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.

12 Macallan Street

Sold 23 March 2026 · 2.47 km away

Sold for

$1,440,000

Adjusted to this home

$1,665,500

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Car spaces	this home 2 · comparable 5	−$161,590
Condition	this home 9 · comparable 7	+$144,000
Floor area	this home 334 m² · comparable 251 m²	+$132,800
Micro-location	this home 0.15 · comparable 0.1113	+$44,582
Bathrooms	this home 3 · comparable 2	+$40,000
Land size	this home 583 m² · comparable 735 m²	−$23,226
Year built	this home 2003 · comparable 1989	+$22,870
Cladding	this home 3 · comparable 2	+$14,400
Distance to beach	this home 7.25 km · comparable 9.11 km	+$11,664
Net adjustment		+$225,500

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

18 Nisbet Place

Sold 14 January 2026 · 2.22 km away

Sold for

$1,215,000

Adjusted to this home

$1,512,176

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Floor area	this home 334 m² · comparable 110.21 m²	+$145,624
Condition	this home 9 · comparable 7	+$49,414
Micro-location	this home 0.15 · comparable 0.0484	+$40,164
Bedrooms	this home 4 · comparable 3	+$25,810
Pool	this home 1 · comparable 0	+$21,148
Land size	this home 583 m² · comparable 858 m²	−$17,090
Bathrooms	this home 3 · comparable 2	+$16,268
Year built	this home 2003 · comparable 1994	+$5,979
Cladding	this home 3 · comparable 2	+$5,857
Distance to beach	this home 7.25 km · comparable 8.73 km	+$4,002
Net adjustment		+$297,176

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

14 Griffon Street

Sold 10 March 2026 · 1.95 km away

Sold for

$1,218,000

Adjusted to this home

$1,510,321

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Floor area	this home 334 m² · comparable 180 m²	+$83,567
Condition	this home 9 · comparable 6	+$57,832
Micro-location	this home 0.15 · comparable 0.0274	+$40,515
Street	this home 0.15 · comparable 0.0335	+$38,500
Bedrooms	this home 4 · comparable 3	+$21,523
Pool	this home 1 · comparable 0	+$17,636
Bathrooms	this home 3 · comparable 2	+$13,566
Land size	this home 583 m² · comparable 411 m²	+$8,914
Cladding	this home 3 · comparable 2	+$4,884
Distance to beach	this home 7.25 km · comparable 7.96 km	+$3,168
Year built	this home 2003 · comparable 1999	+$2,216
Net adjustment		+$292,321

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

5 Felix Court

Sold 27 April 2026 · 1.60 km away

Sold for

$1,330,000

Adjusted to this home

$1,649,202

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Floor area	this home 334 m² · comparable 181.6 m²	+$115,785
Street	this home 0.15 · comparable 0.005	+$73,258
Condition	this home 9 · comparable 7	+$63,154
Micro-location	this home 0.15 · comparable 0.0405	+$55,322
Car spaces	this home 2 · comparable 4	−$51,153
Pool	this home 1 · comparable 0	+$24,692
Bathrooms	this home 3 · comparable 2	+$18,994
Land size	this home 583 m² · comparable 487 m²	+$6,966
Cladding	this home 3 · comparable 2	+$6,838
Distance to beach	this home 7.25 km · comparable 7.92 km	+$4,570
Year built	this home 2003 · comparable 2002	+$776
Net adjustment		+$319,202

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

73 Kingarry Circuit

Sold 25 March 2026 · 2.15 km away

Sold for

$1,245,000

Adjusted to this home

$1,543,799

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Floor area	this home 334 m² · comparable 121 m²	+$135,435
Street	this home 0.15 · comparable -0.0298	+$71,167
Micro-location	this home 0.15 · comparable 0.0155	+$53,237
Car spaces	this home 2 · comparable 4	−$42,811
Condition	this home 9 · comparable 8	+$29,686
Bedrooms	this home 4 · comparable 3	+$25,220
Bathrooms	this home 3 · comparable 2	+$15,896
Land size	this home 583 m² · comparable 508 m²	+$4,554
Year built	this home 2003 · comparable 1996	+$4,545
Distance to beach	this home 7.25 km · comparable 7.6 km	+$1,870
Net adjustment		+$298,799

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

3 Fairbank Court

Sold 7 August 2026 · 1.99 km away

Sold for

$1,055,000

Adjusted to this home

$1,308,201

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Floor area	this home 334 m² · comparable 126 m²	+$88,848
Street	this home 0.15 · comparable -0.0568	+$46,597
Condition	this home 9 · comparable 6	+$39,432
Micro-location	this home 0.15 · comparable 0.0436	+$23,974
Bedrooms	this home 4 · comparable 3	+$16,942
Pool	this home 1 · comparable 0	+$13,882
Bathrooms	this home 3 · comparable 2	+$10,679
Land size	this home 583 m² · comparable 331 m²	+$10,280
Year built	this home 2003 · comparable 1999	+$1,745
Distance to beach	this home 7.25 km · comparable 7.52 km	+$822
Net adjustment		+$253,201

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

2 Mull Court

Sold 25 January 2026 · 2.60 km away

Sold for

$1,310,000

Adjusted to this home

$1,624,401

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Floor area	this home 334 m² · comparable 160 m²	+$178,928
Micro-location	this home 0.15 · comparable 0.0567	+$62,842
Pool	this home 1 · comparable 0	+$33,421
Bathrooms	this home 3 · comparable 2	+$25,708
Land size	this home 583 m² · comparable 763 m²	−$17,677
Year built	this home 2003 · comparable 1990	+$13,649
Street	this home 0.15 · comparable 0.1341	+$10,710
Distance to beach	this home 7.25 km · comparable 9.03 km	+$6,820
Net adjustment		+$314,401

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

4 Scotia Place

Sold 12 May 2026 · 2.73 km away

Sold for

$1,085,000

Adjusted to this home

$1,345,398

What we added and subtracted to make this sale comparable to 28 Lakelands Drive
Floor area	this home 334 m² · comparable 112 m²	+$98,535
Street	this home 0.15 · comparable -0.0364	+$44,883
Micro-location	this home 0.15 · comparable -0.0195	+$40,814
Bedrooms	this home 4 · comparable 3	+$17,605
Car spaces	this home 2 · comparable 1	+$14,942
Pool	this home 1 · comparable 0	+$14,426
Bathrooms	this home 3 · comparable 2	+$11,096
Land size	this home 583 m² · comparable 404 m²	+$7,587
Year built	this home 2003 · comparable 1994	+$4,078
Cladding	this home 3 · comparable 2	+$3,994
Distance to beach	this home 7.25 km · comparable 8.72 km	+$2,438
Net adjustment		+$260,398

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 28 Lakelands 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 28 Lakelands Drive over the past 18 months, compared it with Merrimac’s wider market, and examined the indicators most likely to reveal what happens next.

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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

28 Lakelands Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

12 Macallan Street

18 Nisbet Place

14 Griffon Street

5 Felix Court

73 Kingarry Circuit

3 Fairbank Court

2 Mull Court

4 Scotia Place

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 28 Lakelands Drive sit?

Your home

See your home the way a buyer does

15 Red Ash Court

5 Camberwell Circuit

24 Merridown Drive

12 Murrayfield Place

6 Dunedin Close

60 Petherbridge Avenue

6 Nicklaus Court

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields