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.

31 Roundelay Drive

Sold 30 July 2026 · 0.88 km away

Sold for

$1,380,000

Adjusted to this home

$1,416,841

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Street	this home 0.0386 · comparable -0.023	+$68,006
Floor area	this home 131 m² · comparable 151.3 m²	−$38,066
Cladding	this home 3 · comparable 2	+$15,352
Distance to beach	this home 3.94 km · comparable 3.59 km	−$8,694
Micro-location	this home 0.0253 · comparable 0.0311	−$6,403
Year built	this home 1996 · comparable 1994	+$5,990
Land size	this home 425 m² · comparable 420 m²	+$656
Net adjustment		+$36,841

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

8 Cumberland Drive

Sold 3 June 2026 · 0.43 km away

Sold for

$1,415,000

Adjusted to this home

$1,428,954

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$145,882
Floor area	this home 131 m² · comparable 167.88 m²	−$69,158
Land size	this home 425 m² · comparable 703 m²	−$36,474
Micro-location	this home 0.0253 · comparable 0.0462	−$23,658
Street	this home 0.0386 · comparable 0.0563	−$20,037
Cladding	this home 3 · comparable 2	+$15,352
Year built	this home 1996 · comparable 1992	+$11,981
Distance to beach	this home 3.94 km · comparable 3.55 km	−$9,934
Net adjustment		+$13,954

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.05 km away

Sold for

$1,400,000

Adjusted to this home

$1,464,104

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$145,882
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 131 m² · comparable 145 m²	−$26,253
Micro-location	this home 0.0253 · comparable 0.0223	+$3,360
Year built	this home 1996 · comparable 1995	+$2,995
Land size	this home 425 m² · comparable 405 m²	+$2,624
Distance to beach	this home 3.94 km · comparable 3.92 km	−$504
Net adjustment		+$64,104

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

39 Brier Crescent

Sold 16 May 2026 · 0.51 km away

Sold for

$1,302,000

Adjusted to this home

$1,399,528

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$145,882
Street	this home 0.0386 · comparable -0.0225	+$63,642
Car spaces	this home 2 · comparable 3	−$53,321
Year built	this home 1996 · comparable 2013	−$50,918
Land size	this home 425 m² · comparable 708 m²	−$37,130
Cladding	this home 3 · comparable 1	+$30,704
Floor area	this home 131 m² · comparable 141 m²	−$18,752
Micro-location	this home 0.0253 · comparable 0.0157	+$9,999
Distance to beach	this home 3.94 km · comparable 4.35 km	+$7,422
Net adjustment		+$97,528

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

3 Dorothy Place

Sold 27 March 2026 · 0.54 km away

Sold for

$1,300,000

Adjusted to this home

$1,378,313

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$145,882
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0253 · comparable 0.0479	−$23,504
Cladding	this home 3 · comparable 2	+$15,352
Distance to beach	this home 3.94 km · comparable 3.81 km	−$3,042
Year built	this home 1996 · comparable 1995	+$2,995
Floor area	this home 131 m² · comparable 129.58 m²	+$2,662
Land size	this home 425 m² · comparable 410 m²	+$1,968
Net adjustment		+$78,313

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

21 Cumberland Drive

Sold 4 December 2025 · 0.45 km away

Sold for

$1,450,000

Adjusted to this home

$1,441,052

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$145,882
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 131 m² · comparable 157 m²	−$48,755
Street	this home 0.0386 · comparable 0.0563	−$20,532
Micro-location	this home 0.0253 · comparable 0.0427	−$20,184
Year built	this home 1996 · comparable 1992	+$11,981
Distance to beach	this home 3.94 km · comparable 3.64 km	−$7,830
Land size	this home 425 m² · comparable 467 m²	−$5,510
Net adjustment		−$8,948

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

28 Pristine Court

Sold 8 October 2026 · 1.07 km away

Sold for

$1,170,000

Adjusted to this home

$1,284,630

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$145,882
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0386 · comparable -0.0146	+$49,795
Floor area	this home 131 m² · comparable 141.71 m²	−$20,083
Cladding	this home 3 · comparable 2	+$15,352
Distance to beach	this home 3.94 km · comparable 3.54 km	−$8,424
Micro-location	this home 0.0253 · comparable 0.0342	−$8,330
Year built	this home 1996 · comparable 1995	+$2,995
Land size	this home 425 m² · comparable 414 m²	+$1,443
Net adjustment		+$114,630

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

56 Southlake Drive

Sold 21 July 2026 · 0.58 km away

Sold for

$1,660,000

Adjusted to this home

$1,478,725

What we added and subtracted to make this sale comparable to 17 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 2 · comparable 3	−$53,321
Micro-location	this home 0.0253 · comparable 0.0447	−$25,763
Air conditioning	this home 0 · comparable 1	−$20,000
Street	this home 0.0386 · comparable 0.0515	−$17,131
Year built	this home 1996 · comparable 1993	+$8,986
Distance to beach	this home 3.94 km · comparable 3.76 km	−$5,378
Floor area	this home 131 m² · comparable 133 m²	−$3,750
Land size	this home 425 m² · comparable 432 m²	−$918
Net adjustment		−$181,275

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 17 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 17 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

16 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 →

17 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

31 Roundelay Drive

8 Cumberland Drive

9 Gainsborough Drive

39 Brier Crescent

3 Dorothy Place

21 Cumberland Drive

28 Pristine Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 17 Gainsborough Drive sit?