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 · 0.79 km away

Sold for

$1,800,000

Adjusted to this home

$1,836,895

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Condition	this home 9 · comparable 6	+$252,000
Water views	this home 0 · comparable 1	−$199,288
Floor area	this home 202 m² · comparable 255 m²	−$109,943
Bedrooms	this home 5 · comparable 4	+$76,989
Car spaces	this home 4 · comparable 2	+$64,000
Cladding	this home 2 · comparable 3	−$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Micro-location	this home 0.0468 · comparable 0.0585	−$16,848
Pool	this home 1 · comparable 0	+$13,682
Distance to beach	this home 3.42 km · comparable 3.05 km	−$11,988
Land size	this home 895 m² · comparable 691 m²	+$9,792
Year built	this home 1991 · comparable 1995	−$6,397
Street	this home 0.065 · comparable 0.0616	+$4,896
Net adjustment		+$36,895

A further 5 factors were compared and found the same on both properties, so no money moved.

4 Barbie Avenue

Sold 5 August 2026 · 0.63 km away

Sold for

$1,515,000

Adjusted to this home

$1,663,013

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Floor area	this home 202 m² · comparable 151 m²	+$105,794
Bedrooms	this home 5 · comparable 4	+$76,989
Cladding	this home 2 · comparable 4	−$40,000
Land size	this home 895 m² · comparable 570 m²	+$15,600
Distance to beach	this home 3.42 km · comparable 3.98 km	+$15,271
Micro-location	this home 0.0468 · comparable 0.0574	−$12,847
Year built	this home 1991 · comparable 1999	−$12,794
Net adjustment		+$148,013

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

15 Southlake Drive

Sold 9 September 2026 · 0.19 km away

Sold for

$1,430,000

Adjusted to this home

$1,673,828

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Water views	this home 0 · comparable 1	−$199,288
Condition	this home 9 · comparable 7	+$143,000
Floor area	this home 202 m² · comparable 141 m²	+$126,538
Bedrooms	this home 5 · comparable 4	+$76,989
Car spaces	this home 4 · comparable 2	+$64,000
Cladding	this home 2 · comparable 3	−$20,000
Street	this home 0.065 · comparable 0.0515	+$15,444
Land size	this home 895 m² · comparable 591 m²	+$14,592
Pool	this home 1 · comparable 0	+$13,682
Micro-location	this home 0.0468 · comparable 0.0385	+$9,495
Year built	this home 1991 · comparable 1993	−$3,198
Distance to beach	this home 3.42 km · comparable 3.52 km	+$2,574
Net adjustment		+$243,828

A further 6 factors were compared and found the same on both properties, so no money moved.

21 Washington Court

Sold 17 June 2026 · 0.86 km away

Sold for

$2,050,000

Adjusted to this home

$1,963,628

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Condition	this home 9 · comparable 7	+$205,000
Water views	this home 0 · comparable 1	−$199,288
Street	this home 0.065 · comparable 0.15	−$139,400
Bedrooms	this home 5 · comparable 4	+$76,989
Car spaces	this home 4 · comparable 2	+$64,000
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 202 m² · comparable 212.39 m²	−$21,553
Cladding	this home 2 · comparable 3	−$20,000
Land size	this home 895 m² · comparable 629 m²	+$12,768
Micro-location	this home 0.0468 · comparable 0.0526	−$9,512
Year built	this home 1991 · comparable 1996	−$7,996
Distance to beach	this home 3.42 km · comparable 3.22 km	−$7,380
Net adjustment		−$86,372

A further 6 factors were compared and found the same on both properties, so no money moved.

18 Massachusetts Court

Sold 9 July 2026 · 0.69 km away

Sold for

$1,450,000

Adjusted to this home

$1,682,705

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Floor area	this home 202 m² · comparable 137 m²	+$134,836
Bedrooms	this home 5 · comparable 4	+$76,989
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.0468 · comparable 0.0654	−$21,576
Cladding	this home 2 · comparable 3	−$20,000
Land size	this home 895 m² · comparable 630 m²	+$12,720
Year built	this home 1991 · comparable 1997	−$9,595
Distance to beach	this home 3.42 km · comparable 3.09 km	−$8,613
Street	this home 0.065 · comparable 0.0616	+$3,944
Net adjustment		+$232,705

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

288 Christine Avenue

Sold 13 August 2026 · 0.54 km away

Sold for

$1,420,000

Adjusted to this home

$1,760,033

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Water views	this home 0 · comparable 1	−$199,288
Condition	this home 9 · comparable 6	+$198,800
Bedrooms	this home 5 · comparable 3	+$153,978
Floor area	this home 202 m² · comparable 153.5 m²	+$100,608
Car spaces	this home 4 · comparable 2	+$64,000
Street	this home 0.065 · comparable 0.0431	+$24,878
Pool	this home 1 · comparable 0	+$13,682
Micro-location	this home 0.0468 · comparable 0.0586	−$13,405
Land size	this home 895 m² · comparable 729 m²	+$7,968
Distance to beach	this home 3.42 km · comparable 3.17 km	−$6,390
Year built	this home 1991 · comparable 1994	−$4,798
Net adjustment		+$340,033

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

8 Cumberland Drive

Sold 3 June 2026 · 0.12 km away

Sold for

$1,415,000

Adjusted to this home

$1,758,829

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Bedrooms	this home 5 · comparable 3	+$113,758
Condition	this home 9 · comparable 7	+$104,539
Floor area	this home 202 m² · comparable 167.88 m²	+$52,290
Car spaces	this home 4 · comparable 2	+$47,283
Pool	this home 1 · comparable 0	+$10,108
Street	this home 0.065 · comparable 0.0563	+$7,276
Land size	this home 895 m² · comparable 703 m²	+$6,809
Distance to beach	this home 3.42 km · comparable 3.55 km	+$2,446
Year built	this home 1991 · comparable 1992	−$1,182
Micro-location	this home 0.0468 · comparable 0.0462	+$502
Net adjustment		+$343,829

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

56 Southlake Drive

Sold 21 July 2026 · 0.50 km away

Sold for

$1,660,000

Adjusted to this home

$1,922,025

What we added and subtracted to make this sale comparable to 39 Silvabank Drive
Floor area	this home 202 m² · comparable 133 m²	+$143,134
Bedrooms	this home 5 · comparable 4	+$76,989
Car spaces	this home 4 · comparable 3	+$32,000
Land size	this home 895 m² · comparable 432 m²	+$22,224
Cladding	this home 2 · comparable 3	−$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Street	this home 0.065 · comparable 0.0515	+$17,928
Distance to beach	this home 3.42 km · comparable 3.76 km	+$10,159
Year built	this home 1991 · comparable 1993	−$3,198
Micro-location	this home 0.0468 · comparable 0.0447	+$2,789
Net adjustment		+$262,025

A further 8 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 39 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 39 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

18 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 →

39 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

4 Barbie Avenue

15 Southlake Drive

21 Washington Court

18 Massachusetts Court

288 Christine Avenue

8 Cumberland Drive

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 39 Silvabank Drive sit?