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 · 0.79 km away

Sold for

$1,220,000

Adjusted to this home

$1,233,870

What we added and subtracted to make this sale comparable to 16 Watts Drive
Street	this home 0.0556 · comparable -0.0146	+$68,515
Bedrooms	this home 2 · comparable 3	−$66,722
Land size	this home 243 m² · comparable 426 m²	−$53,729
Micro-location	this home 0.0562 · comparable 0.0126	+$42,554
Cladding	this home 3 · comparable 2	+$17,922
Distance to beach	this home 3.23 km · comparable 3.68 km	+$9,882
Floor area	this home 141 m² · comparable 143.96 m²	−$4,812
Year built	this home 2007 · comparable 1994	+$260
Net adjustment		+$13,870

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

14 Shorehaven Place

Sold 7 April 2026 · 0.64 km away

Sold for

$1,250,000

Adjusted to this home

$1,253,109

What we added and subtracted to make this sale comparable to 16 Watts Drive
Street	this home 0.0556 · comparable -0.0236	+$79,200
Pool	this home 0 · comparable 1	−$75,483
Bedrooms	this home 2 · comparable 3	−$66,722
Condition	this home 8 · comparable 7	+$50,000
Micro-location	this home 0.0562 · comparable 0.0245	+$31,700
Land size	this home 243 m² · comparable 329 m²	−$25,250
Floor area	this home 141 m² · comparable 155 m²	−$22,758
Cladding	this home 3 · comparable 2	+$17,922
Distance to beach	this home 3.23 km · comparable 3.87 km	+$14,400
Year built	this home 2007 · comparable 2002	+$100
Net adjustment		+$3,109

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

4 Pascali Court

Sold 5 August 2026 · 0.77 km away

Sold for

$1,150,000

Adjusted to this home

$1,224,718

What we added and subtracted to make this sale comparable to 16 Watts Drive
Condition	this home 8 · comparable 6	+$92,000
Street	this home 0.0556 · comparable -0.0364	+$84,640
Pool	this home 0 · comparable 1	−$75,483
Bedrooms	this home 2 · comparable 3	−$66,722
Land size	this home 243 m² · comparable 423 m²	−$52,848
Micro-location	this home 0.0562 · comparable 0.0123	+$40,388
Floor area	this home 141 m² · comparable 125.33 m²	+$25,473
Cladding	this home 3 · comparable 2	+$17,922
Distance to beach	this home 3.23 km · comparable 3.67 km	+$9,108
Year built	this home 2007 · comparable 1995	+$240
Net adjustment		+$74,718

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

28 Pristine Court

Sold 8 October 2026 · 0.62 km away

Sold for

$1,170,000

Adjusted to this home

$1,134,225

What we added and subtracted to make this sale comparable to 16 Watts Drive
Pool	this home 0 · comparable 1	−$75,483
Bedrooms	this home 2 · comparable 3	−$66,722
Street	this home 0.0556 · comparable -0.0146	+$65,707
Land size	this home 243 m² · comparable 414 m²	−$50,206
Condition	this home 8 · comparable 7	+$46,800
Micro-location	this home 0.0562 · comparable 0.0342	+$20,592
Cladding	this home 3 · comparable 2	+$17,922
Distance to beach	this home 3.23 km · comparable 3.54 km	+$6,529
Floor area	this home 141 m² · comparable 141.71 m²	−$1,154
Year built	this home 2007 · comparable 1995	+$240
Net adjustment		−$35,775

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

21 Altissimo Close

Sold 3 February 2026 · 0.91 km away

Sold for

$1,355,000

Adjusted to this home

$1,290,267

What we added and subtracted to make this sale comparable to 16 Watts Drive
Condition	this home 8 · comparable 9	−$81,300
Bedrooms	this home 2 · comparable 3	−$66,722
Street	this home 0.0556 · comparable 0.0085	+$51,057
Land size	this home 243 m² · comparable 413 m²	−$49,912
Floor area	this home 141 m² · comparable 114 m²	+$43,891
Micro-location	this home 0.0562 · comparable 0.0315	+$26,774
Distance to beach	this home 3.23 km · comparable 3.69 km	+$11,219
Year built	this home 2007 · comparable 1994	+$260
Net adjustment		−$64,733

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

36 Roundelay Drive

Sold 23 December 2025 · 0.80 km away

Sold for

$1,352,000

Adjusted to this home

$1,242,979

What we added and subtracted to make this sale comparable to 16 Watts Drive
Street	this home 0.0556 · comparable -0.023	+$85,014
Condition	this home 8 · comparable 9	−$81,120
Bedrooms	this home 2 · comparable 3	−$66,722
Land size	this home 243 m² · comparable 415 m²	−$50,499
Floor area	this home 141 m² · comparable 161 m²	−$32,512
Micro-location	this home 0.0562 · comparable 0.0287	+$29,744
Distance to beach	this home 3.23 km · comparable 3.51 km	+$6,814
Year built	this home 2007 · comparable 1994	+$260
Net adjustment		−$109,021

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

11 Magenta Drive

Sold 23 February 2026 · 0.92 km away

Sold for

$1,290,000

Adjusted to this home

$1,332,947

What we added and subtracted to make this sale comparable to 16 Watts Drive
Bedrooms	this home 2 · comparable 3	−$66,722
Condition	this home 8 · comparable 7	+$51,600
Land size	this home 243 m² · comparable 400 m²	−$46,095
Micro-location	this home 0.0562 · comparable 0.0215	+$35,810
Distance to beach	this home 3.23 km · comparable 4.15 km	+$20,434
Street	this home 0.0556 · comparable 0.0361	+$20,124
Cladding	this home 3 · comparable 2	+$17,922
Floor area	this home 141 m² · comparable 135 m²	+$9,754
Year built	this home 2007 · comparable 2001	+$120
Net adjustment		+$42,947

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

16 Stanford Avenue

Sold 25 September 2026 · 0.84 km away

Sold for

$1,185,000

Adjusted to this home

$1,079,759

What we added and subtracted to make this sale comparable to 16 Watts Drive
Bedrooms	this home 2 · comparable 3	−$66,722
Land size	this home 243 m² · comparable 420 m²	−$51,967
Condition	this home 8 · comparable 7	+$47,400
Floor area	this home 141 m² · comparable 149.41 m²	−$13,671
Micro-location	this home 0.0562 · comparable 0.0704	−$13,462
Distance to beach	this home 3.23 km · comparable 2.9 km	−$7,039
Year built	this home 2007 · comparable 1996	+$220
Net adjustment		−$105,241

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 16 Watts 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 Watts 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 Watts 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

14 Shorehaven Place

4 Pascali Court

28 Pristine Court

21 Altissimo Close

36 Roundelay Drive

11 Magenta Drive

16 Stanford Avenue

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