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.

3 Massachusetts Court

Sold 22 July 2026 · 0.40 km away

Sold for

$1,400,000

Adjusted to this home

$1,429,004

What we added and subtracted to make this sale comparable to 2 Illinois Court
Land size	this home 541 m² · comparable 410 m²	+$63,194
Micro-location	this home 0.0317 · comparable 0.0574	−$28,784
Floor area	this home 137 m² · comparable 120.1 m²	+$24,674
Cladding	this home 1 · comparable 2	−$20,000
Distance to beach	this home 3.5 km · comparable 3.1 km	−$10,080
Net adjustment		+$29,004

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

14 Windemere Crescent

Sold 10 March 2026 · 0.76 km away

Sold for

$1,350,000

Adjusted to this home

$1,357,464

What we added and subtracted to make this sale comparable to 2 Illinois Court
Water views	this home 0 · comparable 1	−$144,210
Pool	this home 1 · comparable 0	+$111,181
Land size	this home 541 m² · comparable 400 m²	+$68,018
Cladding	this home 1 · comparable 3	−$40,000
Floor area	this home 137 m² · comparable 123.36 m²	+$19,914
Year built	this home 1996 · comparable 2002	−$18,379
Distance to beach	this home 3.5 km · comparable 4.12 km	+$14,288
Micro-location	this home 0.0317 · comparable 0.0348	−$3,348
Net adjustment		+$7,464

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

8 Morea Court

Sold 27 August 2026 · 0.54 km away

Sold for

$1,230,000

Adjusted to this home

$1,247,890

What we added and subtracted to make this sale comparable to 2 Illinois Court
Pool	this home 1 · comparable 0	+$111,181
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 1 · comparable 3	−$40,000
Land size	this home 541 m² · comparable 473 m²	+$32,803
Floor area	this home 137 m² · comparable 148.5 m²	−$16,790
Year built	this home 1996 · comparable 2001	−$15,316
Distance to beach	this home 3.5 km · comparable 3.93 km	+$9,520
Micro-location	this home 0.0317 · comparable 0.0312	+$492
Net adjustment		+$17,890

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

28 Pristine Court

Sold 8 October 2026 · 0.08 km away

Sold for

$1,170,000

Adjusted to this home

$1,205,953

What we added and subtracted to make this sale comparable to 2 Illinois Court
Land size	this home 541 m² · comparable 414 m²	+$61,265
Cladding	this home 1 · comparable 2	−$20,000
Floor area	this home 137 m² · comparable 141.71 m²	−$6,877
Year built	this home 1996 · comparable 1995	+$3,063
Micro-location	this home 0.0317 · comparable 0.0342	−$2,340
Distance to beach	this home 3.5 km · comparable 3.54 km	+$842
Net adjustment		+$35,953

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

3 Dorothy Place

Sold 27 March 2026 · 0.64 km away

Sold for

$1,300,000

Adjusted to this home

$1,347,496

What we added and subtracted to make this sale comparable to 2 Illinois Court
Land size	this home 541 m² · comparable 410 m²	+$63,194
Cladding	this home 1 · comparable 2	−$20,000
Micro-location	this home 0.0317 · comparable 0.0479	−$16,848
Floor area	this home 137 m² · comparable 129.58 m²	+$10,833
Distance to beach	this home 3.5 km · comparable 3.81 km	+$7,254
Year built	this home 1996 · comparable 1995	+$3,063
Net adjustment		+$47,496

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

16 South Bay Drive

Sold 9 July 2026 · 0.59 km away

Sold for

$1,250,000

Adjusted to this home

$1,240,531

What we added and subtracted to make this sale comparable to 2 Illinois Court
Land size	this home 541 m² · comparable 188 m²	+$170,287
Water views	this home 0 · comparable 1	−$144,210
Pool	this home 1 · comparable 0	+$111,181
Storeys	this home 1 · comparable 2	−$40,000
Year built	this home 1996 · comparable 2009	−$39,822
Floor area	this home 137 m² · comparable 156 m²	−$27,740
Cladding	this home 1 · comparable 2	−$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.5 km · comparable 4.09 km	+$12,735
Micro-location	this home 0.0317 · comparable 0.0436	−$11,900
Net adjustment		−$9,469

A further 5 factors were compared and found the same on both properties, so no money moved.

16 Stanford Avenue

Sold 25 September 2026 · 0.70 km away

Sold for

$1,185,000

Adjusted to this home

$1,246,947

What we added and subtracted to make this sale comparable to 2 Illinois Court
Pool	this home 1 · comparable 0	+$111,181
Land size	this home 541 m² · comparable 420 m²	+$58,370
Cladding	this home 1 · comparable 3	−$40,000
Micro-location	this home 0.0317 · comparable 0.0704	−$36,688
Floor area	this home 137 m² · comparable 149.41 m²	−$18,118
Distance to beach	this home 3.5 km · comparable 2.9 km	−$12,798
Net adjustment		+$61,947

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

6 Pristine Court

Sold 30 June 2026 · 0.26 km away

Sold for

$1,220,000

Adjusted to this home

$1,385,216

What we added and subtracted to make this sale comparable to 2 Illinois Court
Pool	this home 1 · comparable 0	+$111,181
Land size	this home 541 m² · comparable 426 m²	+$55,476
Cladding	this home 1 · comparable 2	−$20,000
Micro-location	this home 0.0317 · comparable 0.0126	+$18,642
Floor area	this home 137 m² · comparable 143.96 m²	−$10,162
Year built	this home 1996 · comparable 1994	+$6,126
Distance to beach	this home 3.5 km · comparable 3.68 km	+$3,953
Net adjustment		+$165,216

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 Illinois Court 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 Illinois Court 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 →

2 Illinois Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

14 Windemere Crescent

8 Morea Court

28 Pristine Court

3 Dorothy Place

16 South Bay Drive

16 Stanford Avenue

6 Pristine Court

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