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 · 0.75 km away

Sold for

$1,515,000

Adjusted to this home

$1,686,341

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Floor area	this home 226 m² · comparable 151 m²	+$148,620
Land size	this home 800 m² · comparable 570 m²	+$101,200
Bedrooms	this home 5 · comparable 4	+$73,602
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 1990 · comparable 1999	−$46,930
Micro-location	this home 0.0406 · comparable 0.0574	−$20,362
Cladding	this home 3 · comparable 4	−$20,000
Pool	this home 0 · comparable 1	−$19,878
Distance to beach	this home 3.28 km · comparable 3.98 km	+$19,089
Net adjustment		+$171,341

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

15 Southlake Drive

Sold 9 September 2026 · 0.28 km away

Sold for

$1,430,000

Adjusted to this home

$1,567,305

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Water views	this home 0 · comparable 1	−$205,074
Floor area	this home 226 m² · comparable 141 m²	+$168,436
Land size	this home 800 m² · comparable 591 m²	+$91,960
Bedrooms	this home 5 · comparable 4	+$73,602
Year built	this home 1990 · comparable 1993	−$15,643
Street	this home 0.065 · comparable 0.0515	+$15,444
Distance to beach	this home 3.28 km · comparable 3.52 km	+$6,178
Micro-location	this home 0.0406 · comparable 0.0385	+$2,402
Net adjustment		+$137,305

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

288 Christine Avenue

Sold 13 August 2026 · 0.44 km away

Sold for

$1,420,000

Adjusted to this home

$1,537,798

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Water views	this home 0 · comparable 1	−$205,074
Bedrooms	this home 5 · comparable 3	+$147,205
Floor area	this home 226 m² · comparable 153.5 m²	+$143,666
Land size	this home 800 m² · comparable 729 m²	+$31,240
Street	this home 0.065 · comparable 0.0431	+$24,878
Year built	this home 1990 · comparable 1994	−$20,858
Micro-location	this home 0.0406 · comparable 0.0586	−$20,448
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.28 km · comparable 3.17 km	−$2,811
Net adjustment		+$117,798

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

6 Massachusetts Court

Sold 17 August 2026 · 0.69 km away

Sold for

$1,800,000

Adjusted to this home

$1,584,618

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Water views	this home 0 · comparable 1	−$205,074
Bedrooms	this home 5 · comparable 4	+$73,602
Floor area	this home 226 m² · comparable 255 m²	−$57,466
Land size	this home 800 m² · comparable 691 m²	+$47,960
Year built	this home 1990 · comparable 1995	−$26,072
Micro-location	this home 0.0406 · comparable 0.0585	−$25,776
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.28 km · comparable 3.05 km	−$7,452
Street	this home 0.065 · comparable 0.0616	+$4,896
Net adjustment		−$215,382

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

45 Warbler Parade

Sold 14 October 2025 · 0.91 km away

Sold for

$1,590,000

Adjusted to this home

$1,673,324

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Floor area	this home 226 m² · comparable 151.5 m²	+$147,629
Bedrooms	this home 5 · comparable 4	+$73,602
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 1990 · comparable 1996	−$31,286
Distance to beach	this home 3.28 km · comparable 2.49 km	−$22,610
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 0 · comparable 1	−$19,878
Street	this home 0.065 · comparable 0.0764	−$14,501
Micro-location	this home 0.0406 · comparable 0.0516	−$13,992
Land size	this home 800 m² · comparable 781 m²	+$8,360
Net adjustment		+$83,324

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

1 Thornleigh Crescent

Sold 24 March 2026 · 0.43 km away

Sold for

$1,715,000

Adjusted to this home

$1,829,105

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Floor area	this home 226 m² · comparable 188 m²	+$75,301
Bedrooms	this home 5 · comparable 4	+$73,602
Street	this home 0.065 · comparable 0.1043	−$53,920
Land size	this home 800 m² · comparable 692 m²	+$47,520
Car spaces	this home 2 · comparable 3	−$32,000
Year built	this home 1990 · comparable 1994	−$20,858
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.28 km · comparable 3.7 km	+$12,966
Micro-location	this home 0.0406 · comparable 0.0468	−$8,506
Net adjustment		+$114,105

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

21 Washington Court

Sold 17 June 2026 · 0.79 km away

Sold for

$2,050,000

Adjusted to this home

$1,768,280

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Water views	this home 0 · comparable 1	−$205,074
Street	this home 0.065 · comparable 0.15	−$139,400
Land size	this home 800 m² · comparable 629 m²	+$75,240
Bedrooms	this home 5 · comparable 4	+$73,602
Storeys	this home 1 · comparable 2	−$40,000
Year built	this home 1990 · comparable 1996	−$31,286
Floor area	this home 226 m² · comparable 212.39 m²	+$26,970
Pool	this home 0 · comparable 1	−$19,878
Micro-location	this home 0.0406 · comparable 0.0526	−$19,680
Distance to beach	this home 3.28 km · comparable 3.22 km	−$2,214
Net adjustment		−$281,720

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

18 Massachusetts Court

Sold 9 July 2026 · 0.59 km away

Sold for

$1,450,000

Adjusted to this home

$1,688,602

What we added and subtracted to make this sale comparable to 31 Silvabank Drive
Floor area	this home 226 m² · comparable 137 m²	+$176,362
Land size	this home 800 m² · comparable 630 m²	+$74,800
Bedrooms	this home 5 · comparable 4	+$73,602
Year built	this home 1990 · comparable 1997	−$36,501
Micro-location	this home 0.0406 · comparable 0.0654	−$28,768
Pool	this home 0 · comparable 1	−$19,878
Distance to beach	this home 3.28 km · comparable 3.09 km	−$4,959
Street	this home 0.065 · comparable 0.0616	+$3,944
Net adjustment		+$238,602

A further 10 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 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 31 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)

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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 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

15 Southlake Drive

288 Christine Avenue

6 Massachusetts Court

45 Warbler Parade

1 Thornleigh Crescent

21 Washington Court

18 Massachusetts Court

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