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.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.69 km away

Sold for

$1,590,000

Adjusted to this home

$1,563,741

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Floor area	this home 310 m² · comparable 241.24 m²	+$83,117
Car spaces	this home 4 · comparable 2	+$71,158
Storeys	this home 1 · comparable 2	−$67,979
Bedrooms	this home 4 · comparable 5	−$67,273
Micro-location	this home 0.1127 · comparable 0.15	−$47,446
Cladding	this home 2 · comparable 3	−$14,264
Year built	this home 2006 · comparable 2003	+$13,834
Bathrooms	this home 3 · comparable 2	+$12,494
Distance to beach	this home 4.96 km · comparable 4.43 km	−$11,124
Land size	this home 755 m² · comparable 449 m²	+$1,224
Net adjustment		−$26,259

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

95 Bayswater Ave

Sold 7 March 2026 · 1.01 km away

Sold for

$1,682,500

Adjusted to this home

$1,623,497

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Car spaces	this home 4 · comparable 2	+$71,158
Storeys	this home 1 · comparable 2	−$67,979
Bedrooms	this home 4 · comparable 5	−$67,273
Floor area	this home 310 m² · comparable 294.19 m²	+$19,111
Cladding	this home 2 · comparable 3	−$14,264
Year built	this home 2006 · comparable 2003	+$13,834
Distance to beach	this home 4.96 km · comparable 4.5 km	−$10,216
Micro-location	this home 0.1127 · comparable 0.116	−$4,442
Land size	this home 755 m² · comparable 488 m²	+$1,068
Net adjustment		−$59,003

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

22 Elizabeth Crescent

Sold 16 February 2026 · 1.22 km away

Sold for

$1,570,000

Adjusted to this home

$1,668,366

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Street	this home 0.0379 · comparable 0.15	−$140,798
Floor area	this home 310 m² · comparable 199 m²	+$134,177
Car spaces	this home 4 · comparable 2	+$71,158
Micro-location	this home 0.1127 · comparable 0.0807	+$40,192
Year built	this home 2006 · comparable 2010	−$18,445
Distance to beach	this home 4.96 km · comparable 4.17 km	−$16,372
Cladding	this home 2 · comparable 1	+$14,264
Bathrooms	this home 3 · comparable 2	+$12,494
Land size	this home 755 m² · comparable 331 m²	+$1,696
Net adjustment		+$98,366

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

3 Port Peyra Crescent

Sold 4 June 2026 · 0.52 km away

Sold for

$1,950,000

Adjusted to this home

$1,768,911

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Street	this home 0.0379 · comparable 0.15	−$174,876
Floor area	this home 310 m² · comparable 233.19 m²	+$92,848
Car spaces	this home 4 · comparable 2	+$71,158
Storeys	this home 1 · comparable 2	−$67,979
Bedrooms	this home 4 · comparable 5	−$67,273
Micro-location	this home 0.1127 · comparable 0.1346	−$34,164
Cladding	this home 2 · comparable 3	−$14,264
Bathrooms	this home 3 · comparable 2	+$12,494
Year built	this home 2006 · comparable 2004	+$9,222
Distance to beach	this home 4.96 km · comparable 4.65 km	−$7,979
Land size	this home 755 m² · comparable 824 m²	−$276
Net adjustment		−$181,089

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

40 Gerona Circuit

Sold 26 May 2026 · 0.44 km away

Sold for

$1,410,000

Adjusted to this home

$1,648,495

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Floor area	this home 310 m² · comparable 188 m²	+$147,474
Car spaces	this home 4 · comparable 2	+$71,158
Micro-location	this home 0.1127 · comparable 0.0943	+$20,755
Street	this home 0.0379 · comparable 0.0518	−$15,679
Cladding	this home 2 · comparable 3	−$14,264
Year built	this home 2006 · comparable 2003	+$13,834
Bathrooms	this home 3 · comparable 2	+$12,494
Land size	this home 755 m² · comparable 400 m²	+$1,420
Distance to beach	this home 4.96 km · comparable 5.03 km	+$1,303
Net adjustment		+$238,495

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

28 Meridien Avenue

Sold 19 February 2026 · 0.38 km away

Sold for

$1,820,000

Adjusted to this home

$1,597,117

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Street	this home 0.0379 · comparable 0.15	−$163,218
Micro-location	this home 0.1127 · comparable 0.15	−$54,309
Cladding	this home 2 · comparable 3	−$14,264
Bathrooms	this home 3 · comparable 2	+$12,494
Distance to beach	this home 4.96 km · comparable 4.61 km	−$8,408
Year built	this home 2006 · comparable 2005	+$4,611
Land size	this home 755 m² · comparable 400 m²	+$1,420
Floor area	this home 310 m² · comparable 311 m²	−$1,209
Net adjustment		−$222,883

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

5 Palma Crescent

Sold 27 March 2026 · 0.38 km away

Sold for

$1,395,000

Adjusted to this home

$1,555,894

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Floor area	this home 310 m² · comparable 172.46 m²	+$166,258
Water views	this home 0 · comparable 1	−$119,122
Car spaces	this home 4 · comparable 2	+$71,158
Micro-location	this home 0.1127 · comparable 0.0871	+$28,570
Cladding	this home 2 · comparable 3	−$14,264
Year built	this home 2006 · comparable 2003	+$13,834
Bathrooms	this home 3 · comparable 2	+$12,494
Distance to beach	this home 4.96 km · comparable 5.1 km	+$2,578
Street	this home 0.0379 · comparable 0.0399	−$2,232
Land size	this home 755 m² · comparable 350 m²	+$1,620
Net adjustment		+$160,894

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

73 Azzurra Drive

Sold 10 February 2026 · 0.67 km away

Sold for

$1,730,000

Adjusted to this home

$1,580,410

What we added and subtracted to make this sale comparable to 48 Castello Circuit
Street	this home 0.0379 · comparable 0.15	−$155,146
Floor area	this home 310 m² · comparable 201.57 m²	+$131,070
Car spaces	this home 4 · comparable 2	+$71,158
Storeys	this home 1 · comparable 2	−$67,979
Bedrooms	this home 4 · comparable 5	−$67,273
Micro-location	this home 0.1127 · comparable 0.15	−$51,623
Cladding	this home 2 · comparable 3	−$14,264
Distance to beach	this home 4.96 km · comparable 4.35 km	−$13,930
Bathrooms	this home 3 · comparable 2	+$12,494
Year built	this home 2006 · comparable 2005	+$4,611
Land size	this home 755 m² · comparable 432 m²	+$1,292
Net adjustment		−$149,590

A further 6 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 48 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 48 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

19 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 →

48 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

13 Saint Paul Crescent

95 Bayswater Ave

22 Elizabeth Crescent

3 Port Peyra Crescent

40 Gerona Circuit

28 Meridien Avenue

5 Palma Crescent

73 Azzurra Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 48 Castello Circuit sit?