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 · 0.93 km away

Sold for

$1,400,000

Adjusted to this home

$1,451,049

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Land size	this home 830 m² · comparable 410 m²	+$82,656
Micro-location	this home 0.0433 · comparable 0.0574	−$15,792
Year built	this home 1992 · comparable 1996	−$12,026
Distance to beach	this home 3.54 km · comparable 3.1 km	−$11,088
Street	this home 0.065 · comparable 0.0616	+$3,808
Cladding	this home 3 · comparable 2	+$3,677
Floor area	this home 120 m² · comparable 120.1 m²	−$186
Net adjustment		+$51,049

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

18 Massachusetts Court

Sold 9 July 2026 · 0.83 km away

Sold for

$1,450,000

Adjusted to this home

$1,409,393

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Land size	this home 830 m² · comparable 630 m²	+$39,360
Floor area	this home 120 m² · comparable 137 m²	−$31,498
Micro-location	this home 0.0433 · comparable 0.0654	−$25,636
Year built	this home 1992 · comparable 1997	−$15,032
Distance to beach	this home 3.54 km · comparable 3.09 km	−$11,745
Street	this home 0.065 · comparable 0.0616	+$3,944
Net adjustment		−$40,607

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

5 Pristine Court

Sold 21 November 2025 · 0.78 km away

Sold for

$1,490,000

Adjusted to this home

$1,506,378

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Floor area	this home 120 m² · comparable 225 m²	−$194,544
Street	this home 0.065 · comparable -0.0146	+$94,883
Land size	this home 830 m² · comparable 401 m²	+$84,427
Micro-location	this home 0.0433 · comparable 0.0136	+$35,402
Year built	this home 1992 · comparable 1996	−$12,026
Distance to beach	this home 3.54 km · comparable 3.71 km	+$4,559
Cladding	this home 3 · comparable 2	+$3,677
Net adjustment		+$16,378

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

8 Cumberland Drive

Sold 3 June 2026 · 0.09 km away

Sold for

$1,415,000

Adjusted to this home

$1,551,491

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Bedrooms	this home 4 · comparable 3	+$125,713
Floor area	this home 120 m² · comparable 167.88 m²	−$88,712
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 830 m² · comparable 703 m²	+$24,994
Street	this home 0.065 · comparable 0.0563	+$9,848
Cladding	this home 3 · comparable 2	+$3,677
Micro-location	this home 0.0433 · comparable 0.0462	−$3,283
Distance to beach	this home 3.54 km · comparable 3.55 km	+$254
Net adjustment		+$136,491

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

4 Barbie Avenue

Sold 5 August 2026 · 0.59 km away

Sold for

$1,515,000

Adjusted to this home

$1,367,391

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Car spaces	this home 2 · comparable 4	−$111,526
Floor area	this home 120 m² · comparable 151 m²	−$57,437
Land size	this home 830 m² · comparable 570 m²	+$51,168
Year built	this home 1992 · comparable 1999	−$21,045
Micro-location	this home 0.0433 · comparable 0.0574	−$17,090
Distance to beach	this home 3.54 km · comparable 3.98 km	+$11,998
Cladding	this home 3 · comparable 4	−$3,677
Net adjustment		−$147,609

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

16 Stanford Avenue

Sold 25 September 2026 · 0.81 km away

Sold for

$1,185,000

Adjusted to this home

$1,349,542

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Bedrooms	this home 4 · comparable 3	+$125,713
Land size	this home 830 m² · comparable 420 m²	+$80,688
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 120 m² · comparable 149.41 m²	−$54,491
Micro-location	this home 0.0433 · comparable 0.0704	−$25,691
Distance to beach	this home 3.54 km · comparable 2.9 km	−$13,651
Year built	this home 1992 · comparable 1996	−$12,026
Net adjustment		+$164,542

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

28 Pristine Court

Sold 8 October 2026 · 0.89 km away

Sold for

$1,170,000

Adjusted to this home

$1,415,040

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Bedrooms	this home 4 · comparable 3	+$125,713
Land size	this home 830 m² · comparable 414 m²	+$81,869
Street	this home 0.065 · comparable -0.0146	+$74,506
Floor area	this home 120 m² · comparable 141.71 m²	−$40,224
Year built	this home 1992 · comparable 1995	−$9,019
Micro-location	this home 0.0433 · comparable 0.0342	+$8,518
Cladding	this home 3 · comparable 2	+$3,677
Net adjustment		+$245,040

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

56 Southlake Drive

Sold 21 July 2026 · 0.51 km away

Sold for

$1,660,000

Adjusted to this home

$1,658,114

What we added and subtracted to make this sale comparable to 55 Silvabank Drive
Land size	this home 830 m² · comparable 432 m²	+$78,326
Car spaces	this home 2 · comparable 3	−$55,763
Floor area	this home 120 m² · comparable 133 m²	−$24,086
Air conditioning	this home 0 · comparable 1	−$20,000
Street	this home 0.065 · comparable 0.0515	+$17,928
Distance to beach	this home 3.54 km · comparable 3.76 km	+$6,574
Year built	this home 1992 · comparable 1993	−$3,006
Micro-location	this home 0.0433 · comparable 0.0447	−$1,859
Net adjustment		−$1,886

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 55 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 55 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 →

55 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

3 Massachusetts Court

18 Massachusetts Court

5 Pristine Court

8 Cumberland Drive

4 Barbie Avenue

16 Stanford Avenue

28 Pristine Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 55 Silvabank Drive sit?