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.

3 Massachusetts Court

Sold 22 July 2026 · 0.68 km away

Sold for

$1,400,000

Adjusted to this home

$1,378,220

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Pool	this home 0 · comparable 1	−$66,221
Condition	this home 8 · comparable 7	+$56,000
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.0374 · comparable 0.0574	−$22,400
Distance to beach	this home 3.56 km · comparable 3.1 km	−$11,592
Street	this home 0.0515 · comparable 0.0616	−$11,312
Land size	this home 435 m² · comparable 410 m²	+$11,000
Floor area	this home 117 m² · comparable 120.1 m²	−$6,554
Year built	this home 1992 · comparable 1996	−$2,701
Net adjustment		−$21,780

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.52 km away

Sold for

$1,400,000

Adjusted to this home

$1,419,364

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Bedrooms	this home 4 · comparable 3	+$87,532
Pool	this home 0 · comparable 1	−$66,221
Floor area	this home 117 m² · comparable 145 m²	−$59,203
Car spaces	this home 3 · comparable 2	+$32,000
Cladding	this home 2 · comparable 3	−$26,350
Micro-location	this home 0.0374 · comparable 0.0223	+$16,912
Street	this home 0.0515 · comparable 0.0386	+$14,448
Land size	this home 435 m² · comparable 405 m²	+$13,200
Distance to beach	this home 3.56 km · comparable 3.92 km	+$9,072
Year built	this home 1992 · comparable 1995	−$2,026
Net adjustment		+$19,364

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

8 Cumberland Drive

Sold 3 June 2026 · 0.25 km away

Sold for

$1,415,000

Adjusted to this home

$1,349,981

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Land size	this home 435 m² · comparable 703 m²	−$117,920
Floor area	this home 117 m² · comparable 167.88 m²	−$107,581
Bedrooms	this home 4 · comparable 3	+$87,532
Condition	this home 8 · comparable 7	+$56,600
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.0374 · comparable 0.0462	−$9,962
Street	this home 0.0515 · comparable 0.0563	−$5,434
Distance to beach	this home 3.56 km · comparable 3.55 km	−$254
Net adjustment		−$65,019

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

31 Roundelay Drive

Sold 30 July 2026 · 0.38 km away

Sold for

$1,380,000

Adjusted to this home

$1,434,674

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Street	this home 0.0515 · comparable -0.023	+$82,248
Floor area	this home 117 m² · comparable 151.3 m²	−$72,524
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.0374 · comparable 0.0311	+$6,955
Land size	this home 435 m² · comparable 420 m²	+$6,600
Year built	this home 1992 · comparable 1994	−$1,350
Distance to beach	this home 3.56 km · comparable 3.59 km	+$745
Net adjustment		+$54,674

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

16 Stanford Avenue

Sold 25 September 2026 · 0.69 km away

Sold for

$1,185,000

Adjusted to this home

$1,215,591

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Bedrooms	this home 4 · comparable 3	+$87,532
Floor area	this home 117 m² · comparable 149.41 m²	−$68,528
Condition	this home 8 · comparable 7	+$47,400
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.0374 · comparable 0.0704	−$31,284
Cladding	this home 2 · comparable 3	−$26,350
Distance to beach	this home 3.56 km · comparable 2.9 km	−$14,078
Land size	this home 435 m² · comparable 420 m²	+$6,600
Year built	this home 1992 · comparable 1996	−$2,701
Net adjustment		+$30,591

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

36 Roundelay Drive

Sold 23 December 2025 · 0.33 km away

Sold for

$1,352,000

Adjusted to this home

$1,367,250

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Floor area	this home 117 m² · comparable 161 m²	−$93,034
Bedrooms	this home 4 · comparable 3	+$87,532
Condition	this home 8 · comparable 9	−$81,120
Street	this home 0.0515 · comparable -0.023	+$80,579
Car spaces	this home 3 · comparable 2	+$32,000
Cladding	this home 2 · comparable 3	−$26,350
Micro-location	this home 0.0374 · comparable 0.0287	+$9,410
Land size	this home 435 m² · comparable 415 m²	+$8,800
Year built	this home 1992 · comparable 1994	−$1,350
Distance to beach	this home 3.56 km · comparable 3.51 km	−$1,217
Net adjustment		+$15,250

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

28 Pristine Court

Sold 8 October 2026 · 0.56 km away

Sold for

$1,170,000

Adjusted to this home

$1,289,521

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Bedrooms	this home 4 · comparable 3	+$87,532
Pool	this home 0 · comparable 1	−$66,221
Street	this home 0.0515 · comparable -0.0146	+$61,870
Floor area	this home 117 m² · comparable 141.71 m²	−$52,247
Condition	this home 8 · comparable 7	+$46,800
Car spaces	this home 3 · comparable 2	+$32,000
Land size	this home 435 m² · comparable 414 m²	+$9,240
Micro-location	this home 0.0374 · comparable 0.0342	+$2,995
Year built	this home 1992 · comparable 1995	−$2,026
Distance to beach	this home 3.56 km · comparable 3.54 km	−$422
Net adjustment		+$119,521

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

6 Pristine Court

Sold 30 June 2026 · 0.47 km away

Sold for

$1,220,000

Adjusted to this home

$1,376,492

What we added and subtracted to make this sale comparable to 20 Southlake Drive
Bedrooms	this home 4 · comparable 3	+$87,532
Street	this home 0.0515 · comparable -0.0146	+$64,514
Floor area	this home 117 m² · comparable 143.96 m²	−$57,004
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.0374 · comparable 0.0126	+$24,205
Land size	this home 435 m² · comparable 426 m²	+$3,960
Distance to beach	this home 3.56 km · comparable 3.68 km	+$2,635
Year built	this home 1992 · comparable 1994	−$1,350
Net adjustment		+$156,492

A further 10 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 Southlake 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 20 Southlake 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 →

20 Southlake Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

9 Gainsborough Drive

8 Cumberland Drive

31 Roundelay Drive

16 Stanford Avenue

36 Roundelay Drive

28 Pristine Court

6 Pristine Court

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