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 Cumberland Drive

Sold 3 June 2026 · 0.22 km away

Sold for

$1,415,000

Adjusted to this home

$1,452,490

What we added and subtracted to make this sale comparable to 18 Placid Court
Bedrooms	this home 1 · comparable 3	−$134,805
Street	this home 0.15 · comparable 0.0563	+$106,069
Land size	this home 892 m² · comparable 703 m²	+$83,160
Floor area	this home 137 m² · comparable 167.88 m²	−$65,713
Pool	this home 1 · comparable 0	+$40,133
Cladding	this home 3 · comparable 2	+$13,428
Micro-location	this home 0.0386 · comparable 0.0462	−$8,603
Distance to beach	this home 3.4 km · comparable 3.55 km	+$3,821
Net adjustment		+$37,490

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

18 Massachusetts Court

Sold 9 July 2026 · 0.54 km away

Sold for

$1,450,000

Adjusted to this home

$1,408,658

What we added and subtracted to make this sale comparable to 18 Placid Court
Bedrooms	this home 1 · comparable 4	−$202,207
Land size	this home 892 m² · comparable 630 m²	+$115,280
Street	this home 0.15 · comparable 0.0616	+$102,544
Micro-location	this home 0.0386 · comparable 0.0654	−$31,088
Year built	this home 1992 · comparable 1997	−$17,780
Distance to beach	this home 3.4 km · comparable 3.09 km	−$8,091
Net adjustment		−$41,342

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

34 Seafoam Close

Sold 13 October 2025 · 0.28 km away

Sold for

$1,450,000

Adjusted to this home

$1,470,337

What we added and subtracted to make this sale comparable to 18 Placid Court
Bedrooms	this home 1 · comparable 3	−$134,805
Land size	this home 892 m² · comparable 624 m²	+$117,920
Street	this home 0.15 · comparable 0.0909	+$68,556
Floor area	this home 137 m² · comparable 169 m²	−$68,096
Pool	this home 1 · comparable 0	+$40,133
Year built	this home 1992 · comparable 1994	−$7,112
Micro-location	this home 0.0386 · comparable 0.0365	+$2,436
Distance to beach	this home 3.4 km · comparable 3.45 km	+$1,305
Net adjustment		+$20,337

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

77 Southlake Drive

Sold 20 November 2025 · 0.45 km away

Sold for

$1,505,000

Adjusted to this home

$1,523,045

What we added and subtracted to make this sale comparable to 18 Placid Court
Water views	this home 0 · comparable 1	−$237,396
Bedrooms	this home 1 · comparable 3	−$134,805
Land size	this home 892 m² · comparable 600 m²	+$128,480
Street	this home 0.15 · comparable 0.0515	+$118,594
Floor area	this home 137 m² · comparable 113.49 m²	+$50,030
Pool	this home 1 · comparable 0	+$40,133
Car spaces	this home 2 · comparable 1	+$32,000
Cladding	this home 3 · comparable 2	+$13,428
Distance to beach	this home 3.4 km · comparable 3.78 km	+$10,294
Year built	this home 1992 · comparable 1993	−$3,556
Micro-location	this home 0.0386 · comparable 0.0379	+$843
Net adjustment		+$18,045

A further 6 factors were compared and found the same on both properties, so no money moved.

3 Dorothy Place

Sold 27 March 2026 · 0.43 km away

Sold for

$1,300,000

Adjusted to this home

$1,395,747

What we added and subtracted to make this sale comparable to 18 Placid Court
Land size	this home 892 m² · comparable 410 m²	+$212,080
Bedrooms	this home 1 · comparable 3	−$134,805
Floor area	this home 137 m² · comparable 129.58 m²	+$15,790
Cladding	this home 3 · comparable 2	+$13,428
Year built	this home 1992 · comparable 1995	−$10,668
Micro-location	this home 0.0386 · comparable 0.0479	−$9,672
Distance to beach	this home 3.4 km · comparable 3.81 km	+$9,594
Net adjustment		+$95,747

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

15 Southlake Drive

Sold 9 September 2026 · 0.11 km away

Sold for

$1,430,000

Adjusted to this home

$1,266,789

What we added and subtracted to make this sale comparable to 18 Placid Court
Water views	this home 0 · comparable 1	−$237,396
Bedrooms	this home 1 · comparable 4	−$202,207
Land size	this home 892 m² · comparable 591 m²	+$132,440
Street	this home 0.15 · comparable 0.0515	+$112,684
Pool	this home 1 · comparable 0	+$40,133
Floor area	this home 137 m² · comparable 141 m²	−$8,512
Year built	this home 1992 · comparable 1993	−$3,556
Distance to beach	this home 3.4 km · comparable 3.52 km	+$3,089
Micro-location	this home 0.0386 · comparable 0.0385	+$114
Net adjustment		−$163,211

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.59 km away

Sold for

$1,400,000

Adjusted to this home

$1,607,911

What we added and subtracted to make this sale comparable to 18 Placid Court
Land size	this home 892 m² · comparable 405 m²	+$214,280
Bedrooms	this home 1 · comparable 3	−$134,805
Street	this home 0.15 · comparable 0.0386	+$124,768
Micro-location	this home 0.0386 · comparable 0.0223	+$18,256
Floor area	this home 137 m² · comparable 145 m²	−$17,024
Distance to beach	this home 3.4 km · comparable 3.92 km	+$13,104
Year built	this home 1992 · comparable 1995	−$10,668
Net adjustment		+$207,911

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

4 Barbie Avenue

Sold 5 August 2026 · 0.59 km away

Sold for

$1,515,000

Adjusted to this home

$1,315,392

What we added and subtracted to make this sale comparable to 18 Placid Court
Bedrooms	this home 1 · comparable 4	−$202,207
Land size	this home 892 m² · comparable 570 m²	+$141,680
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 137 m² · comparable 151 m²	−$29,792
Year built	this home 1992 · comparable 1999	−$24,892
Micro-location	this home 0.0386 · comparable 0.0574	−$22,786
Distance to beach	this home 3.4 km · comparable 3.98 km	+$15,817
Cladding	this home 3 · comparable 4	−$13,428
Net adjustment		−$199,608

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 18 Placid Court 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 Placid Court 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 →

18 Placid Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

8 Cumberland Drive

18 Massachusetts Court

34 Seafoam Close

77 Southlake Drive

3 Dorothy Place

15 Southlake Drive

9 Gainsborough Drive

4 Barbie Avenue

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