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.

20 Daryl Drive

Sold 29 October 2025 · 0.71 km away

Sold for

$1,570,000

Adjusted to this home

$1,546,053

What we added and subtracted to make this sale comparable to 1 Placid Court
Condition	this home 6 · comparable 9	−$219,800
Land size	this home 887 m² · comparable 586 m²	+$132,440
Street	this home 0.15 · comparable 0.0704	+$99,978
Bedrooms	this home 3 · comparable 4	−$73,602
Year built	this home 1990 · comparable 1998	−$41,715
Bathrooms	this home 3 · comparable 2	+$32,694
Distance to beach	this home 3.33 km · comparable 4.03 km	+$19,556
Micro-location	this home 0.0437 · comparable 0.0291	+$18,338
Floor area	this home 206 m² · comparable 201.88 m²	+$8,164
Net adjustment		−$23,947

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

52 Warbler Parade

Sold 15 December 2025 · 0.95 km away

Sold for

$1,425,000

Adjusted to this home

$1,536,891

What we added and subtracted to make this sale comparable to 1 Placid Court
Land size	this home 887 m² · comparable 639 m²	+$109,120
Street	this home 0.15 · comparable 0.0764	+$83,904
Bedrooms	this home 3 · comparable 4	−$73,602
Condition	this home 6 · comparable 7	−$57,000
Floor area	this home 206 m² · comparable 187.1 m²	+$37,452
Bathrooms	this home 3 · comparable 2	+$32,694
Year built	this home 1990 · comparable 1996	−$31,286
Distance to beach	this home 3.33 km · comparable 2.54 km	−$20,263
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$19,878
Micro-location	this home 0.0437 · comparable 0.0516	−$9,006
Net adjustment		+$111,891

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

4 Barbie Avenue

Sold 5 August 2026 · 0.70 km away

Sold for

$1,515,000

Adjusted to this home

$1,380,651

What we added and subtracted to make this sale comparable to 1 Placid Court
Condition	this home 6 · comparable 9	−$212,100
Land size	this home 887 m² · comparable 570 m²	+$139,480
Floor area	this home 206 m² · comparable 151 m²	+$108,988
Bedrooms	this home 3 · comparable 4	−$73,602
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 1990 · comparable 1999	−$46,930
Bathrooms	this home 3 · comparable 2	+$32,694
Cladding	this home 3 · comparable 4	−$20,000
Distance to beach	this home 3.33 km · comparable 3.98 km	+$17,726
Micro-location	this home 0.0437 · comparable 0.0574	−$16,605
Net adjustment		−$134,349

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

77 Southlake Drive

Sold 20 November 2025 · 0.60 km away

Sold for

$1,505,000

Adjusted to this home

$1,625,520

What we added and subtracted to make this sale comparable to 1 Placid Court
Condition	this home 6 · comparable 9	−$210,700
Water views	this home 0 · comparable 1	−$205,074
Floor area	this home 206 m² · comparable 113.49 m²	+$183,318
Land size	this home 887 m² · comparable 600 m²	+$126,280
Street	this home 0.15 · comparable 0.0515	+$118,594
Bathrooms	this home 3 · comparable 2	+$32,694
Car spaces	this home 2 · comparable 1	+$32,000
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$19,878
Year built	this home 1990 · comparable 1993	−$15,643
Distance to beach	this home 3.33 km · comparable 3.78 km	+$12,190
Micro-location	this home 0.0437 · comparable 0.0379	+$6,983
Net adjustment		+$120,520

A further 6 factors were compared and found the same on both properties, so no money moved.

3 Dorothy Place

Sold 27 March 2026 · 0.57 km away

Sold for

$1,300,000

Adjusted to this home

$1,573,346

What we added and subtracted to make this sale comparable to 1 Placid Court
Land size	this home 887 m² · comparable 410 m²	+$145,314
Floor area	this home 206 m² · comparable 129.58 m²	+$104,847
Bathrooms	this home 3 · comparable 2	+$22,636
Year built	this home 1990 · comparable 1995	−$18,051
Cladding	this home 3 · comparable 2	+$13,847
Distance to beach	this home 3.33 km · comparable 3.81 km	+$7,777
Micro-location	this home 0.0437 · comparable 0.0479	−$3,024
Net adjustment		+$273,346

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

8 Cumberland Drive

Sold 3 June 2026 · 0.21 km away

Sold for

$1,415,000

Adjusted to this home

$1,685,883

What we added and subtracted to make this sale comparable to 1 Placid Court
Street	this home 0.15 · comparable 0.0563	+$106,069
Land size	this home 887 m² · comparable 703 m²	+$80,960
Floor area	this home 206 m² · comparable 167.88 m²	+$75,538
Condition	this home 6 · comparable 7	−$56,600
Bathrooms	this home 3 · comparable 2	+$32,694
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$19,878
Year built	this home 1990 · comparable 1992	−$10,429
Distance to beach	this home 3.33 km · comparable 3.55 km	+$5,603
Micro-location	this home 0.0437 · comparable 0.0462	−$2,830
Net adjustment		+$270,883

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

16 Stanford Avenue

Sold 25 September 2026 · 0.59 km away

Sold for

$1,185,000

Adjusted to this home

$1,442,020

What we added and subtracted to make this sale comparable to 1 Placid Court
Land size	this home 887 m² · comparable 420 m²	+$205,480
Floor area	this home 206 m² · comparable 149.41 m²	+$112,138
Condition	this home 6 · comparable 7	−$47,400
Bathrooms	this home 3 · comparable 2	+$32,694
Year built	this home 1990 · comparable 1996	−$31,286
Micro-location	this home 0.0437 · comparable 0.0704	−$25,312
Pool	this home 1 · comparable 0	+$19,878
Distance to beach	this home 3.33 km · comparable 2.9 km	−$9,172
Net adjustment		+$257,020

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

56 Southlake Drive

Sold 21 July 2026 · 0.55 km away

Sold for

$1,660,000

Adjusted to this home

$1,806,234

What we added and subtracted to make this sale comparable to 1 Placid Court
Condition	this home 6 · comparable 9	−$232,400
Land size	this home 887 m² · comparable 432 m²	+$200,200
Floor area	this home 206 m² · comparable 133 m²	+$144,657
Street	this home 0.15 · comparable 0.0515	+$130,808
Bedrooms	this home 3 · comparable 4	−$73,602
Bathrooms	this home 3 · comparable 2	+$32,694
Car spaces	this home 2 · comparable 3	−$32,000
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 1990 · comparable 1993	−$15,643
Distance to beach	this home 3.33 km · comparable 3.76 km	+$12,848
Micro-location	this home 0.0437 · comparable 0.0447	−$1,328
Net adjustment		+$146,234

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 Placid Court 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 Placid Court 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 Placid Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

20 Daryl Drive

52 Warbler Parade

4 Barbie Avenue

77 Southlake Drive

3 Dorothy Place

8 Cumberland Drive

16 Stanford Avenue

56 Southlake Drive

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