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 · 0.21 km away

Sold for

$1,400,000

Adjusted to this home

$1,262,659

What we added and subtracted to make this sale comparable to 29 Babu Street
Condition	this home 6 · comparable 8	−$112,000
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 4 · comparable 3	+$20,000
Year built	this home 1999 · comparable 1995	+$16,611
Micro-location	this home 0.0303 · comparable 0.0223	+$8,960
Floor area	this home 141 m² · comparable 145 m²	−$7,133
Land size	this home 428 m² · comparable 405 m²	+$4,085
Distance to beach	this home 4.1 km · comparable 3.92 km	−$3,864
Net adjustment		−$137,341

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

4 Pascali Court

Sold 5 August 2026 · 1.04 km away

Sold for

$1,150,000

Adjusted to this home

$1,179,652

What we added and subtracted to make this sale comparable to 29 Babu Street
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 4 · comparable 2	+$40,000
Floor area	this home 141 m² · comparable 125.33 m²	+$27,942
Year built	this home 1999 · comparable 1995	+$16,611
Micro-location	this home 0.0303 · comparable 0.0123	+$16,560
Distance to beach	this home 4.1 km · comparable 3.67 km	−$8,349
Land size	this home 428 m² · comparable 423 m²	+$888
Net adjustment		+$29,652

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

3 Dorothy Place

Sold 27 March 2026 · 0.62 km away

Sold for

$1,300,000

Adjusted to this home

$1,291,706

What we added and subtracted to make this sale comparable to 29 Babu Street
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 4 · comparable 2	+$40,000
Floor area	this home 141 m² · comparable 129.58 m²	+$20,364
Micro-location	this home 0.0303 · comparable 0.0479	−$18,304
Year built	this home 1999 · comparable 1995	+$16,611
Distance to beach	this home 4.1 km · comparable 3.81 km	−$6,162
Land size	this home 428 m² · comparable 410 m²	+$3,197
Net adjustment		−$8,294

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

6 Pristine Court

Sold 30 June 2026 · 1.02 km away

Sold for

$1,220,000

Adjusted to this home

$1,284,478

What we added and subtracted to make this sale comparable to 29 Babu Street
Cladding	this home 4 · comparable 2	+$40,000
Year built	this home 1999 · comparable 1994	+$20,764
Micro-location	this home 0.0303 · comparable 0.0126	+$17,275
Distance to beach	this home 4.1 km · comparable 3.68 km	−$8,638
Floor area	this home 141 m² · comparable 143.96 m²	−$5,278
Land size	this home 428 m² · comparable 426 m²	+$355
Net adjustment		+$64,478

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

31 Roundelay Drive

Sold 30 July 2026 · 0.99 km away

Sold for

$1,380,000

Adjusted to this home

$1,232,616

What we added and subtracted to make this sale comparable to 29 Babu Street
Condition	this home 6 · comparable 8	−$110,400
Bedrooms	this home 3 · comparable 4	−$67,913
Cladding	this home 4 · comparable 2	+$40,000
Year built	this home 1999 · comparable 1994	+$20,764
Floor area	this home 141 m² · comparable 151.3 m²	−$18,367
Distance to beach	this home 4.1 km · comparable 3.59 km	−$12,006
Land size	this home 428 m² · comparable 420 m²	+$1,421
Micro-location	this home 0.0303 · comparable 0.0311	−$883
Net adjustment		−$147,384

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

8 Cumberland Drive

Sold 3 June 2026 · 0.60 km away

Sold for

$1,415,000

Adjusted to this home

$1,299,369

What we added and subtracted to make this sale comparable to 29 Babu Street
Condition	this home 6 · comparable 7	−$56,600
Land size	this home 428 m² · comparable 703 m²	−$48,840
Floor area	this home 141 m² · comparable 167.88 m²	−$47,933
Cladding	this home 4 · comparable 2	+$40,000
Year built	this home 1999 · comparable 1992	+$29,070
Micro-location	this home 0.0303 · comparable 0.0462	−$17,998
Distance to beach	this home 4.1 km · comparable 3.55 km	−$13,330
Net adjustment		−$115,631

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

31 Lakeridge Drive

Sold 17 November 2025 · 0.67 km away

Sold for

$1,300,000

Adjusted to this home

$1,262,817

What we added and subtracted to make this sale comparable to 29 Babu Street
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 1999 · comparable 1987	+$49,834
Cladding	this home 4 · comparable 2	+$40,000
Land size	this home 428 m² · comparable 652 m²	−$39,782
Micro-location	this home 0.0303 · comparable 0.0457	−$16,016
Distance to beach	this home 4.1 km · comparable 3.46 km	−$14,352
Floor area	this home 141 m² · comparable 137 m²	+$7,133
Net adjustment		−$37,183

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

21 Altissimo Close

Sold 3 February 2026 · 0.89 km away

Sold for

$1,355,000

Adjusted to this home

$1,246,223

What we added and subtracted to make this sale comparable to 29 Babu Street
Condition	this home 6 · comparable 9	−$189,700
Floor area	this home 141 m² · comparable 114 m²	+$48,146
Year built	this home 1999 · comparable 1994	+$20,764
Cladding	this home 4 · comparable 3	+$20,000
Distance to beach	this home 4.1 km · comparable 3.69 km	−$9,350
Land size	this home 428 m² · comparable 413 m²	+$2,664
Micro-location	this home 0.0303 · comparable 0.0315	−$1,301
Net adjustment		−$108,777

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 29 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 29 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

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 →

29 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

9 Gainsborough Drive

4 Pascali Court

3 Dorothy Place

6 Pristine Court

31 Roundelay Drive

8 Cumberland Drive

31 Lakeridge Drive

21 Altissimo Close

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 29 Babu Street sit?