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 · 0.65 km away

Sold for

$1,515,000

Adjusted to this home

$1,475,033

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Micro-location	this home 0.1282 · comparable 0.0574	+$85,810
Land size	this home 350 m² · comparable 570 m²	−$69,696
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 215 m² · comparable 151 m²	+$47,360
Cladding	this home 3 · comparable 4	−$20,000
Bedrooms	this home 3 · comparable 4	−$17,930
Distance to beach	this home 4.4 km · comparable 3.98 km	−$8,545
Year built	this home 2002 · comparable 1999	+$7,034
Net adjustment		−$39,967

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

45 North Shore Avenue

Sold 22 April 2026 · 0.76 km away

Sold for

$1,700,000

Adjusted to this home

$1,666,910

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Micro-location	this home 0.1282 · comparable 0.0333	+$129,064
Land size	this home 350 m² · comparable 637 m²	−$90,922
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 215 m² · comparable 188 m²	+$19,980
Bedrooms	this home 3 · comparable 4	−$17,930
Distance to beach	this home 4.4 km · comparable 3.99 km	−$9,282
Net adjustment		−$33,090

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

49 Lantau Crescent

Sold 21 January 2026 · 0.73 km away

Sold for

$1,475,000

Adjusted to this home

$1,536,194

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Micro-location	this home 0.1282 · comparable 0.0831	+$53,218
Floor area	this home 215 m² · comparable 176.74 m²	+$28,312
Bedrooms	this home 3 · comparable 4	−$17,930
Land size	this home 350 m² · comparable 400 m²	−$15,840
Distance to beach	this home 4.4 km · comparable 5.09 km	+$13,434
Net adjustment		+$61,194

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

40 Gerona Circuit

Sold 26 May 2026 · 0.74 km away

Sold for

$1,410,000

Adjusted to this home

$1,584,830

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Condition	this home 9 · comparable 7	+$141,000
Micro-location	this home 0.1282 · comparable 0.0943	+$38,239
Floor area	this home 215 m² · comparable 188 m²	+$19,980
Bedrooms	this home 3 · comparable 4	−$17,930
Land size	this home 350 m² · comparable 400 m²	−$15,840
Distance to beach	this home 4.4 km · comparable 5.03 km	+$11,726
Year built	this home 2002 · comparable 2003	−$2,345
Net adjustment		+$174,830

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

41 Gerona Circuit

Sold 26 May 2026 · 0.82 km away

Sold for

$1,410,000

Adjusted to this home

$1,616,147

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Condition	this home 9 · comparable 7	+$141,000
Land size	this home 350 m² · comparable 586 m²	−$74,765
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.1282 · comparable 0.0822	+$51,888
Floor area	this home 215 m² · comparable 174 m²	+$30,340
Bedrooms	this home 3 · comparable 4	−$17,930
Distance to beach	this home 4.4 km · comparable 5.15 km	+$13,959
Year built	this home 2002 · comparable 2003	−$2,345
Net adjustment		+$206,147

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

11 Grenada Court

Sold 12 June 2026 · 0.24 km away

Sold for

$1,350,000

Adjusted to this home

$1,603,929

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Condition	this home 9 · comparable 8	+$81,000
Floor area	this home 215 m² · comparable 118.7 m²	+$71,262
Pool	this home 1 · comparable 0	+$64,000
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 350 m² · comparable 295 m²	+$17,424
Distance to beach	this home 4.4 km · comparable 4.65 km	+$4,455
Micro-location	this home 0.1282 · comparable 0.1321	−$4,212
Net adjustment		+$253,929

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

13 Kodiak Drive

Sold 24 August 2026 · 0.44 km away

Sold for

$1,820,000

Adjusted to this home

$1,620,541

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Land size	this home 350 m² · comparable 640 m²	−$91,872
Storeys	this home 1 · comparable 2	−$54,330
Car spaces	this home 2 · comparable 3	−$32,000
Bathrooms	this home 2 · comparable 3	−$24,370
Bedrooms	this home 3 · comparable 4	−$17,930
Distance to beach	this home 4.4 km · comparable 4.84 km	+$10,570
Floor area	this home 215 m² · comparable 202.99 m²	+$8,887
Micro-location	this home 0.1282 · comparable 0.1255	+$3,931
Year built	this home 2002 · comparable 2003	−$2,345
Net adjustment		−$199,459

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

56 Southlake Drive

Sold 21 July 2026 · 0.75 km away

Sold for

$1,660,000

Adjusted to this home

$1,740,827

What we added and subtracted to make this sale comparable to 15 Avellino Drive
Micro-location	this home 0.1282 · comparable 0.0447	+$110,888
Floor area	this home 215 m² · comparable 133 m²	+$60,680
Car spaces	this home 2 · comparable 3	−$32,000
Land size	this home 350 m² · comparable 432 m²	−$25,978
Year built	this home 2002 · comparable 1993	+$21,103
Air conditioning	this home 0 · comparable 1	−$20,000
Bedrooms	this home 3 · comparable 4	−$17,930
Distance to beach	this home 4.4 km · comparable 3.76 km	−$15,936
Net adjustment		+$80,827

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 15 Avellino 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 15 Avellino 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 →

15 Avellino 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

45 North Shore Avenue

49 Lantau Crescent

40 Gerona Circuit

41 Gerona Circuit

11 Grenada Court

13 Kodiak Drive

56 Southlake Drive

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