelo 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 Mindelo 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 →

10 Mindelo Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

16 Marciana Crescent

11 Grenada Court

39 Brier Crescent

41 Gerona Circuit

38 Palma Crescent

40 Gerona Circuit

13 Acklin Court

21 Altissimo Close

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