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.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.36 km away

Sold for

$1,590,000

Adjusted to this home

$1,585,930

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Condition	this home 8 · comparable 9	−$95,400
Car spaces	this home 4 · comparable 2	+$64,000
Floor area	this home 310 m² · comparable 241.24 m²	+$59,354
Storeys	this home 1 · comparable 2	−$54,129
Land size	this home 582 m² · comparable 449 m²	+$45,539
Micro-location	this home 0.1201 · comparable 0.15	−$38,033
Bathrooms	this home 3 · comparable 2	+$20,476
Cladding	this home 2 · comparable 3	−$3,904
Year built	this home 2002 · comparable 2003	−$2,393
Distance to beach	this home 4.41 km · comparable 4.43 km	+$420
Net adjustment		−$4,070

A further 7 factors were compared and found the same on both properties, so no money moved.

95 Bayswater Ave

Sold 7 March 2026 · 0.11 km away

Sold for

$1,682,500

Adjusted to this home

$1,638,474

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Condition	this home 8 · comparable 9	−$100,950
Car spaces	this home 4 · comparable 2	+$64,000
Storeys	this home 1 · comparable 2	−$54,129
Land size	this home 582 m² · comparable 488 m²	+$32,186
Floor area	this home 310 m² · comparable 294.19 m²	+$13,647
Micro-location	this home 0.1201 · comparable 0.116	+$5,518
Cladding	this home 2 · comparable 3	−$3,904
Year built	this home 2002 · comparable 2003	−$2,393
Distance to beach	this home 4.41 km · comparable 4.5 km	+$1,999
Net adjustment		−$44,026

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

45 North Shore Avenue

Sold 22 April 2026 · 0.73 km away

Sold for

$1,700,000

Adjusted to this home

$1,759,558

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Micro-location	this home 0.1201 · comparable 0.0333	+$118,048
Floor area	this home 310 m² · comparable 188 m²	+$105,310
Condition	this home 8 · comparable 9	−$102,000
Pool	this home 0 · comparable 1	−$64,000
Bathrooms	this home 3 · comparable 2	+$20,476
Land size	this home 582 m² · comparable 637 m²	−$18,832
Bedrooms	this home 5 · comparable 4	+$13,966
Distance to beach	this home 4.41 km · comparable 3.99 km	−$9,506
Cladding	this home 2 · comparable 3	−$3,904
Net adjustment		+$59,558

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

4 Barbie Avenue

Sold 5 August 2026 · 0.69 km away

Sold for

$1,515,000

Adjusted to this home

$1,602,518

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Floor area	this home 310 m² · comparable 151 m²	+$137,249
Condition	this home 8 · comparable 9	−$90,900
Micro-location	this home 0.1201 · comparable 0.0574	+$75,993
Pool	this home 0 · comparable 1	−$64,000
Bathrooms	this home 3 · comparable 2	+$20,476
Bedrooms	this home 5 · comparable 4	+$13,966
Distance to beach	this home 4.41 km · comparable 3.98 km	−$8,745
Cladding	this home 2 · comparable 4	−$7,808
Year built	this home 2002 · comparable 1999	+$7,178
Land size	this home 582 m² · comparable 570 m²	+$4,109
Net adjustment		+$87,518

A further 7 factors were compared and found the same on both properties, so no money moved.

28 Meridien Avenue

Sold 19 February 2026 · 0.69 km away

Sold for

$1,820,000

Adjusted to this home

$1,802,085

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Pool	this home 0 · comparable 1	−$64,000
Land size	this home 582 m² · comparable 400 m²	+$62,317
Micro-location	this home 0.1201 · comparable 0.15	−$43,534
Bathrooms	this home 3 · comparable 2	+$20,476
Bedrooms	this home 5 · comparable 4	+$13,966
Year built	this home 2002 · comparable 2005	−$7,178
Distance to beach	this home 4.41 km · comparable 4.61 km	+$4,805
Cladding	this home 2 · comparable 3	−$3,904
Floor area	this home 310 m² · comparable 311 m²	−$863
Net adjustment		−$17,915

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

3 Port Peyra Crescent

Sold 4 June 2026 · 0.48 km away

Sold for

$1,950,000

Adjusted to this home

$1,952,656

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Land size	this home 582 m² · comparable 824 m²	−$82,861
Condition	this home 8 · comparable 7	+$78,000
Floor area	this home 310 m² · comparable 233.19 m²	+$66,302
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 0 · comparable 1	−$64,000
Storeys	this home 1 · comparable 2	−$54,129
Micro-location	this home 0.1201 · comparable 0.1346	−$22,620
Bathrooms	this home 3 · comparable 2	+$20,476
Distance to beach	this home 4.41 km · comparable 4.65 km	+$6,178
Year built	this home 2002 · comparable 2004	−$4,786
Cladding	this home 2 · comparable 3	−$3,904
Net adjustment		+$2,656

A further 6 factors were compared and found the same on both properties, so no money moved.

13 Kodiak Drive

Sold 24 August 2026 · 0.44 km away

Sold for

$1,820,000

Adjusted to this home

$1,707,320

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Condition	this home 8 · comparable 9	−$109,200
Floor area	this home 310 m² · comparable 202.99 m²	+$92,371
Pool	this home 0 · comparable 1	−$64,000
Storeys	this home 1 · comparable 2	−$54,129
Car spaces	this home 4 · comparable 3	+$32,000
Land size	this home 582 m² · comparable 640 m²	−$19,859
Bedrooms	this home 5 · comparable 4	+$13,966
Distance to beach	this home 4.41 km · comparable 4.84 km	+$10,330
Micro-location	this home 0.1201 · comparable 0.1255	−$7,862
Cladding	this home 2 · comparable 3	−$3,904
Year built	this home 2002 · comparable 2003	−$2,393
Net adjustment		−$112,680

A further 6 factors were compared and found the same on both properties, so no money moved.

73 Azzurra Drive

Sold 10 February 2026 · 0.51 km away

Sold for

$1,730,000

Adjusted to this home

$1,683,670

What we added and subtracted to make this sale comparable to 12 Avellino Drive
Condition	this home 8 · comparable 9	−$103,800
Floor area	this home 310 m² · comparable 201.57 m²	+$93,597
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 0 · comparable 1	−$64,000
Storeys	this home 1 · comparable 2	−$54,129
Land size	this home 582 m² · comparable 432 m²	+$51,360
Micro-location	this home 0.1201 · comparable 0.15	−$41,382
Bathrooms	this home 3 · comparable 2	+$20,476
Year built	this home 2002 · comparable 2005	−$7,178
Cladding	this home 2 · comparable 3	−$3,904
Distance to beach	this home 4.41 km · comparable 4.35 km	−$1,370
Net adjustment		−$46,330

A further 6 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 12 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 12 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

19 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 →

12 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

13 Saint Paul Crescent

95 Bayswater Ave

45 North Shore Avenue

4 Barbie Avenue

28 Meridien Avenue

3 Port Peyra Crescent

13 Kodiak Drive

73 Azzurra Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 12 Avellino Drive sit?