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.

4 Pascali Court

Sold 5 August 2026 · 0.94 km away

Sold for

$1,150,000

Adjusted to this home

$1,208,430

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Street	this home 0.0386 · comparable -0.0364	+$69,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 138 m² · comparable 125.33 m²	+$24,752
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.0232 · comparable 0.0123	+$10,028
Distance to beach	this home 3.94 km · comparable 3.67 km	−$5,589
Year built	this home 1996 · comparable 1995	+$2,861
Land size	this home 419 m² · comparable 423 m²	−$544
Net adjustment		+$58,430

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.04 km away

Sold for

$1,400,000

Adjusted to this home

$1,215,594

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Condition	this home 6 · comparable 8	−$112,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 138 m² · comparable 145 m²	−$13,675
Year built	this home 1996 · comparable 1995	+$2,861
Land size	this home 419 m² · comparable 405 m²	+$1,904
Micro-location	this home 0.0232 · comparable 0.0223	+$1,008
Distance to beach	this home 3.94 km · comparable 3.92 km	−$504
Net adjustment		−$184,406

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

3 Dorothy Place

Sold 27 March 2026 · 0.52 km away

Sold for

$1,300,000

Adjusted to this home

$1,249,727

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0232 · comparable 0.0479	−$25,688
Cladding	this home 3 · comparable 2	+$21,922
Floor area	this home 138 m² · comparable 129.58 m²	+$16,450
Distance to beach	this home 3.94 km · comparable 3.81 km	−$3,042
Year built	this home 1996 · comparable 1995	+$2,861
Land size	this home 419 m² · comparable 410 m²	+$1,224
Net adjustment		−$50,273

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

28 Pristine Court

Sold 8 October 2026 · 1.06 km away

Sold for

$1,170,000

Adjusted to this home

$1,108,490

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0386 · comparable -0.0146	+$49,795
Condition	this home 6 · comparable 7	−$46,800
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.0232 · comparable 0.0342	−$10,296
Distance to beach	this home 3.94 km · comparable 3.54 km	−$8,424
Floor area	this home 138 m² · comparable 141.71 m²	−$7,248
Year built	this home 1996 · comparable 1995	+$2,861
Land size	this home 419 m² · comparable 414 m²	+$680
Net adjustment		−$61,510

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

6 Pristine Court

Sold 30 June 2026 · 0.92 km away

Sold for

$1,220,000

Adjusted to this home

$1,291,608

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Street	this home 0.0386 · comparable -0.0146	+$51,923
Cladding	this home 3 · comparable 2	+$21,922
Floor area	this home 138 m² · comparable 143.96 m²	−$11,643
Micro-location	this home 0.0232 · comparable 0.0126	+$10,346
Year built	this home 1996 · comparable 1994	+$5,722
Distance to beach	this home 3.94 km · comparable 3.68 km	−$5,710
Land size	this home 419 m² · comparable 426 m²	−$952
Net adjustment		+$71,608

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

8 Cumberland Drive

Sold 3 June 2026 · 0.42 km away

Sold for

$1,415,000

Adjusted to this home

$1,238,760

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Floor area	this home 138 m² · comparable 167.88 m²	−$58,374
Condition	this home 6 · comparable 7	−$56,600
Land size	this home 419 m² · comparable 703 m²	−$38,624
Micro-location	this home 0.0232 · comparable 0.0462	−$26,036
Cladding	this home 3 · comparable 2	+$21,922
Street	this home 0.0386 · comparable 0.0563	−$20,037
Year built	this home 1996 · comparable 1992	+$11,443
Distance to beach	this home 3.94 km · comparable 3.55 km	−$9,934
Net adjustment		−$176,240

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

31 Roundelay Drive

Sold 30 July 2026 · 0.87 km away

Sold for

$1,380,000

Adjusted to this home

$1,190,993

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Bedrooms	this home 3 · comparable 4	−$130,722
Condition	this home 6 · comparable 8	−$110,400
Street	this home 0.0386 · comparable -0.023	+$68,006
Floor area	this home 138 m² · comparable 151.3 m²	−$25,983
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.0232 · comparable 0.0311	−$8,722
Distance to beach	this home 3.94 km · comparable 3.59 km	−$8,694
Year built	this home 1996 · comparable 1994	+$5,722
Land size	this home 419 m² · comparable 420 m²	−$136
Net adjustment		−$189,007

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

39 Brier Crescent

Sold 16 May 2026 · 0.52 km away

Sold for

$1,302,000

Adjusted to this home

$1,170,498

What we added and subtracted to make this sale comparable to 15 Gainsborough Drive
Condition	this home 6 · comparable 8	−$104,160
Street	this home 0.0386 · comparable -0.0225	+$63,642
Car spaces	this home 2 · comparable 3	−$56,264
Year built	this home 1996 · comparable 2013	−$48,634
Cladding	this home 3 · comparable 1	+$43,845
Land size	this home 419 m² · comparable 708 m²	−$39,304
Micro-location	this home 0.0232 · comparable 0.0157	+$7,812
Distance to beach	this home 3.94 km · comparable 4.35 km	+$7,422
Floor area	this home 138 m² · comparable 141 m²	−$5,861
Net adjustment		−$131,502

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 15 Gainsborough 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 15 Gainsborough 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

14 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 Gainsborough Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Pascali Court

9 Gainsborough Drive

3 Dorothy Place

28 Pristine Court

6 Pristine Court

8 Cumberland Drive

31 Roundelay Drive

39 Brier Crescent

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