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.

4 Pascali Court

Sold 5 August 2026 · 0.46 km away

Sold for

$1,150,000

Adjusted to this home

$1,120,942

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Street	this home 0.0515 · comparable -0.0364	+$80,868
Pool	this home 0 · comparable 1	−$73,242
Bathrooms	this home 1 · comparable 2	−$52,000
Condition	this home 7 · comparable 6	+$46,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0368 · comparable 0.0123	+$22,540
Floor area	this home 116 m² · comparable 125.33 m²	−$19,227
Year built	this home 1992 · comparable 1995	−$4,548
Distance to beach	this home 3.55 km · comparable 3.67 km	+$2,484
Land size	this home 435 m² · comparable 423 m²	+$67
Net adjustment		−$29,058

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

6 Pristine Court

Sold 30 June 2026 · 0.44 km away

Sold for

$1,220,000

Adjusted to this home

$1,166,386

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Street	this home 0.0515 · comparable -0.0146	+$64,514
Floor area	this home 116 m² · comparable 143.96 m²	−$57,620
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0368 · comparable 0.0126	+$23,619
Year built	this home 1992 · comparable 1994	−$3,032
Distance to beach	this home 3.55 km · comparable 3.68 km	+$2,855
Land size	this home 435 m² · comparable 426 m²	+$50
Net adjustment		−$53,614

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

3 Dorothy Place

Sold 27 March 2026 · 0.26 km away

Sold for

$1,300,000

Adjusted to this home

$1,156,904

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Pool	this home 0 · comparable 1	−$73,242
Bathrooms	this home 1 · comparable 2	−$52,000
Condition	this home 7 · comparable 6	+$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 116 m² · comparable 129.58 m²	−$27,986
Micro-location	this home 0.0368 · comparable 0.0479	−$11,544
Distance to beach	this home 3.55 km · comparable 3.81 km	+$6,084
Year built	this home 1992 · comparable 1995	−$4,548
Land size	this home 435 m² · comparable 410 m²	+$140
Net adjustment		−$143,096

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.55 km away

Sold for

$1,400,000

Adjusted to this home

$1,152,256

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Pool	this home 0 · comparable 1	−$66,106
Floor area	this home 116 m² · comparable 145 m²	−$53,941
Condition	this home 7 · comparable 8	−$50,544
Bathrooms	this home 1 · comparable 2	−$46,934
Cladding	this home 2 · comparable 3	−$33,497
Car spaces	this home 1 · comparable 2	−$28,882
Micro-location	this home 0.0368 · comparable 0.0223	+$14,658
Street	this home 0.0515 · comparable 0.0386	+$13,040
Distance to beach	this home 3.55 km · comparable 3.92 km	+$8,415
Year built	this home 1992 · comparable 1995	−$4,105
Land size	this home 435 m² · comparable 405 m²	+$152
Net adjustment		−$247,744

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

31 Roundelay Drive

Sold 30 July 2026 · 0.35 km away

Sold for

$1,380,000

Adjusted to this home

$1,201,679

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Street	this home 0.0515 · comparable -0.023	+$82,248
Floor area	this home 116 m² · comparable 151.3 m²	−$72,746
Condition	this home 7 · comparable 8	−$55,200
Bedrooms	this home 3 · comparable 4	−$52,962
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0368 · comparable 0.0311	+$6,293
Year built	this home 1992 · comparable 1994	−$3,032
Distance to beach	this home 3.55 km · comparable 3.59 km	+$994
Land size	this home 435 m² · comparable 420 m²	+$84
Net adjustment		−$178,321

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

28 Pristine Court

Sold 8 October 2026 · 0.53 km away

Sold for

$1,170,000

Adjusted to this home

$1,019,439

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Pool	this home 0 · comparable 1	−$73,242
Street	this home 0.0515 · comparable -0.0146	+$61,870
Floor area	this home 116 m² · comparable 141.71 m²	−$52,983
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Year built	this home 1992 · comparable 1995	−$4,548
Micro-location	this home 0.0368 · comparable 0.0342	+$2,434
Distance to beach	this home 3.55 km · comparable 3.54 km	−$210
Land size	this home 435 m² · comparable 414 m²	+$118
Net adjustment		−$150,561

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

3 Massachusetts Court

Sold 22 July 2026 · 0.66 km away

Sold for

$1,400,000

Adjusted to this home

$1,129,698

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Pool	this home 0 · comparable 1	−$73,242
Bedrooms	this home 3 · comparable 4	−$52,962
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0368 · comparable 0.0574	−$23,072
Distance to beach	this home 3.55 km · comparable 3.1 km	−$11,340
Street	this home 0.0515 · comparable 0.0616	−$11,312
Floor area	this home 116 m² · comparable 120.1 m²	−$8,450
Year built	this home 1992 · comparable 1996	−$6,064
Land size	this home 435 m² · comparable 410 m²	+$140
Net adjustment		−$270,302

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

8 Cumberland Drive

Sold 3 June 2026 · 0.28 km away

Sold for

$1,415,000

Adjusted to this home

$1,206,510

What we added and subtracted to make this sale comparable to 24 Southlake Drive
Floor area	this home 116 m² · comparable 167.88 m²	−$106,914
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0368 · comparable 0.0462	−$10,641
Street	this home 0.0515 · comparable 0.0563	−$5,434
Land size	this home 435 m² · comparable 703 m²	−$1,501
Net adjustment		−$208,490

A further 12 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 24 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 24 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 →

24 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

4 Pascali Court

6 Pristine Court

3 Dorothy Place

9 Gainsborough Drive

31 Roundelay Drive

28 Pristine Court

3 Massachusetts Court

8 Cumberland Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 24 Southlake Drive sit?