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 Barbie Avenue

Sold 5 August 2026 · 0.71 km away

Sold for

$1,515,000

Adjusted to this home

$1,545,272

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Micro-location	this home 0.1362 · comparable 0.0574	+$95,506
Land size	this home 350 m² · comparable 570 m²	−$68,288
Floor area	this home 214 m² · comparable 151 m²	+$46,771
Bedrooms	this home 3 · comparable 4	−$23,642
Cladding	this home 3 · comparable 4	−$20,000
Distance to beach	this home 4.46 km · comparable 3.98 km	−$9,745
Year built	this home 2002 · comparable 1999	+$9,670
Net adjustment		+$30,272

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

45 North Shore Avenue

Sold 22 April 2026 · 0.78 km away

Sold for

$1,700,000

Adjusted to this home

$1,735,891

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Micro-location	this home 0.1362 · comparable 0.0333	+$139,944
Land size	this home 350 m² · comparable 637 m²	−$89,085
Bedrooms	this home 3 · comparable 4	−$23,642
Floor area	this home 214 m² · comparable 188 m²	+$19,302
Distance to beach	this home 4.46 km · comparable 3.99 km	−$10,628
Net adjustment		+$35,891

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

49 Lantau Crescent

Sold 21 January 2026 · 0.69 km away

Sold for

$1,475,000

Adjusted to this home

$1,602,424

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.1362 · comparable 0.0831	+$62,658
Floor area	this home 214 m² · comparable 176.74 m²	+$27,662
Bedrooms	this home 3 · comparable 4	−$23,642
Land size	this home 350 m² · comparable 400 m²	−$15,520
Distance to beach	this home 4.46 km · comparable 5.09 km	+$12,266
Net adjustment		+$127,424

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

28 Meridien Avenue

Sold 19 February 2026 · 0.66 km away

Sold for

$1,820,000

Adjusted to this home

$1,791,866

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Condition	this home 9 · comparable 8	+$109,200
Floor area	this home 214 m² · comparable 311 m²	−$72,013
Bedrooms	this home 3 · comparable 4	−$23,642
Micro-location	this home 0.1362 · comparable 0.15	−$20,093
Land size	this home 350 m² · comparable 400 m²	−$15,520
Year built	this home 2002 · comparable 2005	−$9,670
Distance to beach	this home 4.46 km · comparable 4.61 km	+$3,604
Net adjustment		−$28,134

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

5 Palma Crescent

Sold 27 March 2026 · 0.81 km away

Sold for

$1,395,000

Adjusted to this home

$1,545,084

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Water views	this home 0 · comparable 1	−$132,170
Condition	this home 9 · comparable 8	+$83,700
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.1362 · comparable 0.0871	+$54,795
Floor area	this home 214 m² · comparable 172.46 m²	+$30,839
Bedrooms	this home 3 · comparable 4	−$23,642
Distance to beach	this home 4.46 km · comparable 5.1 km	+$11,785
Year built	this home 2002 · comparable 2003	−$3,223
Net adjustment		+$150,084

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

40 Gerona Circuit

Sold 26 May 2026 · 0.71 km away

Sold for

$1,410,000

Adjusted to this home

$1,649,789

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Condition	this home 9 · comparable 7	+$141,000
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.1362 · comparable 0.0943	+$47,263
Bedrooms	this home 3 · comparable 4	−$23,642
Floor area	this home 214 m² · comparable 188 m²	+$19,302
Land size	this home 350 m² · comparable 400 m²	−$15,520
Distance to beach	this home 4.46 km · comparable 5.03 km	+$10,609
Year built	this home 2002 · comparable 2003	−$3,223
Net adjustment		+$239,789

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

13 Kodiak Drive

Sold 24 August 2026 · 0.39 km away

Sold for

$1,820,000

Adjusted to this home

$1,705,490

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Land size	this home 350 m² · comparable 640 m²	−$90,016
Storeys	this home 1 · comparable 2	−$43,740
Car spaces	this home 4 · comparable 3	+$32,000
Bedrooms	this home 3 · comparable 4	−$23,642
Bathrooms	this home 2 · comparable 3	−$18,771
Micro-location	this home 0.1362 · comparable 0.1255	+$15,579
Distance to beach	this home 4.46 km · comparable 4.84 km	+$9,129
Floor area	this home 214 m² · comparable 202.99 m²	+$8,174
Year built	this home 2002 · comparable 2003	−$3,223
Net adjustment		−$114,510

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

56 Southlake Drive

Sold 21 July 2026 · 0.81 km away

Sold for

$1,660,000

Adjusted to this home

$1,816,310

What we added and subtracted to make this sale comparable to 7 Avellino Drive
Micro-location	this home 0.1362 · comparable 0.0447	+$121,512
Floor area	this home 214 m² · comparable 133 m²	+$60,134
Car spaces	this home 4 · comparable 3	+$32,000
Year built	this home 2002 · comparable 1993	+$29,009
Land size	this home 350 m² · comparable 432 m²	−$25,453
Bedrooms	this home 3 · comparable 4	−$23,642
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.46 km · comparable 3.76 km	−$17,250
Net adjustment		+$156,310

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 Avellino 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 7 Avellino 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 →

7 Avellino 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 Barbie Avenue

45 North Shore Avenue

49 Lantau Crescent

28 Meridien Avenue

5 Palma Crescent

40 Gerona Circuit

13 Kodiak Drive

56 Southlake Drive

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