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 · 0.40 km away

Sold for

$1,515,000

Adjusted to this home

$1,434,018

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 151 m²	+$300,269
Condition	this home 7 · comparable 9	−$151,500
Bedrooms	this home 3 · comparable 4	−$70,555
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$43,189
Cladding	this home 2 · comparable 4	−$40,000
Micro-location	this home 0.044 · comparable 0.0574	−$16,241
Distance to beach	this home 3.61 km · comparable 3.98 km	+$10,090
Year built	this home 1993 · comparable 1999	−$4,992
Land size	this home 498 m² · comparable 570 m²	−$864
Net adjustment		−$80,982

A further 7 factors were compared and found the same on both properties, so no money moved.

77 Southlake Drive

Sold 20 November 2025 · 0.35 km away

Sold for

$1,505,000

Adjusted to this home

$1,532,375

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 113.49 m²	+$372,468
Water views	this home 0 · comparable 1	−$237,319
Condition	this home 7 · comparable 9	−$150,500
Car spaces	this home 2 · comparable 1	+$32,000
Micro-location	this home 0.044 · comparable 0.0379	+$7,344
Distance to beach	this home 3.61 km · comparable 3.78 km	+$4,606
Land size	this home 498 m² · comparable 600 m²	−$1,224
Net adjustment		+$27,375

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

5 Pristine Court

Sold 21 November 2025 · 0.55 km away

Sold for

$1,490,000

Adjusted to this home

$1,512,077

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 225 m²	+$157,834
Bedrooms	this home 3 · comparable 4	−$70,555
Condition	this home 7 · comparable 8	−$59,600
Pool	this home 0 · comparable 1	−$43,189
Micro-location	this home 0.044 · comparable 0.0136	+$36,237
Distance to beach	this home 3.61 km · comparable 3.71 km	+$2,682
Year built	this home 1993 · comparable 1996	−$2,496
Land size	this home 498 m² · comparable 401 m²	+$1,164
Net adjustment		+$22,077

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

21 Cumberland Drive

Sold 4 December 2025 · 0.04 km away

Sold for

$1,450,000

Adjusted to this home

$1,534,026

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 157 m²	+$288,720
Condition	this home 7 · comparable 9	−$145,000
Pool	this home 0 · comparable 1	−$43,189
Cladding	this home 2 · comparable 3	−$20,000
Micro-location	this home 0.044 · comparable 0.0427	+$1,508
Year built	this home 1993 · comparable 1992	+$832
Distance to beach	this home 3.61 km · comparable 3.64 km	+$783
Land size	this home 498 m² · comparable 467 m²	+$372
Net adjustment		+$84,026

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

31 Roundelay Drive

Sold 30 July 2026 · 0.50 km away

Sold for

$1,380,000

Adjusted to this home

$1,567,785

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 151.3 m²	+$299,691
Bedrooms	this home 3 · comparable 4	−$70,555
Condition	this home 7 · comparable 8	−$55,200
Micro-location	this home 0.044 · comparable 0.0311	+$14,242
Land size	this home 498 m² · comparable 420 m²	+$936
Year built	this home 1993 · comparable 1994	−$832
Distance to beach	this home 3.61 km · comparable 3.59 km	−$497
Net adjustment		+$187,785

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.40 km away

Sold for

$1,400,000

Adjusted to this home

$1,624,197

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 145 m²	+$311,818
Condition	this home 7 · comparable 8	−$56,000
Pool	this home 0 · comparable 1	−$43,189
Micro-location	this home 0.044 · comparable 0.0223	+$24,304
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 3.61 km · comparable 3.92 km	+$7,812
Year built	this home 1993 · comparable 1995	−$1,664
Land size	this home 498 m² · comparable 405 m²	+$1,116
Net adjustment		+$224,197

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

3 Massachusetts Court

Sold 22 July 2026 · 0.80 km away

Sold for

$1,400,000

Adjusted to this home

$1,616,701

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 120.1 m²	+$359,745
Bedrooms	this home 3 · comparable 4	−$70,555
Pool	this home 0 · comparable 1	−$43,189
Micro-location	this home 0.044 · comparable 0.0574	−$15,008
Distance to beach	this home 3.61 km · comparable 3.1 km	−$12,852
Year built	this home 1993 · comparable 1996	−$2,496
Land size	this home 498 m² · comparable 410 m²	+$1,056
Net adjustment		+$216,701

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

56 Southlake Drive

Sold 21 July 2026 · 0.28 km away

Sold for

$1,660,000

Adjusted to this home

$1,647,515

What we added and subtracted to make this sale comparable to 1 Largo Place
Floor area	this home 307 m² · comparable 133 m²	+$334,915
Condition	this home 7 · comparable 9	−$166,000
Bedrooms	this home 3 · comparable 4	−$70,555
Pool	this home 0 · comparable 1	−$43,189
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 2 · comparable 3	−$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.61 km · comparable 3.76 km	+$4,482
Micro-location	this home 0.044 · comparable 0.0447	−$930
Land size	this home 498 m² · comparable 432 m²	+$792
Net adjustment		−$12,485

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 1 Largo Place 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 Largo Place 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 →

1 Largo Place

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

77 Southlake Drive

5 Pristine Court

21 Cumberland Drive

31 Roundelay Drive

9 Gainsborough Drive

3 Massachusetts Court

56 Southlake Drive

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