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

$1,270,712

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Condition	this home 7 · comparable 6	+$49,000
Floor area	this home 128 m² · comparable 147 m²	−$16,872
Cladding	this home 3 · comparable 2	+$7,464
Micro-location	this home 0.1031 · comparable 0.0998	+$3,234
Land size	this home 393 m² · comparable 350 m²	+$1,754
Distance to beach	this home 4.89 km · comparable 4.96 km	+$1,132
Net adjustment		+$45,712

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

11 Grenada Court

Sold 12 June 2026 · 0.34 km away

Sold for

$1,350,000

Adjusted to this home

$1,280,123

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.1031 · comparable 0.1321	−$31,320
Floor area	this home 128 m² · comparable 118.7 m²	+$8,258
Cladding	this home 3 · comparable 2	+$7,464
Distance to beach	this home 4.89 km · comparable 4.65 km	−$4,277
Land size	this home 393 m² · comparable 295 m²	+$3,998
Net adjustment		−$69,877

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

39 Brier Crescent

Sold 16 May 2026 · 1.07 km away

Sold for

$1,302,000

Adjusted to this home

$1,244,113

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Micro-location	this home 0.1031 · comparable 0.0157	+$91,036
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
Cladding	this home 3 · comparable 1	+$14,928
Land size	this home 393 m² · comparable 708 m²	−$12,852
Floor area	this home 128 m² · comparable 141 m²	−$11,544
Distance to beach	this home 4.89 km · comparable 4.35 km	−$9,281
Net adjustment		−$57,887

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

41 Gerona Circuit

Sold 26 May 2026 · 0.29 km away

Sold for

$1,410,000

Adjusted to this home

$1,350,132

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Floor area	this home 128 m² · comparable 174 m²	−$40,848
Bedrooms	this home 3 · comparable 4	−$35,370
Micro-location	this home 0.1031 · comparable 0.0822	+$23,575
Land size	this home 393 m² · comparable 586 m²	−$7,874
Distance to beach	this home 4.89 km · comparable 5.15 km	+$4,839
Year built	this home 2002 · comparable 2003	−$4,190
Net adjustment		−$59,868

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

40 Gerona Circuit

Sold 26 May 2026 · 0.24 km away

Sold for

$1,410,000

Adjusted to this home

$1,265,406

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 128 m² · comparable 188 m²	−$53,280
Bedrooms	this home 3 · comparable 4	−$35,370
Micro-location	this home 0.1031 · comparable 0.0943	+$9,926
Year built	this home 2002 · comparable 2003	−$4,190
Distance to beach	this home 4.89 km · comparable 5.03 km	+$2,606
Land size	this home 393 m² · comparable 400 m²	−$286
Net adjustment		−$144,594

A further 10 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

$1,291,213

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.1031 · comparable 0.0871	+$17,280
Floor area	this home 128 m² · comparable 147.41 m²	−$17,236
Year built	this home 2002 · comparable 2005	−$12,571
Land size	this home 393 m² · comparable 295 m²	+$3,998
Distance to beach	this home 4.89 km · comparable 5.1 km	+$3,742
Net adjustment		−$58,787

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

6 Pristine Court

Sold 30 June 2026 · 1.22 km away

Sold for

$1,220,000

Adjusted to this home

$1,312,436

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Micro-location	this home 0.1031 · comparable 0.0126	+$88,328
Year built	this home 2002 · comparable 1994	+$33,523
Distance to beach	this home 4.89 km · comparable 3.68 km	−$21,360
Floor area	this home 128 m² · comparable 143.96 m²	−$14,173
Cladding	this home 3 · comparable 2	+$7,464
Land size	this home 393 m² · comparable 426 m²	−$1,346
Net adjustment		+$92,436

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

13 Acklin Court

Sold 2 September 2026 · 0.73 km away

Sold for

$1,110,000

Adjusted to this home

$1,093,556

What we added and subtracted to make this sale comparable to 18 Mindelo Drive
Distance to beach	this home 4.89 km · comparable 4.16 km	−$10,696
Floor area	this home 128 m² · comparable 137 m²	−$7,992
Micro-location	this home 0.1031 · comparable 0.1014	+$1,510
Land size	this home 393 m² · comparable 375 m²	+$734
Net adjustment		−$16,444

A further 13 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 18 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 18 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

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 →

18 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

6 Pristine Court

13 Acklin Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 18 Mindelo Drive sit?