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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.51 km away

Sold for

$1,400,000

Adjusted to this home

$1,526,699

What we added and subtracted to make this sale comparable to 16 Allegro Place
Pool	this home 0 · comparable 1	−$82,603
Land size	this home 582 m² · comparable 405 m²	+$77,880
Bedrooms	this home 4 · comparable 3	+$52,249
Car spaces	this home 3 · comparable 2	+$32,000
Floor area	this home 156 m² · comparable 145 m²	+$21,903
Micro-location	this home 0.0417 · comparable 0.0223	+$21,728
Distance to beach	this home 3.66 km · comparable 3.92 km	+$6,552
Year built	this home 1993 · comparable 1995	−$3,010
Net adjustment		+$126,699

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

8 Cumberland Drive

Sold 3 June 2026 · 0.33 km away

Sold for

$1,415,000

Adjusted to this home

$1,509,109

What we added and subtracted to make this sale comparable to 16 Allegro Place
Condition	this home 8 · comparable 7	+$56,600
Land size	this home 582 m² · comparable 703 m²	−$53,240
Bedrooms	this home 4 · comparable 3	+$52,249
Cladding	this home 3 · comparable 2	+$36,546
Car spaces	this home 3 · comparable 2	+$32,000
Floor area	this home 156 m² · comparable 167.88 m²	−$23,655
Micro-location	this home 0.0417 · comparable 0.0462	−$5,094
Distance to beach	this home 3.66 km · comparable 3.55 km	−$2,802
Year built	this home 1993 · comparable 1992	+$1,505
Net adjustment		+$94,109

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

5 Pristine Court

Sold 21 November 2025 · 0.37 km away

Sold for

$1,490,000

Adjusted to this home

$1,448,512

What we added and subtracted to make this sale comparable to 16 Allegro Place
Floor area	this home 156 m² · comparable 225 m²	−$137,393
Pool	this home 0 · comparable 1	−$82,603
Land size	this home 582 m² · comparable 401 m²	+$79,640
Cladding	this home 3 · comparable 2	+$36,546
Micro-location	this home 0.0417 · comparable 0.0136	+$33,495
Car spaces	this home 3 · comparable 2	+$32,000
Year built	this home 1993 · comparable 1996	−$4,514
Distance to beach	this home 3.66 km · comparable 3.71 km	+$1,341
Net adjustment		−$41,488

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.77 km away

Sold for

$1,570,000

Adjusted to this home

$1,555,873

What we added and subtracted to make this sale comparable to 16 Allegro Place
Land size	this home 582 m² · comparable 331 m²	+$110,440
Floor area	this home 156 m² · comparable 199 m²	−$85,622
Pool	this home 0 · comparable 1	−$82,603
Cladding	this home 3 · comparable 1	+$73,093
Micro-location	this home 0.0417 · comparable 0.0807	−$48,984
Car spaces	this home 3 · comparable 2	+$32,000
Year built	this home 1993 · comparable 2010	−$25,582
Distance to beach	this home 3.66 km · comparable 4.17 km	+$13,131
Net adjustment		−$14,127

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

31 Roundelay Drive

Sold 30 July 2026 · 0.33 km away

Sold for

$1,380,000

Adjusted to this home

$1,537,642

What we added and subtracted to make this sale comparable to 16 Allegro Place
Land size	this home 582 m² · comparable 420 m²	+$71,280
Cladding	this home 3 · comparable 2	+$36,546
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.0417 · comparable 0.0311	+$11,702
Floor area	this home 156 m² · comparable 151.3 m²	+$9,358
Distance to beach	this home 3.66 km · comparable 3.59 km	−$1,739
Year built	this home 1993 · comparable 1994	−$1,505
Net adjustment		+$157,642

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

3 Massachusetts Court

Sold 22 July 2026 · 0.72 km away

Sold for

$1,400,000

Adjusted to this home

$1,552,897

What we added and subtracted to make this sale comparable to 16 Allegro Place
Pool	this home 0 · comparable 1	−$82,603
Land size	this home 582 m² · comparable 410 m²	+$75,680
Floor area	this home 156 m² · comparable 120.1 m²	+$71,484
Condition	this home 8 · comparable 7	+$56,000
Cladding	this home 3 · comparable 2	+$36,546
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.0417 · comparable 0.0574	−$17,584
Distance to beach	this home 3.66 km · comparable 3.1 km	−$14,112
Year built	this home 1993 · comparable 1996	−$4,514
Net adjustment		+$152,897

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

28 Pristine Court

Sold 8 October 2026 · 0.52 km away

Sold for

$1,170,000

Adjusted to this home

$1,358,849

What we added and subtracted to make this sale comparable to 16 Allegro Place
Pool	this home 0 · comparable 1	−$82,603
Land size	this home 582 m² · comparable 414 m²	+$73,920
Bedrooms	this home 4 · comparable 3	+$52,249
Condition	this home 8 · comparable 7	+$46,800
Cladding	this home 3 · comparable 2	+$36,546
Car spaces	this home 3 · comparable 2	+$32,000
Floor area	this home 156 m² · comparable 141.71 m²	+$28,454
Micro-location	this home 0.0417 · comparable 0.0342	+$7,020
Year built	this home 1993 · comparable 1995	−$3,010
Distance to beach	this home 3.66 km · comparable 3.54 km	−$2,527
Net adjustment		+$188,849

A further 7 factors were compared and found the same on both properties, so no money moved.

56 Southlake Drive

Sold 21 July 2026 · 0.12 km away

Sold for

$1,660,000

Adjusted to this home

$1,568,599

What we added and subtracted to make this sale comparable to 16 Allegro Place
Condition	this home 8 · comparable 9	−$99,600
Pool	this home 0 · comparable 1	−$82,603
Land size	this home 582 m² · comparable 432 m²	+$66,000
Floor area	this home 156 m² · comparable 133 m²	+$45,798
Air conditioning	this home 0 · comparable 1	−$20,000
Micro-location	this home 0.0417 · comparable 0.0447	−$3,984
Distance to beach	this home 3.66 km · comparable 3.76 km	+$2,988
Net adjustment		−$91,401

A further 10 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 16 Allegro 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 16 Allegro 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

14 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 →

16 Allegro Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

9 Gainsborough Drive

8 Cumberland Drive

5 Pristine Court

22 Elizabeth Crescent

31 Roundelay Drive

3 Massachusetts Court

28 Pristine Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 16 Allegro Place sit?