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.

3 Massachusetts Court

Sold 22 July 2026 · 0.31 km away

Sold for

$1,400,000

Adjusted to this home

$1,332,604

What we added and subtracted to make this sale comparable to 12 Illinois Court
Pool	this home 0 · comparable 1	−$123,065
Land size	this home 520 m² · comparable 410 m²	+$32,032
Floor area	this home 137 m² · comparable 120.1 m²	+$28,473
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0397 · comparable 0.0574	−$19,824
Distance to beach	this home 3.41 km · comparable 3.1 km	−$7,812
Year built	this home 1997 · comparable 1996	+$2,800
Net adjustment		−$67,396

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

16 Stanford Avenue

Sold 25 September 2026 · 0.61 km away

Sold for

$1,185,000

Adjusted to this home

$1,186,542

What we added and subtracted to make this sale comparable to 12 Illinois Court
Bedrooms	this home 4 · comparable 3	+$30,512
Land size	this home 520 m² · comparable 420 m²	+$29,120
Micro-location	this home 0.0397 · comparable 0.0704	−$29,104
Floor area	this home 137 m² · comparable 149.41 m²	−$20,908
Distance to beach	this home 3.41 km · comparable 2.9 km	−$10,878
Year built	this home 1997 · comparable 1996	+$2,800
Net adjustment		+$1,542

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

6 Pristine Court

Sold 30 June 2026 · 0.31 km away

Sold for

$1,220,000

Adjusted to this home

$1,326,938

What we added and subtracted to make this sale comparable to 12 Illinois Court
Bedrooms	this home 4 · comparable 3	+$30,512
Land size	this home 520 m² · comparable 426 m²	+$27,373
Micro-location	this home 0.0397 · comparable 0.0126	+$26,450
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 137 m² · comparable 143.96 m²	−$11,726
Year built	this home 1997 · comparable 1994	+$8,400
Distance to beach	this home 3.41 km · comparable 3.68 km	+$5,929
Net adjustment		+$106,938

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

8 Cumberland Drive

Sold 3 June 2026 · 0.83 km away

Sold for

$1,415,000

Adjusted to this home

$1,370,404

What we added and subtracted to make this sale comparable to 12 Illinois Court
Land size	this home 520 m² · comparable 703 m²	−$53,290
Floor area	this home 137 m² · comparable 167.88 m²	−$52,026
Bedrooms	this home 4 · comparable 3	+$30,512
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 1997 · comparable 1992	+$14,000
Micro-location	this home 0.0397 · comparable 0.0462	−$7,358
Distance to beach	this home 3.41 km · comparable 3.55 km	+$3,566
Net adjustment		−$44,596

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

31 Roundelay Drive

Sold 30 July 2026 · 0.28 km away

Sold for

$1,380,000

Adjusted to this home

$1,427,392

What we added and subtracted to make this sale comparable to 12 Illinois Court
Land size	this home 520 m² · comparable 420 m²	+$29,120
Floor area	this home 137 m² · comparable 151.3 m²	−$24,093
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0397 · comparable 0.0311	+$9,494
Year built	this home 1997 · comparable 1994	+$8,400
Distance to beach	this home 3.41 km · comparable 3.59 km	+$4,471
Net adjustment		+$47,392

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

4 Pascali Court

Sold 5 August 2026 · 0.29 km away

Sold for

$1,150,000

Adjusted to this home

$1,161,545

What we added and subtracted to make this sale comparable to 12 Illinois Court
Pool	this home 0 · comparable 1	−$123,065
Bedrooms	this home 4 · comparable 3	+$30,512
Land size	this home 520 m² · comparable 423 m²	+$28,246
Micro-location	this home 0.0397 · comparable 0.0123	+$25,208
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 137 m² · comparable 125.33 m²	+$19,662
Year built	this home 1997 · comparable 1995	+$5,600
Distance to beach	this home 3.41 km · comparable 3.67 km	+$5,382
Net adjustment		+$11,545

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

8 Morea Court

Sold 27 August 2026 · 0.63 km away

Sold for

$1,230,000

Adjusted to this home

$1,191,348

What we added and subtracted to make this sale comparable to 12 Illinois Court
Car spaces	this home 2 · comparable 4	−$41,640
Floor area	this home 137 m² · comparable 148.5 m²	−$19,375
Land size	this home 520 m² · comparable 473 m²	+$13,686
Distance to beach	this home 3.41 km · comparable 3.93 km	+$11,513
Year built	this home 1997 · comparable 2001	−$11,200
Micro-location	this home 0.0397 · comparable 0.0312	+$8,364
Net adjustment		−$38,652

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

28 Pristine Court

Sold 8 October 2026 · 0.14 km away

Sold for

$1,170,000

Adjusted to this home

$1,133,865

What we added and subtracted to make this sale comparable to 12 Illinois Court
Pool	this home 0 · comparable 1	−$123,065
Land size	this home 520 m² · comparable 414 m²	+$30,867
Bedrooms	this home 4 · comparable 3	+$30,512
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 137 m² · comparable 141.71 m²	−$7,935
Year built	this home 1997 · comparable 1995	+$5,600
Micro-location	this home 0.0397 · comparable 0.0342	+$5,148
Distance to beach	this home 3.41 km · comparable 3.54 km	+$2,738
Net adjustment		−$36,135

A further 8 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 Illinois Court 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 Illinois Court 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 →

12 Illinois Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

16 Stanford Avenue

6 Pristine Court

8 Cumberland Drive

31 Roundelay Drive

4 Pascali Court

8 Morea Court

28 Pristine Court

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