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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.47 km away

Sold for

$1,400,000

Adjusted to this home

$1,404,548

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Car spaces	this home 5 · comparable 2	+$162,514
Bedrooms	this home 4 · comparable 3	+$138,289
Street	this home -0.0661 · comparable 0.0386	−$117,264
Floor area	this home 86 m² · comparable 145 m²	−$116,820
Condition	this home 7 · comparable 8	−$56,000
Land size	this home 708 m² · comparable 405 m²	+$45,086
Micro-location	this home -0.0107 · comparable 0.0223	−$36,960
Year built	this home 1989 · comparable 1995	−$18,581
Distance to beach	this home 3.75 km · comparable 3.92 km	+$4,284
Net adjustment		+$4,548

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

31 Roundelay Drive

Sold 30 July 2026 · 1.27 km away

Sold for

$1,380,000

Adjusted to this home

$1,363,148

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Car spaces	this home 5 · comparable 2	+$162,514
Floor area	this home 86 m² · comparable 151.3 m²	−$129,294
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 7 · comparable 8	−$55,200
Street	this home -0.0661 · comparable -0.023	−$47,582
Micro-location	this home -0.0107 · comparable 0.0311	−$46,147
Land size	this home 708 m² · comparable 420 m²	+$42,854
Year built	this home 1989 · comparable 1994	−$15,484
Cladding	this home 3 · comparable 2	+$11,461
Distance to beach	this home 3.75 km · comparable 3.59 km	−$3,974
Net adjustment		−$16,852

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

8 Cumberland Drive

Sold 3 June 2026 · 0.70 km away

Sold for

$1,415,000

Adjusted to this home

$1,412,534

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Car spaces	this home 5 · comparable 2	+$162,514
Floor area	this home 86 m² · comparable 167.88 m²	−$162,122
Street	this home -0.0661 · comparable 0.0563	−$138,557
Bedrooms	this home 4 · comparable 3	+$138,289
Micro-location	this home -0.0107 · comparable 0.0462	−$64,411
Pool	this home 1 · comparable 0	+$64,000
Cladding	this home 3 · comparable 2	+$11,461
Year built	this home 1989 · comparable 1992	−$9,290
Distance to beach	this home 3.75 km · comparable 3.55 km	−$5,094
Land size	this home 708 m² · comparable 703 m²	+$744
Net adjustment		−$2,466

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

39 Brier Crescent

Sold 16 May 2026 · 0.61 km away

Sold for

$1,302,000

Adjusted to this home

$1,339,212

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Bedrooms	this home 4 · comparable 3	+$138,289
Floor area	this home 86 m² · comparable 141 m²	−$108,900
Car spaces	this home 5 · comparable 3	+$108,342
Year built	this home 1989 · comparable 2013	−$74,323
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 7 · comparable 8	−$52,080
Street	this home -0.0661 · comparable -0.0225	−$45,414
Micro-location	this home -0.0107 · comparable 0.0157	−$27,498
Cladding	this home 3 · comparable 1	+$22,922
Distance to beach	this home 3.75 km · comparable 4.35 km	+$11,874
Net adjustment		+$37,212

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

36 Roundelay Drive

Sold 23 December 2025 · 1.24 km away

Sold for

$1,352,000

Adjusted to this home

$1,366,144

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Car spaces	this home 5 · comparable 2	+$162,514
Floor area	this home 86 m² · comparable 161 m²	−$148,500
Bedrooms	this home 4 · comparable 3	+$138,289
Condition	this home 7 · comparable 9	−$135,200
Pool	this home 1 · comparable 0	+$64,000
Street	this home -0.0661 · comparable -0.023	−$46,617
Land size	this home 708 m² · comparable 415 m²	+$43,598
Micro-location	this home -0.0107 · comparable 0.0287	−$42,615
Year built	this home 1989 · comparable 1994	−$15,484
Distance to beach	this home 3.75 km · comparable 3.51 km	−$5,841
Net adjustment		+$14,144

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

16 Stanford Avenue

Sold 25 September 2026 · 1.44 km away

Sold for

$1,185,000

Adjusted to this home

$1,350,414

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Car spaces	this home 5 · comparable 2	+$162,514
Bedrooms	this home 4 · comparable 3	+$138,289
Floor area	this home 86 m² · comparable 149.41 m²	−$125,552
Micro-location	this home -0.0107 · comparable 0.0704	−$76,883
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 708 m² · comparable 420 m²	+$42,854
Year built	this home 1989 · comparable 1996	−$21,678
Distance to beach	this home 3.75 km · comparable 2.9 km	−$18,130
Net adjustment		+$165,414

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

31 Lakeridge Drive

Sold 17 November 2025 · 0.61 km away

Sold for

$1,300,000

Adjusted to this home

$1,382,642

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Bedrooms	this home 4 · comparable 3	+$138,289
Floor area	this home 86 m² · comparable 137 m²	−$100,980
Street	this home -0.0661 · comparable 0.016	−$85,384
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home -0.0107 · comparable 0.0457	−$58,656
Car spaces	this home 5 · comparable 4	+$54,171
Condition	this home 7 · comparable 6	+$52,000
Cladding	this home 3 · comparable 2	+$11,461
Land size	this home 708 m² · comparable 652 m²	+$8,333
Distance to beach	this home 3.75 km · comparable 3.46 km	−$6,786
Year built	this home 1989 · comparable 1987	+$6,194
Net adjustment		+$82,642

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

13 Acklin Court

Sold 2 September 2026 · 1.21 km away

Sold for

$1,110,000

Adjusted to this home

$1,290,909

What we added and subtracted to make this sale comparable to 31 Grevillea Drive
Car spaces	this home 5 · comparable 2	+$162,514
Bedrooms	this home 4 · comparable 3	+$138,289
Floor area	this home 86 m² · comparable 137 m²	−$100,980
Micro-location	this home -0.0107 · comparable 0.1014	−$99,545
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 708 m² · comparable 375 m²	+$49,550
Year built	this home 1989 · comparable 2002	−$40,258
Distance to beach	this home 3.75 km · comparable 4.16 km	+$7,339
Net adjustment		+$180,909

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 31 Grevillea 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 31 Grevillea 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)

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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 →

31 Grevillea Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

9 Gainsborough Drive

31 Roundelay Drive

8 Cumberland Drive

39 Brier Crescent

36 Roundelay Drive

16 Stanford Avenue

31 Lakeridge Drive

13 Acklin Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 31 Grevillea Drive sit?