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.

22 Elizabeth Crescent

Sold 16 February 2026 · 0.83 km away

Sold for

$1,570,000

Adjusted to this home

$1,569,199

What we added and subtracted to make this sale comparable to 23 Illinois Court
Condition	this home 7 · comparable 8	−$62,800
Micro-location	this home 0.0481 · comparable 0.0807	−$40,946
Cladding	this home 3 · comparable 1	+$40,000
Year built	this home 1996 · comparable 2010	−$39,200
Car spaces	this home 4 · comparable 2	+$35,928
Land size	this home 453 m² · comparable 331 m²	+$25,669
Distance to beach	this home 3.34 km · comparable 4.17 km	+$22,174
Floor area	this home 208 m² · comparable 199 m²	+$18,374
Net adjustment		−$801

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

18 Massachusetts Court

Sold 9 July 2026 · 0.29 km away

Sold for

$1,450,000

Adjusted to this home

$1,564,248

What we added and subtracted to make this sale comparable to 23 Illinois Court
Floor area	this home 208 m² · comparable 137 m²	+$144,954
Land size	this home 453 m² · comparable 630 m²	−$37,241
Car spaces	this home 4 · comparable 2	+$35,928
Micro-location	this home 0.0481 · comparable 0.0654	−$20,068
Distance to beach	this home 3.34 km · comparable 3.09 km	−$6,525
Year built	this home 1996 · comparable 1997	−$2,800
Net adjustment		+$114,248

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

45 North Shore Avenue

Sold 22 April 2026 · 0.80 km away

Sold for

$1,700,000

Adjusted to this home

$1,555,336

What we added and subtracted to make this sale comparable to 23 Illinois Court
Condition	this home 7 · comparable 9	−$170,000
Floor area	this home 208 m² · comparable 188 m²	+$40,832
Land size	this home 453 m² · comparable 637 m²	−$38,714
Micro-location	this home 0.0481 · comparable 0.0333	+$20,128
Distance to beach	this home 3.34 km · comparable 3.99 km	+$19,890
Year built	this home 1996 · comparable 2002	−$16,800
Net adjustment		−$144,664

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

4 Barbie Avenue

Sold 5 August 2026 · 0.84 km away

Sold for

$1,515,000

Adjusted to this home

$1,433,036

What we added and subtracted to make this sale comparable to 23 Illinois Court
Condition	this home 7 · comparable 9	−$151,500
Floor area	this home 208 m² · comparable 151 m²	+$116,371
Land size	this home 453 m² · comparable 570 m²	−$24,617
Cladding	this home 3 · comparable 4	−$20,000
Distance to beach	this home 3.34 km · comparable 3.98 km	+$17,453
Micro-location	this home 0.0481 · comparable 0.0574	−$11,271
Year built	this home 1996 · comparable 1999	−$8,400
Net adjustment		−$81,964

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

5 Pristine Court

Sold 21 November 2025 · 0.40 km away

Sold for

$1,490,000

Adjusted to this home

$1,513,609

What we added and subtracted to make this sale comparable to 23 Illinois Court
Condition	this home 7 · comparable 8	−$59,600
Micro-location	this home 0.0481 · comparable 0.0136	+$41,124
Car spaces	this home 4 · comparable 2	+$35,928
Floor area	this home 208 m² · comparable 225 m²	−$34,707
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 453 m² · comparable 401 m²	+$10,941
Distance to beach	this home 3.34 km · comparable 3.71 km	+$9,923
Net adjustment		+$23,609

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

3 Massachusetts Court

Sold 22 July 2026 · 0.24 km away

Sold for

$1,400,000

Adjusted to this home

$1,627,968

What we added and subtracted to make this sale comparable to 23 Illinois Court
Floor area	this home 208 m² · comparable 120.1 m²	+$179,457
Car spaces	this home 4 · comparable 2	+$35,928
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0481 · comparable 0.0574	−$10,416
Land size	this home 453 m² · comparable 410 m²	+$9,047
Distance to beach	this home 3.34 km · comparable 3.1 km	−$6,048
Net adjustment		+$227,968

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

31 Roundelay Drive

Sold 30 July 2026 · 0.31 km away

Sold for

$1,380,000

Adjusted to this home

$1,633,505

What we added and subtracted to make this sale comparable to 23 Illinois Court
Floor area	this home 208 m² · comparable 151.3 m²	+$115,758
Pool	this home 1 · comparable 0	+$99,498
Condition	this home 7 · comparable 8	−$55,200
Car spaces	this home 4 · comparable 2	+$35,928
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0481 · comparable 0.0311	+$18,768
Land size	this home 453 m² · comparable 420 m²	+$6,943
Distance to beach	this home 3.34 km · comparable 3.59 km	+$6,210
Year built	this home 1996 · comparable 1994	+$5,600
Net adjustment		+$253,505

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

56 Southlake Drive

Sold 21 July 2026 · 0.62 km away

Sold for

$1,660,000

Adjusted to this home

$1,674,967

What we added and subtracted to make this sale comparable to 23 Illinois Court
Condition	this home 7 · comparable 9	−$166,000
Floor area	this home 208 m² · comparable 133 m²	+$153,120
Air conditioning	this home 0 · comparable 1	−$20,000
Car spaces	this home 4 · comparable 3	+$17,964
Distance to beach	this home 3.34 km · comparable 3.76 km	+$12,550
Year built	this home 1996 · comparable 1993	+$8,400
Micro-location	this home 0.0481 · comparable 0.0447	+$4,515
Land size	this home 453 m² · comparable 432 m²	+$4,418
Net adjustment		+$14,967

A further 9 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 23 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 23 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

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 →

23 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

22 Elizabeth Crescent

18 Massachusetts Court

45 North Shore Avenue

4 Barbie Avenue

5 Pristine Court

3 Massachusetts Court

31 Roundelay Drive

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 23 Illinois Court sit?