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.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.40 km away

Sold for

$1,590,000

Adjusted to this home

$1,561,221

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Condition	this home 7 · comparable 9	−$159,000
Land size	this home 806 m² · comparable 449 m²	+$131,090
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$40,629
Micro-location	this home 0.1189 · comparable 0.15	−$39,559
Floor area	this home 287 m² · comparable 241.24 m²	+$36,901
Bedrooms	this home 4 · comparable 5	−$26,890
Bathrooms	this home 3 · comparable 2	+$10,432
Year built	this home 2002 · comparable 2003	−$4,074
Distance to beach	this home 4.48 km · comparable 4.43 km	−$1,050
Net adjustment		−$28,779

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

4 Barbie Avenue

Sold 5 August 2026 · 0.77 km away

Sold for

$1,515,000

Adjusted to this home

$1,579,991

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Condition	this home 7 · comparable 9	−$151,500
Floor area	this home 287 m² · comparable 151 m²	+$109,670
Land size	this home 806 m² · comparable 570 m²	+$86,659
Micro-location	this home 0.1189 · comparable 0.0574	+$74,538
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 2002 · comparable 1999	+$12,223
Bathrooms	this home 3 · comparable 2	+$10,432
Distance to beach	this home 4.48 km · comparable 3.98 km	−$10,145
Cladding	this home 3 · comparable 4	−$2,886
Net adjustment		+$64,991

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

95 Bayswater Ave

Sold 7 March 2026 · 0.03 km away

Sold for

$1,682,500

Adjusted to this home

$1,621,976

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Condition	this home 7 · comparable 9	−$168,250
Land size	this home 806 m² · comparable 488 m²	+$116,770
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$40,629
Bedrooms	this home 4 · comparable 5	−$26,890
Floor area	this home 287 m² · comparable 294.19 m²	−$5,798
Year built	this home 2002 · comparable 2003	−$4,074
Micro-location	this home 0.1189 · comparable 0.116	+$3,903
Distance to beach	this home 4.48 km · comparable 4.5 km	+$444
Net adjustment		−$60,524

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

45 North Shore Avenue

Sold 22 April 2026 · 0.75 km away

Sold for

$1,700,000

Adjusted to this home

$1,723,662

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Condition	this home 7 · comparable 9	−$170,000
Micro-location	this home 0.1189 · comparable 0.0333	+$116,416
Floor area	this home 287 m² · comparable 188 m²	+$79,834
Car spaces	this home 2 · comparable 4	−$64,000
Land size	this home 806 m² · comparable 637 m²	+$62,057
Distance to beach	this home 4.48 km · comparable 3.99 km	−$11,077
Bathrooms	this home 3 · comparable 2	+$10,432
Net adjustment		+$23,662

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

28 Meridien Avenue

Sold 19 February 2026 · 0.72 km away

Sold for

$1,820,000

Adjusted to this home

$1,768,979

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Land size	this home 806 m² · comparable 400 m²	+$149,083
Condition	this home 7 · comparable 8	−$72,800
Car spaces	this home 2 · comparable 4	−$64,000
Micro-location	this home 0.1189 · comparable 0.15	−$45,282
Floor area	this home 287 m² · comparable 311 m²	−$19,354
Year built	this home 2002 · comparable 2005	−$12,223
Bathrooms	this home 3 · comparable 2	+$10,432
Distance to beach	this home 4.48 km · comparable 4.61 km	+$3,123
Net adjustment		−$51,021

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

49 Lantau Crescent

Sold 21 January 2026 · 0.70 km away

Sold for

$1,475,000

Adjusted to this home

$1,630,050

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Land size	this home 806 m² · comparable 400 m²	+$149,083
Condition	this home 7 · comparable 9	−$147,500
Floor area	this home 287 m² · comparable 176.74 m²	+$88,914
Micro-location	this home 0.1189 · comparable 0.0831	+$42,244
Distance to beach	this home 4.48 km · comparable 5.09 km	+$11,877
Bathrooms	this home 3 · comparable 2	+$10,432
Net adjustment		+$155,050

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

13 Kodiak Drive

Sold 24 August 2026 · 0.38 km away

Sold for

$1,820,000

Adjusted to this home

$1,689,037

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Condition	this home 7 · comparable 9	−$182,000
Floor area	this home 287 m² · comparable 202.99 m²	+$67,746
Land size	this home 806 m² · comparable 640 m²	+$60,955
Storeys	this home 1 · comparable 2	−$40,629
Car spaces	this home 2 · comparable 3	−$32,000
Micro-location	this home 0.1189 · comparable 0.1255	−$9,610
Distance to beach	this home 4.48 km · comparable 4.84 km	+$8,649
Year built	this home 2002 · comparable 2003	−$4,074
Net adjustment		−$130,963

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

73 Azzurra Drive

Sold 10 February 2026 · 0.56 km away

Sold for

$1,730,000

Adjusted to this home

$1,647,902

What we added and subtracted to make this sale comparable to 2 Avellino Drive
Condition	this home 7 · comparable 9	−$173,000
Land size	this home 806 m² · comparable 432 m²	+$137,333
Floor area	this home 287 m² · comparable 201.57 m²	+$68,890
Micro-location	this home 0.1189 · comparable 0.15	−$43,042
Storeys	this home 1 · comparable 2	−$40,629
Bedrooms	this home 4 · comparable 5	−$26,890
Year built	this home 2002 · comparable 2005	−$12,223
Bathrooms	this home 3 · comparable 2	+$10,432
Distance to beach	this home 4.48 km · comparable 4.35 km	−$2,969
Net adjustment		−$82,098

A further 8 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 2 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 2 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 →

2 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

13 Saint Paul Crescent

4 Barbie Avenue

95 Bayswater Ave

45 North Shore Avenue

28 Meridien Avenue

49 Lantau Crescent

13 Kodiak Drive

73 Azzurra Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 2 Avellino Drive sit?