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.

3 Massachusetts Court

Sold 22 July 2026 · 0.36 km away

Sold for

$1,400,000

Adjusted to this home

$1,386,657

What we added and subtracted to make this sale comparable to 5 Illinois Court
Pool	this home 0 · comparable 1	−$111,546
Floor area	this home 170 m² · comparable 120.1 m²	+$82,834
Bathrooms	this home 3 · comparable 2	+$68,628
Condition	this home 6 · comparable 7	−$56,000
Micro-location	this home 0.0334 · comparable 0.0574	−$26,880
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 453 m² · comparable 410 m²	+$15,893
Distance to beach	this home 3.46 km · comparable 3.1 km	−$9,072
Year built	this home 1997 · comparable 1996	+$2,800
Net adjustment		−$13,343

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

31 Roundelay Drive

Sold 30 July 2026 · 0.24 km away

Sold for

$1,380,000

Adjusted to this home

$1,415,635

What we added and subtracted to make this sale comparable to 5 Illinois Court
Condition	this home 6 · comparable 8	−$110,400
Bathrooms	this home 3 · comparable 2	+$68,628
Floor area	this home 170 m² · comparable 151.3 m²	+$31,042
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 453 m² · comparable 420 m²	+$12,197
Year built	this home 1997 · comparable 1994	+$8,400
Distance to beach	this home 3.46 km · comparable 3.59 km	+$3,229
Micro-location	this home 0.0334 · comparable 0.0311	+$2,539
Net adjustment		+$35,635

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

14 Windemere Crescent

Sold 10 March 2026 · 0.82 km away

Sold for

$1,350,000

Adjusted to this home

$1,346,406

What we added and subtracted to make this sale comparable to 5 Illinois Court
Water views	this home 0 · comparable 1	−$144,861
Floor area	this home 170 m² · comparable 123.36 m²	+$77,422
Bathrooms	this home 3 · comparable 2	+$68,628
Condition	this home 6 · comparable 7	−$54,000
Bedrooms	this home 4 · comparable 3	+$29,880
Land size	this home 453 m² · comparable 400 m²	+$19,589
Distance to beach	this home 3.46 km · comparable 4.12 km	+$15,260
Year built	this home 1997 · comparable 2002	−$14,000
Micro-location	this home 0.0334 · comparable 0.0348	−$1,512
Net adjustment		−$3,594

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

8 Morea Court

Sold 27 August 2026 · 0.60 km away

Sold for

$1,230,000

Adjusted to this home

$1,257,372

What we added and subtracted to make this sale comparable to 5 Illinois Court
Bathrooms	this home 3 · comparable 2	+$68,628
Condition	this home 6 · comparable 7	−$49,200
Floor area	this home 170 m² · comparable 148.5 m²	+$35,690
Car spaces	this home 2 · comparable 4	−$21,725
Year built	this home 1997 · comparable 2001	−$11,200
Distance to beach	this home 3.46 km · comparable 3.93 km	+$10,406
Land size	this home 453 m² · comparable 473 m²	−$7,392
Micro-location	this home 0.0334 · comparable 0.0312	+$2,165
Net adjustment		+$27,372

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

28 Pristine Court

Sold 8 October 2026 · 0.09 km away

Sold for

$1,170,000

Adjusted to this home

$1,198,074

What we added and subtracted to make this sale comparable to 5 Illinois Court
Pool	this home 0 · comparable 1	−$111,546
Bathrooms	this home 3 · comparable 2	+$68,628
Floor area	this home 170 m² · comparable 141.71 m²	+$46,962
Condition	this home 6 · comparable 7	−$46,800
Bedrooms	this home 4 · comparable 3	+$29,880
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 453 m² · comparable 414 m²	+$14,414
Year built	this home 1997 · comparable 1995	+$5,600
Distance to beach	this home 3.46 km · comparable 3.54 km	+$1,685
Micro-location	this home 0.0334 · comparable 0.0342	−$749
Net adjustment		+$28,074

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

16 Stanford Avenue

Sold 25 September 2026 · 0.64 km away

Sold for

$1,185,000

Adjusted to this home

$1,238,263

What we added and subtracted to make this sale comparable to 5 Illinois Court
Bathrooms	this home 3 · comparable 2	+$68,628
Condition	this home 6 · comparable 7	−$47,400
Micro-location	this home 0.0334 · comparable 0.0704	−$35,076
Floor area	this home 170 m² · comparable 149.41 m²	+$34,179
Bedrooms	this home 4 · comparable 3	+$29,880
Land size	this home 453 m² · comparable 420 m²	+$12,197
Distance to beach	this home 3.46 km · comparable 2.9 km	−$11,945
Year built	this home 1997 · comparable 1996	+$2,800
Net adjustment		+$53,263

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

18 Massachusetts Court

Sold 9 July 2026 · 0.40 km away

Sold for

$1,450,000

Adjusted to this home

$1,349,666

What we added and subtracted to make this sale comparable to 5 Illinois Court
Pool	this home 0 · comparable 1	−$111,546
Bathrooms	this home 3 · comparable 2	+$68,628
Land size	this home 453 m² · comparable 630 m²	−$65,419
Floor area	this home 170 m² · comparable 137 m²	+$54,780
Micro-location	this home 0.0334 · comparable 0.0654	−$37,120
Distance to beach	this home 3.46 km · comparable 3.09 km	−$9,657
Net adjustment		−$100,334

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

4 Pascali Court

Sold 5 August 2026 · 0.24 km away

Sold for

$1,150,000

Adjusted to this home

$1,271,561

What we added and subtracted to make this sale comparable to 5 Illinois Court
Pool	this home 0 · comparable 1	−$111,546
Floor area	this home 170 m² · comparable 125.33 m²	+$74,152
Bathrooms	this home 3 · comparable 2	+$68,628
Bedrooms	this home 4 · comparable 3	+$29,880
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0334 · comparable 0.0123	+$19,412
Land size	this home 453 m² · comparable 423 m²	+$11,088
Year built	this home 1997 · comparable 1995	+$5,600
Distance to beach	this home 3.46 km · comparable 3.67 km	+$4,347
Net adjustment		+$121,561

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 5 Illinois Court 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 5 Illinois Court 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

14 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 →

5 Illinois Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

31 Roundelay Drive

14 Windemere Crescent

8 Morea Court

28 Pristine Court

16 Stanford Avenue

18 Massachusetts Court

4 Pascali Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 5 Illinois Court sit?