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.

77 Southlake Drive

Sold 20 November 2025 · 0.32 km away

Sold for

$1,505,000

Adjusted to this home

$1,537,524

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Water views	this home 0 · comparable 1	−$214,197
Floor area	this home 160 m² · comparable 113.49 m²	+$111,586
Bedrooms	this home 4 · comparable 3	+$101,798
Car spaces	this home 2 · comparable 1	+$32,000
Distance to beach	this home 3.5 km · comparable 3.78 km	+$7,585
Land size	this home 591 m² · comparable 600 m²	−$3,960
Micro-location	this home 0.036 · comparable 0.0379	−$2,288
Net adjustment		+$32,524

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.90 km away

Sold for

$1,570,000

Adjusted to this home

$1,477,937

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Street	this home 0.0515 · comparable 0.15	−$123,716
Land size	this home 591 m² · comparable 331 m²	+$114,400
Condition	this home 9 · comparable 8	+$94,200
Floor area	this home 160 m² · comparable 199 m²	−$93,569
Micro-location	this home 0.036 · comparable 0.0807	−$56,143
Pool	this home 0 · comparable 1	−$45,144
Distance to beach	this home 3.5 km · comparable 4.17 km	+$17,653
Cladding	this home 2 · comparable 1	+$16,345
Year built	this home 1993 · comparable 2010	−$16,089
Net adjustment		−$92,063

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

4 Barbie Avenue

Sold 5 August 2026 · 0.48 km away

Sold for

$1,515,000

Adjusted to this home

$1,385,474

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$45,144
Cladding	this home 2 · comparable 4	−$32,690
Micro-location	this home 0.036 · comparable 0.0574	−$25,937
Floor area	this home 160 m² · comparable 151 m²	+$21,593
Distance to beach	this home 3.5 km · comparable 3.98 km	+$13,090
Land size	this home 591 m² · comparable 570 m²	+$9,240
Year built	this home 1993 · comparable 1999	−$5,678
Net adjustment		−$129,526

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

8 Cumberland Drive

Sold 3 June 2026 · 0.28 km away

Sold for

$1,415,000

Adjusted to this home

$1,575,352

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Condition	this home 9 · comparable 7	+$141,500
Bedrooms	this home 4 · comparable 3	+$101,798
Land size	this home 591 m² · comparable 703 m²	−$49,280
Floor area	this home 160 m² · comparable 167.88 m²	−$18,906
Micro-location	this home 0.036 · comparable 0.0462	−$11,546
Street	this home 0.0515 · comparable 0.0563	−$5,434
Distance to beach	this home 3.5 km · comparable 3.55 km	+$1,274
Year built	this home 1993 · comparable 1992	+$946
Net adjustment		+$160,352

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

21 Cumberland Drive

Sold 4 December 2025 · 0.18 km away

Sold for

$1,450,000

Adjusted to this home

$1,543,327

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Bedrooms	this home 4 · comparable 3	+$101,798
Land size	this home 591 m² · comparable 467 m²	+$54,560
Pool	this home 0 · comparable 1	−$45,144
Cladding	this home 2 · comparable 3	−$16,345
Micro-location	this home 0.036 · comparable 0.0427	−$7,772
Floor area	this home 160 m² · comparable 157 m²	+$7,198
Street	this home 0.0515 · comparable 0.0563	−$5,568
Distance to beach	this home 3.5 km · comparable 3.64 km	+$3,654
Year built	this home 1993 · comparable 1992	+$946
Net adjustment		+$93,327

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

16 Stanford Avenue

Sold 25 September 2026 · 0.63 km away

Sold for

$1,185,000

Adjusted to this home

$1,441,352

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Condition	this home 9 · comparable 7	+$118,500
Bedrooms	this home 4 · comparable 3	+$101,798
Land size	this home 591 m² · comparable 420 m²	+$75,240
Micro-location	this home 0.036 · comparable 0.0704	−$32,611
Floor area	this home 160 m² · comparable 149.41 m²	+$25,407
Cladding	this home 2 · comparable 3	−$16,345
Distance to beach	this home 3.5 km · comparable 2.9 km	−$12,798
Year built	this home 1993 · comparable 1996	−$2,839
Net adjustment		+$256,352

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

28 Pristine Court

Sold 8 October 2026 · 0.52 km away

Sold for

$1,170,000

Adjusted to this home

$1,408,780

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Condition	this home 9 · comparable 7	+$78,054
Bedrooms	this home 4 · comparable 3	+$67,913
Land size	this home 591 m² · comparable 414 m²	+$51,956
Street	this home 0.0515 · comparable -0.0146	+$41,275
Pool	this home 0 · comparable 1	−$30,117
Floor area	this home 160 m² · comparable 141.71 m²	+$29,275
Year built	this home 1993 · comparable 1995	−$1,262
Micro-location	this home 0.036 · comparable 0.0342	+$1,124
Distance to beach	this home 3.5 km · comparable 3.54 km	+$562
Net adjustment		+$238,780

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

56 Southlake Drive

Sold 21 July 2026 · 0.27 km away

Sold for

$1,660,000

Adjusted to this home

$1,677,464

What we added and subtracted to make this sale comparable to 29 Southlake Drive
Land size	this home 591 m² · comparable 432 m²	+$69,960
Floor area	this home 160 m² · comparable 133 m²	+$64,778
Pool	this home 0 · comparable 1	−$45,144
Car spaces	this home 2 · comparable 3	−$32,000
Air conditioning	this home 0 · comparable 1	−$20,000
Cladding	this home 2 · comparable 3	−$16,345
Micro-location	this home 0.036 · comparable 0.0447	−$11,554
Distance to beach	this home 3.5 km · comparable 3.76 km	+$7,769
Net adjustment		+$17,464

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 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 29 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

14 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 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

77 Southlake Drive

22 Elizabeth Crescent

4 Barbie Avenue

8 Cumberland Drive

21 Cumberland Drive

16 Stanford Avenue

28 Pristine Court

56 Southlake Drive

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