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.

40 Gerona Circuit

Sold 26 May 2026 · 0.25 km away

Sold for

$1,410,000

Adjusted to this home

$1,370,907

What we added and subtracted to make this sale comparable to 15 Andorra Place
Pool	this home 0 · comparable 1	−$78,550
Condition	this home 8 · comparable 7	+$56,400
Floor area	this home 166 m² · comparable 188 m²	−$24,851
Land size	this home 350 m² · comparable 400 m²	−$22,000
Micro-location	this home 0.1123 · comparable 0.0943	+$20,304
Year built	this home 2004 · comparable 2003	+$4,579
Street	this home 0.0551 · comparable 0.0518	+$3,722
Distance to beach	this home 4.96 km · comparable 5.03 km	+$1,303
Net adjustment		−$39,093

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

41 Gerona Circuit

Sold 26 May 2026 · 0.35 km away

Sold for

$1,410,000

Adjusted to this home

$1,399,313

What we added and subtracted to make this sale comparable to 15 Andorra Place
Land size	this home 350 m² · comparable 586 m²	−$103,840
Condition	this home 8 · comparable 7	+$56,400
Micro-location	this home 0.1123 · comparable 0.0822	+$33,953
Floor area	this home 166 m² · comparable 174 m²	−$9,037
Year built	this home 2004 · comparable 2003	+$4,579
Street	this home 0.0551 · comparable 0.0518	+$3,722
Distance to beach	this home 4.96 km · comparable 5.15 km	+$3,536
Net adjustment		−$10,687

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

39 Brier Crescent

Sold 16 May 2026 · 0.77 km away

Sold for

$1,302,000

Adjusted to this home

$1,357,241

What we added and subtracted to make this sale comparable to 15 Andorra Place
Land size	this home 350 m² · comparable 708 m²	−$157,520
Micro-location	this home 0.1123 · comparable 0.0157	+$100,618
Street	this home 0.0551 · comparable -0.0225	+$80,828
Bedrooms	this home 4 · comparable 3	+$74,101
Year built	this home 2004 · comparable 2013	−$41,213
Car spaces	this home 2 · comparable 3	−$38,331
Floor area	this home 166 m² · comparable 141 m²	+$28,240
Cladding	this home 3 · comparable 1	+$19,002
Distance to beach	this home 4.96 km · comparable 4.35 km	−$10,484
Net adjustment		+$55,241

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

3 Avellino Drive

Sold 19 January 2026 · 0.80 km away

Sold for

$1,350,000

Adjusted to this home

$1,362,712

What we added and subtracted to make this sale comparable to 15 Andorra Place
Condition	this home 8 · comparable 7	+$54,000
Micro-location	this home 0.1123 · comparable 0.1354	−$24,948
Floor area	this home 166 m² · comparable 181 m²	−$16,944
Year built	this home 2004 · comparable 2002	+$9,158
Distance to beach	this home 4.96 km · comparable 4.48 km	−$8,554
Net adjustment		+$12,712

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

5 Palma Crescent

Sold 27 March 2026 · 0.21 km away

Sold for

$1,395,000

Adjusted to this home

$1,321,846

What we added and subtracted to make this sale comparable to 15 Andorra Place
Water views	this home 0 · comparable 1	−$118,099
Micro-location	this home 0.1123 · comparable 0.0871	+$28,123
Street	this home 0.0551 · comparable 0.0399	+$16,963
Floor area	this home 166 m² · comparable 172.46 m²	−$7,298
Year built	this home 2004 · comparable 2003	+$4,579
Distance to beach	this home 4.96 km · comparable 5.1 km	+$2,578
Net adjustment		−$73,154

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

17 Imperia Crescent

Sold 4 November 2025 · 0.63 km away

Sold for

$1,400,000

Adjusted to this home

$1,397,719

What we added and subtracted to make this sale comparable to 15 Andorra Place
Condition	this home 8 · comparable 9	−$84,000
Street	this home 0.0551 · comparable -0.0147	+$78,176
Land size	this home 350 m² · comparable 500 m²	−$66,000
Micro-location	this home 0.1123 · comparable 0.054	+$65,296
Year built	this home 2004 · comparable 2003	+$4,579
Floor area	this home 166 m² · comparable 168.42 m²	−$2,734
Distance to beach	this home 4.96 km · comparable 5.09 km	+$2,402
Net adjustment		−$2,281

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

49 Lantau Crescent

Sold 21 January 2026 · 0.40 km away

Sold for

$1,475,000

Adjusted to this home

$1,393,359

What we added and subtracted to make this sale comparable to 15 Andorra Place
Condition	this home 8 · comparable 9	−$88,500
Pool	this home 0 · comparable 1	−$78,550
Street	this home 0.0551 · comparable -0.0071	+$73,396
Micro-location	this home 0.1123 · comparable 0.0831	+$34,456
Land size	this home 350 m² · comparable 400 m²	−$22,000
Floor area	this home 166 m² · comparable 176.74 m²	−$12,132
Year built	this home 2004 · comparable 2002	+$9,158
Distance to beach	this home 4.96 km · comparable 5.09 km	+$2,531
Net adjustment		−$81,641

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

16 South Bay Drive

Sold 9 July 2026 · 1.20 km away

Sold for

$1,250,000

Adjusted to this home

$1,229,846

What we added and subtracted to make this sale comparable to 15 Andorra Place
Water views	this home 0 · comparable 1	−$118,099
Bedrooms	this home 4 · comparable 3	+$74,101
Land size	this home 350 m² · comparable 188 m²	+$71,280
Storeys	this home 1 · comparable 2	−$70,782
Micro-location	this home 0.1123 · comparable 0.0436	+$68,700
Year built	this home 2004 · comparable 2009	−$22,896
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.96 km · comparable 4.09 km	−$14,355
Floor area	this home 166 m² · comparable 156 m²	+$11,296
Cladding	this home 3 · comparable 2	+$9,501
Street	this home 0.0551 · comparable 0.064	−$8,900
Net adjustment		−$20,154

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 15 Andorra Place 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 15 Andorra Place 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 →

15 Andorra Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

40 Gerona Circuit

41 Gerona Circuit

39 Brier Crescent

3 Avellino Drive

5 Palma Crescent

17 Imperia Crescent

49 Lantau Crescent

16 South Bay Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 15 Andorra Place sit?