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.

31 Roundelay Drive

Sold 30 July 2026 · 0.38 km away

Sold for

$1,380,000

Adjusted to this home

$1,392,390

What we added and subtracted to make this sale comparable to 7 Allegro Place
Floor area	this home 113 m² · comparable 151.3 m²	−$62,720
Pool	this home 1 · comparable 0	+$31,522
Cladding	this home 3 · comparable 2	+$23,250
Land size	this home 495 m² · comparable 420 m²	+$15,000
Micro-location	this home 0.0386 · comparable 0.0311	+$8,280
Distance to beach	this home 3.7 km · comparable 3.59 km	−$2,732
Year built	this home 1993 · comparable 1994	−$210
Net adjustment		+$12,390

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

3 Massachusetts Court

Sold 22 July 2026 · 0.78 km away

Sold for

$1,400,000

Adjusted to this home

$1,391,816

What we added and subtracted to make this sale comparable to 7 Allegro Place
Cladding	this home 3 · comparable 2	+$23,250
Micro-location	this home 0.0386 · comparable 0.0574	−$21,056
Land size	this home 495 m² · comparable 410 m²	+$17,000
Distance to beach	this home 3.7 km · comparable 3.1 km	−$15,120
Floor area	this home 113 m² · comparable 120.1 m²	−$11,627
Year built	this home 1993 · comparable 1996	−$631
Net adjustment		−$8,184

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

8 Cumberland Drive

Sold 3 June 2026 · 0.32 km away

Sold for

$1,415,000

Adjusted to this home

$1,406,350

What we added and subtracted to make this sale comparable to 7 Allegro Place
Floor area	this home 113 m² · comparable 167.88 m²	−$89,871
Bedrooms	this home 4 · comparable 3	+$80,263
Land size	this home 495 m² · comparable 703 m²	−$41,600
Pool	this home 1 · comparable 0	+$31,522
Cladding	this home 3 · comparable 2	+$23,250
Micro-location	this home 0.0386 · comparable 0.0462	−$8,603
Distance to beach	this home 3.7 km · comparable 3.55 km	−$3,821
Year built	this home 1993 · comparable 1992	+$210
Net adjustment		−$8,650

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.46 km away

Sold for

$1,400,000

Adjusted to this home

$1,469,239

What we added and subtracted to make this sale comparable to 7 Allegro Place
Bedrooms	this home 4 · comparable 3	+$80,263
Floor area	this home 113 m² · comparable 145 m²	−$52,403
Micro-location	this home 0.0386 · comparable 0.0223	+$18,256
Land size	this home 495 m² · comparable 405 m²	+$18,000
Distance to beach	this home 3.7 km · comparable 3.92 km	+$5,544
Year built	this home 1993 · comparable 1995	−$421
Net adjustment		+$69,239

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

3 Dorothy Place

Sold 27 March 2026 · 0.13 km away

Sold for

$1,300,000

Adjusted to this home

$1,385,843

What we added and subtracted to make this sale comparable to 7 Allegro Place
Bedrooms	this home 4 · comparable 3	+$80,263
Floor area	this home 113 m² · comparable 129.58 m²	−$27,151
Cladding	this home 3 · comparable 2	+$23,250
Land size	this home 495 m² · comparable 410 m²	+$17,000
Micro-location	this home 0.0386 · comparable 0.0479	−$9,672
Distance to beach	this home 3.7 km · comparable 3.81 km	+$2,574
Year built	this home 1993 · comparable 1995	−$421
Net adjustment		+$85,843

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

16 Stanford Avenue

Sold 25 September 2026 · 0.83 km away

Sold for

$1,185,000

Adjusted to this home

$1,204,319

What we added and subtracted to make this sale comparable to 7 Allegro Place
Bedrooms	this home 4 · comparable 3	+$80,263
Floor area	this home 113 m² · comparable 149.41 m²	−$59,625
Pool	this home 1 · comparable 0	+$31,522
Micro-location	this home 0.0386 · comparable 0.0704	−$30,146
Distance to beach	this home 3.7 km · comparable 2.9 km	−$17,064
Land size	this home 495 m² · comparable 420 m²	+$15,000
Year built	this home 1993 · comparable 1996	−$631
Net adjustment		+$19,319

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

28 Pristine Court

Sold 8 October 2026 · 0.57 km away

Sold for

$1,170,000

Adjusted to this home

$1,243,025

What we added and subtracted to make this sale comparable to 7 Allegro Place
Bedrooms	this home 4 · comparable 3	+$80,263
Floor area	this home 113 m² · comparable 141.71 m²	−$47,015
Cladding	this home 3 · comparable 2	+$23,250
Land size	this home 495 m² · comparable 414 m²	+$16,200
Micro-location	this home 0.0386 · comparable 0.0342	+$4,118
Distance to beach	this home 3.7 km · comparable 3.54 km	−$3,370
Year built	this home 1993 · comparable 1995	−$421
Net adjustment		+$73,025

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

4 Barbie Avenue

Sold 5 August 2026 · 0.28 km away

Sold for

$1,515,000

Adjusted to this home

$1,334,108

What we added and subtracted to make this sale comparable to 7 Allegro Place
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 113 m² · comparable 151 m²	−$62,229
Cladding	this home 3 · comparable 4	−$23,250
Micro-location	this home 0.0386 · comparable 0.0574	−$22,786
Land size	this home 495 m² · comparable 570 m²	−$15,000
Distance to beach	this home 3.7 km · comparable 3.98 km	+$7,635
Year built	this home 1993 · comparable 1999	−$1,262
Net adjustment		−$180,892

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 7 Allegro Place 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 7 Allegro Place 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 →

7 Allegro Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

31 Roundelay Drive

3 Massachusetts Court

8 Cumberland Drive

9 Gainsborough Drive

3 Dorothy Place

16 Stanford Avenue

28 Pristine Court

4 Barbie Avenue

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 7 Allegro Place sit?