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.

4 Barbie Avenue

Sold 5 August 2026 · 0.40 km away

Sold for

$1,515,000

Adjusted to this home

$1,382,725

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Car spaces	this home 2 · comparable 4	−$112,528
Micro-location	this home 0.026 · comparable 0.0574	−$38,057
Land size	this home 819 m² · comparable 570 m²	+$33,864
Cladding	this home 3 · comparable 4	−$21,922
Floor area	this home 159 m² · comparable 151 m²	+$15,629
Year built	this home 1995 · comparable 1999	−$11,443
Distance to beach	this home 3.9 km · comparable 3.98 km	+$2,182
Net adjustment		−$132,275

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

5 Pristine Court

Sold 21 November 2025 · 0.81 km away

Sold for

$1,490,000

Adjusted to this home

$1,510,070

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Floor area	this home 159 m² · comparable 225 m²	−$128,938
Street	this home 0.0386 · comparable -0.0146	+$63,414
Land size	this home 819 m² · comparable 401 m²	+$56,848
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.026 · comparable 0.0136	+$14,781
Distance to beach	this home 3.9 km · comparable 3.71 km	−$5,096
Year built	this home 1995 · comparable 1996	−$2,861
Net adjustment		+$20,070

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

20 Daryl Drive

Sold 29 October 2025 · 0.14 km away

Sold for

$1,570,000

Adjusted to this home

$1,468,949

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Floor area	this home 159 m² · comparable 201.88 m²	−$83,770
Street	this home 0.0386 · comparable 0.0704	−$39,941
Land size	this home 819 m² · comparable 586 m²	+$31,688
Year built	this home 1995 · comparable 1998	−$8,582
Micro-location	this home 0.026 · comparable 0.0291	−$3,894
Distance to beach	this home 3.9 km · comparable 4.03 km	+$3,448
Net adjustment		−$101,051

A further 12 factors were compared and found the same on both properties, so no money moved.

1 Thornleigh Crescent

Sold 24 March 2026 · 0.27 km away

Sold for

$1,715,000

Adjusted to this home

$1,583,285

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Street	this home 0.0386 · comparable 0.1043	−$90,140
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 159 m² · comparable 188 m²	−$56,654
Car spaces	this home 2 · comparable 3	−$56,264
Micro-location	this home 0.026 · comparable 0.0468	−$28,538
Cladding	this home 3 · comparable 2	+$21,922
Land size	this home 819 m² · comparable 692 m²	+$17,272
Distance to beach	this home 3.9 km · comparable 3.7 km	−$6,174
Year built	this home 1995 · comparable 1994	+$2,861
Net adjustment		−$131,715

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

8 Cumberland Drive

Sold 3 June 2026 · 0.36 km away

Sold for

$1,415,000

Adjusted to this home

$1,586,837

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$130,722
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.026 · comparable 0.0462	−$22,866
Cladding	this home 3 · comparable 2	+$21,922
Street	this home 0.0386 · comparable 0.0563	−$20,037
Floor area	this home 159 m² · comparable 167.88 m²	−$17,348
Land size	this home 819 m² · comparable 703 m²	+$15,776
Distance to beach	this home 3.9 km · comparable 3.55 km	−$8,914
Year built	this home 1995 · comparable 1992	+$8,582
Net adjustment		+$171,837

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.04 km away

Sold for

$1,400,000

Adjusted to this home

$1,619,024

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$130,722
Land size	this home 819 m² · comparable 405 m²	+$56,304
Floor area	this home 159 m² · comparable 145 m²	+$27,350
Micro-location	this home 0.026 · comparable 0.0223	+$4,144
Distance to beach	this home 3.9 km · comparable 3.92 km	+$504
Net adjustment		+$219,024

A further 13 factors were compared and found the same on both properties, so no money moved.

28 Pristine Court

Sold 8 October 2026 · 0.99 km away

Sold for

$1,170,000

Adjusted to this home

$1,446,040

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Bedrooms	this home 4 · comparable 3	+$130,722
Land size	this home 819 m² · comparable 414 m²	+$55,080
Street	this home 0.0386 · comparable -0.0146	+$49,795
Floor area	this home 159 m² · comparable 141.71 m²	+$33,778
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.026 · comparable 0.0342	−$7,675
Distance to beach	this home 3.9 km · comparable 3.54 km	−$7,582
Net adjustment		+$276,040

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

56 Southlake Drive

Sold 21 July 2026 · 0.49 km away

Sold for

$1,660,000

Adjusted to this home

$1,646,736

What we added and subtracted to make this sale comparable to 3 Gainsborough Drive
Car spaces	this home 2 · comparable 3	−$56,264
Land size	this home 819 m² · comparable 432 m²	+$52,632
Floor area	this home 159 m² · comparable 133 m²	+$50,794
Micro-location	this home 0.026 · comparable 0.0447	−$24,834
Air conditioning	this home 0 · comparable 1	−$20,000
Street	this home 0.0386 · comparable 0.0515	−$17,131
Year built	this home 1995 · comparable 1993	+$5,722
Distance to beach	this home 3.9 km · comparable 3.76 km	−$4,183
Net adjustment		−$13,264

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 Gainsborough 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 Gainsborough 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

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 →

3 Gainsborough Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Barbie Avenue

5 Pristine Court

20 Daryl Drive

1 Thornleigh Crescent

8 Cumberland Drive

9 Gainsborough Drive

28 Pristine Court

56 Southlake Drive

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