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.

6 Pristine Court

Sold 30 June 2026 · 1.00 km away

Sold for

$1,220,000

Adjusted to this home

$1,255,727

What we added and subtracted to make this sale comparable to 23 Babu Street
Year built	this home 2000 · comparable 1994	+$24,917
Micro-location	this home 0.0368 · comparable 0.0126	+$23,619
Distance to beach	this home 4.13 km · comparable 3.68 km	−$9,121
Floor area	this home 140 m² · comparable 143.96 m²	−$7,062
Land size	this home 445 m² · comparable 426 m²	+$3,374
Net adjustment		+$35,727

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.22 km away

Sold for

$1,400,000

Adjusted to this home

$1,346,774

What we added and subtracted to make this sale comparable to 23 Babu Street
Pool	this home 0 · comparable 1	−$64,000
Year built	this home 2000 · comparable 1995	+$20,764
Cladding	this home 2 · comparable 3	−$20,000
Micro-location	this home 0.0368 · comparable 0.0223	+$16,240
Floor area	this home 140 m² · comparable 145 m²	−$8,916
Land size	this home 445 m² · comparable 405 m²	+$7,104
Distance to beach	this home 4.13 km · comparable 3.92 km	−$4,418
Net adjustment		−$53,226

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

31 Roundelay Drive

Sold 30 July 2026 · 0.97 km away

Sold for

$1,380,000

Adjusted to this home

$1,315,034

What we added and subtracted to make this sale comparable to 23 Babu Street
Bedrooms	this home 3 · comparable 4	−$67,913
Year built	this home 2000 · comparable 1994	+$24,917
Floor area	this home 140 m² · comparable 151.3 m²	−$20,150
Distance to beach	this home 4.13 km · comparable 3.59 km	−$12,553
Micro-location	this home 0.0368 · comparable 0.0311	+$6,293
Land size	this home 445 m² · comparable 420 m²	+$4,440
Net adjustment		−$64,966

A further 11 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

$1,242,566

What we added and subtracted to make this sale comparable to 23 Babu Street
Condition	this home 8 · comparable 6	+$92,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 140 m² · comparable 125.33 m²	+$26,159
Micro-location	this home 0.0368 · comparable 0.0123	+$22,540
Year built	this home 2000 · comparable 1995	+$20,764
Distance to beach	this home 4.13 km · comparable 3.67 km	−$8,804
Land size	this home 445 m² · comparable 423 m²	+$3,907
Net adjustment		+$92,566

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

8 Cumberland Drive

Sold 3 June 2026 · 0.61 km away

Sold for

$1,415,000

Adjusted to this home

$1,384,754

What we added and subtracted to make this sale comparable to 23 Babu Street
Condition	this home 8 · comparable 7	+$56,600
Floor area	this home 140 m² · comparable 167.88 m²	−$49,716
Land size	this home 445 m² · comparable 703 m²	−$45,821
Year built	this home 2000 · comparable 1992	+$33,222
Distance to beach	this home 4.13 km · comparable 3.55 km	−$13,890
Micro-location	this home 0.0368 · comparable 0.0462	−$10,641
Net adjustment		−$30,246

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

39 Brier Crescent

Sold 16 May 2026 · 0.33 km away

Sold for

$1,302,000

Adjusted to this home

$1,213,281

What we added and subtracted to make this sale comparable to 23 Babu Street
Year built	this home 2000 · comparable 2013	−$53,986
Land size	this home 445 m² · comparable 708 m²	−$46,709
Car spaces	this home 2 · comparable 3	−$32,000
Micro-location	this home 0.0368 · comparable 0.0157	+$21,978
Cladding	this home 2 · comparable 1	+$20,000
Distance to beach	this home 4.13 km · comparable 4.35 km	+$3,781
Floor area	this home 140 m² · comparable 141 m²	−$1,783
Net adjustment		−$88,719

A further 10 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

$1,326,523

What we added and subtracted to make this sale comparable to 23 Babu Street
Condition	this home 8 · comparable 9	−$81,300
Floor area	this home 140 m² · comparable 114 m²	+$46,363
Year built	this home 2000 · comparable 1994	+$24,917
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.13 km · comparable 3.69 km	−$9,886
Micro-location	this home 0.0368 · comparable 0.0315	+$5,746
Land size	this home 445 m² · comparable 413 m²	+$5,683
Net adjustment		−$28,477

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

13 Acklin Court

Sold 2 September 2026 · 0.75 km away

Sold for

$1,110,000

Adjusted to this home

$1,086,950

What we added and subtracted to make this sale comparable to 23 Babu Street
Micro-location	this home 0.0368 · comparable 0.1014	−$57,365
Condition	this home 8 · comparable 7	+$44,400
Cladding	this home 2 · comparable 3	−$20,000
Land size	this home 445 m² · comparable 375 m²	+$12,432
Year built	this home 2000 · comparable 2002	−$8,306
Floor area	this home 140 m² · comparable 137 m²	+$5,350
Distance to beach	this home 4.13 km · comparable 4.16 km	+$439
Net adjustment		−$23,050

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 23 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 23 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

19 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 →

23 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

6 Pristine Court

9 Gainsborough Drive

31 Roundelay Drive

4 Pascali Court

8 Cumberland Drive

39 Brier Crescent

21 Altissimo Close

13 Acklin Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 23 Babu Street sit?