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.

18 Massachusetts Court

Sold 9 July 2026 · 0.79 km away

Sold for

$1,450,000

Adjusted to this home

$1,477,579

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Floor area	this home 175 m² · comparable 137 m²	+$78,219
Street	this home 0.016 · comparable 0.0616	−$52,896
Bathrooms	this home 3 · comparable 2	+$37,802
Micro-location	this home 0.0444 · comparable 0.0654	−$24,360
Cladding	this home 2 · comparable 3	−$20,000
Land size	this home 792 m² · comparable 630 m²	+$10,627
Distance to beach	this home 3.42 km · comparable 3.09 km	−$8,613
Year built	this home 2001 · comparable 1997	+$6,800
Net adjustment		+$27,579

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

21 Cumberland Drive

Sold 4 December 2025 · 0.36 km away

Sold for

$1,450,000

Adjusted to this home

$1,436,361

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Condition	this home 7 · comparable 9	−$145,000
Bedrooms	this home 4 · comparable 3	+$78,922
Street	this home 0.016 · comparable 0.0563	−$46,748
Bathrooms	this home 3 · comparable 2	+$37,802
Floor area	this home 175 m² · comparable 157 m²	+$37,051
Land size	this home 792 m² · comparable 467 m²	+$21,320
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 2001 · comparable 1992	+$15,300
Distance to beach	this home 3.42 km · comparable 3.64 km	+$5,742
Micro-location	this home 0.0444 · comparable 0.0427	+$1,972
Net adjustment		−$13,639

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

3 Massachusetts Court

Sold 22 July 2026 · 0.89 km away

Sold for

$1,400,000

Adjusted to this home

$1,510,671

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Floor area	this home 175 m² · comparable 120.1 m²	+$113,006
Street	this home 0.016 · comparable 0.0616	−$51,072
Bathrooms	this home 3 · comparable 2	+$37,802
Land size	this home 792 m² · comparable 410 m²	+$25,059
Micro-location	this home 0.0444 · comparable 0.0574	−$14,560
Year built	this home 2001 · comparable 1996	+$8,500
Distance to beach	this home 3.42 km · comparable 3.1 km	−$8,064
Net adjustment		+$110,671

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.50 km away

Sold for

$1,400,000

Adjusted to this home

$1,550,103

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$78,922
Floor area	this home 175 m² · comparable 145 m²	+$61,752
Condition	this home 7 · comparable 8	−$56,000
Bathrooms	this home 3 · comparable 2	+$37,802
Land size	this home 792 m² · comparable 405 m²	+$25,387
Street	this home 0.016 · comparable 0.0386	−$25,312
Micro-location	this home 0.0444 · comparable 0.0223	+$24,752
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 3.42 km · comparable 3.92 km	+$12,600
Year built	this home 2001 · comparable 1995	+$10,200
Net adjustment		+$150,103

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

8 Cumberland Drive

Sold 3 June 2026 · 0.17 km away

Sold for

$1,415,000

Adjusted to this home

$1,536,875

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$78,922
Street	this home 0.016 · comparable 0.0563	−$45,619
Bathrooms	this home 3 · comparable 2	+$37,802
Year built	this home 2001 · comparable 1992	+$15,300
Floor area	this home 175 m² · comparable 167.88 m²	+$14,656
Pool	this home 1 · comparable 0	+$13,703
Land size	this home 792 m² · comparable 703 m²	+$5,838
Distance to beach	this home 3.42 km · comparable 3.55 km	+$3,311
Micro-location	this home 0.0444 · comparable 0.0462	−$2,038
Net adjustment		+$121,875

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

31 Roundelay Drive

Sold 30 July 2026 · 0.75 km away

Sold for

$1,380,000

Adjusted to this home

$1,523,353

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Condition	this home 7 · comparable 8	−$55,200
Floor area	this home 175 m² · comparable 151.3 m²	+$48,784
Street	this home 0.016 · comparable -0.023	+$43,056
Bathrooms	this home 3 · comparable 2	+$37,802
Land size	this home 792 m² · comparable 420 m²	+$24,403
Micro-location	this home 0.0444 · comparable 0.0311	+$14,683
Pool	this home 1 · comparable 0	+$13,703
Year built	this home 2001 · comparable 1994	+$11,900
Distance to beach	this home 3.42 km · comparable 3.59 km	+$4,222
Net adjustment		+$143,353

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

4 Barbie Avenue

Sold 5 August 2026 · 0.70 km away

Sold for

$1,515,000

Adjusted to this home

$1,364,182

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Condition	this home 7 · comparable 9	−$151,500
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 175 m² · comparable 151 m²	+$49,402
Cladding	this home 2 · comparable 4	−$40,000
Bathrooms	this home 3 · comparable 2	+$37,802
Micro-location	this home 0.0444 · comparable 0.0574	−$15,756
Distance to beach	this home 3.42 km · comparable 3.98 km	+$15,271
Land size	this home 792 m² · comparable 570 m²	+$14,563
Year built	this home 2001 · comparable 1999	+$3,400
Net adjustment		−$150,818

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

56 Southlake Drive

Sold 21 July 2026 · 0.59 km away

Sold for

$1,660,000

Adjusted to this home

$1,546,088

What we added and subtracted to make this sale comparable to 21 Lakeridge Drive
Condition	this home 7 · comparable 9	−$166,000
Floor area	this home 175 m² · comparable 133 m²	+$86,453
Street	this home 0.016 · comparable 0.0515	−$47,144
Bathrooms	this home 3 · comparable 2	+$37,802
Car spaces	this home 2 · comparable 3	−$32,000
Land size	this home 792 m² · comparable 432 m²	+$23,616
Cladding	this home 2 · comparable 3	−$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2001 · comparable 1993	+$13,600
Distance to beach	this home 3.42 km · comparable 3.76 km	+$10,159
Micro-location	this home 0.0444 · comparable 0.0447	−$398
Net adjustment		−$113,912

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 21 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 21 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

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 →

21 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

18 Massachusetts Court

21 Cumberland Drive

3 Massachusetts Court

9 Gainsborough Drive

8 Cumberland Drive

31 Roundelay Drive

4 Barbie Avenue

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 21 Lakeridge Drive sit?