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.

3 Massachusetts Court

Sold 22 July 2026 · 0.86 km away

Sold for

$1,400,000

Adjusted to this home

$1,435,417

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Bedrooms	this home 5 · comparable 4	+$76,989
Street	this home 0.016 · comparable 0.0616	−$51,072
Floor area	this home 137 m² · comparable 120.1 m²	+$35,058
Micro-location	this home 0.0419 · comparable 0.0574	−$17,360
Year built	this home 1988 · comparable 1996	−$12,794
Land size	this home 658 m² · comparable 410 m²	+$11,904
Distance to beach	this home 3.39 km · comparable 3.1 km	−$7,308
Net adjustment		+$35,417

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

4 Barbie Avenue

Sold 5 August 2026 · 0.72 km away

Sold for

$1,515,000

Adjusted to this home

$1,442,884

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Bedrooms	this home 5 · comparable 4	+$76,989
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 2 · comparable 4	−$40,000
Floor area	this home 137 m² · comparable 151 m²	−$29,042
Micro-location	this home 0.0419 · comparable 0.0574	−$18,786
Year built	this home 1988 · comparable 1999	−$17,591
Distance to beach	this home 3.39 km · comparable 3.98 km	+$16,090
Land size	this home 658 m² · comparable 570 m²	+$4,224
Net adjustment		−$72,116

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

18 Massachusetts Court

Sold 9 July 2026 · 0.76 km away

Sold for

$1,450,000

Adjusted to this home

$1,405,954

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Bedrooms	this home 5 · comparable 4	+$76,989
Street	this home 0.016 · comparable 0.0616	−$52,896
Micro-location	this home 0.0419 · comparable 0.0654	−$27,260
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 1988 · comparable 1997	−$14,393
Distance to beach	this home 3.39 km · comparable 3.09 km	−$7,830
Land size	this home 658 m² · comparable 630 m²	+$1,344
Net adjustment		−$44,046

A further 11 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

$1,502,783

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Bedrooms	this home 5 · comparable 4	+$76,989
Street	this home 0.016 · comparable -0.023	+$43,056
Floor area	this home 137 m² · comparable 151.3 m²	−$29,664
Pool	this home 1 · comparable 0	+$13,682
Micro-location	this home 0.0419 · comparable 0.0311	+$11,923
Land size	this home 658 m² · comparable 420 m²	+$11,424
Year built	this home 1988 · comparable 1994	−$9,595
Distance to beach	this home 3.39 km · comparable 3.59 km	+$4,968
Net adjustment		+$122,783

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

5 Pristine Court

Sold 21 November 2025 · 0.83 km away

Sold for

$1,490,000

Adjusted to this home

$1,462,775

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Floor area	this home 137 m² · comparable 225 m²	−$182,547
Bedrooms	this home 5 · comparable 4	+$76,989
Street	this home 0.016 · comparable -0.0146	+$36,475
Micro-location	this home 0.0419 · comparable 0.0136	+$33,734
Year built	this home 1988 · comparable 1996	−$12,794
Land size	this home 658 m² · comparable 401 m²	+$12,336
Distance to beach	this home 3.39 km · comparable 3.71 km	+$8,582
Net adjustment		−$27,225

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

20 Daryl Drive

Sold 29 October 2025 · 0.65 km away

Sold for

$1,570,000

Adjusted to this home

$1,445,477

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Floor area	this home 137 m² · comparable 201.88 m²	−$134,587
Bedrooms	this home 5 · comparable 4	+$76,989
Street	this home 0.016 · comparable 0.0704	−$68,326
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 3.39 km · comparable 4.03 km	+$17,860
Micro-location	this home 0.0419 · comparable 0.0291	+$16,077
Year built	this home 1988 · comparable 1998	−$15,992
Land size	this home 658 m² · comparable 586 m²	+$3,456
Net adjustment		−$124,523

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

16 Dartmouth Court

Sold 9 December 2025 · 0.80 km away

Sold for

$1,300,000

Adjusted to this home

$1,373,522

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Bedrooms	this home 5 · comparable 4	+$76,989
Street	this home 0.016 · comparable -0.0087	+$25,688
Floor area	this home 137 m² · comparable 147.57 m²	−$21,926
Micro-location	this home 0.0419 · comparable 0.0576	−$16,328
Year built	this home 1988 · comparable 1997	−$14,393
Pool	this home 1 · comparable 0	+$13,682
Land size	this home 658 m² · comparable 400 m²	+$12,384
Distance to beach	this home 3.39 km · comparable 3.28 km	−$2,574
Net adjustment		+$73,522

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

56 Southlake Drive

Sold 21 July 2026 · 0.60 km away

Sold for

$1,660,000

Adjusted to this home

$1,636,332

What we added and subtracted to make this sale comparable to 17 Lakeridge Drive
Bedrooms	this home 5 · comparable 4	+$76,989
Street	this home 0.016 · comparable 0.0515	−$47,144
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 2 · comparable 3	−$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.39 km · comparable 3.76 km	+$11,055
Land size	this home 658 m² · comparable 432 m²	+$10,848
Floor area	this home 137 m² · comparable 133 m²	+$8,298
Year built	this home 1988 · comparable 1993	−$7,996
Micro-location	this home 0.0419 · comparable 0.0447	−$3,718
Net adjustment		−$23,668

A further 8 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 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 17 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 →

17 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

3 Massachusetts Court

4 Barbie Avenue

18 Massachusetts Court

31 Roundelay Drive

5 Pristine Court

20 Daryl Drive

16 Dartmouth Court

56 Southlake Drive

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