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.

14 Shorehaven Place

Sold 7 April 2026 · 0.07 km away

Sold for

$1,250,000

Adjusted to this home

$1,278,713

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Land size	this home 400 m² · comparable 329 m²	+$35,046
Floor area	this home 144 m² · comparable 155 m²	−$10,067
Cladding	this home 3 · comparable 2	+$8,136
Micro-location	this home 0.0216 · comparable 0.0245	−$2,900
Year built	this home 2001 · comparable 2002	−$1,052
Distance to beach	this home 3.89 km · comparable 3.87 km	−$450
Net adjustment		+$28,713

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

28 Pristine Court

Sold 8 October 2026 · 0.67 km away

Sold for

$1,170,000

Adjusted to this home

$1,160,469

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Micro-location	this home 0.0216 · comparable 0.0342	−$11,794
Cladding	this home 3 · comparable 2	+$8,136
Distance to beach	this home 3.89 km · comparable 3.54 km	−$7,371
Land size	this home 400 m² · comparable 414 m²	−$6,910
Year built	this home 2001 · comparable 1995	+$6,312
Floor area	this home 144 m² · comparable 141.71 m²	+$2,096
Net adjustment		−$9,531

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

6 Pristine Court

Sold 30 June 2026 · 0.73 km away

Sold for

$1,220,000

Adjusted to this home

$1,290,876

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 400 m² · comparable 426 m²	−$12,834
Micro-location	this home 0.0216 · comparable 0.0126	+$8,784
Cladding	this home 3 · comparable 2	+$8,136
Year built	this home 2001 · comparable 1994	+$7,364
Distance to beach	this home 3.89 km · comparable 3.68 km	−$4,611
Floor area	this home 144 m² · comparable 143.96 m²	+$37
Net adjustment		+$70,876

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

31 Roundelay Drive

Sold 30 July 2026 · 0.82 km away

Sold for

$1,380,000

Adjusted to this home

$1,352,333

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 7 · comparable 8	−$55,200
Bedrooms	this home 3 · comparable 4	−$17,474
Micro-location	this home 0.0216 · comparable 0.0311	−$10,488
Land size	this home 400 m² · comparable 420 m²	−$9,872
Cladding	this home 3 · comparable 2	+$8,136
Distance to beach	this home 3.89 km · comparable 3.59 km	−$7,452
Year built	this home 2001 · comparable 1994	+$7,364
Floor area	this home 144 m² · comparable 151.3 m²	−$6,681
Net adjustment		−$27,667

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

3 Massachusetts Court

Sold 22 July 2026 · 0.96 km away

Sold for

$1,400,000

Adjusted to this home

$1,352,856

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Micro-location	this home 0.0216 · comparable 0.0574	−$40,096
Floor area	this home 144 m² · comparable 120.1 m²	+$21,874
Distance to beach	this home 3.89 km · comparable 3.1 km	−$19,908
Bedrooms	this home 3 · comparable 4	−$17,474
Cladding	this home 3 · comparable 2	+$8,136
Year built	this home 2001 · comparable 1996	+$5,260
Land size	this home 400 m² · comparable 410 m²	−$4,936
Net adjustment		−$47,144

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

4 Pascali Court

Sold 5 August 2026 · 0.71 km away

Sold for

$1,150,000

Adjusted to this home

$1,220,183

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Condition	this home 7 · comparable 6	+$46,000
Floor area	this home 144 m² · comparable 125.33 m²	+$17,086
Land size	this home 400 m² · comparable 423 m²	−$11,353
Micro-location	this home 0.0216 · comparable 0.0123	+$8,556
Cladding	this home 3 · comparable 2	+$8,136
Year built	this home 2001 · comparable 1995	+$6,312
Distance to beach	this home 3.89 km · comparable 3.67 km	−$4,554
Net adjustment		+$70,183

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

8 Morea Court

Sold 27 August 2026 · 0.20 km away

Sold for

$1,230,000

Adjusted to this home

$1,163,815

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 400 m² · comparable 473 m²	−$36,033
Bedrooms	this home 3 · comparable 4	−$17,474
Micro-location	this home 0.0216 · comparable 0.0312	−$9,446
Floor area	this home 144 m² · comparable 148.5 m²	−$4,118
Distance to beach	this home 3.89 km · comparable 3.93 km	+$886
Net adjustment		−$66,185

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

13 Acklin Court

Sold 2 September 2026 · 0.97 km away

Sold for

$1,110,000

Adjusted to this home

$1,125,374

What we added and subtracted to make this sale comparable to 3 Alexandrina Drive
Micro-location	this home 0.0216 · comparable 0.1014	−$70,862
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 400 m² · comparable 375 m²	+$12,340
Floor area	this home 144 m² · comparable 137 m²	+$6,406
Distance to beach	this home 3.89 km · comparable 4.16 km	+$4,542
Year built	this home 2001 · comparable 2002	−$1,052
Net adjustment		+$15,374

A further 11 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 3 Alexandrina 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 3 Alexandrina 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 →

3 Alexandrina Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

14 Shorehaven Place

28 Pristine Court

6 Pristine Court

31 Roundelay Drive

3 Massachusetts Court

4 Pascali Court

8 Morea Court

13 Acklin Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 3 Alexandrina Drive sit?