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 · 0.93 km away

Sold for

$1,150,000

Adjusted to this home

$1,168,385

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Street	this home 0.065 · comparable -0.0364	+$93,288
Car spaces	this home 1 · comparable 2	−$56,439
Micro-location	this home 0.0395 · comparable 0.0123	+$25,024
Bathrooms	this home 1 · comparable 2	−$20,710
Floor area	this home 117 m² · comparable 125.33 m²	−$14,034
Year built	this home 1992 · comparable 1995	−$10,147
Distance to beach	this home 3.55 km · comparable 3.67 km	+$2,484
Land size	this home 416 m² · comparable 423 m²	−$1,081
Net adjustment		+$18,385

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

28 Pristine Court

Sold 8 October 2026 · 1.00 km away

Sold for

$1,170,000

Adjusted to this home

$1,120,639

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Street	this home 0.065 · comparable -0.0146	+$74,506
Car spaces	this home 1 · comparable 2	−$56,439
Floor area	this home 117 m² · comparable 141.71 m²	−$41,631
Bathrooms	this home 1 · comparable 2	−$20,710
Year built	this home 1992 · comparable 1995	−$10,147
Micro-location	this home 0.0395 · comparable 0.0342	+$4,961
Land size	this home 416 m² · comparable 414 m²	+$309
Distance to beach	this home 3.55 km · comparable 3.54 km	−$210
Net adjustment		−$49,361

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

6 Pristine Court

Sold 30 June 2026 · 0.92 km away

Sold for

$1,220,000

Adjusted to this home

$1,259,919

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Street	this home 0.065 · comparable -0.0146	+$77,690
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 1 · comparable 2	−$56,439
Floor area	this home 117 m² · comparable 143.96 m²	−$45,422
Micro-location	this home 0.0395 · comparable 0.0126	+$26,254
Bathrooms	this home 1 · comparable 2	−$20,710
Year built	this home 1992 · comparable 1994	−$6,765
Distance to beach	this home 3.55 km · comparable 3.68 km	+$2,855
Land size	this home 416 m² · comparable 426 m²	−$1,544
Net adjustment		+$39,919

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

39 Brier Crescent

Sold 16 May 2026 · 0.91 km away

Sold for

$1,302,000

Adjusted to this home

$1,225,047

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Car spaces	this home 1 · comparable 3	−$112,878
Street	this home 0.065 · comparable -0.0225	+$91,140
Year built	this home 1992 · comparable 2013	−$71,030
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 416 m² · comparable 708 m²	−$45,085
Floor area	this home 117 m² · comparable 141 m²	−$40,435
Micro-location	this home 0.0395 · comparable 0.0157	+$24,790
Bathrooms	this home 1 · comparable 2	−$20,710
Cladding	this home 2 · comparable 1	+$16,693
Distance to beach	this home 3.55 km · comparable 4.35 km	+$16,562
Net adjustment		−$76,953

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.39 km away

Sold for

$1,400,000

Adjusted to this home

$1,308,691

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Car spaces	this home 1 · comparable 2	−$56,439
Floor area	this home 117 m² · comparable 145 m²	−$47,174
Street	this home 0.065 · comparable 0.0386	+$29,568
Bathrooms	this home 1 · comparable 2	−$20,710
Micro-location	this home 0.0395 · comparable 0.0223	+$19,264
Cladding	this home 2 · comparable 3	−$16,693
Year built	this home 1992 · comparable 1995	−$10,147
Distance to beach	this home 3.55 km · comparable 3.92 km	+$9,324
Land size	this home 416 m² · comparable 405 m²	+$1,698
Net adjustment		−$91,309

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

3 Dorothy Place

Sold 27 March 2026 · 0.61 km away

Sold for

$1,300,000

Adjusted to this home

$1,189,784

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Car spaces	this home 1 · comparable 2	−$56,439
Floor area	this home 117 m² · comparable 129.58 m²	−$21,194
Bathrooms	this home 1 · comparable 2	−$20,710
Year built	this home 1992 · comparable 1995	−$10,147
Micro-location	this home 0.0395 · comparable 0.0479	−$8,736
Distance to beach	this home 3.55 km · comparable 3.81 km	+$6,084
Land size	this home 416 m² · comparable 410 m²	+$926
Net adjustment		−$110,216

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

31 Roundelay Drive

Sold 30 July 2026 · 0.83 km away

Sold for

$1,380,000

Adjusted to this home

$1,284,957

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Bedrooms	this home 3 · comparable 4	−$124,142
Street	this home 0.065 · comparable -0.023	+$97,152
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 117 m² · comparable 151.3 m²	−$57,789
Car spaces	this home 1 · comparable 2	−$56,439
Bathrooms	this home 1 · comparable 2	−$20,710
Micro-location	this home 0.0395 · comparable 0.0311	+$9,274
Year built	this home 1992 · comparable 1994	−$6,765
Distance to beach	this home 3.55 km · comparable 3.59 km	+$994
Land size	this home 416 m² · comparable 420 m²	−$618
Net adjustment		−$95,043

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

8 Cumberland Drive

Sold 3 June 2026 · 0.20 km away

Sold for

$1,415,000

Adjusted to this home

$1,274,080

What we added and subtracted to make this sale comparable to 58 Silvabank Drive
Floor area	this home 117 m² · comparable 167.88 m²	−$85,722
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 1 · comparable 2	−$56,439
Land size	this home 416 m² · comparable 703 m²	−$44,313
Bathrooms	this home 1 · comparable 2	−$20,710
Street	this home 0.065 · comparable 0.0563	+$9,848
Micro-location	this home 0.0395 · comparable 0.0462	−$7,584
Net adjustment		−$140,920

A further 11 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 58 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 58 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

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 →

58 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

28 Pristine Court

6 Pristine Court

39 Brier Crescent

9 Gainsborough Drive

3 Dorothy Place

31 Roundelay Drive

8 Cumberland Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 58 Silvabank Drive sit?