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.

4 Barbie Avenue

Sold 5 August 2026 · 0.61 km away

Sold for

$1,515,000

Adjusted to this home

$1,492,853

What we added and subtracted to make this sale comparable to 12 Marks Drive
Bedrooms	this home 5 · comparable 4	+$131,663
Condition	this home 8 · comparable 9	−$90,900
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 180 m² · comparable 151 m²	+$57,281
Land size	this home 351 m² · comparable 570 m²	−$34,865
Micro-location	this home 0.0289 · comparable 0.0574	−$34,542
Year built	this home 2007 · comparable 1999	+$24,717
Distance to beach	this home 4.29 km · comparable 3.98 km	−$6,345
Cladding	this home 3 · comparable 4	−$5,156
Net adjustment		−$22,147

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

40 Gerona Circuit

Sold 26 May 2026 · 1.00 km away

Sold for

$1,410,000

Adjusted to this home

$1,531,931

What we added and subtracted to make this sale comparable to 12 Marks Drive
Bedrooms	this home 5 · comparable 4	+$131,663
Car spaces	this home 4 · comparable 2	+$93,363
Micro-location	this home 0.0289 · comparable 0.0943	−$73,771
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$56,400
Street	this home 0.0303 · comparable 0.0518	−$24,252
Floor area	this home 180 m² · comparable 188 m²	−$15,802
Distance to beach	this home 4.29 km · comparable 5.03 km	+$13,773
Year built	this home 2007 · comparable 2003	+$12,358
Land size	this home 351 m² · comparable 400 m²	−$7,801
Net adjustment		+$121,931

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

20 Daryl Drive

Sold 29 October 2025 · 0.31 km away

Sold for

$1,570,000

Adjusted to this home

$1,527,997

What we added and subtracted to make this sale comparable to 12 Marks Drive
Bedrooms	this home 5 · comparable 4	+$131,663
Condition	this home 8 · comparable 9	−$94,200
Car spaces	this home 4 · comparable 2	+$93,363
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0303 · comparable 0.0704	−$50,366
Floor area	this home 180 m² · comparable 201.88 m²	−$43,218
Land size	this home 351 m² · comparable 586 m²	−$37,412
Year built	this home 2007 · comparable 1998	+$27,806
Distance to beach	this home 4.29 km · comparable 4.03 km	−$5,388
Micro-location	this home 0.0289 · comparable 0.0291	−$251
Net adjustment		−$42,003

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

5 Palma Crescent

Sold 27 March 2026 · 1.00 km away

Sold for

$1,395,000

Adjusted to this home

$1,573,316

What we added and subtracted to make this sale comparable to 12 Marks Drive
Bedrooms	this home 5 · comparable 4	+$131,663
Car spaces	this home 4 · comparable 2	+$93,363
Micro-location	this home 0.0289 · comparable 0.0871	−$64,951
Distance to beach	this home 4.29 km · comparable 5.1 km	+$14,915
Floor area	this home 180 m² · comparable 172.46 m²	+$14,893
Water views	this home 0 · comparable 1	−$13,370
Year built	this home 2007 · comparable 2003	+$12,358
Street	this home 0.0303 · comparable 0.0399	−$10,714
Land size	this home 351 m² · comparable 350 m²	+$159
Net adjustment		+$178,316

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

3 Avellino Drive

Sold 19 January 2026 · 1.09 km away

Sold for

$1,350,000

Adjusted to this home

$1,531,024

What we added and subtracted to make this sale comparable to 12 Marks Drive
Bedrooms	this home 5 · comparable 4	+$131,663
Micro-location	this home 0.0289 · comparable 0.1354	−$115,020
Car spaces	this home 4 · comparable 2	+$93,363
Condition	this home 8 · comparable 7	+$54,000
Year built	this home 2007 · comparable 2002	+$15,448
Distance to beach	this home 4.29 km · comparable 4.48 km	+$3,386
Floor area	this home 180 m² · comparable 181 m²	−$1,975
Land size	this home 351 m² · comparable 350 m²	+$159
Net adjustment		+$181,024

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

8 Mauritius Court

Sold 5 January 2026 · 1.03 km away

Sold for

$1,338,000

Adjusted to this home

$1,514,080

What we added and subtracted to make this sale comparable to 12 Marks Drive
Bedrooms	this home 5 · comparable 4	+$131,663
Floor area	this home 180 m² · comparable 119.88 m²	+$118,749
Micro-location	this home 0.0289 · comparable 0.1253	−$103,186
Car spaces	this home 4 · comparable 2	+$93,363
Condition	this home 8 · comparable 9	−$80,280
Year built	this home 2007 · comparable 2002	+$15,448
Distance to beach	this home 4.29 km · comparable 4.75 km	+$8,124
Land size	this home 351 m² · comparable 400 m²	−$7,801
Net adjustment		+$176,080

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

3 Port Peyra Crescent

Sold 4 June 2026 · 0.76 km away

Sold for

$1,950,000

Adjusted to this home

$1,503,911

What we added and subtracted to make this sale comparable to 12 Marks Drive
Street	this home 0.0303 · comparable 0.15	−$186,732
Micro-location	this home 0.0289 · comparable 0.1346	−$164,892
Floor area	this home 180 m² · comparable 233.19 m²	−$105,061
Car spaces	this home 4 · comparable 2	+$93,363
Condition	this home 8 · comparable 7	+$78,000
Land size	this home 351 m² · comparable 824 m²	−$75,302
Pool	this home 0 · comparable 1	−$64,000
Storeys	this home 1 · comparable 2	−$40,000
Year built	this home 2007 · comparable 2004	+$9,269
Distance to beach	this home 4.29 km · comparable 4.65 km	+$9,266
Net adjustment		−$446,089

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

56 Southlake Drive

Sold 21 July 2026 · 0.81 km away

Sold for

$1,660,000

Adjusted to this home

$1,715,276

What we added and subtracted to make this sale comparable to 12 Marks Drive
Bedrooms	this home 5 · comparable 4	+$131,663
Condition	this home 8 · comparable 9	−$99,600
Floor area	this home 180 m² · comparable 133 m²	+$92,834
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 4 · comparable 3	+$46,682
Year built	this home 2007 · comparable 1993	+$43,254
Street	this home 0.0303 · comparable 0.0515	−$28,154
Micro-location	this home 0.0289 · comparable 0.0447	−$20,982
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.29 km · comparable 3.76 km	−$13,526
Land size	this home 351 m² · comparable 432 m²	−$12,895
Net adjustment		+$55,276

A further 7 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 Marks 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 Marks 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 Marks Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Barbie Avenue

40 Gerona Circuit

20 Daryl Drive

5 Palma Crescent

3 Avellino Drive

8 Mauritius Court

3 Port Peyra Crescent

56 Southlake Drive

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