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.

6 Massachusetts Court

Sold 17 August 2026 · 0.70 km away

Sold for

$1,800,000

Adjusted to this home

$1,690,528

What we added and subtracted to make this sale comparable to 33 Silvabank Drive
Water views	this home 0 · comparable 1	−$205,074
Land size	this home 921 m² · comparable 691 m²	+$101,200
Bedrooms	this home 5 · comparable 4	+$73,602
Floor area	this home 226 m² · comparable 255 m²	−$57,466
Car spaces	this home 3 · comparable 2	+$32,000
Year built	this home 1990 · comparable 1995	−$26,072
Micro-location	this home 0.0416 · comparable 0.0585	−$24,336
Air conditioning	this home 0 · comparable 1	−$20,000
Pool	this home 1 · comparable 0	+$19,878
Distance to beach	this home 3.3 km · comparable 3.05 km	−$8,100
Street	this home 0.065 · comparable 0.0616	+$4,896
Net adjustment		−$109,472

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

21 Washington Court

Sold 17 June 2026 · 0.80 km away

Sold for

$2,050,000

Adjusted to this home

$1,874,300

What we added and subtracted to make this sale comparable to 33 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 921 m² · comparable 629 m²	+$128,480
Bedrooms	this home 5 · comparable 4	+$73,602
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 3 · comparable 2	+$32,000
Year built	this home 1990 · comparable 1996	−$31,286
Floor area	this home 226 m² · comparable 212.39 m²	+$26,970
Micro-location	this home 0.0416 · comparable 0.0526	−$18,040
Distance to beach	this home 3.3 km · comparable 3.22 km	−$2,952
Net adjustment		−$175,700

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

15 Southlake Drive

Sold 9 September 2026 · 0.26 km away

Sold for

$1,430,000

Adjusted to this home

$1,673,052

What we added and subtracted to make this sale comparable to 33 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 921 m² · comparable 591 m²	+$145,200
Bedrooms	this home 5 · comparable 4	+$73,602
Car spaces	this home 3 · comparable 2	+$32,000
Pool	this home 1 · comparable 0	+$19,878
Year built	this home 1990 · comparable 1993	−$15,643
Street	this home 0.065 · comparable 0.0515	+$15,444
Distance to beach	this home 3.3 km · comparable 3.52 km	+$5,663
Micro-location	this home 0.0416 · comparable 0.0385	+$3,546
Net adjustment		+$243,052

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

4 Barbie Avenue

Sold 5 August 2026 · 0.73 km away

Sold for

$1,515,000

Adjusted to this home

$1,792,125

What we added and subtracted to make this sale comparable to 33 Silvabank Drive
Land size	this home 921 m² · comparable 570 m²	+$154,440
Floor area	this home 226 m² · comparable 151 m²	+$148,620
Bedrooms	this home 5 · comparable 4	+$73,602
Year built	this home 1990 · comparable 1999	−$46,930
Car spaces	this home 3 · comparable 4	−$32,000
Cladding	this home 3 · comparable 4	−$20,000
Micro-location	this home 0.0416 · comparable 0.0574	−$19,150
Distance to beach	this home 3.3 km · comparable 3.98 km	+$18,543
Net adjustment		+$277,125

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

288 Christine Avenue

Sold 13 August 2026 · 0.46 km away

Sold for

$1,420,000

Adjusted to this home

$1,643,541

What we added and subtracted to make this sale comparable to 33 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 921 m² · comparable 729 m²	+$84,480
Car spaces	this home 3 · comparable 2	+$32,000
Street	this home 0.065 · comparable 0.0431	+$24,878
Year built	this home 1990 · comparable 1994	−$20,858
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$19,878
Micro-location	this home 0.0416 · comparable 0.0586	−$19,312
Distance to beach	this home 3.3 km · comparable 3.17 km	−$3,322
Net adjustment		+$223,541

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

8 Cumberland Drive

Sold 3 June 2026 · 0.25 km away

Sold for

$1,415,000

Adjusted to this home

$1,758,779

What we added and subtracted to make this sale comparable to 33 Silvabank Drive
Bedrooms	this home 5 · comparable 3	+$117,482
Floor area	this home 226 m² · comparable 167.88 m²	+$91,916
Land size	this home 921 m² · comparable 703 m²	+$76,553
Car spaces	this home 3 · comparable 2	+$25,539
Cladding	this home 3 · comparable 2	+$15,962
Pool	this home 1 · comparable 0	+$15,865
Year built	this home 1990 · comparable 1992	−$8,323
Street	this home 0.065 · comparable 0.0563	+$7,859
Distance to beach	this home 3.3 km · comparable 3.55 km	+$5,082
Micro-location	this home 0.0416 · comparable 0.0462	−$4,156
Net adjustment		+$343,779

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

31 Roundelay Drive

Sold 30 July 2026 · 0.64 km away

Sold for

$1,380,000

Adjusted to this home

$1,758,977

What we added and subtracted to make this sale comparable to 33 Silvabank Drive
Land size	this home 921 m² · comparable 420 m²	+$137,170
Floor area	this home 226 m² · comparable 151.3 m²	+$92,110
Street	this home 0.065 · comparable -0.023	+$60,454
Bedrooms	this home 5 · comparable 4	+$45,799
Car spaces	this home 3 · comparable 2	+$19,912
Year built	this home 1990 · comparable 1994	−$12,978
Cladding	this home 3 · comparable 2	+$12,445
Pool	this home 1 · comparable 0	+$12,370
Micro-location	this home 0.0416 · comparable 0.0311	+$7,213
Distance to beach	this home 3.3 km · comparable 3.59 km	+$4,482
Net adjustment		+$378,977

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.64 km away

Sold for

$1,400,000

Adjusted to this home

$1,788,443

What we added and subtracted to make this sale comparable to 33 Silvabank Drive
Land size	this home 921 m² · comparable 405 m²	+$145,174
Floor area	this home 226 m² · comparable 145 m²	+$102,634
Bedrooms	this home 5 · comparable 3	+$94,126
Car spaces	this home 3 · comparable 2	+$20,462
Street	this home 0.065 · comparable 0.0386	+$18,906
Year built	this home 1990 · comparable 1995	−$16,671
Micro-location	this home 0.0416 · comparable 0.0223	+$13,822
Distance to beach	this home 3.3 km · comparable 3.92 km	+$9,990
Net adjustment		+$388,443

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 33 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 33 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 →

33 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

6 Massachusetts Court

21 Washington Court

15 Southlake Drive

4 Barbie Avenue

288 Christine Avenue

8 Cumberland Drive

31 Roundelay Drive

9 Gainsborough Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 33 Silvabank Drive sit?