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.

6 Pristine Court

Sold 30 June 2026 · 0.66 km away

Sold for

$1,220,000

Adjusted to this home

$1,207,127

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Floor area	this home 107 m² · comparable 143.96 m²	−$71,289
Street	this home 0.0563 · comparable -0.0146	+$69,198
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 1 · comparable 2	−$63,524
Bathrooms	this home 1 · comparable 2	−$52,000
Micro-location	this home 0.047 · comparable 0.0126	+$33,574
Land size	this home 495 m² · comparable 426 m²	+$10,819
Year built	this home 1992 · comparable 1994	−$5,627
Distance to beach	this home 3.59 km · comparable 3.68 km	+$1,976
Net adjustment		−$12,873

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

4 Pascali Court

Sold 5 August 2026 · 0.68 km away

Sold for

$1,150,000

Adjusted to this home

$1,120,834

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Street	this home 0.0563 · comparable -0.0364	+$85,284
Car spaces	this home 1 · comparable 2	−$63,524
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 107 m² · comparable 125.33 m²	−$35,355
Micro-location	this home 0.047 · comparable 0.0123	+$31,924
Land size	this home 495 m² · comparable 423 m²	+$11,290
Year built	this home 1992 · comparable 1995	−$8,441
Distance to beach	this home 3.59 km · comparable 3.67 km	+$1,656
Net adjustment		−$29,166

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

39 Brier Crescent

Sold 16 May 2026 · 0.91 km away

Sold for

$1,302,000

Adjusted to this home

$1,172,207

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Car spaces	this home 1 · comparable 3	−$127,048
Street	this home 0.0563 · comparable -0.0225	+$82,078
Floor area	this home 107 m² · comparable 141 m²	−$65,579
Pool	this home 1 · comparable 0	+$64,000
Year built	this home 1992 · comparable 2013	−$59,086
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 495 m² · comparable 708 m²	−$33,398
Micro-location	this home 0.047 · comparable 0.0157	+$32,602
Distance to beach	this home 3.59 km · comparable 4.35 km	+$15,624
Cladding	this home 2 · comparable 1	+$13,014
Net adjustment		−$129,793

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.37 km away

Sold for

$1,400,000

Adjusted to this home

$1,259,643

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Floor area	this home 107 m² · comparable 145 m²	−$73,294
Car spaces	this home 1 · comparable 2	−$63,524
Bathrooms	this home 1 · comparable 2	−$52,000
Micro-location	this home 0.047 · comparable 0.0223	+$27,664
Street	this home 0.0563 · comparable 0.0386	+$19,824
Land size	this home 495 m² · comparable 405 m²	+$14,112
Cladding	this home 2 · comparable 3	−$13,014
Year built	this home 1992 · comparable 1995	−$8,441
Distance to beach	this home 3.59 km · comparable 3.92 km	+$8,316
Net adjustment		−$140,357

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

28 Pristine Court

Sold 8 October 2026 · 0.76 km away

Sold for

$1,170,000

Adjusted to this home

$1,069,077

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Floor area	this home 107 m² · comparable 141.71 m²	−$66,949
Street	this home 0.0563 · comparable -0.0146	+$66,362
Car spaces	this home 1 · comparable 2	−$63,524
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 495 m² · comparable 414 m²	+$12,701
Micro-location	this home 0.047 · comparable 0.0342	+$11,981
Year built	this home 1992 · comparable 1995	−$8,441
Distance to beach	this home 3.59 km · comparable 3.54 km	−$1,053
Net adjustment		−$100,923

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

31 Roundelay Drive

Sold 30 July 2026 · 0.58 km away

Sold for

$1,380,000

Adjusted to this home

$1,240,597

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Bedrooms	this home 3 · comparable 4	−$113,667
Street	this home 0.0563 · comparable -0.023	+$87,547
Floor area	this home 107 m² · comparable 151.3 m²	−$85,446
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 1 · comparable 2	−$63,524
Bathrooms	this home 1 · comparable 2	−$52,000
Micro-location	this home 0.047 · comparable 0.0311	+$17,554
Land size	this home 495 m² · comparable 420 m²	+$11,760
Year built	this home 1992 · comparable 1994	−$5,627
Net adjustment		−$139,403

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

3 Dorothy Place

Sold 27 March 2026 · 0.36 km away

Sold for

$1,300,000

Adjusted to this home

$1,150,023

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Car spaces	this home 1 · comparable 2	−$63,524
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 107 m² · comparable 129.58 m²	−$43,552
Land size	this home 495 m² · comparable 410 m²	+$13,328
Year built	this home 1992 · comparable 1995	−$8,441
Distance to beach	this home 3.59 km · comparable 3.81 km	+$5,148
Micro-location	this home 0.047 · comparable 0.0479	−$936
Net adjustment		−$149,977

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

8 Cumberland Drive

Sold 3 June 2026 · 0.07 km away

Sold for

$1,415,000

Adjusted to this home

$1,213,323

What we added and subtracted to make this sale comparable to 16 Cumberland Drive
Floor area	this home 107 m² · comparable 167.88 m²	−$117,426
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 1 · comparable 2	−$63,524
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 495 m² · comparable 703 m²	−$32,614
Distance to beach	this home 3.59 km · comparable 3.55 km	−$1,019
Micro-location	this home 0.047 · comparable 0.0462	+$906
Net adjustment		−$201,677

A further 11 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 16 Cumberland 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 16 Cumberland 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 →

16 Cumberland Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

6 Pristine Court

4 Pascali Court

39 Brier Crescent

9 Gainsborough Drive

28 Pristine Court

31 Roundelay Drive

3 Dorothy Place

8 Cumberland Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 16 Cumberland Drive sit?