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.

41 Gerona Circuit

Sold 26 May 2026 · 0.34 km away

Sold for

$1,410,000

Adjusted to this home

$1,424,989

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Micro-location	this home 0.1124 · comparable 0.0822	+$34,066
Floor area	this home 158 m² · comparable 174 m²	−$14,208
Cladding	this home 2 · comparable 3	−$7,464
Distance to beach	this home 4.86 km · comparable 5.15 km	+$5,398
Year built	this home 2002 · comparable 2003	−$4,190
Land size	this home 620 m² · comparable 586 m²	+$1,387
Net adjustment		+$14,989

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

11 Grenada Court

Sold 12 June 2026 · 0.29 km away

Sold for

$1,350,000

Adjusted to this home

$1,408,510

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Bedrooms	this home 4 · comparable 3	+$35,370
Floor area	this home 158 m² · comparable 118.7 m²	+$34,898
Micro-location	this home 0.1124 · comparable 0.1321	−$21,276
Land size	this home 620 m² · comparable 295 m²	+$13,260
Distance to beach	this home 4.86 km · comparable 4.65 km	−$3,742
Net adjustment		+$58,510

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

4 Barbie Avenue

Sold 5 August 2026 · 0.95 km away

Sold for

$1,515,000

Adjusted to this home

$1,441,815

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Micro-location	this home 0.1124 · comparable 0.0574	+$66,660
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$64,000
Distance to beach	this home 4.86 km · comparable 3.98 km	−$17,744
Cladding	this home 2 · comparable 4	−$14,928
Year built	this home 2002 · comparable 1999	+$12,571
Floor area	this home 158 m² · comparable 151 m²	+$6,216
Land size	this home 620 m² · comparable 570 m²	+$2,040
Net adjustment		−$73,185

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

49 Lantau Crescent

Sold 21 January 2026 · 0.25 km away

Sold for

$1,475,000

Adjusted to this home

$1,434,923

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.1124 · comparable 0.0831	+$34,574
Floor area	this home 158 m² · comparable 176.74 m²	−$16,641
Land size	this home 620 m² · comparable 400 m²	+$8,976
Cladding	this home 2 · comparable 3	−$7,464
Distance to beach	this home 4.86 km · comparable 5.09 km	+$4,478
Net adjustment		−$40,077

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

40 Gerona Circuit

Sold 26 May 2026 · 0.28 km away

Sold for

$1,410,000

Adjusted to this home

$1,340,263

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 158 m² · comparable 188 m²	−$26,640
Micro-location	this home 0.1124 · comparable 0.0943	+$20,417
Land size	this home 620 m² · comparable 400 m²	+$8,976
Cladding	this home 2 · comparable 3	−$7,464
Year built	this home 2002 · comparable 2003	−$4,190
Distance to beach	this home 4.86 km · comparable 5.03 km	+$3,164
Net adjustment		−$69,737

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

13 Saint Paul Crescent

Sold 31 August 2026 · 0.46 km away

Sold for

$1,590,000

Adjusted to this home

$1,393,175

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Floor area	this home 158 m² · comparable 241.24 m²	−$73,917
Micro-location	this home 0.1124 · comparable 0.15	−$47,827
Bedrooms	this home 4 · comparable 5	−$35,370
Storeys	this home 1 · comparable 2	−$26,009
Distance to beach	this home 4.86 km · comparable 4.43 km	−$9,025
Cladding	this home 2 · comparable 3	−$7,464
Land size	this home 620 m² · comparable 449 m²	+$6,977
Year built	this home 2002 · comparable 2003	−$4,190
Net adjustment		−$196,825

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

16 Marciana Crescent

Sold 31 July 2026 · 0.12 km away

Sold for

$1,225,000

Adjusted to this home

$1,295,119

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Bedrooms	this home 4 · comparable 3	+$35,370
Micro-location	this home 0.1124 · comparable 0.0998	+$12,348
Land size	this home 620 m² · comparable 350 m²	+$11,016
Floor area	this home 158 m² · comparable 147 m²	+$9,768
Distance to beach	this home 4.86 km · comparable 4.96 km	+$1,617
Net adjustment		+$70,119

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

39 Brier Crescent

Sold 16 May 2026 · 1.09 km away

Sold for

$1,302,000

Adjusted to this home

$1,370,203

What we added and subtracted to make this sale comparable to 15 Mindelo Drive
Micro-location	this home 0.1124 · comparable 0.0157	+$100,722
Year built	this home 2002 · comparable 2013	−$46,094
Bedrooms	this home 4 · comparable 3	+$35,370
Car spaces	this home 2 · comparable 3	−$32,000
Floor area	this home 158 m² · comparable 141 m²	+$15,096
Distance to beach	this home 4.86 km · comparable 4.35 km	−$8,765
Cladding	this home 2 · comparable 1	+$7,464
Land size	this home 620 m² · comparable 708 m²	−$3,590
Net adjustment		+$68,203

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 Mindelo 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 Mindelo 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 Mindelo Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

41 Gerona Circuit

11 Grenada Court

4 Barbie Avenue

49 Lantau Crescent

40 Gerona Circuit

13 Saint Paul Crescent

16 Marciana Crescent

39 Brier Crescent

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