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 · 0.69 km away

Sold for

$1,515,000

Adjusted to this home

$1,447,369

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Micro-location	this home 0.1302 · comparable 0.0574	+$88,234
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 2 · comparable 4	−$40,000
Land size	this home 500 m² · comparable 570 m²	−$22,120
Bedrooms	this home 3 · comparable 4	−$21,358
Year built	this home 2002 · comparable 1999	+$10,682
Floor area	this home 138 m² · comparable 151 m²	−$9,724
Distance to beach	this home 4.44 km · comparable 3.98 km	−$9,345
Net adjustment		−$67,631

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

40 Gerona Circuit

Sold 26 May 2026 · 0.72 km away

Sold for

$1,410,000

Adjusted to this home

$1,410,757

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Micro-location	this home 0.1302 · comparable 0.0943	+$40,495
Floor area	this home 138 m² · comparable 188 m²	−$37,400
Land size	this home 500 m² · comparable 400 m²	+$31,600
Bedrooms	this home 3 · comparable 4	−$21,358
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.44 km · comparable 5.03 km	+$10,981
Year built	this home 2002 · comparable 2003	−$3,561
Net adjustment		+$757

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

41 Gerona Circuit

Sold 26 May 2026 · 0.79 km away

Sold for

$1,410,000

Adjusted to this home

$1,442,335

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.1302 · comparable 0.0822	+$54,144
Land size	this home 500 m² · comparable 586 m²	−$27,176
Floor area	this home 138 m² · comparable 174 m²	−$26,928
Bedrooms	this home 3 · comparable 4	−$21,358
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.44 km · comparable 5.15 km	+$13,214
Year built	this home 2002 · comparable 2003	−$3,561
Net adjustment		+$32,335

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

49 Lantau Crescent

Sold 21 January 2026 · 0.70 km away

Sold for

$1,475,000

Adjusted to this home

$1,504,497

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Micro-location	this home 0.1302 · comparable 0.0831	+$55,578
Land size	this home 500 m² · comparable 400 m²	+$31,600
Floor area	this home 138 m² · comparable 176.74 m²	−$28,978
Bedrooms	this home 3 · comparable 4	−$21,358
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.44 km · comparable 5.09 km	+$12,655
Net adjustment		+$29,497

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

11 Grenada Court

Sold 12 June 2026 · 0.20 km away

Sold for

$1,350,000

Adjusted to this home

$1,494,906

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Land size	this home 500 m² · comparable 295 m²	+$64,780
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 138 m² · comparable 118.7 m²	+$14,436
Distance to beach	this home 4.44 km · comparable 4.65 km	+$3,742
Micro-location	this home 0.1302 · comparable 0.1321	−$2,052
Net adjustment		+$144,906

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

22 Mapleton Circuit

Sold 1 June 2026 · 0.74 km away

Sold for

$1,500,000

Adjusted to this home

$1,588,480

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Micro-location	this home 0.1302 · comparable 0.0233	+$128,280
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 138 m² · comparable 213.39 m²	−$56,392
Land size	this home 500 m² · comparable 640 m²	−$44,240
Distance to beach	this home 4.44 km · comparable 4.28 km	−$3,168
Net adjustment		+$88,480

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

31 Roundelay Drive

Sold 30 July 2026 · 0.86 km away

Sold for

$1,380,000

Adjusted to this home

$1,557,666

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Micro-location	this home 0.1302 · comparable 0.0311	+$109,406
Pool	this home 1 · comparable 0	+$64,000
Year built	this home 2002 · comparable 1994	+$28,486
Land size	this home 500 m² · comparable 420 m²	+$25,280
Bedrooms	this home 3 · comparable 4	−$21,358
Distance to beach	this home 4.44 km · comparable 3.59 km	−$18,199
Floor area	this home 138 m² · comparable 151.3 m²	−$9,949
Net adjustment		+$177,666

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

13 Kodiak Drive

Sold 24 August 2026 · 0.40 km away

Sold for

$1,820,000

Adjusted to this home

$1,621,582

What we added and subtracted to make this sale comparable to 9 Avellino Drive
Floor area	this home 138 m² · comparable 202.99 m²	−$48,613
Storeys	this home 1 · comparable 2	−$45,099
Land size	this home 500 m² · comparable 640 m²	−$44,240
Car spaces	this home 2 · comparable 3	−$32,000
Bedrooms	this home 3 · comparable 4	−$21,358
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.44 km · comparable 4.84 km	+$9,610
Micro-location	this home 0.1302 · comparable 0.1255	+$6,843
Year built	this home 2002 · comparable 2003	−$3,561
Net adjustment		−$198,418

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 9 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 9 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

19 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 →

9 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

40 Gerona Circuit

41 Gerona Circuit

49 Lantau Crescent

11 Grenada Court

22 Mapleton Circuit

31 Roundelay Drive

13 Kodiak Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 9 Avellino Drive sit?