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 Kodiak Drive

Sold 24 August 2026 · 0.64 km away

Sold for

$1,820,000

Used as-is for this home

$1,820,000

What our rates measured between this sale and 5 Meridien Avenue — not applied to its price
Bedrooms	this home 5 · comparable 4	+$77,430measured, not applied
Land size	this home 486 m² · comparable 640 m²	−$67,760measured, not applied
Car spaces	this home 4 · comparable 3	+$47,957measured, not applied
Storeys	this home 1 · comparable 2	−$40,000measured, not applied
Micro-location	this home 0.15 · comparable 0.1255	+$35,672measured, not applied
Floor area	this home 226 m² · comparable 202.99 m²	+$25,017measured, not applied
Bathrooms	this home 2 · comparable 3	−$19,438measured, not applied
Distance to beach	this home 4.45 km · comparable 4.84 km	+$9,370measured, not applied
Year built	this home 2006 · comparable 2003	+$8,400measured, not applied
Net adjustment	Not applied — for prestige homes we use this sale's price as-is, because our adjustment rates are measured on standard homes.

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

73 Azzurra Drive

Sold 10 February 2026 · 0.13 km away

Sold for

$1,730,000

Used as-is for this home

$1,730,000

What our rates measured between this sale and 5 Meridien Avenue — not applied to its price
Car spaces	this home 4 · comparable 2	+$95,914measured, not applied
Storeys	this home 1 · comparable 2	−$40,000measured, not applied
Floor area	this home 226 m² · comparable 201.57 m²	+$26,560measured, not applied
Land size	this home 486 m² · comparable 432 m²	+$23,760measured, not applied
Year built	this home 2006 · comparable 2005	+$2,800measured, not applied
Distance to beach	this home 4.45 km · comparable 4.35 km	−$2,284measured, not applied
Net adjustment	Not applied — for prestige homes we use this sale's price as-is, because our adjustment rates are measured on standard homes.

A further 12 factors were compared and found the same on both properties, so no money moved.

2 Port Peyra Crescent

Sold 15 December 2025 · 0.31 km away

Sold for

$1,936,000

Used as-is for this home

$1,936,000

What our rates measured between this sale and 5 Meridien Avenue — not applied to its price
Land size	this home 486 m² · comparable 657 m²	−$75,240measured, not applied
Floor area	this home 226 m² · comparable 279.32 m²	−$57,970measured, not applied
Micro-location	this home 0.15 · comparable 0.1185	+$48,787measured, not applied
Car spaces	this home 4 · comparable 3	+$47,957measured, not applied
Storeys	this home 1 · comparable 2	−$40,000measured, not applied
Bathrooms	this home 2 · comparable 3	−$19,438measured, not applied
Cladding	this home 3 · comparable 2	+$7,528measured, not applied
Distance to beach	this home 4.45 km · comparable 4.71 km	+$6,644measured, not applied
Year built	this home 2006 · comparable 2007	−$2,800measured, not applied
Net adjustment	Not applied — for prestige homes we use this sale's price as-is, because our adjustment rates are measured on standard homes.

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

36 Meridien Avenue

Sold 3 November 2025 · 0.14 km away

Sold for

$1,775,000

Used as-is for this home

$1,775,000

What our rates measured between this sale and 5 Meridien Avenue — not applied to its price
Car spaces	this home 4 · comparable 2	+$95,914measured, not applied
Storeys	this home 1 · comparable 2	−$40,000measured, not applied
Land size	this home 486 m² · comparable 400 m²	+$37,840measured, not applied
Distance to beach	this home 4.45 km · comparable 4.59 km	+$3,280measured, not applied
Year built	this home 2006 · comparable 2005	+$2,800measured, not applied
Floor area	this home 226 m² · comparable 228.49 m²	−$2,707measured, not applied
Net adjustment	Not applied — for prestige homes we use this sale's price as-is, because our adjustment rates are measured on standard homes.

A further 12 factors were compared and found the same on both properties, so no money moved.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.23 km away

Sold for

$1,590,000

Adjusted to this home

$1,727,604

What we added and subtracted to make this sale comparable to 5 Meridien Avenue
Car spaces	this home 4 · comparable 2	+$95,914
Pool	this home 1 · comparable 0	+$73,999
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 226 m² · comparable 241.24 m²	−$16,569
Land size	this home 486 m² · comparable 449 m²	+$16,280
Year built	this home 2006 · comparable 2003	+$8,400
Distance to beach	this home 4.45 km · comparable 4.43 km	−$420
Net adjustment		+$137,604

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

95 Bayswater Ave

Sold 7 March 2026 · 0.66 km away

Sold for

$1,682,500

Adjusted to this home

$1,773,233

What we added and subtracted to make this sale comparable to 5 Meridien Avenue
Car spaces	this home 4 · comparable 2	+$95,914
Floor area	this home 226 m² · comparable 294.19 m²	−$74,136
Pool	this home 1 · comparable 0	+$73,999
Micro-location	this home 0.15 · comparable 0.116	+$45,764
Storeys	this home 1 · comparable 2	−$40,000
Bathrooms	this home 2 · comparable 3	−$19,438
Year built	this home 2006 · comparable 2003	+$8,400
Distance to beach	this home 4.45 km · comparable 4.5 km	+$1,110
Land size	this home 486 m² · comparable 488 m²	−$880
Net adjustment		+$90,733

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

4 Barbie Avenue

Sold 5 August 2026 · 0.47 km away

Sold for

$1,515,000

Adjusted to this home

$1,751,768

What we added and subtracted to make this sale comparable to 5 Meridien Avenue
Micro-location	this home 0.15 · comparable 0.0574	+$112,231
Floor area	this home 226 m² · comparable 151 m²	+$81,540
Bedrooms	this home 5 · comparable 4	+$77,430
Land size	this home 486 m² · comparable 570 m²	−$36,960
Year built	this home 2006 · comparable 1999	+$19,600
Distance to beach	this home 4.45 km · comparable 3.98 km	−$9,545
Cladding	this home 3 · comparable 4	−$7,528
Net adjustment		+$236,768

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

28 Meridien Avenue

Sold 19 February 2026 · 0.17 km away

Sold for

$1,820,000

Adjusted to this home

$1,958,702

What we added and subtracted to make this sale comparable to 5 Meridien Avenue
Condition	this home 9 · comparable 8	+$109,200
Floor area	this home 226 m² · comparable 311 m²	−$92,412
Bedrooms	this home 5 · comparable 4	+$77,430
Land size	this home 486 m² · comparable 400 m²	+$37,840
Distance to beach	this home 4.45 km · comparable 4.61 km	+$3,844
Year built	this home 2006 · comparable 2005	+$2,800
Net adjustment		+$138,702

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 5 Meridien Avenue 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 Meridien Avenue 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.

See houses for sale in Varsity Lakes →See the Varsity Lakes property market →

5 Meridien Avenue

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

13 Kodiak Drive

73 Azzurra Drive

2 Port Peyra Crescent

36 Meridien Avenue

13 Saint Paul Crescent

95 Bayswater Ave

4 Barbie Avenue

28 Meridien Avenue

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