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 · 0.33 km away

Sold for

$1,350,000

Adjusted to this home

$1,354,261

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Condition	this home 7 · comparable 8	−$54,000
Bedrooms	this home 4 · comparable 3	+$40,034
Floor area	this home 158 m² · comparable 118.7 m²	+$33,043
Micro-location	this home 0.11 · comparable 0.1321	−$23,868
Cladding	this home 3 · comparable 2	+$7,902
Land size	this home 400 m² · comparable 295 m²	+$4,536
Distance to beach	this home 4.84 km · comparable 4.65 km	−$3,386
Net adjustment		+$4,261

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

40 Gerona Circuit

Sold 26 May 2026 · 0.25 km away

Sold for

$1,410,000

Adjusted to this home

$1,338,584

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 158 m² · comparable 188 m²	−$25,224
Micro-location	this home 0.11 · comparable 0.0943	+$17,710
Distance to beach	this home 4.84 km · comparable 5.03 km	+$3,536
Year built	this home 2002 · comparable 2003	−$3,438
Net adjustment		−$71,416

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

39 Brier Crescent

Sold 16 May 2026 · 1.01 km away

Sold for

$1,302,000

Adjusted to this home

$1,326,724

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Micro-location	this home 0.11 · comparable 0.0157	+$98,223
Condition	this home 7 · comparable 8	−$52,080
Bedrooms	this home 4 · comparable 3	+$40,034
Year built	this home 2002 · comparable 2013	−$37,822
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 3 · comparable 1	+$15,803
Floor area	this home 158 m² · comparable 141 m²	+$14,294
Land size	this home 400 m² · comparable 708 m²	−$13,306
Distance to beach	this home 4.84 km · comparable 4.35 km	−$8,422
Net adjustment		+$24,724

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

16 Marciana Crescent

Sold 31 July 2026 · 0.12 km away

Sold for

$1,225,000

Adjusted to this home

$1,345,282

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Condition	this home 7 · comparable 6	+$49,000
Bedrooms	this home 4 · comparable 3	+$40,034
Micro-location	this home 0.11 · comparable 0.0998	+$9,996
Floor area	this home 158 m² · comparable 147 m²	+$9,249
Cladding	this home 3 · comparable 2	+$7,902
Land size	this home 400 m² · comparable 350 m²	+$2,160
Distance to beach	this home 4.84 km · comparable 4.96 km	+$1,941
Net adjustment		+$120,282

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

41 Gerona Circuit

Sold 26 May 2026 · 0.33 km away

Sold for

$1,410,000

Adjusted to this home

$1,422,202

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Micro-location	this home 0.11 · comparable 0.0822	+$31,358
Floor area	this home 158 m² · comparable 174 m²	−$13,453
Land size	this home 400 m² · comparable 586 m²	−$8,035
Distance to beach	this home 4.84 km · comparable 5.15 km	+$5,770
Year built	this home 2002 · comparable 2003	−$3,438
Net adjustment		+$12,202

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.18 km away

Sold for

$1,400,000

Adjusted to this home

$1,435,502

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Micro-location	this home 0.11 · comparable 0.0223	+$98,224
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 8	−$56,000
Bedrooms	this home 4 · comparable 3	+$40,034
Year built	this home 2002 · comparable 1995	+$24,069
Distance to beach	this home 4.84 km · comparable 3.92 km	−$17,539
Floor area	this home 158 m² · comparable 145 m²	+$10,930
Land size	this home 400 m² · comparable 405 m²	−$216
Net adjustment		+$35,502

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

38 Palma Crescent

Sold 9 January 2026 · 0.35 km away

Sold for

$1,350,000

Adjusted to this home

$1,368,525

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Condition	this home 7 · comparable 8	−$54,000
Bedrooms	this home 4 · comparable 3	+$40,034
Micro-location	this home 0.11 · comparable 0.0871	+$24,732
Year built	this home 2002 · comparable 2005	−$10,315
Floor area	this home 158 m² · comparable 147.41 m²	+$8,904
Distance to beach	this home 4.84 km · comparable 5.1 km	+$4,634
Land size	this home 400 m² · comparable 295 m²	+$4,536
Net adjustment		+$18,525

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

14 Windemere Crescent

Sold 10 March 2026 · 1.19 km away

Sold for

$1,350,000

Adjusted to this home

$1,317,104

What we added and subtracted to make this sale comparable to 8 Mindelo Drive
Water views	this home 0 · comparable 1	−$170,442
Micro-location	this home 0.11 · comparable 0.0348	+$81,216
Bedrooms	this home 4 · comparable 3	+$40,034
Floor area	this home 158 m² · comparable 123.36 m²	+$29,126
Distance to beach	this home 4.84 km · comparable 4.12 km	−$12,830
Net adjustment		−$32,896

A further 12 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 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 8 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 →

8 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

41 Gerona Circuit

9 Gainsborough Drive

38 Palma Crescent

14 Windemere Crescent

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