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 · 0.38 km away

Sold for

$1,380,000

Adjusted to this home

$1,406,451

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Bedrooms	this home 5 · comparable 4	+$82,318
Floor area	this home 126 m² · comparable 151.3 m²	−$36,331
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0456 · comparable 0.0311	+$16,008
Distance to beach	this home 3.83 km · comparable 3.59 km	−$5,962
Land size	this home 433 m² · comparable 420 m²	+$3,609
Year built	this home 1993 · comparable 1994	−$1,191
Net adjustment		+$26,451

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

15 Comore Drive

Sold 16 January 2026 · 0.26 km away

Sold for

$1,350,000

Adjusted to this home

$1,391,829

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Condition	this home 8 · comparable 6	+$108,000
Floor area	this home 126 m² · comparable 184 m²	−$83,288
Bedrooms	this home 5 · comparable 4	+$82,318
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0456 · comparable 0.0738	−$30,456
Year built	this home 1993 · comparable 2002	−$10,721
Distance to beach	this home 3.83 km · comparable 4.06 km	+$5,200
Land size	this home 433 m² · comparable 423 m²	+$2,776
Net adjustment		+$41,829

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

16 Dartmouth Court

Sold 9 December 2025 · 0.69 km away

Sold for

$1,300,000

Adjusted to this home

$1,298,390

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Bedrooms	this home 5 · comparable 4	+$82,318
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 126 m² · comparable 147.57 m²	−$30,974
Distance to beach	this home 3.83 km · comparable 3.28 km	−$12,870
Micro-location	this home 0.0456 · comparable 0.0576	−$12,480
Land size	this home 433 m² · comparable 400 m²	+$9,161
Year built	this home 1993 · comparable 1997	−$4,765
Net adjustment		−$1,610

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

5 Pristine Court

Sold 21 November 2025 · 0.36 km away

Sold for

$1,490,000

Adjusted to this home

$1,404,679

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Floor area	this home 126 m² · comparable 225 m²	−$142,164
Bedrooms	this home 5 · comparable 4	+$82,318
Micro-location	this home 0.0456 · comparable 0.0136	+$38,144
Pool	this home 0 · comparable 1	−$33,710
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 433 m² · comparable 401 m²	+$8,883
Year built	this home 1993 · comparable 1996	−$3,574
Distance to beach	this home 3.83 km · comparable 3.71 km	−$3,218
Net adjustment		−$85,321

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

18 Massachusetts Court

Sold 9 July 2026 · 0.81 km away

Sold for

$1,450,000

Adjusted to this home

$1,329,845

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Bedrooms	this home 5 · comparable 4	+$82,318
Land size	this home 433 m² · comparable 630 m²	−$54,687
Pool	this home 0 · comparable 1	−$33,710
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0456 · comparable 0.0654	−$22,968
Distance to beach	this home 3.83 km · comparable 3.09 km	−$19,314
Cladding	this home 2 · comparable 3	−$19,233
Floor area	this home 126 m² · comparable 137 m²	−$15,796
Year built	this home 1993 · comparable 1997	−$4,765
Net adjustment		−$120,155

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.65 km away

Sold for

$1,570,000

Adjusted to this home

$1,473,319

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Floor area	this home 126 m² · comparable 199 m²	−$104,828
Bedrooms	this home 5 · comparable 4	+$82,318
Micro-location	this home 0.0456 · comparable 0.0807	−$44,086
Pool	this home 0 · comparable 1	−$33,710
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 433 m² · comparable 331 m²	+$28,315
Year built	this home 1993 · comparable 2010	−$20,250
Cladding	this home 2 · comparable 1	+$19,233
Distance to beach	this home 3.83 km · comparable 4.17 km	+$8,327
Net adjustment		−$96,681

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

4 Barbie Avenue

Sold 5 August 2026 · 0.16 km away

Sold for

$1,515,000

Adjusted to this home

$1,246,952

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Car spaces	this home 1 · comparable 4	−$96,000
Condition	this home 8 · comparable 9	−$90,900
Bedrooms	this home 5 · comparable 4	+$82,318
Cladding	this home 2 · comparable 4	−$38,466
Land size	this home 433 m² · comparable 570 m²	−$38,031
Floor area	this home 126 m² · comparable 151 m²	−$35,900
Pool	this home 0 · comparable 1	−$33,710
Micro-location	this home 0.0456 · comparable 0.0574	−$14,302
Year built	this home 1993 · comparable 1999	−$7,147
Distance to beach	this home 3.83 km · comparable 3.98 km	+$4,090
Net adjustment		−$268,048

A further 7 factors were compared and found the same on both properties, so no money moved.

56 Southlake Drive

Sold 21 July 2026 · 0.07 km away

Sold for

$1,660,000

Adjusted to this home

$1,495,104

What we added and subtracted to make this sale comparable to 2 Dorothy Place
Condition	this home 8 · comparable 9	−$99,600
Bedrooms	this home 5 · comparable 4	+$82,318
Car spaces	this home 1 · comparable 3	−$64,000
Pool	this home 0 · comparable 1	−$33,710
Air conditioning	this home 0 · comparable 1	−$20,000
Cladding	this home 2 · comparable 3	−$19,233
Floor area	this home 126 m² · comparable 133 m²	−$10,052
Distance to beach	this home 3.83 km · comparable 3.76 km	−$2,092
Micro-location	this home 0.0456 · comparable 0.0447	+$1,195
Land size	this home 433 m² · comparable 432 m²	+$278
Net adjustment		−$164,896

A further 7 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 Dorothy Place 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 Dorothy Place 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 →

2 Dorothy Place

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

15 Comore Drive

16 Dartmouth Court

5 Pristine Court

18 Massachusetts Court

22 Elizabeth Crescent

4 Barbie Avenue

56 Southlake Drive

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