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 · 0.09 km away

Sold for

$1,400,000

Adjusted to this home

$1,353,718

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 8	−$56,000
Car spaces	this home 3 · comparable 2	+$53,321
Land size	this home 689 m² · comparable 405 m²	+$37,261
Cladding	this home 2 · comparable 3	−$15,352
Micro-location	this home 0.0214 · comparable 0.0223	−$1,008
Distance to beach	this home 3.94 km · comparable 3.92 km	−$504
Net adjustment		−$46,282

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

39 Brier Crescent

Sold 16 May 2026 · 0.49 km away

Sold for

$1,302,000

Adjusted to this home

$1,293,367

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Street	this home 0.0386 · comparable -0.0225	+$63,642
Year built	this home 1995 · comparable 2013	−$53,914
Condition	this home 7 · comparable 8	−$52,080
Cladding	this home 2 · comparable 1	+$15,352
Floor area	this home 145 m² · comparable 141 m²	+$7,501
Distance to beach	this home 3.94 km · comparable 4.35 km	+$7,422
Micro-location	this home 0.0214 · comparable 0.0157	+$5,937
Land size	this home 689 m² · comparable 708 m²	−$2,493
Net adjustment		−$8,633

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

31 Roundelay Drive

Sold 30 July 2026 · 0.92 km away

Sold for

$1,380,000

Adjusted to this home

$1,307,316

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Bedrooms	this home 3 · comparable 4	−$145,882
Street	this home 0.0386 · comparable -0.023	+$68,006
Condition	this home 7 · comparable 8	−$55,200
Car spaces	this home 3 · comparable 2	+$53,321
Land size	this home 689 m² · comparable 420 m²	+$35,293
Floor area	this home 145 m² · comparable 151.3 m²	−$11,814
Micro-location	this home 0.0214 · comparable 0.0311	−$10,709
Distance to beach	this home 3.94 km · comparable 3.59 km	−$8,694
Year built	this home 1995 · comparable 1994	+$2,995
Net adjustment		−$72,684

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

8 Cumberland Drive

Sold 3 June 2026 · 0.46 km away

Sold for

$1,415,000

Adjusted to this home

$1,374,520

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Car spaces	this home 3 · comparable 2	+$53,321
Floor area	this home 145 m² · comparable 167.88 m²	−$42,905
Micro-location	this home 0.0214 · comparable 0.0462	−$28,074
Street	this home 0.0386 · comparable 0.0563	−$20,037
Distance to beach	this home 3.94 km · comparable 3.55 km	−$9,934
Year built	this home 1995 · comparable 1992	+$8,986
Land size	this home 689 m² · comparable 703 m²	−$1,837
Net adjustment		−$40,480

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

28 Pristine Court

Sold 8 October 2026 · 1.11 km away

Sold for

$1,170,000

Adjusted to this home

$1,230,961

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 3 · comparable 2	+$53,321
Street	this home 0.0386 · comparable -0.0146	+$49,795
Land size	this home 689 m² · comparable 414 m²	+$36,080
Micro-location	this home 0.0214 · comparable 0.0342	−$11,981
Distance to beach	this home 3.94 km · comparable 3.54 km	−$8,424
Floor area	this home 145 m² · comparable 141.71 m²	+$6,170
Net adjustment		+$60,961

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

36 Roundelay Drive

Sold 23 December 2025 · 0.91 km away

Sold for

$1,352,000

Adjusted to this home

$1,311,975

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Condition	this home 7 · comparable 9	−$135,200
Street	this home 0.0386 · comparable -0.023	+$66,626
Car spaces	this home 3 · comparable 2	+$53,321
Land size	this home 689 m² · comparable 415 m²	+$35,949
Floor area	this home 145 m² · comparable 161 m²	−$30,003
Cladding	this home 2 · comparable 3	−$15,352
Distance to beach	this home 3.94 km · comparable 3.51 km	−$10,465
Micro-location	this home 0.0214 · comparable 0.0287	−$7,896
Year built	this home 1995 · comparable 1994	+$2,995
Net adjustment		−$40,025

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

3 Dorothy Place

Sold 27 March 2026 · 0.57 km away

Sold for

$1,300,000

Adjusted to this home

$1,376,239

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 3 · comparable 2	+$53,321
Condition	this home 7 · comparable 6	+$52,000
Land size	this home 689 m² · comparable 410 m²	+$36,605
Floor area	this home 145 m² · comparable 129.58 m²	+$28,915
Micro-location	this home 0.0214 · comparable 0.0479	−$27,560
Distance to beach	this home 3.94 km · comparable 3.81 km	−$3,042
Net adjustment		+$76,239

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

4 Pascali Court

Sold 5 August 2026 · 0.99 km away

Sold for

$1,150,000

Adjusted to this home

$1,328,888

What we added and subtracted to make this sale comparable to 23 Gainsborough Drive
Street	this home 0.0386 · comparable -0.0364	+$69,000
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 3 · comparable 2	+$53,321
Condition	this home 7 · comparable 6	+$46,000
Floor area	this home 145 m² · comparable 125.33 m²	+$36,885
Land size	this home 689 m² · comparable 423 m²	+$34,899
Micro-location	this home 0.0214 · comparable 0.0123	+$8,372
Distance to beach	this home 3.94 km · comparable 3.67 km	−$5,589
Net adjustment		+$178,888

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 Gainsborough 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 23 Gainsborough 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 →

23 Gainsborough Drive

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

39 Brier Crescent

31 Roundelay Drive

8 Cumberland Drive

28 Pristine Court

36 Roundelay Drive

3 Dorothy Place

4 Pascali Court

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