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.

39 Brier Crescent

Sold 16 May 2026 · 0.32 km away

Sold for

$1,302,000

Adjusted to this home

$1,389,431

What we added and subtracted to make this sale comparable to 15 Babu Street
Bedrooms	this home 4 · comparable 3	+$67,913
Pool	this home 1 · comparable 0	+$64,000
Cladding	this home 4 · comparable 1	+$60,000
Year built	this home 2000 · comparable 2013	−$53,986
Condition	this home 7 · comparable 8	−$52,080
Floor area	this home 166 m² · comparable 141 m²	+$44,580
Land size	this home 466 m² · comparable 708 m²	−$42,979
Car spaces	this home 2 · comparable 3	−$32,000
Micro-location	this home 0.0436 · comparable 0.0157	+$29,061
Distance to beach	this home 4.18 km · comparable 4.35 km	+$2,922
Net adjustment		+$87,431

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

21 Cumberland Drive

Sold 4 December 2025 · 0.59 km away

Sold for

$1,450,000

Adjusted to this home

$1,430,209

What we added and subtracted to make this sale comparable to 15 Babu Street
Condition	this home 7 · comparable 9	−$145,000
Bedrooms	this home 4 · comparable 3	+$67,913
Year built	this home 2000 · comparable 1992	+$33,222
Cladding	this home 4 · comparable 3	+$20,000
Floor area	this home 166 m² · comparable 157 m²	+$16,049
Distance to beach	this home 4.18 km · comparable 3.64 km	−$12,841
Micro-location	this home 0.0436 · comparable 0.0427	+$1,044
Land size	this home 466 m² · comparable 467 m²	−$178
Net adjustment		−$19,791

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.25 km away

Sold for

$1,400,000

Adjusted to this home

$1,519,472

What we added and subtracted to make this sale comparable to 15 Babu Street
Bedrooms	this home 4 · comparable 3	+$67,913
Condition	this home 7 · comparable 8	−$56,000
Floor area	this home 166 m² · comparable 145 m²	+$37,447
Micro-location	this home 0.0436 · comparable 0.0223	+$23,856
Year built	this home 2000 · comparable 1995	+$20,764
Cladding	this home 4 · comparable 3	+$20,000
Land size	this home 466 m² · comparable 405 m²	+$10,834
Distance to beach	this home 4.18 km · comparable 3.92 km	−$5,342
Net adjustment		+$119,472

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

31 Roundelay Drive

Sold 30 July 2026 · 0.95 km away

Sold for

$1,380,000

Adjusted to this home

$1,488,437

What we added and subtracted to make this sale comparable to 15 Babu Street
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 7 · comparable 8	−$55,200
Cladding	this home 4 · comparable 2	+$40,000
Floor area	this home 166 m² · comparable 151.3 m²	+$26,213
Year built	this home 2000 · comparable 1994	+$24,917
Micro-location	this home 0.0436 · comparable 0.0311	+$13,800
Distance to beach	this home 4.18 km · comparable 3.59 km	−$13,463
Land size	this home 466 m² · comparable 420 m²	+$8,170
Net adjustment		+$108,437

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

36 Roundelay Drive

Sold 23 December 2025 · 0.96 km away

Sold for

$1,352,000

Adjusted to this home

$1,412,583

What we added and subtracted to make this sale comparable to 15 Babu Street
Condition	this home 7 · comparable 9	−$135,200
Bedrooms	this home 4 · comparable 3	+$67,913
Pool	this home 1 · comparable 0	+$64,000
Year built	this home 2000 · comparable 1994	+$24,917
Cladding	this home 4 · comparable 3	+$20,000
Micro-location	this home 0.0436 · comparable 0.0287	+$16,116
Distance to beach	this home 4.18 km · comparable 3.51 km	−$15,137
Land size	this home 466 m² · comparable 415 m²	+$9,058
Floor area	this home 166 m² · comparable 161 m²	+$8,916
Net adjustment		+$60,583

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

5 Pristine Court

Sold 21 November 2025 · 0.93 km away

Sold for

$1,490,000

Adjusted to this home

$1,417,788

What we added and subtracted to make this sale comparable to 15 Babu Street
Floor area	this home 166 m² · comparable 225 m²	−$105,209
Condition	this home 7 · comparable 8	−$59,600
Cladding	this home 4 · comparable 2	+$40,000
Micro-location	this home 0.0436 · comparable 0.0136	+$35,760
Year built	this home 2000 · comparable 1996	+$16,611
Land size	this home 466 m² · comparable 401 m²	+$11,544
Distance to beach	this home 4.18 km · comparable 3.71 km	−$11,318
Net adjustment		−$72,212

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

15 Comore Drive

Sold 16 January 2026 · 0.61 km away

Sold for

$1,350,000

Adjusted to this home

$1,440,479

What we added and subtracted to make this sale comparable to 15 Babu Street
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 7 · comparable 6	+$54,000
Cladding	this home 4 · comparable 2	+$40,000
Micro-location	this home 0.0436 · comparable 0.0738	−$32,616
Floor area	this home 166 m² · comparable 184 m²	−$32,098
Year built	this home 2000 · comparable 2002	−$8,306
Land size	this home 466 m² · comparable 423 m²	+$7,637
Distance to beach	this home 4.18 km · comparable 4.06 km	−$2,138
Net adjustment		+$90,479

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

56 Southlake Drive

Sold 21 July 2026 · 0.63 km away

Sold for

$1,660,000

Adjusted to this home

$1,543,378

What we added and subtracted to make this sale comparable to 15 Babu Street
Condition	this home 7 · comparable 9	−$166,000
Floor area	this home 166 m² · comparable 133 m²	+$58,846
Car spaces	this home 2 · comparable 3	−$32,000
Year built	this home 2000 · comparable 1993	+$29,070
Cladding	this home 4 · comparable 3	+$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.18 km · comparable 3.76 km	−$11,115
Land size	this home 466 m² · comparable 432 m²	+$6,038
Micro-location	this home 0.0436 · comparable 0.0447	−$1,461
Net adjustment		−$116,622

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 15 Babu Street 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 15 Babu Street 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

41 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 →

15 Babu Street

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

39 Brier Crescent

21 Cumberland Drive

9 Gainsborough Drive

31 Roundelay Drive

36 Roundelay Drive

5 Pristine Court

15 Comore Drive

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 15 Babu Street sit?