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.

4 Pascali Court

Sold 5 August 2026 · 0.92 km away

Sold for

$1,150,000

Adjusted to this home

$1,126,244

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Street	this home 0.065 · comparable -0.0364	+$93,288
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 1 · comparable 2	−$56,439
Condition	this home 7 · comparable 6	+$46,000
Floor area	this home 102 m² · comparable 125.33 m²	−$39,306
Micro-location	this home 0.0419 · comparable 0.0123	+$27,232
Bathrooms	this home 1 · comparable 2	−$20,710
Year built	this home 1992 · comparable 1995	−$10,147
Distance to beach	this home 3.52 km · comparable 3.67 km	+$3,105
Land size	this home 405 m² · comparable 423 m²	−$2,779
Net adjustment		−$23,756

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

6 Pristine Court

Sold 30 June 2026 · 0.91 km away

Sold for

$1,220,000

Adjusted to this home

$1,171,951

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Street	this home 0.065 · comparable -0.0146	+$77,690
Floor area	this home 102 m² · comparable 143.96 m²	−$70,694
Car spaces	this home 1 · comparable 2	−$56,439
Micro-location	this home 0.0419 · comparable 0.0126	+$28,597
Bathrooms	this home 1 · comparable 2	−$20,710
Year built	this home 1992 · comparable 1994	−$6,765
Distance to beach	this home 3.52 km · comparable 3.68 km	+$3,514
Land size	this home 405 m² · comparable 426 m²	−$3,242
Net adjustment		−$48,049

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

2 Wattle Street

Sold 16 March 2026 · 0.75 km away

Sold for

$1,100,000

Adjusted to this home

$1,128,821

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Micro-location	this home 0.0419 · comparable -0.0003	+$37,136
Land size	this home 405 m² · comparable 607 m²	−$31,189
Year built	this home 1992 · comparable 1985	+$23,677
Floor area	this home 102 m² · comparable 108 m²	−$10,109
Distance to beach	this home 3.52 km · comparable 3.99 km	+$9,306
Net adjustment		+$28,821

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

17 Brier Crescent

Sold 4 December 2025 · 0.88 km away

Sold for

$1,080,000

Adjusted to this home

$1,107,931

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Street	this home 0.065 · comparable -0.0225	+$75,600
Pool	this home 0 · comparable 1	−$64,000
Land size	this home 405 m² · comparable 708 m²	−$46,783
Year built	this home 1992 · comparable 1981	+$37,206
Micro-location	this home 0.0419 · comparable 0.0017	+$34,733
Bathrooms	this home 1 · comparable 2	−$20,710
Floor area	this home 102 m² · comparable 112 m²	−$16,848
Cladding	this home 2 · comparable 1	+$16,693
Distance to beach	this home 3.52 km · comparable 4.19 km	+$12,040
Net adjustment		+$27,931

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

2 Gladful Court

Sold 12 November 2025 · 0.10 km away

Sold for

$1,180,000

Adjusted to this home

$1,188,555

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Street	this home 0.065 · comparable -0.0372	+$96,477
Car spaces	this home 1 · comparable 2	−$56,439
Condition	this home 7 · comparable 8	−$47,200
Floor area	this home 102 m² · comparable 93 m²	+$15,163
Micro-location	this home 0.0419 · comparable 0.0389	+$2,832
Land size	this home 405 m² · comparable 417 m²	−$1,853
Distance to beach	this home 3.52 km · comparable 3.5 km	−$425
Net adjustment		+$8,555

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.41 km away

Sold for

$1,400,000

Adjusted to this home

$1,165,165

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Floor area	this home 102 m² · comparable 145 m²	−$72,446
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 1 · comparable 2	−$56,439
Condition	this home 7 · comparable 8	−$56,000
Street	this home 0.065 · comparable 0.0386	+$29,568
Micro-location	this home 0.0419 · comparable 0.0223	+$21,952
Bathrooms	this home 1 · comparable 2	−$20,710
Cladding	this home 2 · comparable 3	−$16,693
Year built	this home 1992 · comparable 1995	−$10,147
Distance to beach	this home 3.52 km · comparable 3.92 km	+$10,080
Net adjustment		−$234,835

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

28 Pristine Court

Sold 8 October 2026 · 0.99 km away

Sold for

$1,170,000

Adjusted to this home

$1,032,545

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Street	this home 0.065 · comparable -0.0146	+$74,506
Floor area	this home 102 m² · comparable 141.71 m²	−$66,903
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 1 · comparable 2	−$56,439
Bathrooms	this home 1 · comparable 2	−$20,710
Year built	this home 1992 · comparable 1995	−$10,147
Micro-location	this home 0.0419 · comparable 0.0342	+$7,207
Land size	this home 405 m² · comparable 414 m²	−$1,390
Distance to beach	this home 3.52 km · comparable 3.54 km	+$421
Net adjustment		−$137,455

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

31 Roundelay Drive

Sold 30 July 2026 · 0.81 km away

Sold for

$1,380,000

Adjusted to this home

$1,142,180

What we added and subtracted to make this sale comparable to 56 Silvabank Drive
Bedrooms	this home 3 · comparable 4	−$124,142
Street	this home 0.065 · comparable -0.023	+$97,152
Floor area	this home 102 m² · comparable 151.3 m²	−$83,061
Car spaces	this home 1 · comparable 2	−$56,439
Condition	this home 7 · comparable 8	−$55,200
Bathrooms	this home 1 · comparable 2	−$20,710
Micro-location	this home 0.0419 · comparable 0.0311	+$11,923
Year built	this home 1992 · comparable 1994	−$6,765
Land size	this home 405 m² · comparable 420 m²	−$2,316
Distance to beach	this home 3.52 km · comparable 3.59 km	+$1,738
Net adjustment		−$237,820

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 56 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 56 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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 →

56 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

4 Pascali Court

6 Pristine Court

2 Wattle Street

17 Brier Crescent

2 Gladful Court

9 Gainsborough Drive

28 Pristine Court

31 Roundelay Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 56 Silvabank Drive sit?