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 · 0.84 km away

Sold for

$1,515,000

Adjusted to this home

$1,452,802

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Land size	this home 894 m² · comparable 570 m²	+$142,560
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 120 m² · comparable 151 m²	−$61,430
Year built	this home 1988 · comparable 1999	−$57,358
Micro-location	this home 0.038 · comparable 0.0574	−$23,513
Distance to beach	this home 3.19 km · comparable 3.98 km	+$21,543
Cladding	this home 3 · comparable 4	−$20,000
Net adjustment		−$62,198

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

8 Cumberland Drive

Sold 3 June 2026 · 0.36 km away

Sold for

$1,415,000

Adjusted to this home

$1,506,518

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Floor area	this home 120 m² · comparable 167.88 m²	−$94,879
Land size	this home 894 m² · comparable 703 m²	+$84,040
Bedrooms	this home 4 · comparable 3	+$73,602
Year built	this home 1988 · comparable 1992	−$20,858
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$19,878
Street	this home 0.065 · comparable 0.0563	+$9,848
Micro-location	this home 0.038 · comparable 0.0462	−$9,282
Distance to beach	this home 3.19 km · comparable 3.55 km	+$9,169
Net adjustment		+$91,518

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

18 Massachusetts Court

Sold 9 July 2026 · 0.60 km away

Sold for

$1,450,000

Adjusted to this home

$1,455,093

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Land size	this home 894 m² · comparable 630 m²	+$116,160
Year built	this home 1988 · comparable 1997	−$46,930
Floor area	this home 120 m² · comparable 137 m²	−$33,687
Micro-location	this home 0.038 · comparable 0.0654	−$31,784
Street	this home 0.065 · comparable 0.0616	+$3,944
Distance to beach	this home 3.19 km · comparable 3.09 km	−$2,610
Net adjustment		+$5,093

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

20 Daryl Drive

Sold 29 October 2025 · 0.85 km away

Sold for

$1,570,000

Adjusted to this home

$1,519,030

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Floor area	this home 120 m² · comparable 201.88 m²	−$162,254
Land size	this home 894 m² · comparable 586 m²	+$135,520
Year built	this home 1988 · comparable 1998	−$52,144
Distance to beach	this home 3.19 km · comparable 4.03 km	+$23,512
Micro-location	this home 0.038 · comparable 0.0291	+$11,178
Street	this home 0.065 · comparable 0.0704	−$6,782
Net adjustment		−$50,970

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

3 Massachusetts Court

Sold 22 July 2026 · 0.71 km away

Sold for

$1,400,000

Adjusted to this home

$1,570,859

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Land size	this home 894 m² · comparable 410 m²	+$212,960
Year built	this home 1988 · comparable 1996	−$41,715
Micro-location	this home 0.038 · comparable 0.0574	−$21,728
Cladding	this home 3 · comparable 2	+$20,000
Street	this home 0.065 · comparable 0.0616	+$3,808
Distance to beach	this home 3.19 km · comparable 3.1 km	−$2,268
Floor area	this home 120 m² · comparable 120.1 m²	−$198
Net adjustment		+$170,859

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

1 Thornleigh Crescent

Sold 24 March 2026 · 0.52 km away

Sold for

$1,715,000

Adjusted to this home

$1,595,473

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Floor area	this home 120 m² · comparable 188 m²	−$134,749
Land size	this home 894 m² · comparable 692 m²	+$88,880
Street	this home 0.065 · comparable 0.1043	−$53,920
Car spaces	this home 2 · comparable 3	−$32,000
Year built	this home 1988 · comparable 1994	−$31,286
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$19,878
Distance to beach	this home 3.19 km · comparable 3.7 km	+$15,744
Micro-location	this home 0.038 · comparable 0.0468	−$12,074
Net adjustment		−$119,527

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

16 Stanford Avenue

Sold 25 September 2026 · 0.50 km away

Sold for

$1,185,000

Adjusted to this home

$1,350,145

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Land size	this home 894 m² · comparable 420 m²	+$208,560
Bedrooms	this home 4 · comparable 3	+$73,602
Floor area	this home 120 m² · comparable 149.41 m²	−$58,279
Year built	this home 1988 · comparable 1996	−$41,715
Micro-location	this home 0.038 · comparable 0.0704	−$30,715
Pool	this home 1 · comparable 0	+$19,878
Distance to beach	this home 3.19 km · comparable 2.9 km	−$6,186
Net adjustment		+$165,145

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

28 Pristine Court

Sold 8 October 2026 · 0.85 km away

Sold for

$1,170,000

Adjusted to this home

$1,415,031

What we added and subtracted to make this sale comparable to 24 Silvabank Drive
Land size	this home 894 m² · comparable 414 m²	+$166,554
Street	this home 0.065 · comparable -0.0146	+$58,755
Bedrooms	this home 4 · comparable 3	+$58,043
Floor area	this home 120 m² · comparable 141.71 m²	−$33,926
Year built	this home 1988 · comparable 1995	−$28,785
Cladding	this home 3 · comparable 2	+$15,772
Distance to beach	this home 3.19 km · comparable 3.54 km	+$5,813
Micro-location	this home 0.038 · comparable 0.0342	+$2,805
Net adjustment		+$245,031

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 24 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 24 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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

14 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 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

8 Cumberland Drive

18 Massachusetts Court

20 Daryl Drive

3 Massachusetts Court

1 Thornleigh Crescent

16 Stanford Avenue

28 Pristine Court

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