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 Lexington Drive

Sold 21 May 2026 · 0.09 km away

Sold for

$1,360,000

Adjusted to this home

$1,375,789

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Micro-location	this home -0.0239 · comparable -0.1067	+$90,086
Floor area	this home 179 m² · comparable 208 m²	−$74,982
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$54,400
Cladding	this home 3 · comparable 2	+$20,000
Car spaces	this home 2 · comparable 4	−$17,398
Year built	this home 1988 · comparable 1982	+$10,339
Land size	this home 712 m² · comparable 795 m²	−$2,656
Net adjustment		+$15,789

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

12 Andamooka Avenue

Sold 30 December 2025 · 1.22 km away

Sold for

$1,300,000

Adjusted to this home

$1,377,564

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Floor area	this home 179 m² · comparable 88.72 m²	+$233,428
Street	this home -0.145 · comparable -0.0217	−$128,232
Condition	this home 8 · comparable 9	−$78,000
Micro-location	this home -0.0239 · comparable -0.0719	+$49,920
Land size	this home 712 m² · comparable 698 m²	+$448
Net adjustment		+$77,564

A further 13 factors were compared and found the same on both properties, so no money moved.

2 Andamooka Avenue

Sold 7 November 2025 · 1.14 km away

Sold for

$1,180,000

Adjusted to this home

$1,315,216

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Floor area	this home 179 m² · comparable 109.18 m²	+$180,526
Street	this home -0.145 · comparable -0.0217	−$116,395
Bedrooms	this home 4 · comparable 3	+$92,000
Condition	this home 8 · comparable 9	−$70,800
Micro-location	this home -0.0239 · comparable -0.0747	+$47,955
Cladding	this home 3 · comparable 2	+$20,000
Car spaces	this home 2 · comparable 4	−$17,398
Land size	this home 712 m² · comparable 733 m²	−$672
Net adjustment		+$135,216

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

5 Moura Road

Sold 20 November 2025 · 1.04 km away

Sold for

$1,200,000

Adjusted to this home

$1,323,341

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Floor area	this home 179 m² · comparable 121 m²	+$149,965
Bedrooms	this home 4 · comparable 3	+$92,000
Condition	this home 8 · comparable 9	−$72,000
Pool	this home 0 · comparable 1	−$64,000
Street	this home -0.145 · comparable -0.0953	−$47,712
Micro-location	this home -0.0239 · comparable -0.0717	+$45,888
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 712 m² · comparable 737 m²	−$800
Net adjustment		+$123,341

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

5 Newhaven Crescent

Sold 5 December 2025 · 0.08 km away

Sold for

$1,200,000

Adjusted to this home

$1,359,611

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Floor area	this home 179 m² · comparable 124 m²	+$142,208
Bedrooms	this home 4 · comparable 3	+$92,000
Condition	this home 8 · comparable 9	−$72,000
Micro-location	this home -0.0239 · comparable -0.0005	−$22,464
Cladding	this home 3 · comparable 2	+$20,000
Car spaces	this home 2 · comparable 3	−$8,699
Street	this home -0.145 · comparable -0.15	+$4,800
Year built	this home 1988 · comparable 1986	+$3,446
Land size	this home 712 m² · comparable 702 m²	+$320
Net adjustment		+$159,611

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

44 Lexington Drive

Sold 24 August 2026 · 0.29 km away

Sold for

$1,011,100

Adjusted to this home

$1,213,664

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Floor area	this home 179 m² · comparable 128 m²	+$131,866
Bedrooms	this home 4 · comparable 3	+$92,000
Micro-location	this home -0.0239 · comparable 0.0156	−$31,950
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 1988 · comparable 1993	−$8,616
Land size	this home 712 m² · comparable 735 m²	−$736
Net adjustment		+$202,564

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

35 Explorers Way

Sold 11 February 2026 · 1.34 km away

Sold for

$1,130,000

Adjusted to this home

$1,373,065

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Floor area	this home 179 m² · comparable 93 m²	+$222,362
Street	this home -0.145 · comparable -0.0329	−$101,338
Bedrooms	this home 4 · comparable 3	+$92,000
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home -0.0239 · comparable -0.0662	+$38,239
Bathrooms	this home 2 · comparable 1	+$37,050
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 712 m² · comparable 751 m²	−$1,248
Net adjustment		+$243,065

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

76 Explorers Way

Sold 7 January 2026 · 1.60 km away

Sold for

$1,295,000

Adjusted to this home

$1,137,421

What we added and subtracted to make this sale comparable to 16 Lexington Drive
Street	this home -0.145 · comparable -0.0329	−$116,136
Bedrooms	this home 4 · comparable 5	−$92,000
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$51,800
Micro-location	this home -0.0239 · comparable -0.0648	+$42,373
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 712 m² · comparable 700 m²	+$384
Net adjustment		−$157,579

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 Lexington 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 Lexington Drive over the past 18 months, compared it with Worongary’s wider market, and examined the indicators most likely to reveal what happens next.

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16 Lexington Drive

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The 8 sales behind that range — and every adjustment

8 Lexington Drive

12 Andamooka Avenue

2 Andamooka Avenue

5 Moura Road

5 Newhaven Crescent

44 Lexington Drive

35 Explorers Way

76 Explorers Way

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

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Why I built Fields