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 · 0.84 km away

Sold for

$1,590,000

Adjusted to this home

$1,609,900

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 2	+$384,000
Condition	this home 7 · comparable 9	−$159,000
Micro-location	this home 0.03 · comparable 0.15	−$152,640
Bedrooms	this home 4 · comparable 5	−$86,656
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 649 m² · comparable 449 m²	+$36,000
Floor area	this home 220 m² · comparable 241.24 m²	−$34,817
Year built	this home 1997 · comparable 2003	−$25,752
Storeys	this home 1 · comparable 2	−$14,546
Distance to beach	this home 3.99 km · comparable 4.43 km	+$9,311
Net adjustment		+$19,900

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

3 Port Peyra Crescent

Sold 4 June 2026 · 0.95 km away

Sold for

$1,950,000

Adjusted to this home

$1,716,967

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 2	+$384,000
Street	this home -0.0337 · comparable 0.15	−$286,572
Micro-location	this home 0.03 · comparable 0.1346	−$163,176
Bedrooms	this home 4 · comparable 5	−$86,656
Land size	this home 649 m² · comparable 824 m²	−$31,500
Year built	this home 1997 · comparable 2004	−$30,044
Floor area	this home 220 m² · comparable 233.19 m²	−$21,621
Distance to beach	this home 3.99 km · comparable 4.65 km	+$17,082
Storeys	this home 1 · comparable 2	−$14,546
Net adjustment		−$233,033

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

27 South Bay Drive

Sold 27 January 2026 · 1.07 km away

Sold for

$1,850,000

Adjusted to this home

$1,720,529

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 2	+$384,000
Condition	this home 7 · comparable 9	−$185,000
Street	this home -0.0337 · comparable 0.064	−$144,596
Bedrooms	this home 4 · comparable 5	−$86,656
Micro-location	this home 0.03 · comparable 0.086	−$82,880
Pool	this home 1 · comparable 0	+$64,000
Year built	this home 1997 · comparable 2010	−$55,796
Bathrooms	this home 2 · comparable 3	−$52,000
Land size	this home 649 m² · comparable 367 m²	+$50,760
Cladding	this home 3 · comparable 4	−$20,000
Storeys	this home 1 · comparable 2	−$14,546
Floor area	this home 220 m² · comparable 214.21 m²	+$9,491
Distance to beach	this home 3.99 km · comparable 4.14 km	+$3,752
Net adjustment		−$129,471

A further 5 factors were compared and found the same on both properties, so no money moved.

4 Barbie Avenue

Sold 5 August 2026 · 0.51 km away

Sold for

$1,515,000

Adjusted to this home

$1,748,759

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 4	+$320,000
Condition	this home 7 · comparable 9	−$151,500
Floor area	this home 220 m² · comparable 151 m²	+$113,105
Micro-location	this home 0.03 · comparable 0.0574	−$33,209
Cladding	this home 3 · comparable 4	−$20,000
Land size	this home 649 m² · comparable 570 m²	+$14,220
Year built	this home 1997 · comparable 1999	−$8,584
Distance to beach	this home 3.99 km · comparable 3.98 km	−$273
Net adjustment		+$233,759

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

20 Daryl Drive

Sold 29 October 2025 · 0.06 km away

Sold for

$1,570,000

Adjusted to this home

$1,705,034

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 2	+$384,000
Condition	this home 7 · comparable 9	−$157,000
Street	this home -0.0337 · comparable 0.0704	−$130,750
Floor area	this home 220 m² · comparable 201.88 m²	+$29,702
Land size	this home 649 m² · comparable 586 m²	+$11,340
Year built	this home 1997 · comparable 1998	−$4,292
Micro-location	this home 0.03 · comparable 0.0291	+$1,130
Distance to beach	this home 3.99 km · comparable 4.03 km	+$904
Net adjustment		+$135,034

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

39 Brier Crescent

Sold 16 May 2026 · 0.44 km away

Sold for

$1,302,000

Adjusted to this home

$1,633,632

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 3	+$212,144
Floor area	this home 220 m² · comparable 141 m²	+$78,046
Bedrooms	this home 4 · comparable 3	+$52,226
Year built	this home 1997 · comparable 2013	−$41,387
Pool	this home 1 · comparable 0	+$38,572
Condition	this home 7 · comparable 8	−$31,388
Cladding	this home 3 · comparable 1	+$24,107
Micro-location	this home 0.03 · comparable 0.0157	+$8,977
Street	this home -0.0337 · comparable -0.0225	−$7,030
Land size	this home 649 m² · comparable 708 m²	−$6,401
Distance to beach	this home 3.99 km · comparable 4.35 km	+$3,766
Net adjustment		+$331,632

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

3 Dorothy Place

Sold 27 March 2026 · 0.59 km away

Sold for

$1,300,000

Adjusted to this home

$1,613,842

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 2	+$167,464
Floor area	this home 220 m² · comparable 129.58 m²	+$64,638
Bedrooms	this home 4 · comparable 3	+$37,791
Condition	this home 7 · comparable 6	+$22,678
Land size	this home 649 m² · comparable 410 m²	+$18,761
Cladding	this home 3 · comparable 2	+$8,722
Micro-location	this home 0.03 · comparable 0.0479	−$8,118
Year built	this home 1997 · comparable 1995	+$3,743
Distance to beach	this home 3.99 km · comparable 3.81 km	−$1,837
Net adjustment		+$313,842

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.12 km away

Sold for

$1,400,000

Adjusted to this home

$1,776,723

What we added and subtracted to make this sale comparable to 12 Greenlands Drive
Car spaces	this home 14 · comparable 2	+$280,361
Floor area	this home 220 m² · comparable 145 m²	+$89,759
Bedrooms	this home 4 · comparable 3	+$63,268
Street	this home -0.0337 · comparable 0.0386	−$59,121
Condition	this home 7 · comparable 8	−$40,886
Land size	this home 649 m² · comparable 405 m²	+$32,066
Micro-location	this home 0.03 · comparable 0.0223	+$6,297
Year built	this home 1997 · comparable 1995	+$6,267
Distance to beach	this home 3.99 km · comparable 3.92 km	−$1,288
Net adjustment		+$376,723

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 12 Greenlands 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 Greenlands 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 Greenlands 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

3 Port Peyra Crescent

27 South Bay Drive

4 Barbie Avenue

20 Daryl Drive

39 Brier Crescent

3 Dorothy Place

9 Gainsborough Drive

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