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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.17 km away

Sold for

$1,400,000

Adjusted to this home

$1,399,192

What we added and subtracted to make this sale comparable to 20 Babu Street
Condition	this home 6 · comparable 8	−$112,000
Bedrooms	this home 4 · comparable 3	+$82,546
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 2 · comparable 3	−$39,411
Floor area	this home 160 m² · comparable 145 m²	+$25,680
Land size	this home 520 m² · comparable 405 m²	+$21,252
Year built	this home 1999 · comparable 1995	+$17,418
Micro-location	this home 0.0284 · comparable 0.0223	+$6,832
Distance to beach	this home 4.06 km · comparable 3.92 km	−$3,125
Net adjustment		−$808

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

31 Roundelay Drive

Sold 30 July 2026 · 0.96 km away

Sold for

$1,380,000

Adjusted to this home

$1,374,487

What we added and subtracted to make this sale comparable to 20 Babu Street
Condition	this home 6 · comparable 8	−$110,400
Car spaces	this home 4 · comparable 2	+$64,000
Year built	this home 1999 · comparable 1994	+$21,772
Land size	this home 520 m² · comparable 420 m²	+$18,480
Floor area	this home 160 m² · comparable 151.3 m²	+$14,894
Distance to beach	this home 4.06 km · comparable 3.59 km	−$11,278
Micro-location	this home 0.0284 · comparable 0.0311	−$2,981
Net adjustment		−$5,513

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

39 Brier Crescent

Sold 16 May 2026 · 0.38 km away

Sold for

$1,302,000

Adjusted to this home

$1,306,833

What we added and subtracted to make this sale comparable to 20 Babu Street
Condition	this home 6 · comparable 8	−$104,160
Bedrooms	this home 4 · comparable 3	+$82,546
Year built	this home 1999 · comparable 2013	−$60,962
Cladding	this home 2 · comparable 1	+$39,411
Land size	this home 520 m² · comparable 708 m²	−$34,742
Floor area	this home 160 m² · comparable 141 m²	+$32,528
Car spaces	this home 4 · comparable 3	+$32,000
Micro-location	this home 0.0284 · comparable 0.0157	+$13,228
Distance to beach	this home 4.06 km · comparable 4.35 km	+$4,984
Net adjustment		+$4,833

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

8 Cumberland Drive

Sold 3 June 2026 · 0.56 km away

Sold for

$1,415,000

Adjusted to this home

$1,455,387

What we added and subtracted to make this sale comparable to 20 Babu Street
Bedrooms	this home 4 · comparable 3	+$82,546
Car spaces	this home 4 · comparable 2	+$64,000
Condition	this home 6 · comparable 7	−$56,600
Land size	this home 520 m² · comparable 703 m²	−$33,818
Year built	this home 1999 · comparable 1992	+$30,481
Micro-location	this home 0.0284 · comparable 0.0462	−$20,150
Floor area	this home 160 m² · comparable 167.88 m²	−$13,490
Distance to beach	this home 4.06 km · comparable 3.55 km	−$12,582
Net adjustment		+$40,387

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

21 Altissimo Close

Sold 3 February 2026 · 0.86 km away

Sold for

$1,355,000

Adjusted to this home

$1,380,739

What we added and subtracted to make this sale comparable to 20 Babu Street
Condition	this home 6 · comparable 9	−$189,700
Bedrooms	this home 4 · comparable 3	+$82,546
Floor area	this home 160 m² · comparable 114 m²	+$78,752
Car spaces	this home 4 · comparable 2	+$64,000
Cladding	this home 2 · comparable 3	−$39,411
Year built	this home 1999 · comparable 1994	+$21,772
Land size	this home 520 m² · comparable 413 m²	+$19,774
Distance to beach	this home 4.06 km · comparable 3.69 km	−$8,634
Micro-location	this home 0.0284 · comparable 0.0315	−$3,360
Net adjustment		+$25,739

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

15 Comore Drive

Sold 16 January 2026 · 0.68 km away

Sold for

$1,350,000

Adjusted to this home

$1,328,743

What we added and subtracted to make this sale comparable to 20 Babu Street
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.0284 · comparable 0.0738	−$49,032
Floor area	this home 160 m² · comparable 184 m²	−$41,088
Land size	this home 520 m² · comparable 423 m²	+$17,926
Year built	this home 1999 · comparable 2002	−$13,063
Net adjustment		−$21,257

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

4 Pascali Court

Sold 5 August 2026 · 1.02 km away

Sold for

$1,150,000

Adjusted to this home

$1,334,315

What we added and subtracted to make this sale comparable to 20 Babu Street
Bedrooms	this home 4 · comparable 3	+$82,546
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 160 m² · comparable 125.33 m²	+$59,355
Land size	this home 520 m² · comparable 423 m²	+$17,926
Year built	this home 1999 · comparable 1995	+$17,418
Micro-location	this home 0.0284 · comparable 0.0123	+$14,812
Distance to beach	this home 4.06 km · comparable 3.67 km	−$7,742
Net adjustment		+$184,315

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

56 Southlake Drive

Sold 21 July 2026 · 0.64 km away

Sold for

$1,660,000

Adjusted to this home

$1,394,669

What we added and subtracted to make this sale comparable to 20 Babu Street
Condition	this home 6 · comparable 9	−$232,400
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 160 m² · comparable 133 m²	+$46,224
Cladding	this home 2 · comparable 3	−$39,411
Car spaces	this home 4 · comparable 3	+$32,000
Year built	this home 1999 · comparable 1993	+$26,126
Micro-location	this home 0.0284 · comparable 0.0447	−$21,646
Air conditioning	this home 0 · comparable 1	−$20,000
Land size	this home 520 m² · comparable 432 m²	+$16,262
Distance to beach	this home 4.06 km · comparable 3.76 km	−$8,486
Net adjustment		−$265,331

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 20 Babu 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 20 Babu 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

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 →

20 Babu Street

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

9 Gainsborough Drive

31 Roundelay Drive

39 Brier Crescent

8 Cumberland Drive

21 Altissimo Close

15 Comore Drive

4 Pascali Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 20 Babu Street sit?