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.

4 Barbie Avenue

Sold 5 August 2026 · 0.86 km away

Sold for

$1,515,000

Adjusted to this home

$1,566,609

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Floor area	this home 194 m² · comparable 151 m²	+$92,949
Land size	this home 757 m² · comparable 570 m²	+$82,280
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 1988 · comparable 1999	−$50,257
Micro-location	this home 0.0362 · comparable 0.0574	−$25,694
Distance to beach	this home 3.16 km · comparable 3.98 km	+$22,362
Cladding	this home 3 · comparable 4	−$6,031
Net adjustment		+$51,609

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

18 Massachusetts Court

Sold 9 July 2026 · 0.57 km away

Sold for

$1,450,000

Adjusted to this home

$1,556,217

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Floor area	this home 194 m² · comparable 137 m²	+$123,211
Land size	this home 757 m² · comparable 630 m²	+$55,880
Year built	this home 1988 · comparable 1997	−$41,119
Micro-location	this home 0.0362 · comparable 0.0654	−$33,872
Street	this home 0.065 · comparable 0.0616	+$3,944
Distance to beach	this home 3.16 km · comparable 3.09 km	−$1,827
Net adjustment		+$106,217

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

1 Thornleigh Crescent

Sold 24 March 2026 · 0.55 km away

Sold for

$1,715,000

Adjusted to this home

$1,686,413

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Street	this home 0.065 · comparable 0.1043	−$53,920
Pool	this home 1 · comparable 0	+$35,018
Car spaces	this home 2 · comparable 3	−$32,000
Land size	this home 757 m² · comparable 692 m²	+$28,600
Year built	this home 1988 · comparable 1994	−$27,413
Distance to beach	this home 3.16 km · comparable 3.7 km	+$16,670
Micro-location	this home 0.0362 · comparable 0.0468	−$14,543
Floor area	this home 194 m² · comparable 188 m²	+$12,970
Cladding	this home 3 · comparable 2	+$6,031
Net adjustment		−$28,587

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

20 Daryl Drive

Sold 29 October 2025 · 0.88 km away

Sold for

$1,570,000

Adjusted to this home

$1,609,014

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Land size	this home 757 m² · comparable 586 m²	+$75,240
Year built	this home 1988 · comparable 1998	−$45,688
Distance to beach	this home 3.16 km · comparable 4.03 km	+$24,360
Floor area	this home 194 m² · comparable 201.88 m²	−$17,034
Micro-location	this home 0.0362 · comparable 0.0291	+$8,918
Street	this home 0.065 · comparable 0.0704	−$6,782
Net adjustment		+$39,014

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

8 Cumberland Drive

Sold 3 June 2026 · 0.39 km away

Sold for

$1,415,000

Adjusted to this home

$1,607,660

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Bedrooms	this home 4 · comparable 3	+$81,203
Floor area	this home 194 m² · comparable 167.88 m²	+$56,461
Pool	this home 1 · comparable 0	+$35,018
Land size	this home 757 m² · comparable 703 m²	+$23,760
Year built	this home 1988 · comparable 1992	−$18,275
Micro-location	this home 0.0362 · comparable 0.0462	−$11,320
Distance to beach	this home 3.16 km · comparable 3.55 km	+$9,934
Street	this home 0.065 · comparable 0.0563	+$9,848
Cladding	this home 3 · comparable 2	+$6,031
Net adjustment		+$192,660

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

32 Warbler Parade

Sold 5 December 2025 · 0.60 km away

Sold for

$1,580,000

Adjusted to this home

$1,518,016

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Land size	this home 757 m² · comparable 653 m²	+$45,760
Year built	this home 1988 · comparable 1996	−$36,550
Floor area	this home 194 m² · comparable 205.68 m²	−$25,247
Micro-location	this home 0.0362 · comparable 0.0499	−$17,317
Street	this home 0.065 · comparable 0.0764	−$14,410
Distance to beach	this home 3.16 km · comparable 2.66 km	−$14,220
Net adjustment		−$61,984

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

3 Massachusetts Court

Sold 22 July 2026 · 0.68 km away

Sold for

$1,400,000

Adjusted to this home

$1,660,455

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Floor area	this home 194 m² · comparable 120.1 m²	+$159,742
Land size	this home 757 m² · comparable 410 m²	+$152,680
Year built	this home 1988 · comparable 1996	−$36,550
Micro-location	this home 0.0362 · comparable 0.0574	−$23,744
Cladding	this home 3 · comparable 2	+$6,031
Street	this home 0.065 · comparable 0.0616	+$3,808
Distance to beach	this home 3.16 km · comparable 3.1 km	−$1,512
Net adjustment		+$260,455

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

16 Stanford Avenue

Sold 25 September 2026 · 0.46 km away

Sold for

$1,185,000

Adjusted to this home

$1,471,369

What we added and subtracted to make this sale comparable to 20 Silvabank Drive
Land size	this home 757 m² · comparable 420 m²	+$148,280
Floor area	this home 194 m² · comparable 149.41 m²	+$96,386
Bedrooms	this home 4 · comparable 3	+$81,203
Year built	this home 1988 · comparable 1996	−$36,550
Pool	this home 1 · comparable 0	+$35,018
Micro-location	this home 0.0362 · comparable 0.0704	−$32,422
Distance to beach	this home 3.16 km · comparable 2.9 km	−$5,546
Net adjustment		+$286,369

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 20 Silvabank 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 20 Silvabank 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 →

20 Silvabank Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Barbie Avenue

18 Massachusetts Court

1 Thornleigh Crescent

20 Daryl Drive

8 Cumberland Drive

32 Warbler Parade

3 Massachusetts Court

16 Stanford Avenue

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 20 Silvabank Drive sit?