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.

3 Massachusetts Court

Sold 22 July 2026 · 0.09 km away

Sold for

$1,400,000

Adjusted to this home

$1,705,563

What we added and subtracted to make this sale comparable to 1 Washington Court
Floor area	this home 320 m² · comparable 120.1 m²	+$174,379
Condition	this home 9 · comparable 7	+$57,026
Street	this home 0.15 · comparable 0.0616	+$40,329
Bathrooms	this home 3 · comparable 2	+$19,624
Cladding	this home 3 · comparable 2	+$10,689
Year built	this home 2006 · comparable 1996	+$3,027
Land size	this home 630 m² · comparable 410 m²	+$717
Micro-location	this home 0.056 · comparable 0.0574	−$638
Distance to beach	this home 3.06 km · comparable 3.1 km	+$410
Net adjustment		+$305,563

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

17 North Shore Avenue

Sold 22 April 2026 · 1.07 km away

Sold for

$1,685,000

Adjusted to this home

$1,828,298

What we added and subtracted to make this sale comparable to 1 Washington Court
Bedrooms	this home 4 · comparable 5	−$123,587
Condition	this home 9 · comparable 8	+$101,100
Floor area	this home 320 m² · comparable 289.47 m²	+$65,383
Cladding	this home 3 · comparable 1	+$52,483
Micro-location	this home 0.056 · comparable 0.021	+$47,180
Storeys	this home 1 · comparable 2	−$40,000
Distance to beach	this home 3.06 km · comparable 3.99 km	+$28,207
Street	this home 0.15 · comparable 0.1355	+$19,546
Car spaces	this home 2 · comparable 3	−$12,482
Year built	this home 2006 · comparable 2001	+$3,716
Land size	this home 630 m² · comparable 411 m²	+$1,752
Net adjustment		+$143,298

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

8 Cumberland Drive

Sold 3 June 2026 · 0.95 km away

Sold for

$1,415,000

Adjusted to this home

$1,756,585

What we added and subtracted to make this sale comparable to 1 Washington Court
Floor area	this home 320 m² · comparable 167.88 m²	+$134,442
Condition	this home 9 · comparable 7	+$58,394
Bedrooms	this home 4 · comparable 3	+$51,002
Street	this home 0.15 · comparable 0.0563	+$43,772
Bathrooms	this home 3 · comparable 2	+$19,882
Cladding	this home 3 · comparable 2	+$10,830
Pool	this home 1 · comparable 0	+$9,482
Distance to beach	this home 3.06 km · comparable 3.55 km	+$5,150
Micro-location	this home 0.056 · comparable 0.0462	+$4,578
Year built	this home 2006 · comparable 1992	+$4,294
Land size	this home 630 m² · comparable 703 m²	−$241
Net adjustment		+$341,585

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

31 Roundelay Drive

Sold 30 July 2026 · 0.59 km away

Sold for

$1,380,000

Adjusted to this home

$1,761,626

What we added and subtracted to make this sale comparable to 1 Washington Court
Floor area	this home 320 m² · comparable 151.3 m²	+$175,925
Street	this home 0.15 · comparable -0.023	+$93,001
Condition	this home 9 · comparable 8	+$40,318
Bathrooms	this home 3 · comparable 2	+$23,460
Micro-location	this home 0.056 · comparable 0.0311	+$13,386
Cladding	this home 3 · comparable 2	+$12,778
Pool	this home 1 · comparable 0	+$11,188
Distance to beach	this home 3.06 km · comparable 3.59 km	+$6,410
Year built	this home 2006 · comparable 1994	+$4,342
Land size	this home 630 m² · comparable 420 m²	+$818
Net adjustment		+$381,626

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

25 Pristine Court

Sold 27 July 2026 · 0.54 km away

Sold for

$1,477,500

Adjusted to this home

$1,832,100

What we added and subtracted to make this sale comparable to 1 Washington Court
Floor area	this home 320 m² · comparable 142 m²	+$135,301
Street	this home 0.15 · comparable -0.0146	+$69,054
Condition	this home 9 · comparable 7	+$52,441
Bedrooms	this home 4 · comparable 3	+$43,865
Bathrooms	this home 3 · comparable 2	+$17,100
Micro-location	this home 0.056 · comparable 0.0287	+$11,453
Cladding	this home 3 · comparable 2	+$9,314
Pool	this home 1 · comparable 0	+$8,155
Distance to beach	this home 3.06 km · comparable 3.56 km	+$4,720
Year built	this home 2006 · comparable 1996	+$2,638
Land size	this home 630 m² · comparable 433 m²	+$559
Net adjustment		+$354,600

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

18 Massachusetts Court

Sold 9 July 2026 · 0.20 km away

Sold for

$1,450,000

Adjusted to this home

$1,798,000

What we added and subtracted to make this sale comparable to 1 Washington Court
Floor area	this home 320 m² · comparable 137 m²	+$252,939
Street	this home 0.15 · comparable 0.0616	+$66,182
Bathrooms	this home 3 · comparable 2	+$31,094
Micro-location	this home 0.056 · comparable 0.0654	−$7,038
Year built	this home 2006 · comparable 1997	+$4,317
Distance to beach	this home 3.06 km · comparable 3.09 km	+$506
Net adjustment		+$348,000

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

16 Stanford Avenue

Sold 25 September 2026 · 0.38 km away

Sold for

$1,185,000

Adjusted to this home

$1,471,453

What we added and subtracted to make this sale comparable to 1 Washington Court
Floor area	this home 320 m² · comparable 149.41 m²	+$156,050
Bedrooms	this home 4 · comparable 3	+$52,790
Condition	this home 9 · comparable 7	+$50,617
Bathrooms	this home 3 · comparable 2	+$20,579
Pool	this home 1 · comparable 0	+$9,814
Micro-location	this home 0.056 · comparable 0.0704	−$5,831
Year built	this home 2006 · comparable 1996	+$3,174
Distance to beach	this home 3.06 km · comparable 2.9 km	−$1,458
Land size	this home 630 m² · comparable 420 m²	+$718
Net adjustment		+$286,453

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

8 Morea Court

Sold 27 August 2026 · 0.92 km away

Sold for

$1,230,000

Adjusted to this home

$1,530,131

What we added and subtracted to make this sale comparable to 1 Washington Court
Floor area	this home 320 m² · comparable 148.5 m²	+$188,397
Condition	this home 9 · comparable 7	+$63,092
Bathrooms	this home 3 · comparable 2	+$24,713
Car spaces	this home 2 · comparable 4	−$12,805
Micro-location	this home 0.056 · comparable 0.0312	+$12,518
Pool	this home 1 · comparable 0	+$11,786
Distance to beach	this home 3.06 km · comparable 3.93 km	+$9,880
Year built	this home 2006 · comparable 2001	+$1,906
Land size	this home 630 m² · comparable 473 m²	+$644
Net adjustment		+$300,131

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 Washington 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 Washington 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

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 Washington Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

17 North Shore Avenue

8 Cumberland Drive

31 Roundelay Drive

25 Pristine Court

18 Massachusetts Court

16 Stanford Avenue

8 Morea Court

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