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.

4 Barbie Avenue

Sold 5 August 2026 · 0.59 km away

Sold for

$1,515,000

Adjusted to this home

$1,574,372

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Bedrooms	this home 5 · comparable 4	+$100,540
Car spaces	this home 2 · comparable 4	−$64,000
Land size	this home 864 m² · comparable 570 m²	+$50,098
Micro-location	this home 0.0436 · comparable 0.0574	−$16,726
Year built	this home 1992 · comparable 1999	−$15,042
Cladding	this home 2 · comparable 4	−$14,534
Distance to beach	this home 3.49 km · comparable 3.98 km	+$13,362
Floor area	this home 154 m² · comparable 151 m²	+$5,674
Net adjustment		+$59,372

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

18 Massachusetts Court

Sold 9 July 2026 · 0.77 km away

Sold for

$1,450,000

Adjusted to this home

$1,562,677

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Bedrooms	this home 5 · comparable 4	+$100,540
Land size	this home 864 m² · comparable 630 m²	+$39,874
Floor area	this home 154 m² · comparable 137 m²	+$32,150
Micro-location	this home 0.0436 · comparable 0.0654	−$25,288
Year built	this home 1992 · comparable 1997	−$10,744
Distance to beach	this home 3.49 km · comparable 3.09 km	−$10,440
Cladding	this home 2 · comparable 3	−$7,267
Street	this home 0.0563 · comparable 0.0616	−$6,148
Net adjustment		+$112,677

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

32 Warbler Parade

Sold 5 December 2025 · 0.93 km away

Sold for

$1,580,000

Adjusted to this home

$1,545,920

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Bedrooms	this home 5 · comparable 4	+$100,540
Floor area	this home 154 m² · comparable 205.68 m²	−$97,738
Land size	this home 864 m² · comparable 653 m²	+$35,954
Street	this home 0.0563 · comparable 0.0764	−$25,406
Distance to beach	this home 3.49 km · comparable 2.66 km	−$23,605
Year built	this home 1992 · comparable 1996	−$8,595
Micro-location	this home 0.0436 · comparable 0.0499	−$7,963
Cladding	this home 2 · comparable 3	−$7,267
Net adjustment		−$34,080

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

3 Massachusetts Court

Sold 22 July 2026 · 0.87 km away

Sold for

$1,400,000

Adjusted to this home

$1,602,199

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Bedrooms	this home 5 · comparable 4	+$100,540
Land size	this home 864 m² · comparable 410 m²	+$77,362
Floor area	this home 154 m² · comparable 120.1 m²	+$64,112
Micro-location	this home 0.0436 · comparable 0.0574	−$15,456
Distance to beach	this home 3.49 km · comparable 3.1 km	−$9,828
Year built	this home 1992 · comparable 1996	−$8,595
Street	this home 0.0563 · comparable 0.0616	−$5,936
Net adjustment		+$202,199

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

20 Daryl Drive

Sold 29 October 2025 · 0.54 km away

Sold for

$1,570,000

Adjusted to this home

$1,622,737

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Bedrooms	this home 5 · comparable 4	+$100,540
Floor area	this home 154 m² · comparable 201.88 m²	−$90,550
Land size	this home 864 m² · comparable 586 m²	+$47,371
Micro-location	this home 0.0436 · comparable 0.0291	+$18,212
Street	this home 0.0563 · comparable 0.0704	−$17,710
Distance to beach	this home 3.49 km · comparable 4.03 km	+$15,034
Year built	this home 1992 · comparable 1998	−$12,893
Cladding	this home 2 · comparable 3	−$7,267
Net adjustment		+$52,737

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

1 Thornleigh Crescent

Sold 24 March 2026 · 0.25 km away

Sold for

$1,715,000

Adjusted to this home

$1,744,486

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Bedrooms	this home 5 · comparable 4	+$100,540
Street	this home 0.0563 · comparable 0.1043	−$65,856
Floor area	this home 154 m² · comparable 188 m²	−$64,301
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 2 · comparable 3	−$32,000
Land size	this home 864 m² · comparable 692 m²	+$29,309
Distance to beach	this home 3.49 km · comparable 3.7 km	+$6,482
Micro-location	this home 0.0436 · comparable 0.0468	−$4,390
Year built	this home 1992 · comparable 1994	−$4,298
Net adjustment		+$29,486

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

5 Pristine Court

Sold 21 November 2025 · 0.74 km away

Sold for

$1,490,000

Adjusted to this home

$1,652,738

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Floor area	this home 154 m² · comparable 225 m²	−$134,275
Bedrooms	this home 5 · comparable 4	+$100,540
Street	this home 0.0563 · comparable -0.0146	+$84,513
Land size	this home 864 m² · comparable 401 m²	+$78,895
Micro-location	this home 0.0436 · comparable 0.0136	+$35,760
Year built	this home 1992 · comparable 1996	−$8,595
Distance to beach	this home 3.49 km · comparable 3.71 km	+$5,900
Net adjustment		+$162,738

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

56 Southlake Drive

Sold 21 July 2026 · 0.49 km away

Sold for

$1,660,000

Adjusted to this home

$1,825,432

What we added and subtracted to make this sale comparable to 2 Cumberland Drive
Bedrooms	this home 5 · comparable 4	+$100,540
Land size	this home 864 m² · comparable 432 m²	+$73,613
Floor area	this home 154 m² · comparable 133 m²	+$39,715
Car spaces	this home 2 · comparable 3	−$32,000
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.49 km · comparable 3.76 km	+$8,067
Cladding	this home 2 · comparable 3	−$7,267
Street	this home 0.0563 · comparable 0.0515	+$6,374
Year built	this home 1992 · comparable 1993	−$2,149
Micro-location	this home 0.0436 · comparable 0.0447	−$1,461
Net adjustment		+$165,432

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 2 Cumberland 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 2 Cumberland 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

14 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 →

2 Cumberland Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Barbie Avenue

18 Massachusetts Court

32 Warbler Parade

3 Massachusetts Court

20 Daryl Drive

1 Thornleigh Crescent

5 Pristine Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 2 Cumberland Drive sit?