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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.42 km away

Sold for

$1,400,000

Adjusted to this home

$1,385,538

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Floor area	this home 109 m² · comparable 145 m²	−$72,864
Street	this home 0.065 · comparable 0.0386	+$29,568
Micro-location	this home 0.043 · comparable 0.0223	+$23,184
Distance to beach	this home 3.5 km · comparable 3.92 km	+$10,584
Year built	this home 1992 · comparable 1995	−$6,612
Land size	this home 414 m² · comparable 405 m²	+$1,678
Net adjustment		−$14,462

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

28 Pristine Court

Sold 8 October 2026 · 0.92 km away

Sold for

$1,170,000

Adjusted to this home

$1,203,126

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Street	this home 0.065 · comparable -0.0146	+$74,506
Floor area	this home 109 m² · comparable 141.71 m²	−$66,205
Cladding	this home 3 · comparable 2	+$22,358
Micro-location	this home 0.043 · comparable 0.0342	+$8,237
Year built	this home 1992 · comparable 1995	−$6,612
Distance to beach	this home 3.5 km · comparable 3.54 km	+$842
Net adjustment		+$33,126

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

3 Dorothy Place

Sold 27 March 2026 · 0.56 km away

Sold for

$1,300,000

Adjusted to this home

$1,276,996

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Floor area	this home 109 m² · comparable 129.58 m²	−$41,654
Cladding	this home 3 · comparable 2	+$22,358
Distance to beach	this home 3.5 km · comparable 3.81 km	+$7,254
Year built	this home 1992 · comparable 1995	−$6,612
Micro-location	this home 0.043 · comparable 0.0479	−$5,096
Land size	this home 414 m² · comparable 410 m²	+$746
Net adjustment		−$23,004

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

3 Massachusetts Court

Sold 22 July 2026 · 0.94 km away

Sold for

$1,400,000

Adjusted to this home

$1,282,658

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Bedrooms	this home 3 · comparable 4	−$86,764
Floor area	this home 109 m² · comparable 120.1 m²	−$22,466
Cladding	this home 3 · comparable 2	+$22,358
Micro-location	this home 0.043 · comparable 0.0574	−$16,128
Distance to beach	this home 3.5 km · comparable 3.1 km	−$10,080
Year built	this home 1992 · comparable 1996	−$8,816
Street	this home 0.065 · comparable 0.0616	+$3,808
Land size	this home 414 m² · comparable 410 m²	+$746
Net adjustment		−$117,342

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

8 Cumberland Drive

Sold 3 June 2026 · 0.13 km away

Sold for

$1,415,000

Adjusted to this home

$1,335,815

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Floor area	this home 109 m² · comparable 167.88 m²	−$119,173
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 414 m² · comparable 703 m²	−$53,870
Cladding	this home 3 · comparable 2	+$22,358
Street	this home 0.065 · comparable 0.0563	+$9,848
Micro-location	this home 0.043 · comparable 0.0462	−$3,622
Distance to beach	this home 3.5 km · comparable 3.55 km	+$1,274
Net adjustment		−$79,185

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

31 Roundelay Drive

Sold 30 July 2026 · 0.75 km away

Sold for

$1,380,000

Adjusted to this home

$1,400,978

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Street	this home 0.065 · comparable -0.023	+$97,152
Bedrooms	this home 3 · comparable 4	−$86,764
Floor area	this home 109 m² · comparable 151.3 m²	−$85,615
Pool	this home 1 · comparable 0	+$64,000
Cladding	this home 3 · comparable 2	+$22,358
Micro-location	this home 0.043 · comparable 0.0311	+$13,138
Year built	this home 1992 · comparable 1994	−$4,408
Distance to beach	this home 3.5 km · comparable 3.59 km	+$2,235
Land size	this home 414 m² · comparable 420 m²	−$1,118
Net adjustment		+$20,978

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

4 Pascali Court

Sold 5 August 2026 · 0.86 km away

Sold for

$1,150,000

Adjusted to this home

$1,256,067

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Street	this home 0.065 · comparable -0.0364	+$93,288
Floor area	this home 109 m² · comparable 125.33 m²	−$33,052
Micro-location	this home 0.043 · comparable 0.0123	+$28,244
Cladding	this home 3 · comparable 2	+$22,358
Year built	this home 1992 · comparable 1995	−$6,612
Distance to beach	this home 3.5 km · comparable 3.67 km	+$3,519
Land size	this home 414 m² · comparable 423 m²	−$1,678
Net adjustment		+$106,067

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

39 Brier Crescent

Sold 16 May 2026 · 0.96 km away

Sold for

$1,302,000

Adjusted to this home

$1,350,173

What we added and subtracted to make this sale comparable to 50 Silvabank Drive
Street	this home 0.065 · comparable -0.0225	+$91,140
Floor area	this home 109 m² · comparable 141 m²	−$64,768
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 414 m² · comparable 708 m²	−$54,802
Year built	this home 1992 · comparable 2013	−$46,284
Cladding	this home 3 · comparable 1	+$44,717
Car spaces	this home 2 · comparable 3	−$32,000
Micro-location	this home 0.043 · comparable 0.0157	+$28,436
Distance to beach	this home 3.5 km · comparable 4.35 km	+$17,734
Net adjustment		+$48,173

A further 9 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 50 Silvabank 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 50 Silvabank 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

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 →

50 Silvabank Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

9 Gainsborough Drive

28 Pristine Court

3 Dorothy Place

3 Massachusetts Court

8 Cumberland Drive

31 Roundelay Drive

4 Pascali Court

39 Brier Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 50 Silvabank Drive sit?