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.

8 Morea Court

Sold 27 August 2026 · 0.68 km away

Sold for

$1,230,000

Adjusted to this home

$1,218,113

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Floor area	this home 258 m² · comparable 148.5 m²	+$103,106
Car spaces	this home 2 · comparable 4	−$64,000
Land size	this home 400 m² · comparable 473 m²	−$37,259
Distance to beach	this home 4.61 km · comparable 3.93 km	−$11,454
Micro-location	this home 0.0236 · comparable 0.0312	−$7,478
Year built	this home 2002 · comparable 2001	+$5,198
Net adjustment		−$11,887

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

11 Grenada Court

Sold 12 June 2026 · 0.69 km away

Sold for

$1,350,000

Adjusted to this home

$1,392,091

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Floor area	this home 258 m² · comparable 118.7 m²	+$131,165
Micro-location	this home 0.0236 · comparable 0.1321	−$117,180
Condition	this home 7 · comparable 8	−$54,000
Land size	this home 400 m² · comparable 295 m²	+$53,592
Cladding	this home 3 · comparable 2	+$20,000
Bedrooms	this home 4 · comparable 3	+$7,801
Distance to beach	this home 4.61 km · comparable 4.65 km	+$713
Net adjustment		+$42,091

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

41 Gerona Circuit

Sold 26 May 2026 · 1.22 km away

Sold for

$1,410,000

Adjusted to this home

$1,333,249

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Land size	this home 400 m² · comparable 586 m²	−$94,934
Floor area	this home 258 m² · comparable 174 m²	+$79,094
Micro-location	this home 0.0236 · comparable 0.0822	−$66,101
Distance to beach	this home 4.61 km · comparable 5.15 km	+$10,050
Year built	this home 2002 · comparable 2003	−$5,198
Street	this home 0.0521 · comparable 0.0518	+$338
Net adjustment		−$76,751

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

3 Avellino Drive

Sold 19 January 2026 · 0.67 km away

Sold for

$1,350,000

Adjusted to this home

$1,324,962

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Micro-location	this home 0.0236 · comparable 0.1354	−$120,744
Floor area	this home 258 m² · comparable 181 m²	+$72,503
Land size	this home 400 m² · comparable 350 m²	+$25,520
Distance to beach	this home 4.61 km · comparable 4.48 km	−$2,317
Net adjustment		−$25,038

A further 13 factors were compared and found the same on both properties, so no money moved.

28 Pristine Court

Sold 8 October 2026 · 1.17 km away

Sold for

$1,170,000

Adjusted to this home

$1,279,552

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Floor area	this home 258 m² · comparable 141.71 m²	+$109,498
Pool	this home 0 · comparable 1	−$90,384
Street	this home 0.0521 · comparable -0.0146	+$62,431
Year built	this home 2002 · comparable 1995	+$36,383
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.61 km · comparable 3.54 km	−$19,109
Micro-location	this home 0.0236 · comparable 0.0342	−$9,922
Bedrooms	this home 4 · comparable 3	+$7,801
Land size	this home 400 m² · comparable 414 m²	−$7,146
Net adjustment		+$109,552

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

14 Windemere Crescent

Sold 10 March 2026 · 0.48 km away

Sold for

$1,350,000

Adjusted to this home

$1,292,772

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Water views	this home 0 · comparable 1	−$192,362
Floor area	this home 258 m² · comparable 123.36 m²	+$126,777
Street	this home 0.0521 · comparable 0.0323	+$21,384
Micro-location	this home 0.0236 · comparable 0.0348	−$12,096
Distance to beach	this home 4.61 km · comparable 4.12 km	−$8,732
Bedrooms	this home 4 · comparable 3	+$7,801
Net adjustment		−$57,228

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

40 Gerona Circuit

Sold 26 May 2026 · 1.21 km away

Sold for

$1,410,000

Adjusted to this home

$1,308,735

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Pool	this home 0 · comparable 1	−$90,384
Micro-location	this home 0.0236 · comparable 0.0943	−$79,750
Floor area	this home 258 m² · comparable 188 m²	+$65,912
Distance to beach	this home 4.61 km · comparable 5.03 km	+$7,817
Year built	this home 2002 · comparable 2003	−$5,198
Street	this home 0.0521 · comparable 0.0518	+$338
Net adjustment		−$101,265

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

16 Marciana Crescent

Sold 31 July 2026 · 1.04 km away

Sold for

$1,225,000

Adjusted to this home

$1,363,685

What we added and subtracted to make this sale comparable to 12 Carina Peak Drive
Floor area	this home 258 m² · comparable 147 m²	+$91,849
Micro-location	this home 0.0236 · comparable 0.0998	−$65,625
Condition	this home 7 · comparable 6	+$43,061
Land size	this home 400 m² · comparable 350 m²	+$22,426
Cladding	this home 3 · comparable 2	+$17,576
Street	this home 0.0521 · comparable 0.0317	+$17,569
Bedrooms	this home 4 · comparable 3	+$6,855
Distance to beach	this home 4.61 km · comparable 4.96 km	+$4,974
Net adjustment		+$138,685

A further 10 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 Carina Peak 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 Carina Peak 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

18 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 Carina Peak Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

8 Morea Court

11 Grenada Court

41 Gerona Circuit

3 Avellino Drive

28 Pristine Court

14 Windemere Crescent

40 Gerona Circuit

16 Marciana Crescent

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