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.

11 Grenada Court

Sold 12 June 2026 · 0.79 km away

Sold for

$1,350,000

Adjusted to this home

$1,314,458

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Micro-location	this home 0.0231 · comparable 0.1321	−$117,720
Land size	this home 387 m² · comparable 295 m²	+$47,693
Floor area	this home 155 m² · comparable 118.7 m²	+$32,438
Bedrooms	this home 4 · comparable 3	+$4,359
Year built	this home 2001 · comparable 2002	−$4,272
Distance to beach	this home 4.54 km · comparable 4.65 km	+$1,960
Net adjustment		−$35,542

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

31 Roundelay Drive

Sold 30 July 2026 · 1.24 km away

Sold for

$1,380,000

Adjusted to this home

$1,367,250

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Year built	this home 2001 · comparable 1994	+$29,904
Distance to beach	this home 4.54 km · comparable 3.59 km	−$20,021
Land size	this home 387 m² · comparable 420 m²	−$17,107
Micro-location	this home 0.0231 · comparable 0.0311	−$8,832
Floor area	this home 155 m² · comparable 151.3 m²	+$3,306
Net adjustment		−$12,750

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

11 Magenta Drive

Sold 23 February 2026 · 0.40 km away

Sold for

$1,290,000

Adjusted to this home

$1,300,502

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Floor area	this home 155 m² · comparable 135 m²	+$17,872
Land size	this home 387 m² · comparable 400 m²	−$6,739
Distance to beach	this home 4.54 km · comparable 4.15 km	−$6,641
Bedrooms	this home 4 · comparable 3	+$4,359
Micro-location	this home 0.0231 · comparable 0.0215	+$1,651
Net adjustment		+$10,502

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

28 Pristine Court

Sold 8 October 2026 · 1.15 km away

Sold for

$1,170,000

Adjusted to this home

$1,169,453

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Year built	this home 2001 · comparable 1995	+$25,632
Distance to beach	this home 4.54 km · comparable 3.54 km	−$18,027
Land size	this home 387 m² · comparable 414 m²	−$13,997
Floor area	this home 155 m² · comparable 141.71 m²	+$11,876
Micro-location	this home 0.0231 · comparable 0.0342	−$10,390
Bedrooms	this home 4 · comparable 3	+$4,359
Net adjustment		−$547

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

14 Shorehaven Place

Sold 7 April 2026 · 0.67 km away

Sold for

$1,250,000

Adjusted to this home

$1,266,919

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Land size	this home 387 m² · comparable 329 m²	+$30,067
Distance to beach	this home 4.54 km · comparable 3.87 km	−$11,835
Bedrooms	this home 4 · comparable 3	+$4,359
Year built	this home 2001 · comparable 2002	−$4,272
Micro-location	this home 0.0231 · comparable 0.0245	−$1,400
Net adjustment		+$16,919

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

6 Pristine Court

Sold 30 June 2026 · 1.12 km away

Sold for

$1,220,000

Adjusted to this home

$1,238,436

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Year built	this home 2001 · comparable 1994	+$29,904
Land size	this home 387 m² · comparable 426 m²	−$20,218
Distance to beach	this home 4.54 km · comparable 3.68 km	−$15,723
Micro-location	this home 0.0231 · comparable 0.0126	+$10,248
Floor area	this home 155 m² · comparable 143.96 m²	+$9,866
Bedrooms	this home 4 · comparable 3	+$4,359
Net adjustment		+$18,436

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

8 Duxton Dr

Sold 20 May 2026 · 0.49 km away

Sold for

$1,468,000

Adjusted to this home

$1,352,209

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Land size	this home 387 m² · comparable 500 m²	−$58,579
Floor area	this home 155 m² · comparable 185.4 m²	−$27,166
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 4.54 km · comparable 4.07 km	−$9,107
Micro-location	this home 0.0231 · comparable 0.0239	−$939
Net adjustment		−$115,791

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

22 Mapleton Circuit

Sold 1 June 2026 · 0.26 km away

Sold for

$1,500,000

Adjusted to this home

$1,311,366

What we added and subtracted to make this sale comparable to 3 Ferndahl Drive
Land size	this home 387 m² · comparable 640 m²	−$131,155
Floor area	this home 155 m² · comparable 213.39 m²	−$52,178
Distance to beach	this home 4.54 km · comparable 4.28 km	−$5,148
Bedrooms	this home 4 · comparable 3	+$4,359
Year built	this home 2001 · comparable 2002	−$4,272
Micro-location	this home 0.0231 · comparable 0.0233	−$240
Net adjustment		−$188,634

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 3 Ferndahl 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 Ferndahl 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 Ferndahl Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

11 Grenada Court

31 Roundelay Drive

11 Magenta Drive

28 Pristine Court

14 Shorehaven Place

6 Pristine Court

8 Duxton Dr

22 Mapleton Circuit

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