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.

41 Gerona Circuit

Sold 26 May 2026 · 0.48 km away

Sold for

$1,410,000

Adjusted to this home

$1,396,192

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Micro-location	this home 0.1218 · comparable 0.0822	+$44,669
Land size	this home 500 m² · comparable 586 m²	−$37,840
Floor area	this home 153 m² · comparable 174 m²	−$23,722
Street	this home 0.0379 · comparable 0.0518	−$15,679
Year built	this home 2006 · comparable 2003	+$13,738
Distance to beach	this home 4.88 km · comparable 5.15 km	+$5,026
Net adjustment		−$13,808

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

40 Gerona Circuit

Sold 26 May 2026 · 0.37 km away

Sold for

$1,410,000

Adjusted to this home

$1,367,785

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Pool	this home 0 · comparable 1	−$78,550
Land size	this home 500 m² · comparable 400 m²	+$44,000
Floor area	this home 153 m² · comparable 188 m²	−$39,536
Micro-location	this home 0.1218 · comparable 0.0943	+$31,020
Street	this home 0.0379 · comparable 0.0518	−$15,679
Year built	this home 2006 · comparable 2003	+$13,738
Distance to beach	this home 4.88 km · comparable 5.03 km	+$2,792
Net adjustment		−$42,215

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

39 Brier Crescent

Sold 16 May 2026 · 0.64 km away

Sold for

$1,302,000

Adjusted to this home

$1,358,991

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Micro-location	this home 0.1218 · comparable 0.0157	+$110,514
Land size	this home 500 m² · comparable 708 m²	−$91,520
Bedrooms	this home 4 · comparable 3	+$74,101
Street	this home 0.0379 · comparable -0.0225	+$62,913
Condition	this home 7 · comparable 8	−$52,080
Car spaces	this home 2 · comparable 3	−$38,331
Year built	this home 2006 · comparable 2013	−$32,054
Cladding	this home 3 · comparable 1	+$19,002
Floor area	this home 153 m² · comparable 141 m²	+$13,555
Distance to beach	this home 4.88 km · comparable 4.35 km	−$9,109
Net adjustment		+$56,991

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

3 Avellino Drive

Sold 19 January 2026 · 0.83 km away

Sold for

$1,350,000

Adjusted to this home

$1,380,872

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Land size	this home 500 m² · comparable 350 m²	+$66,000
Floor area	this home 153 m² · comparable 181 m²	−$31,629
Year built	this home 2006 · comparable 2002	+$18,317
Micro-location	this home 0.1218 · comparable 0.1354	−$14,688
Distance to beach	this home 4.88 km · comparable 4.48 km	−$7,128
Net adjustment		+$30,872

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

17 Imperia Crescent

Sold 4 November 2025 · 0.74 km away

Sold for

$1,400,000

Adjusted to this home

$1,395,049

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Condition	this home 7 · comparable 9	−$140,000
Micro-location	this home 0.1218 · comparable 0.054	+$75,936
Street	this home 0.0379 · comparable -0.0147	+$58,912
Floor area	this home 153 m² · comparable 168.42 m²	−$17,418
Year built	this home 2006 · comparable 2003	+$13,738
Distance to beach	this home 4.88 km · comparable 5.09 km	+$3,881
Net adjustment		−$4,951

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

49 Lantau Crescent

Sold 21 January 2026 · 0.52 km away

Sold for

$1,475,000

Adjusted to this home

$1,387,305

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Condition	this home 7 · comparable 9	−$147,500
Pool	this home 0 · comparable 1	−$78,550
Street	this home 0.0379 · comparable -0.0071	+$53,100
Micro-location	this home 0.1218 · comparable 0.0831	+$45,666
Land size	this home 500 m² · comparable 400 m²	+$44,000
Floor area	this home 153 m² · comparable 176.74 m²	−$26,817
Year built	this home 2006 · comparable 2002	+$18,317
Distance to beach	this home 4.88 km · comparable 5.09 km	+$4,089
Net adjustment		−$87,695

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

5 Palma Crescent

Sold 27 March 2026 · 0.34 km away

Sold for

$1,395,000

Adjusted to this home

$1,319,401

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Water views	this home 0 · comparable 1	−$118,099
Land size	this home 500 m² · comparable 350 m²	+$66,000
Condition	this home 7 · comparable 8	−$55,800
Micro-location	this home 0.1218 · comparable 0.0871	+$38,725
Floor area	this home 153 m² · comparable 172.46 m²	−$21,982
Year built	this home 2006 · comparable 2003	+$13,738
Distance to beach	this home 4.88 km · comparable 5.1 km	+$4,051
Street	this home 0.0379 · comparable 0.0399	−$2,232
Net adjustment		−$75,599

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

16 South Bay Drive

Sold 9 July 2026 · 1.20 km away

Sold for

$1,250,000

Adjusted to this home

$1,233,939

What we added and subtracted to make this sale comparable to 24 Castello Circuit
Land size	this home 500 m² · comparable 188 m²	+$137,280
Water views	this home 0 · comparable 1	−$118,099
Micro-location	this home 0.1218 · comparable 0.0436	+$78,200
Bedrooms	this home 4 · comparable 3	+$74,101
Storeys	this home 1 · comparable 2	−$70,782
Condition	this home 7 · comparable 8	−$50,000
Street	this home 0.0379 · comparable 0.064	−$26,100
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2006 · comparable 2009	−$13,738
Distance to beach	this home 4.88 km · comparable 4.09 km	−$13,035
Cladding	this home 3 · comparable 2	+$9,501
Floor area	this home 153 m² · comparable 156 m²	−$3,389
Net adjustment		−$16,061

A further 6 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 24 Castello Circuit 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 24 Castello Circuit 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 →

24 Castello Circuit

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

41 Gerona Circuit

40 Gerona Circuit

39 Brier Crescent

3 Avellino Drive

17 Imperia Crescent

49 Lantau Crescent

5 Palma Crescent

16 South Bay Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 24 Castello Circuit sit?