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.

40 Gerona Circuit

Sold 26 May 2026 · 0.42 km away

Sold for

$1,410,000

Adjusted to this home

$1,422,558

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Pool	this home 0 · comparable 1	−$80,469
Bedrooms	this home 5 · comparable 4	+$67,273
Micro-location	this home 0.1198 · comparable 0.0943	+$28,764
Street	this home 0.0379 · comparable 0.0518	−$15,679
Year built	this home 2005 · comparable 2003	+$9,222
Distance to beach	this home 4.91 km · comparable 5.03 km	+$2,234
Floor area	this home 189 m² · comparable 188 m²	+$1,209
Land size	this home 401 m² · comparable 400 m²	+$4
Net adjustment		+$12,558

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

4 Barbie Avenue

Sold 5 August 2026 · 0.94 km away

Sold for

$1,515,000

Adjusted to this home

$1,394,693

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Condition	this home 7 · comparable 9	−$151,500
Pool	this home 0 · comparable 1	−$80,469
Micro-location	this home 0.1198 · comparable 0.0574	+$75,629
Car spaces	this home 2 · comparable 4	−$71,158
Bedrooms	this home 5 · comparable 4	+$67,273
Floor area	this home 189 m² · comparable 151 m²	+$45,934
Year built	this home 2005 · comparable 1999	+$27,667
Distance to beach	this home 4.91 km · comparable 3.98 km	−$18,743
Cladding	this home 3 · comparable 4	−$14,264
Land size	this home 401 m² · comparable 570 m²	−$676
Net adjustment		−$120,307

A further 7 factors were compared and found the same on both properties, so no money moved.

49 Lantau Crescent

Sold 21 January 2026 · 0.57 km away

Sold for

$1,475,000

Adjusted to this home

$1,442,873

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Condition	this home 7 · comparable 9	−$147,500
Pool	this home 0 · comparable 1	−$80,469
Bedrooms	this home 5 · comparable 4	+$67,273
Street	this home 0.0379 · comparable -0.0071	+$53,100
Micro-location	this home 0.1198 · comparable 0.0831	+$43,306
Floor area	this home 189 m² · comparable 176.74 m²	+$14,820
Year built	this home 2005 · comparable 2002	+$13,834
Distance to beach	this home 4.91 km · comparable 5.09 km	+$3,505
Land size	this home 401 m² · comparable 400 m²	+$4
Net adjustment		−$32,127

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

5 Palma Crescent

Sold 27 March 2026 · 0.38 km away

Sold for

$1,395,000

Adjusted to this home

$1,354,530

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Water views	this home 0 · comparable 1	−$119,122
Bedrooms	this home 5 · comparable 4	+$67,273
Condition	this home 7 · comparable 8	−$55,800
Micro-location	this home 0.1198 · comparable 0.0871	+$36,493
Floor area	this home 189 m² · comparable 172.46 m²	+$19,994
Year built	this home 2005 · comparable 2003	+$9,222
Distance to beach	this home 4.91 km · comparable 5.1 km	+$3,498
Street	this home 0.0379 · comparable 0.0399	−$2,232
Land size	this home 401 m² · comparable 350 m²	+$204
Net adjustment		−$40,470

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

3 Avellino Drive

Sold 19 January 2026 · 0.91 km away

Sold for

$1,350,000

Adjusted to this home

$1,416,471

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Bedrooms	this home 5 · comparable 4	+$67,273
Micro-location	this home 0.1198 · comparable 0.1354	−$16,848
Year built	this home 2005 · comparable 2002	+$13,834
Floor area	this home 189 m² · comparable 181 m²	+$9,670
Distance to beach	this home 4.91 km · comparable 4.48 km	−$7,662
Land size	this home 401 m² · comparable 350 m²	+$204
Net adjustment		+$66,471

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

8 Mauritius Court

Sold 5 January 2026 · 0.67 km away

Sold for

$1,338,000

Adjusted to this home

$1,360,150

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Condition	this home 7 · comparable 9	−$133,800
Floor area	this home 189 m² · comparable 119.88 m²	+$83,552
Bedrooms	this home 5 · comparable 4	+$67,273
Year built	this home 2005 · comparable 2002	+$13,834
Micro-location	this home 0.1198 · comparable 0.1253	−$5,887
Distance to beach	this home 4.91 km · comparable 4.75 km	−$2,826
Land size	this home 401 m² · comparable 400 m²	+$4
Net adjustment		+$22,150

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

41 Gerona Circuit

Sold 26 May 2026 · 0.52 km away

Sold for

$1,410,000

Adjusted to this home

$1,535,088

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Bedrooms	this home 5 · comparable 4	+$67,273
Micro-location	this home 0.1198 · comparable 0.0822	+$42,413
Floor area	this home 189 m² · comparable 174 m²	+$18,132
Street	this home 0.0379 · comparable 0.0518	−$15,679
Year built	this home 2005 · comparable 2003	+$9,222
Distance to beach	this home 4.91 km · comparable 5.15 km	+$4,467
Land size	this home 401 m² · comparable 586 m²	−$740
Net adjustment		+$125,088

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

13 Kodiak Drive

Sold 24 August 2026 · 0.74 km away

Sold for

$1,820,000

Adjusted to this home

$1,490,126

What we added and subtracted to make this sale comparable to 27 Castello Circuit
Condition	this home 7 · comparable 9	−$182,000
Pool	this home 0 · comparable 1	−$80,469
Storeys	this home 1 · comparable 2	−$67,979
Bedrooms	this home 5 · comparable 4	+$67,273
Car spaces	this home 2 · comparable 3	−$35,579
Floor area	this home 189 m² · comparable 202.99 m²	−$16,911
Bathrooms	this home 2 · comparable 3	−$12,494
Year built	this home 2005 · comparable 2003	+$9,222
Micro-location	this home 0.1198 · comparable 0.1255	−$8,299
Distance to beach	this home 4.91 km · comparable 4.84 km	−$1,682
Land size	this home 401 m² · comparable 640 m²	−$956
Net adjustment		−$329,874

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 27 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 27 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 →

27 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

40 Gerona Circuit

4 Barbie Avenue

49 Lantau Crescent

5 Palma Crescent

3 Avellino Drive

8 Mauritius Court

41 Gerona Circuit

13 Kodiak Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 27 Castello Circuit sit?