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.

28 Pristine Court

Sold 8 October 2026 · 0.90 km away

Sold for

$1,170,000

Adjusted to this home

$1,173,401

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Floor area	this home 125 m² · comparable 141.71 m²	−$34,663
Street	this home 0.016 · comparable -0.0146	+$28,642
Year built	this home 1987 · comparable 1995	−$12,794
Land size	this home 656 m² · comparable 414 m²	+$11,616
Micro-location	this home 0.0417 · comparable 0.0342	+$7,020
Distance to beach	this home 3.37 km · comparable 3.54 km	+$3,580
Net adjustment		+$3,401

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

6 Pristine Court

Sold 30 June 2026 · 0.85 km away

Sold for

$1,220,000

Adjusted to this home

$1,259,273

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Floor area	this home 125 m² · comparable 143.96 m²	−$39,330
Street	this home 0.016 · comparable -0.0146	+$29,866
Micro-location	this home 0.0417 · comparable 0.0126	+$28,402
Pool	this home 1 · comparable 0	+$13,682
Year built	this home 1987 · comparable 1994	−$11,194
Land size	this home 656 m² · comparable 426 m²	+$11,040
Distance to beach	this home 3.37 km · comparable 3.68 km	+$6,807
Net adjustment		+$39,273

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.56 km away

Sold for

$1,400,000

Adjusted to this home

$1,292,042

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Condition	this home 7 · comparable 8	−$56,000
Floor area	this home 125 m² · comparable 145 m²	−$41,488
Street	this home 0.016 · comparable 0.0386	−$25,312
Micro-location	this home 0.0417 · comparable 0.0223	+$21,728
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 3.37 km · comparable 3.92 km	+$13,860
Year built	this home 1987 · comparable 1995	−$12,794
Land size	this home 656 m² · comparable 405 m²	+$12,048
Net adjustment		−$107,958

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

31 Roundelay Drive

Sold 30 July 2026 · 0.74 km away

Sold for

$1,380,000

Adjusted to this home

$1,267,293

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Bedrooms	this home 3 · comparable 4	−$76,989
Condition	this home 7 · comparable 8	−$55,200
Floor area	this home 125 m² · comparable 151.3 m²	−$54,557
Street	this home 0.016 · comparable -0.023	+$43,056
Pool	this home 1 · comparable 0	+$13,682
Micro-location	this home 0.0417 · comparable 0.0311	+$11,702
Land size	this home 656 m² · comparable 420 m²	+$11,328
Year built	this home 1987 · comparable 1994	−$11,194
Distance to beach	this home 3.37 km · comparable 3.59 km	+$5,465
Net adjustment		−$112,707

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

$1,255,131

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Bedrooms	this home 3 · comparable 4	−$76,989
Street	this home 0.016 · comparable 0.0616	−$51,072
Micro-location	this home 0.0417 · comparable 0.0574	−$17,584
Year built	this home 1987 · comparable 1996	−$14,393
Land size	this home 656 m² · comparable 410 m²	+$11,808
Floor area	this home 125 m² · comparable 120.1 m²	+$10,165
Distance to beach	this home 3.37 km · comparable 3.1 km	−$6,804
Net adjustment		−$144,869

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

8 Cumberland Drive

Sold 3 June 2026 · 0.21 km away

Sold for

$1,415,000

Adjusted to this home

$1,283,352

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Floor area	this home 125 m² · comparable 167.88 m²	−$88,950
Street	this home 0.016 · comparable 0.0563	−$45,619
Pool	this home 1 · comparable 0	+$13,682
Year built	this home 1987 · comparable 1992	−$7,996
Micro-location	this home 0.0417 · comparable 0.0462	−$5,094
Distance to beach	this home 3.37 km · comparable 3.55 km	+$4,585
Land size	this home 656 m² · comparable 703 m²	−$2,256
Net adjustment		−$131,648

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

4 Pascali Court

Sold 5 August 2026 · 0.86 km away

Sold for

$1,150,000

Adjusted to this home

$1,275,171

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Street	this home 0.016 · comparable -0.0364	+$48,208
Condition	this home 7 · comparable 6	+$46,000
Micro-location	this home 0.0417 · comparable 0.0123	+$27,048
Year built	this home 1987 · comparable 1995	−$12,794
Land size	this home 656 m² · comparable 423 m²	+$11,184
Distance to beach	this home 3.37 km · comparable 3.67 km	+$6,210
Floor area	this home 125 m² · comparable 125.33 m²	−$685
Net adjustment		+$125,171

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

16 Stanford Avenue

Sold 25 September 2026 · 0.69 km away

Sold for

$1,185,000

Adjusted to this home

$1,087,748

What we added and subtracted to make this sale comparable to 15 Lakeridge Drive
Floor area	this home 125 m² · comparable 149.41 m²	−$50,636
Micro-location	this home 0.0417 · comparable 0.0704	−$27,208
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 1987 · comparable 1996	−$14,393
Pool	this home 1 · comparable 0	+$13,682
Land size	this home 656 m² · comparable 420 m²	+$11,328
Distance to beach	this home 3.37 km · comparable 2.9 km	−$10,025
Net adjustment		−$97,252

A further 10 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 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 15 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

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 →

15 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

28 Pristine Court

6 Pristine Court

9 Gainsborough Drive

31 Roundelay Drive

3 Massachusetts Court

8 Cumberland Drive

4 Pascali Court

16 Stanford Avenue

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