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.

16 Marciana Crescent

Sold 31 July 2026 · 0.08 km away

Sold for

$1,225,000

Adjusted to this home

$1,281,110

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Condition	this home 7 · comparable 6	+$49,000
Micro-location	this home 0.1099 · comparable 0.0998	+$9,898
Floor area	this home 143 m² · comparable 147 m²	−$3,552
Distance to beach	this home 4.88 km · comparable 4.96 km	+$1,294
Land size	this home 337 m² · comparable 350 m²	−$530
Net adjustment		+$56,110

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

11 Grenada Court

Sold 12 June 2026 · 0.34 km away

Sold for

$1,350,000

Adjusted to this home

$1,291,218

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.1099 · comparable 0.1321	−$23,976
Floor area	this home 143 m² · comparable 118.7 m²	+$21,578
Distance to beach	this home 4.88 km · comparable 4.65 km	−$4,098
Land size	this home 337 m² · comparable 295 m²	+$1,714
Net adjustment		−$58,782

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

39 Brier Crescent

Sold 16 May 2026 · 1.05 km away

Sold for

$1,302,000

Adjusted to this home

$1,254,938

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Micro-location	this home 0.1099 · comparable 0.0157	+$98,118
Condition	this home 7 · comparable 8	−$52,080
Year built	this home 2002 · comparable 2013	−$46,094
Car spaces	this home 2 · comparable 3	−$32,000
Land size	this home 337 m² · comparable 708 m²	−$15,137
Distance to beach	this home 4.88 km · comparable 4.35 km	−$9,109
Cladding	this home 2 · comparable 1	+$7,464
Floor area	this home 143 m² · comparable 141 m²	+$1,776
Net adjustment		−$47,062

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

41 Gerona Circuit

Sold 26 May 2026 · 0.30 km away

Sold for

$1,410,000

Adjusted to this home

$1,361,561

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Bedrooms	this home 3 · comparable 4	−$35,370
Micro-location	this home 0.1099 · comparable 0.0822	+$31,246
Floor area	this home 143 m² · comparable 174 m²	−$27,528
Land size	this home 337 m² · comparable 586 m²	−$10,159
Cladding	this home 2 · comparable 3	−$7,464
Distance to beach	this home 4.88 km · comparable 5.15 km	+$5,026
Year built	this home 2002 · comparable 2003	−$4,190
Net adjustment		−$48,439

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

40 Gerona Circuit

Sold 26 May 2026 · 0.24 km away

Sold for

$1,410,000

Adjusted to this home

$1,276,835

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 143 m² · comparable 188 m²	−$39,960
Bedrooms	this home 3 · comparable 4	−$35,370
Micro-location	this home 0.1099 · comparable 0.0943	+$17,597
Cladding	this home 2 · comparable 3	−$7,464
Year built	this home 2002 · comparable 2003	−$4,190
Distance to beach	this home 4.88 km · comparable 5.03 km	+$2,792
Land size	this home 337 m² · comparable 400 m²	−$2,570
Net adjustment		−$133,165

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

38 Palma Crescent

Sold 9 January 2026 · 0.34 km away

Sold for

$1,350,000

Adjusted to this home

$1,302,307

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.1099 · comparable 0.0871	+$24,624
Year built	this home 2002 · comparable 2005	−$12,571
Cladding	this home 2 · comparable 3	−$7,464
Distance to beach	this home 4.88 km · comparable 5.1 km	+$3,920
Floor area	this home 143 m² · comparable 147.41 m²	−$3,916
Land size	this home 337 m² · comparable 295 m²	+$1,714
Net adjustment		−$47,693

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

13 Acklin Court

Sold 2 September 2026 · 0.72 km away

Sold for

$1,110,000

Adjusted to this home

$1,103,312

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Distance to beach	this home 4.88 km · comparable 4.16 km	−$10,550
Micro-location	this home 0.1099 · comparable 0.1014	+$7,548
Cladding	this home 2 · comparable 3	−$7,464
Floor area	this home 143 m² · comparable 137 m²	+$5,328
Land size	this home 337 m² · comparable 375 m²	−$1,550
Net adjustment		−$6,688

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

6 Pristine Court

Sold 30 June 2026 · 1.21 km away

Sold for

$1,220,000

Adjusted to this home

$1,322,806

What we added and subtracted to make this sale comparable to 16 Mindelo Drive
Micro-location	this home 0.1099 · comparable 0.0126	+$94,965
Year built	this home 2002 · comparable 1994	+$33,523
Distance to beach	this home 4.88 km · comparable 3.68 km	−$21,198
Land size	this home 337 m² · comparable 426 m²	−$3,631
Floor area	this home 143 m² · comparable 143.96 m²	−$853
Net adjustment		+$102,806

A further 12 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 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 16 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

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 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

16 Marciana Crescent

11 Grenada Court

39 Brier Crescent

41 Gerona Circuit

40 Gerona Circuit

38 Palma Crescent

13 Acklin Court

6 Pristine Court

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