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Private property report
Aerial view of 23/5 Greenlands Drive
A living map — drive times, sold comps & your commute

23/5 Greenlands Drive

Varsity Lakes, QLD
387 m² land3 bedrooms1 bathroom101 m² floor

Last recorded sale: $260,000 in October 2014.

Units & townhouses for sale nearby

8 nearbyVarsity Lakes first, nearest first

New listings & latest sales

3 listed in the last 7 days · 3 latest salesin Varsity Lakes or within 3 km
Just listed
17/1 - 21 Regensberg Cl, Varsity Lakes, QLD 4227
3 · 2 · 3
Offers above $995,000
Listed 1 day ago · 1.4 km away
Sold
160/251 Varsity Parade, Varsity Lakes, QLD 4227
2 · 2
$1,000,000
Sold Oct 2026 · 2.0 km away
Just listed
4/28 Gerona Cct, Varsity Lakes, QLD 4227
3 · 2 · 2
Offers Closing 28 October
Listed 2d ago · 1.6 km away
Sold
10/10 Valbonne Avenue, Varsity Lakes, QLD 4227
3 · 2
$1,100,000
Sold Oct 2026 · 1.1 km away
Just listed
12/17 Great Southern Drive, Robina, QLD 4226
3 · 3 · 4
Offers over $1,149,000
Listed 2d ago · 2.6 km away
Sold
163/251 Varsity Parade, Varsity Lakes, QLD 4227
2 · 2
$1,180,000
Sold Oct 2026 · 2.0 km away

Where your competition sits

8 competing units & townhouses nearby

Your valuation

Comparable range

$925,360 – $1,158,783

6 adjusted comparable sales · 6 verified · 6 of 15 candidate sales verified · band ±11.2% measured on 581 sales

The 6 sales behind that range — and every adjustment

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.

1/9 Magenta Drive

Sold 19 May 2026 · 2.08 km away

Sold for

$1,092,000

Adjusted to this home

$973,639

3/28 Palma Crescent

Sold 2 July 2026 · 1.52 km away

Sold for

$999,500

Adjusted to this home

$820,600

2/6 Comore Drive

Sold 12 February 2026 · 1.01 km away

Sold for

$1,275,000

Adjusted to this home

$1,012,662

1/18 Menton Avenue

Sold 10 August 2026 · 1.07 km away

Sold for

$1,150,000

Adjusted to this home

$854,938

6/13 Ranier Crescent

Sold 25 January 2026 · 2.28 km away

Sold for

$1,250,000

Adjusted to this home

$997,396

3/119 Bayswater Avenue

Sold 3 March 2026 · 1.56 km away

Sold for

$1,300,000

Adjusted to this home

$1,025,946

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
“Prices are holding for now, but we need to be watching inflation, household spending, and wage growth as leading indicators of where the market moves next.”
Will SimpsonFields Real Estate
Your market update

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 23/5 Greenlands 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 23/5 Greenlands 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.

Your home

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Reports for this address
Valuation Report cover

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 cover

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

See how Varsity Lakes is moving right now.