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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.49 km away

Sold for

$1,400,000

Adjusted to this home

$1,351,724

What we added and subtracted to make this sale comparable to 12 Largo Place
Condition	this home 7 · comparable 8	−$56,000
Bedrooms	this home 4 · comparable 3	+$50,666
Cladding	this home 2 · comparable 3	−$38,026
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 616 m² · comparable 405 m²	+$18,399
Micro-location	this home 0.0379 · comparable 0.0223	+$17,472
Floor area	this home 137 m² · comparable 145 m²	−$12,973
Distance to beach	this home 3.6 km · comparable 3.92 km	+$8,064
Year built	this home 1992 · comparable 1995	−$3,878
Net adjustment		−$48,276

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

31 Roundelay Drive

Sold 30 July 2026 · 0.39 km away

Sold for

$1,380,000

Adjusted to this home

$1,376,088

What we added and subtracted to make this sale comparable to 12 Largo Place
Pool	this home 1 · comparable 0	+$84,714
Condition	this home 7 · comparable 8	−$55,200
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 137 m² · comparable 151.3 m²	−$23,189
Land size	this home 616 m² · comparable 420 m²	+$17,091
Micro-location	this home 0.0379 · comparable 0.0311	+$7,507
Year built	this home 1992 · comparable 1994	−$2,586
Distance to beach	this home 3.6 km · comparable 3.59 km	−$249
Net adjustment		−$3,912

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

3 Massachusetts Court

Sold 22 July 2026 · 0.72 km away

Sold for

$1,400,000

Adjusted to this home

$1,373,757

What we added and subtracted to make this sale comparable to 12 Largo Place
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 137 m² · comparable 120.1 m²	+$27,405
Micro-location	this home 0.0379 · comparable 0.0574	−$21,840
Land size	this home 616 m² · comparable 410 m²	+$17,963
Distance to beach	this home 3.6 km · comparable 3.1 km	−$12,600
Year built	this home 1992 · comparable 1996	−$5,171
Net adjustment		−$26,243

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

21 Altissimo Close

Sold 3 February 2026 · 0.33 km away

Sold for

$1,355,000

Adjusted to this home

$1,346,400

What we added and subtracted to make this sale comparable to 12 Largo Place
Condition	this home 7 · comparable 9	−$135,500
Pool	this home 1 · comparable 0	+$84,714
Bedrooms	this home 4 · comparable 3	+$50,666
Cladding	this home 2 · comparable 3	−$38,026
Floor area	this home 137 m² · comparable 114 m²	+$37,297
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 616 m² · comparable 413 m²	+$17,702
Micro-location	this home 0.0379 · comparable 0.0315	+$6,938
Year built	this home 1992 · comparable 1994	−$2,586
Distance to beach	this home 3.6 km · comparable 3.69 km	+$2,195
Net adjustment		−$8,600

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

16 Stanford Avenue

Sold 25 September 2026 · 0.73 km away

Sold for

$1,185,000

Adjusted to this home

$1,196,409

What we added and subtracted to make this sale comparable to 12 Largo Place
Pool	this home 1 · comparable 0	+$84,714
Bedrooms	this home 4 · comparable 3	+$50,666
Cladding	this home 2 · comparable 3	−$38,026
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0379 · comparable 0.0704	−$30,810
Floor area	this home 137 m² · comparable 149.41 m²	−$20,124
Land size	this home 616 m² · comparable 420 m²	+$17,091
Distance to beach	this home 3.6 km · comparable 2.9 km	−$14,931
Year built	this home 1992 · comparable 1996	−$5,171
Net adjustment		+$11,409

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

28 Pristine Court

Sold 8 October 2026 · 0.57 km away

Sold for

$1,170,000

Adjusted to this home

$1,196,963

What we added and subtracted to make this sale comparable to 12 Largo Place
Bedrooms	this home 4 · comparable 3	+$50,666
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 616 m² · comparable 414 m²	+$17,614
Floor area	this home 137 m² · comparable 141.71 m²	−$7,638
Year built	this home 1992 · comparable 1995	−$3,878
Micro-location	this home 0.0379 · comparable 0.0342	+$3,463
Distance to beach	this home 3.6 km · comparable 3.54 km	−$1,264
Net adjustment		+$26,963

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

8 Cumberland Drive

Sold 3 June 2026 · 0.24 km away

Sold for

$1,415,000

Adjusted to this home

$1,450,050

What we added and subtracted to make this sale comparable to 12 Largo Place
Pool	this home 1 · comparable 0	+$84,714
Bedrooms	this home 4 · comparable 3	+$50,666
Floor area	this home 137 m² · comparable 167.88 m²	−$50,075
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0379 · comparable 0.0462	−$9,395
Land size	this home 616 m² · comparable 703 m²	−$7,586
Distance to beach	this home 3.6 km · comparable 3.55 km	−$1,274
Net adjustment		+$35,050

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

6 Pristine Court

Sold 30 June 2026 · 0.48 km away

Sold for

$1,220,000

Adjusted to this home

$1,352,526

What we added and subtracted to make this sale comparable to 12 Largo Place
Pool	this home 1 · comparable 0	+$84,714
Bedrooms	this home 4 · comparable 3	+$50,666
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0379 · comparable 0.0126	+$24,693
Land size	this home 616 m² · comparable 426 m²	+$16,568
Floor area	this home 137 m² · comparable 143.96 m²	−$11,286
Year built	this home 1992 · comparable 1994	−$2,586
Distance to beach	this home 3.6 km · comparable 3.68 km	+$1,757
Net adjustment		+$132,526

A further 9 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 12 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 12 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

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 →

12 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

9 Gainsborough Drive

31 Roundelay Drive

3 Massachusetts Court

21 Altissimo Close

16 Stanford Avenue

28 Pristine Court

8 Cumberland Drive

6 Pristine Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 12 Largo Place sit?