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.

8 Cumberland Drive

Sold 3 June 2026 · 0.22 km away

Sold for

$1,415,000

Adjusted to this home

$1,400,528

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$71,902
Floor area	this home 137 m² · comparable 167.88 m²	−$63,341
Street	this home 0.016 · comparable 0.0563	−$45,619
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$11,279
Year built	this home 1988 · comparable 1992	−$7,149
Micro-location	this home 0.0413 · comparable 0.0462	−$5,547
Distance to beach	this home 3.35 km · comparable 3.55 km	+$5,094
Land size	this home 659 m² · comparable 703 m²	−$1,091
Net adjustment		−$14,472

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

3 Massachusetts Court

Sold 22 July 2026 · 0.85 km away

Sold for

$1,400,000

Adjusted to this home

$1,371,139

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Street	this home 0.016 · comparable 0.0616	−$51,072
Floor area	this home 137 m² · comparable 120.1 m²	+$34,666
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0413 · comparable 0.0574	−$18,032
Year built	this home 1988 · comparable 1996	−$14,298
Distance to beach	this home 3.35 km · comparable 3.1 km	−$6,300
Land size	this home 659 m² · comparable 410 m²	+$6,175
Net adjustment		−$28,861

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.58 km away

Sold for

$1,400,000

Adjusted to this home

$1,459,613

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$71,902
Street	this home 0.016 · comparable 0.0386	−$25,312
Micro-location	this home 0.0413 · comparable 0.0223	+$21,280
Floor area	this home 137 m² · comparable 145 m²	−$16,410
Distance to beach	this home 3.35 km · comparable 3.92 km	+$14,364
Year built	this home 1988 · comparable 1995	−$12,510
Land size	this home 659 m² · comparable 405 m²	+$6,299
Net adjustment		+$59,613

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

31 Roundelay Drive

Sold 30 July 2026 · 0.75 km away

Sold for

$1,380,000

Adjusted to this home

$1,437,430

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Street	this home 0.016 · comparable -0.023	+$43,056
Floor area	this home 137 m² · comparable 151.3 m²	−$29,332
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$11,279
Micro-location	this home 0.0413 · comparable 0.0311	+$11,261
Year built	this home 1988 · comparable 1994	−$10,723
Distance to beach	this home 3.35 km · comparable 3.59 km	+$5,962
Land size	this home 659 m² · comparable 420 m²	+$5,927
Net adjustment		+$57,430

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

4 Barbie Avenue

Sold 5 August 2026 · 0.75 km away

Sold for

$1,515,000

Adjusted to this home

$1,382,497

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 137 m² · comparable 151 m²	−$28,717
Cladding	this home 3 · comparable 4	−$20,000
Year built	this home 1988 · comparable 1999	−$19,659
Micro-location	this home 0.0413 · comparable 0.0574	−$19,514
Distance to beach	this home 3.35 km · comparable 3.98 km	+$17,180
Land size	this home 659 m² · comparable 570 m²	+$2,207
Net adjustment		−$132,503

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

16 Stanford Avenue

Sold 25 September 2026 · 0.67 km away

Sold for

$1,185,000

Adjusted to this home

$1,197,170

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$71,902
Micro-location	this home 0.0413 · comparable 0.0704	−$27,587
Floor area	this home 137 m² · comparable 149.41 m²	−$25,455
Year built	this home 1988 · comparable 1996	−$14,298
Pool	this home 1 · comparable 0	+$11,279
Distance to beach	this home 3.35 km · comparable 2.9 km	−$9,598
Land size	this home 659 m² · comparable 420 m²	+$5,927
Net adjustment		+$12,170

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

28 Pristine Court

Sold 8 October 2026 · 0.90 km away

Sold for

$1,170,000

Adjusted to this home

$1,285,097

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$71,902
Street	this home 0.016 · comparable -0.0146	+$28,642
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 1988 · comparable 1995	−$12,510
Floor area	this home 137 m² · comparable 141.71 m²	−$9,661
Micro-location	this home 0.0413 · comparable 0.0342	+$6,646
Land size	this home 659 m² · comparable 414 m²	+$6,076
Distance to beach	this home 3.35 km · comparable 3.54 km	+$4,002
Net adjustment		+$115,097

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

6 Pristine Court

Sold 30 June 2026 · 0.86 km away

Sold for

$1,220,000

Adjusted to this home

$1,369,084

What we added and subtracted to make this sale comparable to 13 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$71,902
Street	this home 0.016 · comparable -0.0146	+$29,866
Micro-location	this home 0.0413 · comparable 0.0126	+$28,011
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 137 m² · comparable 143.96 m²	−$14,276
Pool	this home 1 · comparable 0	+$11,279
Year built	this home 1988 · comparable 1994	−$10,723
Distance to beach	this home 3.35 km · comparable 3.68 km	+$7,247
Land size	this home 659 m² · comparable 426 m²	+$5,778
Net adjustment		+$149,084

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 13 Lakeridge Drive 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 13 Lakeridge Drive 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

19 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 →

13 Lakeridge Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

8 Cumberland Drive

3 Massachusetts Court

9 Gainsborough Drive

31 Roundelay Drive

4 Barbie Avenue

16 Stanford Avenue

28 Pristine Court

6 Pristine Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 13 Lakeridge Drive sit?