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 · 0.39 km away

Sold for

$1,515,000

Adjusted to this home

$1,398,559

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Car spaces	this home 2 · comparable 4	−$112,528
Floor area	this home 170 m² · comparable 151 m²	+$37,118
Micro-location	this home 0.0275 · comparable 0.0574	−$36,238
Land size	this home 739 m² · comparable 570 m²	+$22,984
Cladding	this home 3 · comparable 4	−$21,922
Year built	this home 1996 · comparable 1999	−$8,582
Distance to beach	this home 3.88 km · comparable 3.98 km	+$2,727
Net adjustment		−$116,441

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

20 Daryl Drive

Sold 29 October 2025 · 0.16 km away

Sold for

$1,570,000

Adjusted to this home

$1,484,867

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Floor area	this home 170 m² · comparable 201.88 m²	−$62,281
Street	this home 0.0386 · comparable 0.0704	−$39,941
Land size	this home 739 m² · comparable 586 m²	+$20,808
Year built	this home 1996 · comparable 1998	−$5,722
Distance to beach	this home 3.88 km · comparable 4.03 km	+$4,013
Micro-location	this home 0.0275 · comparable 0.0291	−$2,010
Net adjustment		−$85,133

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

15 Comore Drive

Sold 16 January 2026 · 0.60 km away

Sold for

$1,350,000

Adjusted to this home

$1,534,272

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Condition	this home 9 · comparable 6	+$189,000
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.0275 · comparable 0.0738	−$50,004
Street	this home 0.0386 · comparable 0.0785	−$43,092
Land size	this home 739 m² · comparable 423 m²	+$42,976
Floor area	this home 170 m² · comparable 184 m²	−$27,350
Cladding	this home 3 · comparable 2	+$21,922
Year built	this home 1996 · comparable 2002	−$17,165
Distance to beach	this home 3.88 km · comparable 4.06 km	+$3,985
Net adjustment		+$184,272

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

6 Pristine Court

Sold 30 June 2026 · 0.83 km away

Sold for

$1,220,000

Adjusted to this home

$1,512,800

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$101,290
Pool	this home 1 · comparable 0	+$49,590
Street	this home 0.0386 · comparable -0.0146	+$40,233
Floor area	this home 170 m² · comparable 143.96 m²	+$39,418
Land size	this home 739 m² · comparable 426 m²	+$32,984
Cladding	this home 3 · comparable 2	+$16,986
Micro-location	this home 0.0275 · comparable 0.0126	+$11,268
Year built	this home 1996 · comparable 1994	+$4,434
Distance to beach	this home 3.88 km · comparable 3.68 km	−$3,403
Net adjustment		+$292,800

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

28 Pristine Court

Sold 8 October 2026 · 0.97 km away

Sold for

$1,170,000

Adjusted to this home

$1,464,574

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$94,303
Condition	this home 9 · comparable 7	+$84,404
Floor area	this home 170 m² · comparable 141.71 m²	+$39,870
Street	this home 0.0386 · comparable -0.0146	+$35,922
Land size	this home 739 m² · comparable 414 m²	+$31,886
Cladding	this home 3 · comparable 2	+$15,815
Distance to beach	this home 3.88 km · comparable 3.54 km	−$5,166
Micro-location	this home 0.0275 · comparable 0.0342	−$4,524
Year built	this home 1996 · comparable 1995	+$2,064
Net adjustment		+$294,574

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

3 Port Peyra Crescent

Sold 4 June 2026 · 0.96 km away

Sold for

$1,950,000

Adjusted to this home

$1,496,467

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Condition	this home 9 · comparable 7	+$195,000
Street	this home 0.0386 · comparable 0.15	−$173,784
Micro-location	this home 0.0275 · comparable 0.1346	−$167,076
Bedrooms	this home 4 · comparable 5	−$130,722
Floor area	this home 170 m² · comparable 233.19 m²	−$123,448
Storeys	this home 1 · comparable 2	−$40,000
Year built	this home 1996 · comparable 2004	−$22,886
Distance to beach	this home 3.88 km · comparable 4.65 km	+$20,943
Land size	this home 739 m² · comparable 824 m²	−$11,560
Net adjustment		−$453,533

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

4 Pascali Court

Sold 5 August 2026 · 0.85 km away

Sold for

$1,150,000

Adjusted to this home

$1,423,447

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Condition	this home 9 · comparable 6	+$83,795
Bedrooms	this home 4 · comparable 3	+$68,037
Floor area	this home 170 m² · comparable 125.33 m²	+$45,420
Street	this home 0.0386 · comparable -0.0364	+$35,912
Land size	this home 739 m² · comparable 423 m²	+$22,368
Cladding	this home 3 · comparable 2	+$11,410
Micro-location	this home 0.0275 · comparable 0.0123	+$7,278
Distance to beach	this home 3.88 km · comparable 3.67 km	−$2,262
Year built	this home 1996 · comparable 1995	+$1,489
Net adjustment		+$273,447

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

56 Southlake Drive

Sold 21 July 2026 · 0.47 km away

Sold for

$1,660,000

Adjusted to this home

$1,662,794

What we added and subtracted to make this sale comparable to 1 Gainsborough Drive
Floor area	this home 170 m² · comparable 133 m²	+$72,283
Car spaces	this home 2 · comparable 3	−$56,264
Land size	this home 739 m² · comparable 432 m²	+$41,752
Micro-location	this home 0.0275 · comparable 0.0447	−$22,842
Air conditioning	this home 0 · comparable 1	−$20,000
Street	this home 0.0386 · comparable 0.0515	−$17,131
Year built	this home 1996 · comparable 1993	+$8,582
Distance to beach	this home 3.88 km · comparable 3.76 km	−$3,586
Net adjustment		+$2,794

A further 10 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 1 Gainsborough 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 1 Gainsborough 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 →

1 Gainsborough 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

20 Daryl Drive

15 Comore Drive

6 Pristine Court

28 Pristine Court

3 Port Peyra Crescent

4 Pascali Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 1 Gainsborough Drive sit?