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 · 0.88 km away

Sold for

$1,150,000

Adjusted to this home

$1,064,006

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Pool	this home 0 · comparable 1	−$94,859
Condition	this home 8 · comparable 6	+$92,000
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 100 m² · comparable 125.33 m²	−$50,660
Micro-location	this home 0.0428 · comparable 0.0152	+$25,392
Land size	this home 404 m² · comparable 423 m²	−$7,615
Distance to beach	this home 3.54 km · comparable 3.67 km	+$2,691
Year built	this home 1992 · comparable 1995	−$943
Net adjustment		−$85,994

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

2 Gladful Court

Sold 12 November 2025 · 0.15 km away

Sold for

$1,026,087

Adjusted to this home

$1,043,415

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Floor area	this home 100 m² · comparable 93 m²	+$14,000
Micro-location	this home 0.0428 · comparable 0.0315	+$9,276
Land size	this home 404 m² · comparable 417 m²	−$5,210
Distance to beach	this home 3.54 km · comparable 3.5 km	−$738
Net adjustment		+$17,328

A further 13 factors were compared and found the same on both properties, so no money moved.

1 Coolibah Crescent

Sold 24 November 2025 · 0.93 km away

Sold for

$1,000,000

Adjusted to this home

$1,019,674

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Land size	this home 404 m² · comparable 701 m²	−$119,038
Micro-location	this home 0.0428 · comparable -0.0299	+$58,160
Condition	this home 8 · comparable 7	+$40,000
Car spaces	this home 2 · comparable 1	+$32,000
Floor area	this home 100 m² · comparable 86 m²	+$28,000
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 3.54 km · comparable 4.01 km	+$8,412
Year built	this home 1992 · comparable 2017	−$7,860
Net adjustment		+$19,674

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

13 Acklin Court

Sold 2 September 2026 · 0.95 km away

Sold for

$1,110,000

Adjusted to this home

$985,435

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Floor area	this home 100 m² · comparable 137 m²	−$74,000
Bathrooms	this home 1 · comparable 2	−$52,000
Condition	this home 8 · comparable 7	+$44,400
Micro-location	this home 0.0428 · comparable 0.0912	−$42,979
Cladding	this home 2 · comparable 3	−$20,000
Land size	this home 404 m² · comparable 375 m²	+$11,623
Distance to beach	this home 3.54 km · comparable 4.16 km	+$11,535
Year built	this home 1992 · comparable 2002	−$3,144
Net adjustment		−$124,565

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

6 Pristine Court

Sold 30 June 2026 · 0.86 km away

Sold for

$1,220,000

Adjusted to this home

$1,100,059

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Floor area	this home 100 m² · comparable 143.96 m²	−$87,920
Bathrooms	this home 1 · comparable 2	−$52,000
Micro-location	this home 0.0428 · comparable 0.0158	+$26,352
Land size	this home 404 m² · comparable 426 m²	−$8,818
Distance to beach	this home 3.54 km · comparable 3.68 km	+$3,074
Year built	this home 1992 · comparable 1994	−$629
Net adjustment		−$119,941

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

16 Marciana Crescent

Sold 31 July 2026 · 1.62 km away

Sold for

$1,225,000

Adjusted to this home

$1,186,963

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Condition	this home 8 · comparable 6	+$98,000
Floor area	this home 100 m² · comparable 147 m²	−$94,000
Bathrooms	this home 1 · comparable 2	−$52,000
Micro-location	this home 0.0428 · comparable 0.0777	−$34,202
Distance to beach	this home 3.54 km · comparable 4.96 km	+$25,666
Land size	this home 404 m² · comparable 350 m²	+$21,643
Year built	this home 1992 · comparable 2002	−$3,144
Net adjustment		−$38,037

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

19 Tourangeau Crescent

Sold 3 November 2025 · 1.52 km away

Sold for

$1,113,043

Adjusted to this home

$1,079,289

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Floor area	this home 100 m² · comparable 130.18 m²	−$60,360
Bathrooms	this home 1 · comparable 2	−$52,000
Condition	this home 8 · comparable 7	+$44,522
Land size	this home 404 m² · comparable 350 m²	+$21,643
Micro-location	this home 0.0428 · comparable 0.0315	+$10,062
Distance to beach	this home 3.54 km · comparable 3.8 km	+$5,209
Year built	this home 1992 · comparable 2001	−$2,830
Net adjustment		−$33,754

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

14 Shorehaven Place

Sold 7 April 2026 · 1.52 km away

Sold for

$1,250,000

Adjusted to this home

$1,086,182

What we added and subtracted to make this sale comparable to 59 Silvabank Drive
Floor area	this home 100 m² · comparable 155 m²	−$110,000
Pool	this home 0 · comparable 1	−$94,859
Bathrooms	this home 1 · comparable 2	−$52,000
Condition	this home 8 · comparable 7	+$50,000
Land size	this home 404 m² · comparable 329 m²	+$30,060
Micro-location	this home 0.0428 · comparable 0.0341	+$8,700
Distance to beach	this home 3.54 km · comparable 3.87 km	+$7,425
Year built	this home 1992 · comparable 2002	−$3,144
Net adjustment		−$163,818

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 59 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 59 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 →

59 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

2 Gladful Court

1 Coolibah Crescent

13 Acklin Court

6 Pristine Court

16 Marciana Crescent

19 Tourangeau Crescent

14 Shorehaven Place

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 59 Silvabank Drive sit?