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 · 1.03 km away

Sold for

$1,515,000

Adjusted to this home

$1,559,295

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Floor area	this home 226 m² · comparable 151 m²	+$140,580
Bedrooms	this home 5 · comparable 4	+$132,238
Car spaces	this home 2 · comparable 4	−$101,182
Micro-location	this home -0.0232 · comparable 0.0574	−$97,687
Year built	this home 1975 · comparable 1999	−$68,755
Land size	this home 954 m² · comparable 570 m²	+$52,531
Cladding	this home 2 · comparable 4	−$14,520
Distance to beach	this home 3.94 km · comparable 3.98 km	+$1,090
Net adjustment		+$44,295

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

40 Gerona Circuit

Sold 26 May 2026 · 1.51 km away

Sold for

$1,410,000

Adjusted to this home

$1,356,940

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Street	this home -0.0661 · comparable 0.0518	−$132,991
Micro-location	this home -0.0232 · comparable 0.0943	−$132,540
Bedrooms	this home 5 · comparable 4	+$132,238
Year built	this home 1975 · comparable 2003	−$80,214
Land size	this home 954 m² · comparable 400 m²	+$75,787
Floor area	this home 226 m² · comparable 188 m²	+$71,227
Distance to beach	this home 3.94 km · comparable 5.03 km	+$20,693
Cladding	this home 2 · comparable 3	−$7,260
Net adjustment		−$53,060

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

5 Palma Crescent

Sold 27 March 2026 · 1.49 km away

Sold for

$1,395,000

Adjusted to this home

$1,454,516

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Bedrooms	this home 5 · comparable 4	+$132,238
Micro-location	this home -0.0232 · comparable 0.0871	−$123,094
Street	this home -0.0661 · comparable 0.0399	−$118,296
Floor area	this home 226 m² · comparable 172.46 m²	+$100,355
Land size	this home 954 m² · comparable 350 m²	+$82,627
Year built	this home 1975 · comparable 2003	−$80,214
Pool	this home 1 · comparable 0	+$64,000
Distance to beach	this home 3.94 km · comparable 5.1 km	+$21,762
Water views	this home 0 · comparable 1	−$12,602
Cladding	this home 2 · comparable 3	−$7,260
Net adjustment		+$59,516

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

15 Comore Drive

Sold 16 January 2026 · 1.22 km away

Sold for

$1,350,000

Adjusted to this home

$1,361,853

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Street	this home -0.0661 · comparable 0.0785	−$156,168
Bedrooms	this home 5 · comparable 4	+$132,238
Micro-location	this home -0.0232 · comparable 0.0738	−$104,760
Floor area	this home 226 m² · comparable 184 m²	+$78,725
Year built	this home 1975 · comparable 2002	−$77,350
Land size	this home 954 m² · comparable 423 m²	+$72,641
Pool	this home 1 · comparable 0	+$64,000
Distance to beach	this home 3.94 km · comparable 4.06 km	+$2,527
Net adjustment		+$11,853

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

13 Saint Paul Crescent

Sold 31 August 2026 · 1.27 km away

Sold for

$1,590,000

Adjusted to this home

$1,357,476

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Micro-location	this home -0.0232 · comparable 0.15	−$220,310
Year built	this home 1975 · comparable 2003	−$80,214
Land size	this home 954 m² · comparable 449 m²	+$69,084
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 226 m² · comparable 241.24 m²	−$28,566
Distance to beach	this home 3.94 km · comparable 4.43 km	+$10,742
Cladding	this home 2 · comparable 3	−$7,260
Net adjustment		−$232,524

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

20 Daryl Drive

Sold 29 October 2025 · 0.59 km away

Sold for

$1,570,000

Adjusted to this home

$1,489,825

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Street	this home -0.0661 · comparable 0.0704	−$171,444
Bedrooms	this home 5 · comparable 4	+$132,238
Year built	this home 1975 · comparable 1998	−$65,890
Micro-location	this home -0.0232 · comparable 0.0291	−$65,689
Land size	this home 954 m² · comparable 586 m²	+$50,342
Floor area	this home 226 m² · comparable 201.88 m²	+$45,210
Cladding	this home 2 · comparable 3	−$7,260
Distance to beach	this home 3.94 km · comparable 4.03 km	+$2,318
Net adjustment		−$80,175

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

103 Bayswater Avenue

Sold 21 November 2025 · 1.34 km away

Sold for

$1,290,000

Adjusted to this home

$1,320,120

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Street	this home -0.0661 · comparable 0.15	−$223,015
Floor area	this home 226 m² · comparable 133.88 m²	+$172,670
Bedrooms	this home 5 · comparable 4	+$132,238
Micro-location	this home -0.0232 · comparable 0.1047	−$131,993
Land size	this home 954 m² · comparable 295 m²	+$90,151
Year built	this home 1975 · comparable 2005	−$85,944
Pool	this home 1 · comparable 0	+$64,000
Distance to beach	this home 3.94 km · comparable 5.05 km	+$19,273
Cladding	this home 2 · comparable 3	−$7,260
Net adjustment		+$30,120

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

5 Pristine Court

Sold 21 November 2025 · 1.49 km away

Sold for

$1,490,000

Adjusted to this home

$1,528,178

What we added and subtracted to make this sale comparable to 8 Grevillea Drive
Bedrooms	this home 5 · comparable 4	+$132,238
Land size	this home 954 m² · comparable 401 m²	+$75,650
Street	this home -0.0661 · comparable -0.0146	−$61,388
Year built	this home 1975 · comparable 1996	−$60,161
Micro-location	this home -0.0232 · comparable 0.0136	−$43,866
Distance to beach	this home 3.94 km · comparable 3.71 km	−$6,169
Floor area	this home 226 m² · comparable 225 m²	+$1,874
Net adjustment		+$38,178

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 8 Grevillea 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 8 Grevillea 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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 →

8 Grevillea 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

40 Gerona Circuit

5 Palma Crescent

15 Comore Drive

13 Saint Paul Crescent

20 Daryl Drive

103 Bayswater Avenue

5 Pristine Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 8 Grevillea Drive sit?