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 · 0.96 km away

Sold for

$1,400,000

Adjusted to this home

$1,391,766

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Floor area	this home 167 m² · comparable 120.1 m²	+$115,937
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.016 · comparable 0.0616	−$51,072
Cladding	this home 3 · comparable 2	+$20,221
Micro-location	this home 0.0443 · comparable 0.0574	−$14,672
Year built	this home 1990 · comparable 1996	−$9,562
Distance to beach	this home 3.41 km · comparable 3.1 km	−$7,812
Land size	this home 694 m² · comparable 410 m²	+$2,726
Net adjustment		−$8,234

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.53 km away

Sold for

$1,400,000

Adjusted to this home

$1,452,005

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Pool	this home 0 · comparable 1	−$64,000
Bedrooms	this home 4 · comparable 3	+$54,635
Floor area	this home 167 m² · comparable 145 m²	+$54,384
Street	this home 0.016 · comparable 0.0386	−$25,312
Micro-location	this home 0.0443 · comparable 0.0223	+$24,640
Distance to beach	this home 3.41 km · comparable 3.92 km	+$12,852
Year built	this home 1990 · comparable 1995	−$7,968
Land size	this home 694 m² · comparable 405 m²	+$2,774
Net adjustment		+$52,005

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

8 Cumberland Drive

Sold 3 June 2026 · 0.24 km away

Sold for

$1,415,000

Adjusted to this home

$1,440,205

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$54,635
Street	this home 0.016 · comparable 0.0563	−$45,619
Cladding	this home 3 · comparable 2	+$20,221
Distance to beach	this home 3.41 km · comparable 3.55 km	+$3,566
Year built	this home 1990 · comparable 1992	−$3,187
Floor area	this home 167 m² · comparable 167.88 m²	−$2,175
Micro-location	this home 0.0443 · comparable 0.0462	−$2,150
Land size	this home 694 m² · comparable 703 m²	−$86
Net adjustment		+$25,205

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

4 Barbie Avenue

Sold 5 August 2026 · 0.76 km away

Sold for

$1,515,000

Adjusted to this home

$1,392,846

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 167 m² · comparable 151 m²	+$39,552
Cladding	this home 3 · comparable 4	−$20,221
Micro-location	this home 0.0443 · comparable 0.0574	−$15,877
Distance to beach	this home 3.41 km · comparable 3.98 km	+$15,544
Year built	this home 1990 · comparable 1999	−$14,342
Land size	this home 694 m² · comparable 570 m²	+$1,190
Net adjustment		−$122,154

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

21 Cumberland Drive

Sold 4 December 2025 · 0.43 km away

Sold for

$1,450,000

Adjusted to this home

$1,425,458

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Pool	this home 0 · comparable 1	−$64,000
Bedrooms	this home 4 · comparable 3	+$54,635
Street	this home 0.016 · comparable 0.0563	−$46,748
Floor area	this home 167 m² · comparable 157 m²	+$24,720
Distance to beach	this home 3.41 km · comparable 3.64 km	+$6,003
Year built	this home 1990 · comparable 1992	−$3,187
Land size	this home 694 m² · comparable 467 m²	+$2,179
Micro-location	this home 0.0443 · comparable 0.0427	+$1,856
Net adjustment		−$24,542

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

3 Dorothy Place

Sold 27 March 2026 · 0.67 km away

Sold for

$1,300,000

Adjusted to this home

$1,403,732

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Floor area	this home 167 m² · comparable 129.58 m²	+$92,502
Pool	this home 0 · comparable 1	−$64,000
Bedrooms	this home 4 · comparable 3	+$54,635
Cladding	this home 3 · comparable 2	+$20,221
Distance to beach	this home 3.41 km · comparable 3.81 km	+$9,360
Year built	this home 1990 · comparable 1995	−$7,968
Micro-location	this home 0.0443 · comparable 0.0479	−$3,744
Land size	this home 694 m² · comparable 410 m²	+$2,726
Net adjustment		+$103,732

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

31 Roundelay Drive

Sold 30 July 2026 · 0.83 km away

Sold for

$1,380,000

Adjusted to this home

$1,497,387

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Street	this home 0.016 · comparable -0.023	+$43,056
Floor area	this home 167 m² · comparable 151.3 m²	+$38,810
Cladding	this home 3 · comparable 2	+$20,221
Micro-location	this home 0.0443 · comparable 0.0311	+$14,573
Year built	this home 1990 · comparable 1994	−$6,374
Distance to beach	this home 3.41 km · comparable 3.59 km	+$4,471
Land size	this home 694 m² · comparable 420 m²	+$2,630
Net adjustment		+$117,387

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

16 Stanford Avenue

Sold 25 September 2026 · 0.78 km away

Sold for

$1,185,000

Adjusted to this home

$1,240,564

What we added and subtracted to make this sale comparable to 18 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$54,635
Floor area	this home 167 m² · comparable 149.41 m²	+$43,482
Micro-location	this home 0.0443 · comparable 0.0704	−$24,743
Distance to beach	this home 3.41 km · comparable 2.9 km	−$10,878
Year built	this home 1990 · comparable 1996	−$9,562
Land size	this home 694 m² · comparable 420 m²	+$2,630
Net adjustment		+$55,564

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 18 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 18 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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 →

18 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

9 Gainsborough Drive

8 Cumberland Drive

4 Barbie Avenue

21 Cumberland Drive

3 Dorothy Place

31 Roundelay Drive

16 Stanford Avenue

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 18 Lakeridge Drive sit?