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 · 0.87 km away

Sold for

$1,515,000

Adjusted to this home

$1,525,128

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Car spaces	this home 2 · comparable 4	−$64,000
Land size	this home 705 m² · comparable 570 m²	+$59,400
Bedrooms	this home 5 · comparable 4	+$44,810
Year built	this home 1987 · comparable 1999	−$29,808
Cladding	this home 3 · comparable 4	−$20,000
Distance to beach	this home 3.29 km · comparable 3.98 km	+$18,816
Floor area	this home 156 m² · comparable 151 m²	+$13,152
Micro-location	this home 0.0473 · comparable 0.0574	−$12,242
Net adjustment		+$10,128

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

18 Massachusetts Court

Sold 9 July 2026 · 0.82 km away

Sold for

$1,450,000

Adjusted to this home

$1,473,836

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Street	this home 0.016 · comparable 0.0616	−$52,896
Floor area	this home 156 m² · comparable 137 m²	+$49,978
Bedrooms	this home 5 · comparable 4	+$44,810
Land size	this home 705 m² · comparable 630 m²	+$33,000
Year built	this home 1987 · comparable 1997	−$24,840
Micro-location	this home 0.0473 · comparable 0.0654	−$20,996
Distance to beach	this home 3.29 km · comparable 3.09 km	−$5,220
Net adjustment		+$23,836

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

20 Daryl Drive

Sold 29 October 2025 · 0.75 km away

Sold for

$1,570,000

Adjusted to this home

$1,494,383

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Floor area	this home 156 m² · comparable 201.88 m²	−$120,682
Street	this home 0.016 · comparable 0.0704	−$68,326
Land size	this home 705 m² · comparable 586 m²	+$52,360
Bedrooms	this home 5 · comparable 4	+$44,810
Year built	this home 1987 · comparable 1998	−$27,324
Micro-location	this home 0.0473 · comparable 0.0291	+$22,859
Distance to beach	this home 3.29 km · comparable 4.03 km	+$20,686
Net adjustment		−$75,617

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

1 Thornleigh Crescent

Sold 24 March 2026 · 0.52 km away

Sold for

$1,715,000

Adjusted to this home

$1,551,121

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Street	this home 0.016 · comparable 0.1043	−$121,147
Floor area	this home 156 m² · comparable 188 m²	−$84,173
Bedrooms	this home 5 · comparable 4	+$44,810
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 1987 · comparable 1994	−$17,388
Distance to beach	this home 3.29 km · comparable 3.7 km	+$12,657
Pool	this home 1 · comparable 0	+$6,956
Land size	this home 705 m² · comparable 692 m²	+$5,720
Micro-location	this home 0.0473 · comparable 0.0468	+$686
Net adjustment		−$163,879

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

15 Comore Drive

Sold 16 January 2026 · 1.04 km away

Sold for

$1,350,000

Adjusted to this home

$1,357,137

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Land size	this home 705 m² · comparable 423 m²	+$124,080
Floor area	this home 156 m² · comparable 184 m²	−$73,651
Street	this home 0.016 · comparable 0.0785	−$67,500
Bedrooms	this home 5 · comparable 4	+$44,810
Year built	this home 1987 · comparable 2002	−$37,260
Micro-location	this home 0.0473 · comparable 0.0738	−$28,620
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.29 km · comparable 4.06 km	+$18,322
Pool	this home 1 · comparable 0	+$6,956
Net adjustment		+$7,137

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

5 Pristine Court

Sold 21 November 2025 · 0.97 km away

Sold for

$1,490,000

Adjusted to this home

$1,572,625

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Floor area	this home 156 m² · comparable 225 m²	−$181,498
Land size	this home 705 m² · comparable 401 m²	+$133,760
Bedrooms	this home 5 · comparable 4	+$44,810
Micro-location	this home 0.0473 · comparable 0.0136	+$40,170
Street	this home 0.016 · comparable -0.0146	+$36,475
Year built	this home 1987 · comparable 1996	−$22,356
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.29 km · comparable 3.71 km	+$11,264
Net adjustment		+$82,625

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

3 Massachusetts Court

Sold 22 July 2026 · 0.93 km away

Sold for

$1,400,000

Adjusted to this home

$1,599,513

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Land size	this home 705 m² · comparable 410 m²	+$129,800
Floor area	this home 156 m² · comparable 120.1 m²	+$94,431
Street	this home 0.016 · comparable 0.0616	−$51,072
Bedrooms	this home 5 · comparable 4	+$44,810
Year built	this home 1987 · comparable 1996	−$22,356
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0473 · comparable 0.0574	−$11,312
Distance to beach	this home 3.29 km · comparable 3.1 km	−$4,788
Net adjustment		+$199,513

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

31 Roundelay Drive

Sold 30 July 2026 · 0.88 km away

Sold for

$1,380,000

Adjusted to this home

$1,640,534

What we added and subtracted to make this sale comparable to 2 Lakeridge Drive
Land size	this home 705 m² · comparable 420 m²	+$125,400
Bedrooms	this home 5 · comparable 4	+$44,810
Street	this home 0.016 · comparable -0.023	+$43,056
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0473 · comparable 0.0311	+$17,885
Year built	this home 1987 · comparable 1994	−$17,388
Floor area	this home 156 m² · comparable 151.3 m²	+$12,363
Distance to beach	this home 3.29 km · comparable 3.59 km	+$7,452
Pool	this home 1 · comparable 0	+$6,956
Net adjustment		+$260,534

A further 9 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 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 2 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 →

2 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

4 Barbie Avenue

18 Massachusetts Court

20 Daryl Drive

1 Thornleigh Crescent

15 Comore Drive

5 Pristine Court

3 Massachusetts Court

31 Roundelay Drive

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