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.

11 Grenada Court

Sold 12 June 2026 · 0.28 km away

Sold for

$1,350,000

Adjusted to this home

$1,345,060

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Condition	this home 6 · comparable 8	−$108,000
Floor area	this home 198 m² · comparable 118.7 m²	+$73,590
Land size	this home 400 m² · comparable 295 m²	+$21,252
Bedrooms	this home 4 · comparable 3	+$20,494
Micro-location	this home 0.1135 · comparable 0.1321	−$20,088
Cladding	this home 3 · comparable 2	+$12,267
Distance to beach	this home 4.9 km · comparable 4.65 km	−$4,455
Net adjustment		−$4,940

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

41 Gerona Circuit

Sold 26 May 2026 · 0.35 km away

Sold for

$1,410,000

Adjusted to this home

$1,377,544

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Condition	this home 6 · comparable 7	−$56,400
Land size	this home 400 m² · comparable 586 m²	−$37,646
Micro-location	this home 0.1135 · comparable 0.0822	+$35,306
Floor area	this home 198 m² · comparable 174 m²	+$22,272
Distance to beach	this home 4.9 km · comparable 5.15 km	+$4,653
Year built	this home 2002 · comparable 2003	−$641
Net adjustment		−$32,456

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

16 Marciana Crescent

Sold 31 July 2026 · 0.15 km away

Sold for

$1,225,000

Adjusted to this home

$1,329,605

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Floor area	this home 198 m² · comparable 147 m²	+$47,328
Bedrooms	this home 4 · comparable 3	+$20,494
Micro-location	this home 0.1135 · comparable 0.0998	+$13,426
Cladding	this home 3 · comparable 2	+$12,267
Land size	this home 400 m² · comparable 350 m²	+$10,120
Distance to beach	this home 4.9 km · comparable 4.96 km	+$970
Net adjustment		+$104,605

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

14 Windemere Crescent

Sold 10 March 2026 · 1.13 km away

Sold for

$1,350,000

Adjusted to this home

$1,336,703

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Water views	this home 0 · comparable 1	−$120,153
Micro-location	this home 0.1135 · comparable 0.0348	+$84,996
Floor area	this home 198 m² · comparable 123.36 m²	+$69,266
Condition	this home 6 · comparable 7	−$54,000
Bedrooms	this home 4 · comparable 3	+$20,494
Distance to beach	this home 4.9 km · comparable 4.12 km	−$13,900
Net adjustment		−$13,297

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

40 Gerona Circuit

Sold 26 May 2026 · 0.32 km away

Sold for

$1,410,000

Adjusted to this home

$1,322,316

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 6 · comparable 7	−$56,400
Micro-location	this home 0.1135 · comparable 0.0943	+$21,658
Floor area	this home 198 m² · comparable 188 m²	+$9,280
Distance to beach	this home 4.9 km · comparable 5.03 km	+$2,419
Year built	this home 2002 · comparable 2003	−$641
Net adjustment		−$87,684

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

38 Palma Crescent

Sold 9 January 2026 · 0.43 km away

Sold for

$1,350,000

Adjusted to this home

$1,360,847

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Condition	this home 6 · comparable 8	−$108,000
Floor area	this home 198 m² · comparable 147.41 m²	+$46,947
Micro-location	this home 0.1135 · comparable 0.0871	+$28,512
Land size	this home 400 m² · comparable 295 m²	+$21,252
Bedrooms	this home 4 · comparable 3	+$20,494
Distance to beach	this home 4.9 km · comparable 5.1 km	+$3,564
Year built	this home 2002 · comparable 2005	−$1,922
Net adjustment		+$10,847

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

39 Brier Crescent

Sold 16 May 2026 · 1.16 km away

Sold for

$1,302,000

Adjusted to this home

$1,286,792

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Condition	this home 6 · comparable 8	−$104,160
Micro-location	this home 0.1135 · comparable 0.0157	+$101,869
Land size	this home 400 m² · comparable 708 m²	−$62,339
Floor area	this home 198 m² · comparable 141 m²	+$52,896
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 3 · comparable 1	+$24,534
Bedrooms	this home 4 · comparable 3	+$20,494
Distance to beach	this home 4.9 km · comparable 4.35 km	−$9,453
Year built	this home 2002 · comparable 2013	−$7,049
Net adjustment		−$15,208

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

8 Morea Court

Sold 27 August 2026 · 1.19 km away

Sold for

$1,230,000

Adjusted to this home

$1,213,423

What we added and subtracted to make this sale comparable to 5 Kodiak Drive
Micro-location	this home 0.1135 · comparable 0.0312	+$80,983
Car spaces	this home 2 · comparable 4	−$64,000
Condition	this home 6 · comparable 7	−$49,200
Floor area	this home 198 m² · comparable 148.5 m²	+$45,936
Distance to beach	this home 4.9 km · comparable 3.93 km	−$16,162
Land size	this home 400 m² · comparable 473 m²	−$14,775
Year built	this home 2002 · comparable 2001	+$641
Net adjustment		−$16,577

A further 10 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 Kodiak 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 5 Kodiak 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

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 Kodiak Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

11 Grenada Court

41 Gerona Circuit

16 Marciana Crescent

14 Windemere Crescent

40 Gerona Circuit

38 Palma Crescent

39 Brier Crescent

8 Morea Court

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