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.

40 Gerona Circuit

Sold 26 May 2026 · 0.53 km away

Sold for

$1,410,000

Adjusted to this home

$1,494,921

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Street	this home 0.15 · comparable 0.0518	+$110,770
Bedrooms	this home 3 · comparable 4	−$74,826
Pool	this home 0 · comparable 1	−$74,523
Micro-location	this home 0.15 · comparable 0.0943	+$62,830
Condition	this home 8 · comparable 7	+$56,400
Floor area	this home 158 m² · comparable 188 m²	−$32,952
Bathrooms	this home 3 · comparable 2	+$23,848
Distance to beach	this home 4.55 km · comparable 5.03 km	+$8,934
Year built	this home 2006 · comparable 2003	+$8,400
Land size	this home 391 m² · comparable 400 m²	−$3,960
Net adjustment		+$84,921

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

5 Palma Crescent

Sold 27 March 2026 · 0.57 km away

Sold for

$1,395,000

Adjusted to this home

$1,432,866

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Water views	this home 0 · comparable 1	−$124,910
Street	this home 0.15 · comparable 0.0399	+$122,872
Bedrooms	this home 3 · comparable 4	−$74,826
Micro-location	this home 0.15 · comparable 0.0871	+$70,197
Bathrooms	this home 3 · comparable 2	+$23,848
Land size	this home 391 m² · comparable 350 m²	+$18,040
Floor area	this home 158 m² · comparable 172.46 m²	−$15,883
Distance to beach	this home 4.55 km · comparable 5.1 km	+$10,128
Year built	this home 2006 · comparable 2003	+$8,400
Net adjustment		+$37,866

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

41 Gerona Circuit

Sold 26 May 2026 · 0.66 km away

Sold for

$1,410,000

Adjusted to this home

$1,518,863

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Street	this home 0.15 · comparable 0.0518	+$110,770
Land size	this home 391 m² · comparable 586 m²	−$85,800
Micro-location	this home 0.15 · comparable 0.0822	+$76,478
Bedrooms	this home 3 · comparable 4	−$74,826
Condition	this home 8 · comparable 7	+$56,400
Bathrooms	this home 3 · comparable 2	+$23,848
Floor area	this home 158 m² · comparable 174 m²	−$17,574
Distance to beach	this home 4.55 km · comparable 5.15 km	+$11,167
Year built	this home 2006 · comparable 2003	+$8,400
Net adjustment		+$108,863

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.81 km away

Sold for

$1,570,000

Adjusted to this home

$1,512,013

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Micro-location	this home 0.15 · comparable 0.0807	+$87,041
Bedrooms	this home 3 · comparable 4	−$74,826
Pool	this home 0 · comparable 1	−$74,523
Floor area	this home 158 m² · comparable 199 m²	−$45,034
Land size	this home 391 m² · comparable 331 m²	+$26,400
Bathrooms	this home 3 · comparable 2	+$23,848
Cladding	this home 3 · comparable 1	+$18,182
Year built	this home 2006 · comparable 2010	−$11,200
Distance to beach	this home 4.55 km · comparable 4.17 km	−$7,875
Net adjustment		−$57,987

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

49 Lantau Crescent

Sold 21 January 2026 · 0.64 km away

Sold for

$1,475,000

Adjusted to this home

$1,522,489

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Street	this home 0.15 · comparable -0.0071	+$185,378
Condition	this home 8 · comparable 9	−$88,500
Micro-location	this home 0.15 · comparable 0.0831	+$78,942
Bedrooms	this home 3 · comparable 4	−$74,826
Pool	this home 0 · comparable 1	−$74,523
Bathrooms	this home 3 · comparable 2	+$23,848
Floor area	this home 158 m² · comparable 176.74 m²	−$20,584
Year built	this home 2006 · comparable 2002	+$11,200
Distance to beach	this home 4.55 km · comparable 5.09 km	+$10,514
Land size	this home 391 m² · comparable 400 m²	−$3,960
Net adjustment		+$47,489

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

11 Grenada Court

Sold 12 June 2026 · 0.61 km away

Sold for

$1,350,000

Adjusted to this home

$1,500,660

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Floor area	this home 158 m² · comparable 118.7 m²	+$43,167
Land size	this home 391 m² · comparable 295 m²	+$42,240
Bathrooms	this home 3 · comparable 2	+$23,848
Micro-location	this home 0.15 · comparable 0.1321	+$19,332
Year built	this home 2006 · comparable 2002	+$11,200
Cladding	this home 3 · comparable 2	+$9,091
Distance to beach	this home 4.55 km · comparable 4.65 km	+$1,782
Net adjustment		+$150,660

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

39 Brier Crescent

Sold 16 May 2026 · 0.58 km away

Sold for

$1,302,000

Adjusted to this home

$1,472,699

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Street	this home 0.15 · comparable -0.0225	+$179,676
Micro-location	this home 0.15 · comparable 0.0157	+$139,887
Land size	this home 391 m² · comparable 708 m²	−$139,480
Car spaces	this home 2 · comparable 3	−$47,049
Bathrooms	this home 3 · comparable 2	+$23,848
Year built	this home 2006 · comparable 2013	−$19,600
Floor area	this home 158 m² · comparable 141 m²	+$18,673
Cladding	this home 3 · comparable 1	+$18,182
Distance to beach	this home 4.55 km · comparable 4.35 km	−$3,438
Net adjustment		+$170,699

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

56 Southlake Drive

Sold 21 July 2026 · 0.80 km away

Sold for

$1,660,000

Adjusted to this home

$1,665,094

What we added and subtracted to make this sale comparable to 49 Azzurra Drive
Micro-location	this home 0.15 · comparable 0.0447	+$139,838
Street	this home 0.15 · comparable 0.0515	+$130,808
Condition	this home 8 · comparable 9	−$99,600
Bedrooms	this home 3 · comparable 4	−$74,826
Pool	this home 0 · comparable 1	−$74,523
Car spaces	this home 2 · comparable 3	−$47,049
Year built	this home 2006 · comparable 1993	+$36,400
Floor area	this home 158 m² · comparable 133 m²	+$27,460
Bathrooms	this home 3 · comparable 2	+$23,848
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.55 km · comparable 3.76 km	−$19,222
Land size	this home 391 m² · comparable 432 m²	−$18,040
Net adjustment		+$5,094

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 49 Azzurra 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 49 Azzurra 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

17 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 →

49 Azzurra Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

40 Gerona Circuit

5 Palma Crescent

41 Gerona Circuit

22 Elizabeth Crescent

49 Lantau Crescent

11 Grenada Court

39 Brier Crescent

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 49 Azzurra Drive sit?