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.

40 Gerona Circuit

Sold 26 May 2026 · 0.33 km away

Sold for

$1,410,000

Adjusted to this home

$1,462,267

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Land size	this home 753 m² · comparable 400 m²	+$71,447
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.1239 · comparable 0.0943	+$33,389
Floor area	this home 198 m² · comparable 188 m²	+$9,280
Distance to beach	this home 4.88 km · comparable 5.03 km	+$2,792
Year built	this home 2002 · comparable 2003	−$641
Net adjustment		+$52,267

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

11 Grenada Court

Sold 12 June 2026 · 0.27 km away

Sold for

$1,350,000

Adjusted to this home

$1,482,096

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Land size	this home 753 m² · comparable 295 m²	+$92,699
Floor area	this home 198 m² · comparable 118.7 m²	+$73,590
Condition	this home 7 · comparable 8	−$54,000
Bedrooms	this home 4 · comparable 3	+$20,494
Cladding	this home 3 · comparable 2	+$12,267
Micro-location	this home 0.1239 · comparable 0.1321	−$8,856
Distance to beach	this home 4.88 km · comparable 4.65 km	−$4,098
Net adjustment		+$132,096

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

41 Gerona Circuit

Sold 26 May 2026 · 0.36 km away

Sold for

$1,410,000

Adjusted to this home

$1,517,496

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Micro-location	this home 0.1239 · comparable 0.0822	+$47,038
Land size	this home 753 m² · comparable 586 m²	+$33,801
Floor area	this home 198 m² · comparable 174 m²	+$22,272
Distance to beach	this home 4.88 km · comparable 5.15 km	+$5,026
Year built	this home 2002 · comparable 2003	−$641
Net adjustment		+$107,496

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

5 Palma Crescent

Sold 27 March 2026 · 0.44 km away

Sold for

$1,395,000

Adjusted to this home

$1,368,794

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Water views	this home 0 · comparable 1	−$120,153
Land size	this home 753 m² · comparable 350 m²	+$81,567
Condition	this home 7 · comparable 8	−$55,800
Micro-location	this home 0.1239 · comparable 0.0871	+$41,069
Floor area	this home 198 m² · comparable 172.46 m²	+$23,701
Distance to beach	this home 4.88 km · comparable 5.1 km	+$4,051
Year built	this home 2002 · comparable 2003	−$641
Net adjustment		−$26,206

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

4 Barbie Avenue

Sold 5 August 2026 · 0.99 km away

Sold for

$1,515,000

Adjusted to this home

$1,368,264

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Condition	this home 7 · comparable 9	−$151,500
Micro-location	this home 0.1239 · comparable 0.0574	+$80,598
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 198 m² · comparable 151 m²	+$43,616
Land size	this home 753 m² · comparable 570 m²	+$37,039
Distance to beach	this home 4.88 km · comparable 3.98 km	−$18,144
Cladding	this home 3 · comparable 4	−$12,267
Year built	this home 2002 · comparable 1999	+$1,922
Net adjustment		−$146,736

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

16 Marciana Crescent

Sold 31 July 2026 · 0.16 km away

Sold for

$1,225,000

Adjusted to this home

$1,390,036

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Land size	this home 753 m² · comparable 350 m²	+$57,145
Condition	this home 7 · comparable 6	+$34,329
Floor area	this home 198 m² · comparable 147 m²	+$33,158
Micro-location	this home 0.1239 · comparable 0.0998	+$16,546
Bedrooms	this home 4 · comparable 3	+$14,358
Cladding	this home 3 · comparable 2	+$8,594
Distance to beach	this home 4.88 km · comparable 4.96 km	+$906
Net adjustment		+$165,036

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

56 Southlake Drive

Sold 21 July 2026 · 1.16 km away

Sold for

$1,660,000

Adjusted to this home

$1,587,781

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Condition	this home 7 · comparable 9	−$166,000
Micro-location	this home 0.1239 · comparable 0.0447	+$105,178
Land size	this home 753 m² · comparable 432 m²	+$64,970
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 198 m² · comparable 133 m²	+$60,320
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 4.88 km · comparable 3.76 km	−$26,454
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2002 · comparable 1993	+$5,767
Net adjustment		−$72,219

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

13 Kodiak Drive

Sold 24 August 2026 · 0.07 km away

Sold for

$1,820,000

Adjusted to this home

$1,492,973

What we added and subtracted to make this sale comparable to 7 Kodiak Drive
Condition	this home 7 · comparable 9	−$182,000
Pool	this home 0 · comparable 1	−$64,000
Bathrooms	this home 2 · comparable 3	−$35,459
Car spaces	this home 2 · comparable 3	−$32,000
Storeys	this home 1 · comparable 2	−$27,877
Land size	this home 753 m² · comparable 640 m²	+$22,871
Floor area	this home 198 m² · comparable 202.99 m²	−$4,630
Micro-location	this home 0.1239 · comparable 0.1255	−$2,330
Distance to beach	this home 4.88 km · comparable 4.84 km	−$961
Year built	this home 2002 · comparable 2003	−$641
Net adjustment		−$327,027

A further 7 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 Kodiak 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 Kodiak 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 Kodiak Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

40 Gerona Circuit

11 Grenada Court

41 Gerona Circuit

5 Palma Crescent

4 Barbie Avenue

16 Marciana Crescent

56 Southlake Drive

13 Kodiak Drive

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