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.

39 Brier Crescent

Sold 16 May 2026 · 0.90 km away

Sold for

$1,302,000

Adjusted to this home

$1,301,759

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Street	this home 0.065 · comparable -0.0225	+$91,140
Year built	this home 1992 · comparable 2013	−$73,046
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 2 · comparable 3	−$55,306
Land size	this home 404 m² · comparable 708 m²	−$49,856
Floor area	this home 120 m² · comparable 141 m²	−$36,557
Micro-location	this home 0.0403 · comparable 0.0157	+$25,623
Cladding	this home 2 · comparable 1	+$17,434
Distance to beach	this home 3.56 km · comparable 4.35 km	+$16,327
Net adjustment		−$241

A further 7 factors were compared and found the same on both properties, so no money moved.

9 Gainsborough Drive

Sold 14 September 2026 · 0.37 km away

Sold for

$1,400,000

Adjusted to this home

$1,387,247

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Floor area	this home 120 m² · comparable 145 m²	−$43,520
Street	this home 0.065 · comparable 0.0386	+$29,568
Micro-location	this home 0.0403 · comparable 0.0223	+$20,160
Cladding	this home 2 · comparable 3	−$17,434
Year built	this home 1992 · comparable 1995	−$10,435
Distance to beach	this home 3.56 km · comparable 3.92 km	+$9,072
Land size	this home 404 m² · comparable 405 m²	−$164
Net adjustment		−$12,753

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

28 Pristine Court

Sold 8 October 2026 · 0.96 km away

Sold for

$1,170,000

Adjusted to this home

$1,199,926

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Street	this home 0.065 · comparable -0.0146	+$74,506
Floor area	this home 120 m² · comparable 141.71 m²	−$37,793
Year built	this home 1992 · comparable 1995	−$10,435
Micro-location	this home 0.0403 · comparable 0.0342	+$5,710
Land size	this home 404 m² · comparable 414 m²	−$1,640
Distance to beach	this home 3.56 km · comparable 3.54 km	−$422
Net adjustment		+$29,926

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

3 Massachusetts Court

Sold 22 July 2026 · 0.99 km away

Sold for

$1,400,000

Adjusted to this home

$1,357,992

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Micro-location	this home 0.0403 · comparable 0.0574	−$19,152
Year built	this home 1992 · comparable 1996	−$13,914
Distance to beach	this home 3.56 km · comparable 3.1 km	−$11,592
Street	this home 0.065 · comparable 0.0616	+$3,808
Land size	this home 404 m² · comparable 410 m²	−$984
Floor area	this home 120 m² · comparable 120.1 m²	−$174
Net adjustment		−$42,008

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

8 Cumberland Drive

Sold 3 June 2026 · 0.16 km away

Sold for

$1,415,000

Adjusted to this home

$1,349,530

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Floor area	this home 120 m² · comparable 167.88 m²	−$83,350
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 404 m² · comparable 703 m²	−$49,036
Street	this home 0.065 · comparable 0.0563	+$9,848
Micro-location	this home 0.0403 · comparable 0.0462	−$6,678
Distance to beach	this home 3.56 km · comparable 3.55 km	−$254
Net adjustment		−$65,470

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

3 Dorothy Place

Sold 27 March 2026 · 0.57 km away

Sold for

$1,300,000

Adjusted to this home

$1,269,850

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Floor area	this home 120 m² · comparable 129.58 m²	−$16,677
Year built	this home 1992 · comparable 1995	−$10,435
Micro-location	this home 0.0403 · comparable 0.0479	−$7,904
Distance to beach	this home 3.56 km · comparable 3.81 km	+$5,850
Land size	this home 404 m² · comparable 410 m²	−$984
Net adjustment		−$30,150

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

4 Pascali Court

Sold 5 August 2026 · 0.89 km away

Sold for

$1,150,000

Adjusted to this home

$1,248,496

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Street	this home 0.065 · comparable -0.0364	+$93,288
Micro-location	this home 0.0403 · comparable 0.0123	+$25,760
Year built	this home 1992 · comparable 1995	−$10,435
Floor area	this home 120 m² · comparable 125.33 m²	−$9,278
Land size	this home 404 m² · comparable 423 m²	−$3,116
Distance to beach	this home 3.56 km · comparable 3.67 km	+$2,277
Net adjustment		+$98,496

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

6 Pristine Court

Sold 30 June 2026 · 0.87 km away

Sold for

$1,220,000

Adjusted to this home

$1,339,085

What we added and subtracted to make this sale comparable to 61 Silvabank Drive
Street	this home 0.065 · comparable -0.0146	+$77,690
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 120 m² · comparable 143.96 m²	−$41,710
Micro-location	this home 0.0403 · comparable 0.0126	+$27,035
Year built	this home 1992 · comparable 1994	−$6,957
Land size	this home 404 m² · comparable 426 m²	−$3,608
Distance to beach	this home 3.56 km · comparable 3.68 km	+$2,635
Net adjustment		+$119,085

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 61 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 61 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

18 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 →

61 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

39 Brier Crescent

9 Gainsborough Drive

28 Pristine Court

3 Massachusetts Court

8 Cumberland Drive

3 Dorothy Place

4 Pascali Court

6 Pristine Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 61 Silvabank Drive sit?