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.

15 Southlake Drive

Sold 9 September 2026 · 1.00 km away

Sold for

$1,430,000

Adjusted to this home

$1,557,941

What we added and subtracted to make this sale comparable to 1 Laura Place
Floor area	this home 225 m² · comparable 141 m²	+$163,094
Year built	this home 2007 · comparable 1993	+$32,446
Water views	this home 0 · comparable 1	−$24,249
Distance to beach	this home 4.36 km · comparable 3.52 km	−$19,150
Micro-location	this home 0.0265 · comparable 0.0385	−$13,728
Land size	this home 514 m² · comparable 591 m²	−$10,472
Net adjustment		+$127,941

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.53 km away

Sold for

$1,400,000

Adjusted to this home

$1,601,071

What we added and subtracted to make this sale comparable to 1 Laura Place
Floor area	this home 225 m² · comparable 145 m²	+$155,328
Bedrooms	this home 4 · comparable 3	+$127,073
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 8	−$56,000
Year built	this home 2007 · comparable 1995	+$27,811
Land size	this home 514 m² · comparable 405 m²	+$14,824
Distance to beach	this home 4.36 km · comparable 3.92 km	−$8,669
Micro-location	this home 0.0265 · comparable 0.0223	+$4,704
Net adjustment		+$201,071

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

21 Cumberland Drive

Sold 4 December 2025 · 0.89 km away

Sold for

$1,450,000

Adjusted to this home

$1,506,180

What we added and subtracted to make this sale comparable to 1 Laura Place
Condition	this home 7 · comparable 9	−$145,000
Floor area	this home 225 m² · comparable 157 m²	+$132,029
Bedrooms	this home 4 · comparable 3	+$127,073
Pool	this home 0 · comparable 1	−$64,000
Year built	this home 2007 · comparable 1992	+$34,764
Micro-location	this home 0.0265 · comparable 0.0427	−$18,792
Distance to beach	this home 4.36 km · comparable 3.64 km	−$16,286
Land size	this home 514 m² · comparable 467 m²	+$6,392
Net adjustment		+$56,180

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

1 Thornleigh Crescent

Sold 24 March 2026 · 0.80 km away

Sold for

$1,715,000

Adjusted to this home

$1,715,747

What we added and subtracted to make this sale comparable to 1 Laura Place
Floor area	this home 225 m² · comparable 188 m²	+$71,839
Car spaces	this home 2 · comparable 3	−$51,752
Year built	this home 2007 · comparable 1994	+$30,129
Micro-location	this home 0.0265 · comparable 0.0468	−$27,851
Land size	this home 514 m² · comparable 692 m²	−$24,208
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.36 km · comparable 3.7 km	−$17,410
Net adjustment		+$747

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

39 Brier Crescent

Sold 16 May 2026 · 0.05 km away

Sold for

$1,302,000

Adjusted to this home

$1,499,123

What we added and subtracted to make this sale comparable to 1 Laura Place
Floor area	this home 225 m² · comparable 141 m²	+$163,094
Bedrooms	this home 4 · comparable 3	+$127,073
Condition	this home 7 · comparable 8	−$52,080
Car spaces	this home 2 · comparable 3	−$51,752
Cladding	this home 3 · comparable 1	+$40,000
Land size	this home 514 m² · comparable 708 m²	−$26,384
Year built	this home 2007 · comparable 2013	−$13,906
Micro-location	this home 0.0265 · comparable 0.0157	+$11,250
Distance to beach	this home 4.36 km · comparable 4.35 km	−$172
Net adjustment		+$197,123

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

11 Grenada Court

Sold 12 June 2026 · 1.14 km away

Sold for

$1,350,000

Adjusted to this home

$1,581,957

What we added and subtracted to make this sale comparable to 1 Laura Place
Floor area	this home 225 m² · comparable 118.7 m²	+$206,392
Bedrooms	this home 4 · comparable 3	+$127,073
Micro-location	this home 0.0265 · comparable 0.1321	−$114,048
Condition	this home 7 · comparable 8	−$54,000
Land size	this home 514 m² · comparable 295 m²	+$29,784
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 2002	+$11,588
Distance to beach	this home 4.36 km · comparable 4.65 km	+$5,168
Net adjustment		+$231,957

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

8 Cumberland Drive

Sold 3 June 2026 · 0.92 km away

Sold for

$1,415,000

Adjusted to this home

$1,641,550

What we added and subtracted to make this sale comparable to 1 Laura Place
Bedrooms	this home 4 · comparable 3	+$127,073
Floor area	this home 225 m² · comparable 167.88 m²	+$110,904
Year built	this home 2007 · comparable 1992	+$34,764
Land size	this home 514 m² · comparable 703 m²	−$25,704
Micro-location	this home 0.0265 · comparable 0.0462	−$22,301
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.36 km · comparable 3.55 km	−$18,186
Net adjustment		+$226,550

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

56 Southlake Drive

Sold 21 July 2026 · 0.91 km away

Sold for

$1,660,000

Adjusted to this home

$1,541,244

What we added and subtracted to make this sale comparable to 1 Laura Place
Floor area	this home 225 m² · comparable 133 m²	+$178,627
Condition	this home 7 · comparable 9	−$166,000
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 2 · comparable 3	−$51,752
Year built	this home 2007 · comparable 1993	+$32,446
Micro-location	this home 0.0265 · comparable 0.0447	−$24,170
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.36 km · comparable 3.76 km	−$15,059
Land size	this home 514 m² · comparable 432 m²	+$11,152
Net adjustment		−$118,756

A further 8 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 Laura 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 Laura 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

18 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 Laura Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

15 Southlake Drive

9 Gainsborough Drive

21 Cumberland Drive

1 Thornleigh Crescent

39 Brier Crescent

11 Grenada Court

8 Cumberland Drive

56 Southlake Drive

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