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.

28 Pristine Court

Sold 8 October 2026 · 0.74 km away

Sold for

$1,170,000

Adjusted to this home

$1,193,140

What we added and subtracted to make this sale comparable to 2 Purdue Street
Pool	this home 0 · comparable 1	−$37,915
Micro-location	this home 0.0724 · comparable 0.0342	+$35,755
Distance to beach	this home 2.89 km · comparable 3.54 km	+$13,689
Year built	this home 1997 · comparable 1995	+$6,400
Floor area	this home 144 m² · comparable 141.71 m²	+$4,750
Land size	this home 438 m² · comparable 414 m²	+$461
Net adjustment		+$23,140

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

3 Massachusetts Court

Sold 22 July 2026 · 0.38 km away

Sold for

$1,400,000

Adjusted to this home

$1,321,174

What we added and subtracted to make this sale comparable to 2 Purdue Street
Bedrooms	this home 3 · comparable 4	−$116,319
Floor area	this home 144 m² · comparable 120.1 m²	+$49,578
Pool	this home 0 · comparable 1	−$37,915
Micro-location	this home 0.0724 · comparable 0.0574	+$16,800
Distance to beach	this home 2.89 km · comparable 3.1 km	+$5,292
Year built	this home 1997 · comparable 1996	+$3,200
Land size	this home 438 m² · comparable 410 m²	+$538
Net adjustment		−$78,826

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

16 Stanford Avenue

Sold 25 September 2026 · 0.04 km away

Sold for

$1,185,000

Adjusted to this home

$1,159,434

What we added and subtracted to make this sale comparable to 2 Purdue Street
Cladding	this home 2 · comparable 3	−$20,000
Floor area	this home 144 m² · comparable 149.41 m²	−$11,222
Year built	this home 1997 · comparable 1996	+$3,200
Micro-location	this home 0.0724 · comparable 0.0704	+$1,896
Land size	this home 438 m² · comparable 420 m²	+$346
Distance to beach	this home 2.89 km · comparable 2.9 km	+$214
Net adjustment		−$25,566

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

9 Gainsborough Drive

Sold 14 September 2026 · 1.15 km away

Sold for

$1,400,000

Adjusted to this home

$1,373,113

What we added and subtracted to make this sale comparable to 2 Purdue Street
Micro-location	this home 0.0724 · comparable 0.0223	+$56,112
Condition	this home 7 · comparable 8	−$56,000
Pool	this home 0 · comparable 1	−$37,915
Distance to beach	this home 2.89 km · comparable 3.92 km	+$25,956
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 1997 · comparable 1995	+$6,400
Floor area	this home 144 m² · comparable 145 m²	−$2,074
Land size	this home 438 m² · comparable 405 m²	+$634
Net adjustment		−$26,887

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

6 Pristine Court

Sold 30 June 2026 · 0.83 km away

Sold for

$1,220,000

Adjusted to this home

$1,305,627

What we added and subtracted to make this sale comparable to 2 Purdue Street
Micro-location	this home 0.0724 · comparable 0.0126	+$58,365
Distance to beach	this home 2.89 km · comparable 3.68 km	+$17,349
Year built	this home 1997 · comparable 1994	+$9,600
Land size	this home 438 m² · comparable 426 m²	+$230
Floor area	this home 144 m² · comparable 143.96 m²	+$83
Net adjustment		+$85,627

A further 12 factors were compared and found the same on both properties, so no money moved.

31 Roundelay Drive

Sold 30 July 2026 · 0.72 km away

Sold for

$1,380,000

Adjusted to this home

$1,266,267

What we added and subtracted to make this sale comparable to 2 Purdue Street
Bedrooms	this home 3 · comparable 4	−$116,319
Condition	this home 7 · comparable 8	−$55,200
Micro-location	this home 0.0724 · comparable 0.0311	+$45,595
Distance to beach	this home 2.89 km · comparable 3.59 km	+$17,388
Floor area	this home 144 m² · comparable 151.3 m²	−$15,143
Year built	this home 1997 · comparable 1994	+$9,600
Land size	this home 438 m² · comparable 420 m²	+$346
Net adjustment		−$113,733

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

4 Pascali Court

Sold 5 August 2026 · 0.83 km away

Sold for

$1,150,000

Adjusted to this home

$1,274,940

What we added and subtracted to make this sale comparable to 2 Purdue Street
Micro-location	this home 0.0724 · comparable 0.0123	+$55,292
Condition	this home 7 · comparable 6	+$46,000
Floor area	this home 144 m² · comparable 125.33 m²	+$38,729
Pool	this home 0 · comparable 1	−$37,915
Distance to beach	this home 2.89 km · comparable 3.67 km	+$16,146
Year built	this home 1997 · comparable 1995	+$6,400
Land size	this home 438 m² · comparable 423 m²	+$288
Net adjustment		+$124,940

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

8 Cumberland Drive

Sold 3 June 2026 · 0.76 km away

Sold for

$1,415,000

Adjusted to this home

$1,422,843

What we added and subtracted to make this sale comparable to 2 Purdue Street
Floor area	this home 144 m² · comparable 167.88 m²	−$49,537
Micro-location	this home 0.0724 · comparable 0.0462	+$29,658
Distance to beach	this home 2.89 km · comparable 3.55 km	+$16,810
Year built	this home 1997 · comparable 1992	+$16,000
Land size	this home 438 m² · comparable 703 m²	−$5,088
Net adjustment		+$7,843

A further 12 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 Purdue Street 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 Purdue Street 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 Purdue Street

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

28 Pristine Court

3 Massachusetts Court

16 Stanford Avenue

9 Gainsborough Drive

6 Pristine Court

31 Roundelay Drive

4 Pascali Court

8 Cumberland Drive

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