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.

8 Cumberland Drive

Sold 3 June 2026 · 0.37 km away

Sold for

$1,415,000

Adjusted to this home

$1,399,101

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Floor area	this home 120 m² · comparable 167.88 m²	−$100,931
Land size	this home 787 m² · comparable 703 m²	+$36,960
Pool	this home 1 · comparable 0	+$36,284
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 1988 · comparable 1992	−$18,003
Street	this home 0.065 · comparable 0.0563	+$9,848
Micro-location	this home 0.0376 · comparable 0.0462	−$9,735
Distance to beach	this home 3.17 km · comparable 3.55 km	+$9,678
Net adjustment		−$15,899

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

3 Massachusetts Court

Sold 22 July 2026 · 0.70 km away

Sold for

$1,400,000

Adjusted to this home

$1,451,630

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Land size	this home 787 m² · comparable 410 m²	+$165,880
Bedrooms	this home 3 · comparable 4	−$77,902
Year built	this home 1988 · comparable 1996	−$36,006
Micro-location	this home 0.0376 · comparable 0.0574	−$22,176
Cladding	this home 3 · comparable 2	+$20,000
Street	this home 0.065 · comparable 0.0616	+$3,808
Distance to beach	this home 3.17 km · comparable 3.1 km	−$1,764
Floor area	this home 120 m² · comparable 120.1 m²	−$210
Net adjustment		+$51,630

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

16 Stanford Avenue

Sold 25 September 2026 · 0.48 km away

Sold for

$1,185,000

Adjusted to this home

$1,247,909

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Land size	this home 787 m² · comparable 420 m²	+$161,480
Floor area	this home 120 m² · comparable 149.41 m²	−$61,996
Pool	this home 1 · comparable 0	+$36,284
Year built	this home 1988 · comparable 1996	−$36,006
Micro-location	this home 0.0376 · comparable 0.0704	−$31,094
Distance to beach	this home 3.17 km · comparable 2.9 km	−$5,759
Net adjustment		+$62,909

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

3 Dorothy Place

Sold 27 March 2026 · 0.71 km away

Sold for

$1,300,000

Adjusted to this home

$1,438,444

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Land size	this home 787 m² · comparable 410 m²	+$165,880
Year built	this home 1988 · comparable 1995	−$31,506
Floor area	this home 120 m² · comparable 129.58 m²	−$20,194
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.17 km · comparable 3.81 km	+$14,976
Micro-location	this home 0.0376 · comparable 0.0479	−$10,712
Net adjustment		+$138,444

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

28 Pristine Court

Sold 8 October 2026 · 0.84 km away

Sold for

$1,170,000

Adjusted to this home

$1,362,329

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Land size	this home 787 m² · comparable 414 m²	+$164,120
Street	this home 0.065 · comparable -0.0146	+$74,506
Floor area	this home 120 m² · comparable 141.71 m²	−$45,765
Year built	this home 1988 · comparable 1995	−$31,506
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.17 km · comparable 3.54 km	+$7,792
Micro-location	this home 0.0376 · comparable 0.0342	+$3,182
Net adjustment		+$192,329

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

4 Barbie Avenue

Sold 5 August 2026 · 0.85 km away

Sold for

$1,515,000

Adjusted to this home

$1,331,812

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Land size	this home 787 m² · comparable 570 m²	+$95,480
Bedrooms	this home 3 · comparable 4	−$77,902
Floor area	this home 120 m² · comparable 151 m²	−$65,348
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 1988 · comparable 1999	−$49,509
Micro-location	this home 0.0376 · comparable 0.0574	−$23,998
Distance to beach	this home 3.17 km · comparable 3.98 km	+$22,089
Cladding	this home 3 · comparable 4	−$20,000
Net adjustment		−$183,188

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.76 km away

Sold for

$1,400,000

Adjusted to this home

$1,549,478

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Land size	this home 787 m² · comparable 405 m²	+$168,080
Floor area	this home 120 m² · comparable 145 m²	−$52,700
Year built	this home 1988 · comparable 1995	−$31,506
Street	this home 0.065 · comparable 0.0386	+$29,568
Distance to beach	this home 3.17 km · comparable 3.92 km	+$18,900
Micro-location	this home 0.0376 · comparable 0.0223	+$17,136
Net adjustment		+$149,478

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

31 Roundelay Drive

Sold 30 July 2026 · 0.72 km away

Sold for

$1,380,000

Adjusted to this home

$1,541,637

What we added and subtracted to make this sale comparable to 22 Silvabank Drive
Land size	this home 787 m² · comparable 420 m²	+$161,480
Street	this home 0.065 · comparable -0.023	+$97,152
Bedrooms	this home 3 · comparable 4	−$77,902
Floor area	this home 120 m² · comparable 151.3 m²	−$65,981
Pool	this home 1 · comparable 0	+$36,284
Year built	this home 1988 · comparable 1994	−$27,005
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.17 km · comparable 3.59 km	+$10,433
Micro-location	this home 0.0376 · comparable 0.0311	+$7,176
Net adjustment		+$161,637

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 22 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 22 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

19 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 →

22 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

8 Cumberland Drive

3 Massachusetts Court

16 Stanford Avenue

3 Dorothy Place

28 Pristine Court

4 Barbie Avenue

9 Gainsborough Drive

31 Roundelay Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 22 Silvabank Drive sit?