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 · 0.93 km away

Sold for

$1,515,000

Adjusted to this home

$1,437,781

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Bedrooms	this home 3 · comparable 4	−$85,238
Car spaces	this home 2 · comparable 4	−$83,827
Micro-location	this home 0.1232 · comparable 0.0574	+$79,750
Year built	this home 2005 · comparable 1999	+$26,002
Distance to beach	this home 4.88 km · comparable 3.98 km	−$18,144
Floor area	this home 177 m² · comparable 151 m²	+$17,846
Cladding	this home 3 · comparable 4	−$16,520
Land size	this home 640 m² · comparable 570 m²	+$2,912
Net adjustment		−$77,219

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

41 Gerona Circuit

Sold 26 May 2026 · 0.58 km away

Sold for

$1,410,000

Adjusted to this home

$1,462,406

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Pool	this home 1 · comparable 0	+$89,077
Bedrooms	this home 3 · comparable 4	−$85,238
Micro-location	this home 0.1232 · comparable 0.0822	+$46,248
Street	this home 0.0379 · comparable 0.0518	−$15,679
Year built	this home 2005 · comparable 2003	+$8,667
Distance to beach	this home 4.88 km · comparable 5.15 km	+$5,026
Land size	this home 640 m² · comparable 586 m²	+$2,246
Floor area	this home 177 m² · comparable 174 m²	+$2,059
Net adjustment		+$52,406

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

40 Gerona Circuit

Sold 26 May 2026 · 0.48 km away

Sold for

$1,410,000

Adjusted to this home

$1,355,575

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Bedrooms	this home 3 · comparable 4	−$85,238
Micro-location	this home 0.1232 · comparable 0.0943	+$32,599
Street	this home 0.0379 · comparable 0.0518	−$15,679
Land size	this home 640 m² · comparable 400 m²	+$9,984
Year built	this home 2005 · comparable 2003	+$8,667
Floor area	this home 177 m² · comparable 188 m²	−$7,550
Distance to beach	this home 4.88 km · comparable 5.03 km	+$2,792
Net adjustment		−$54,425

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

5 Palma Crescent

Sold 27 March 2026 · 0.44 km away

Sold for

$1,395,000

Adjusted to this home

$1,348,326

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Water views	this home 0 · comparable 1	−$116,467
Pool	this home 1 · comparable 0	+$89,077
Bedrooms	this home 3 · comparable 4	−$85,238
Micro-location	this home 0.1232 · comparable 0.0871	+$40,288
Land size	this home 640 m² · comparable 350 m²	+$12,064
Year built	this home 2005 · comparable 2003	+$8,667
Distance to beach	this home 4.88 km · comparable 5.1 km	+$4,051
Floor area	this home 177 m² · comparable 172.46 m²	+$3,116
Street	this home 0.0379 · comparable 0.0399	−$2,232
Net adjustment		−$46,674

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

3 Avellino Drive

Sold 19 January 2026 · 0.94 km away

Sold for

$1,350,000

Adjusted to this home

$1,355,854

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Pool	this home 1 · comparable 0	+$89,077
Bedrooms	this home 3 · comparable 4	−$85,238
Micro-location	this home 0.1232 · comparable 0.1354	−$13,176
Year built	this home 2005 · comparable 2002	+$13,001
Land size	this home 640 m² · comparable 350 m²	+$12,064
Distance to beach	this home 4.88 km · comparable 4.48 km	−$7,128
Floor area	this home 177 m² · comparable 181 m²	−$2,746
Net adjustment		+$5,854

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

8 Mauritius Court

Sold 5 January 2026 · 0.71 km away

Sold for

$1,338,000

Adjusted to this home

$1,399,487

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Pool	this home 1 · comparable 0	+$89,077
Bedrooms	this home 3 · comparable 4	−$85,238
Floor area	this home 177 m² · comparable 119.88 m²	+$39,207
Year built	this home 2005 · comparable 2002	+$13,001
Land size	this home 640 m² · comparable 400 m²	+$9,984
Distance to beach	this home 4.88 km · comparable 4.75 km	−$2,296
Micro-location	this home 0.1232 · comparable 0.1253	−$2,248
Net adjustment		+$61,487

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

16 Marciana Crescent

Sold 31 July 2026 · 0.61 km away

Sold for

$1,225,000

Adjusted to this home

$1,406,556

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Pool	this home 1 · comparable 0	+$89,077
Micro-location	this home 0.1232 · comparable 0.0998	+$22,932
Floor area	this home 177 m² · comparable 147 m²	+$20,592
Cladding	this home 3 · comparable 2	+$16,520
Year built	this home 2005 · comparable 2002	+$13,001
Land size	this home 640 m² · comparable 350 m²	+$12,064
Street	this home 0.0379 · comparable 0.0317	+$6,076
Distance to beach	this home 4.88 km · comparable 4.96 km	+$1,294
Net adjustment		+$181,556

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.99 km away

Sold for

$1,400,000

Adjusted to this home

$1,569,023

What we added and subtracted to make this sale comparable to 40 Castello Circuit
Micro-location	this home 0.1232 · comparable 0.0223	+$113,008
Year built	this home 2005 · comparable 1995	+$43,336
Floor area	this home 177 m² · comparable 145 m²	+$21,965
Distance to beach	this home 4.88 km · comparable 3.92 km	−$18,278
Land size	this home 640 m² · comparable 405 m²	+$9,776
Street	this home 0.0379 · comparable 0.0386	−$784
Net adjustment		+$169,023

A further 12 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 40 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 40 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.

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40 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

4 Barbie Avenue

41 Gerona Circuit

40 Gerona Circuit

5 Palma Crescent

3 Avellino Drive

8 Mauritius Court

16 Marciana Crescent

9 Gainsborough Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 40 Castello Circuit sit?