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.

11 Grenada Court

Sold 12 June 2026 · 0.29 km away

Sold for

$1,350,000

Adjusted to this home

$1,370,263

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Floor area	this home 158 m² · comparable 118.7 m²	+$34,898
Micro-location	this home 0.1122 · comparable 0.1321	−$21,492
Cladding	this home 3 · comparable 2	+$7,464
Distance to beach	this home 4.81 km · comparable 4.65 km	−$2,851
Land size	this home 350 m² · comparable 295 m²	+$2,244
Net adjustment		+$20,263

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

40 Gerona Circuit

Sold 26 May 2026 · 0.29 km away

Sold for

$1,410,000

Adjusted to this home

$1,358,445

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$56,400
Bedrooms	this home 3 · comparable 4	−$35,370
Floor area	this home 158 m² · comparable 188 m²	−$26,640
Micro-location	this home 0.1122 · comparable 0.0943	+$20,191
Year built	this home 2002 · comparable 2003	−$4,190
Distance to beach	this home 4.81 km · comparable 5.03 km	+$4,094
Land size	this home 350 m² · comparable 400 m²	−$2,040
Net adjustment		−$51,555

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

39 Brier Crescent

Sold 16 May 2026 · 1.03 km away

Sold for

$1,302,000

Adjusted to this home

$1,331,932

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Micro-location	this home 0.1122 · comparable 0.0157	+$100,514
Year built	this home 2002 · comparable 2013	−$46,094
Car spaces	this home 2 · comparable 3	−$32,000
Floor area	this home 158 m² · comparable 141 m²	+$15,096
Cladding	this home 3 · comparable 1	+$14,928
Land size	this home 350 m² · comparable 708 m²	−$14,606
Distance to beach	this home 4.81 km · comparable 4.35 km	−$7,906
Net adjustment		+$29,932

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

16 Marciana Crescent

Sold 31 July 2026 · 0.15 km away

Sold for

$1,225,000

Adjusted to this home

$1,354,810

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Condition	this home 8 · comparable 6	+$98,000
Micro-location	this home 0.1122 · comparable 0.0998	+$12,152
Floor area	this home 158 m² · comparable 147 m²	+$9,768
Cladding	this home 3 · comparable 2	+$7,464
Distance to beach	this home 4.81 km · comparable 4.96 km	+$2,426
Net adjustment		+$129,810

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

14 Windemere Crescent

Sold 10 March 2026 · 1.14 km away

Sold for

$1,350,000

Adjusted to this home

$1,340,436

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Water views	this home 0 · comparable 1	−$163,580
Micro-location	this home 0.1122 · comparable 0.0348	+$83,592
Condition	this home 8 · comparable 7	+$54,000
Floor area	this home 158 m² · comparable 123.36 m²	+$30,760
Distance to beach	this home 4.81 km · comparable 4.12 km	−$12,296
Land size	this home 350 m² · comparable 400 m²	−$2,040
Net adjustment		−$9,564

A further 11 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

$1,443,171

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Condition	this home 8 · comparable 7	+$56,400
Bedrooms	this home 3 · comparable 4	−$35,370
Micro-location	this home 0.1122 · comparable 0.0822	+$33,840
Floor area	this home 158 m² · comparable 174 m²	−$14,208
Land size	this home 350 m² · comparable 586 m²	−$9,629
Distance to beach	this home 4.81 km · comparable 5.15 km	+$6,328
Year built	this home 2002 · comparable 2003	−$4,190
Net adjustment		+$33,171

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

38 Palma Crescent

Sold 9 January 2026 · 0.39 km away

Sold for

$1,350,000

Adjusted to this home

$1,381,353

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Micro-location	this home 0.1122 · comparable 0.0871	+$27,108
Year built	this home 2002 · comparable 2005	−$12,571
Floor area	this home 158 m² · comparable 147.41 m²	+$9,404
Distance to beach	this home 4.81 km · comparable 5.1 km	+$5,168
Land size	this home 350 m² · comparable 295 m²	+$2,244
Net adjustment		+$31,353

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

6 Pristine Court

Sold 30 June 2026 · 1.15 km away

Sold for

$1,220,000

Adjusted to this home

$1,347,492

What we added and subtracted to make this sale comparable to 7 Mindelo Drive
Micro-location	this home 0.1122 · comparable 0.0126	+$97,210
Year built	this home 2002 · comparable 1994	+$33,523
Distance to beach	this home 4.81 km · comparable 3.68 km	−$20,071
Floor area	this home 158 m² · comparable 143.96 m²	+$12,467
Cladding	this home 3 · comparable 2	+$7,464
Land size	this home 350 m² · comparable 426 m²	−$3,101
Net adjustment		+$127,492

A further 11 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 Mindelo 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 Mindelo 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

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 Mindelo Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

11 Grenada Court

40 Gerona Circuit

39 Brier Crescent

16 Marciana Crescent

14 Windemere Crescent

41 Gerona Circuit

38 Palma Crescent

6 Pristine Court

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