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.

21 Cumberland Drive

Sold 4 December 2025 · 0.74 km away

Sold for

$1,450,000

Adjusted to this home

$1,448,065

What we added and subtracted to make this sale comparable to 30 Balmain Street
Bedrooms	this home 4 · comparable 3	+$131,663
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0204 · comparable 0.0563	−$41,644
Floor area	this home 140 m² · comparable 157 m²	−$33,578
Land size	this home 614 m² · comparable 467 m²	+$23,402
Year built	this home 1999 · comparable 1992	+$21,627
Micro-location	this home 0.0254 · comparable 0.0427	−$20,068
Distance to beach	this home 4.25 km · comparable 3.64 km	−$14,181
Cladding	this home 2 · comparable 3	−$5,156
Net adjustment		−$1,935

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

5 Palma Crescent

Sold 27 March 2026 · 1.03 km away

Sold for

$1,395,000

Adjusted to this home

$1,350,762

What we added and subtracted to make this sale comparable to 30 Balmain Street
Condition	this home 9 · comparable 8	+$83,700
Micro-location	this home 0.0254 · comparable 0.0871	−$68,858
Floor area	this home 140 m² · comparable 172.46 m²	−$64,115
Land size	this home 614 m² · comparable 350 m²	+$42,029
Street	this home 0.0204 · comparable 0.0399	−$21,762
Distance to beach	this home 4.25 km · comparable 5.1 km	+$15,652
Water views	this home 0 · comparable 1	−$13,370
Year built	this home 1999 · comparable 2003	−$12,358
Cladding	this home 2 · comparable 3	−$5,156
Net adjustment		−$44,238

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

15 Comore Drive

Sold 16 January 2026 · 0.73 km away

Sold for

$1,350,000

Adjusted to this home

$1,354,823

What we added and subtracted to make this sale comparable to 30 Balmain Street
Condition	this home 9 · comparable 6	+$189,000
Floor area	this home 140 m² · comparable 184 m²	−$86,909
Street	this home 0.0204 · comparable 0.0785	−$62,748
Micro-location	this home 0.0254 · comparable 0.0738	−$52,272
Land size	this home 614 m² · comparable 423 m²	+$30,407
Year built	this home 1999 · comparable 2002	−$9,269
Distance to beach	this home 4.25 km · comparable 4.06 km	−$3,386
Net adjustment		+$4,823

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

39 Brier Crescent

Sold 16 May 2026 · 0.18 km away

Sold for

$1,302,000

Adjusted to this home

$1,466,569

What we added and subtracted to make this sale comparable to 30 Balmain Street
Bedrooms	this home 4 · comparable 3	+$131,663
Condition	this home 9 · comparable 8	+$78,120
Car spaces	this home 2 · comparable 3	−$46,682
Street	this home 0.0204 · comparable -0.0225	+$44,685
Year built	this home 1999 · comparable 2013	−$43,254
Land size	this home 614 m² · comparable 708 m²	−$14,965
Micro-location	this home 0.0254 · comparable 0.0157	+$10,103
Cladding	this home 2 · comparable 1	+$5,156
Floor area	this home 140 m² · comparable 141 m²	−$1,975
Distance to beach	this home 4.25 km · comparable 4.35 km	+$1,718
Net adjustment		+$164,569

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

40 Gerona Circuit

Sold 26 May 2026 · 1.03 km away

Sold for

$1,410,000

Adjusted to this home

$1,310,125

What we added and subtracted to make this sale comparable to 30 Balmain Street
Condition	this home 9 · comparable 7	+$141,000
Floor area	this home 140 m² · comparable 188 m²	−$94,810
Micro-location	this home 0.0254 · comparable 0.0943	−$77,719
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0204 · comparable 0.0518	−$35,419
Land size	this home 614 m² · comparable 400 m²	+$34,069
Distance to beach	this home 4.25 km · comparable 5.03 km	+$14,518
Year built	this home 1999 · comparable 2003	−$12,358
Cladding	this home 2 · comparable 3	−$5,156
Net adjustment		−$99,875

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.38 km away

Sold for

$1,400,000

Adjusted to this home

$1,558,714

What we added and subtracted to make this sale comparable to 30 Balmain Street
Bedrooms	this home 4 · comparable 3	+$131,663
Condition	this home 9 · comparable 8	+$84,000
Pool	this home 0 · comparable 1	−$64,000
Land size	this home 614 m² · comparable 405 m²	+$33,273
Street	this home 0.0204 · comparable 0.0386	−$20,384
Year built	this home 1999 · comparable 1995	+$12,358
Floor area	this home 140 m² · comparable 145 m²	−$9,876
Distance to beach	this home 4.25 km · comparable 3.92 km	−$6,636
Cladding	this home 2 · comparable 3	−$5,156
Micro-location	this home 0.0254 · comparable 0.0223	+$3,472
Net adjustment		+$158,714

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

16 Marciana Crescent

Sold 31 July 2026 · 1.08 km away

Sold for

$1,225,000

Adjusted to this home

$1,437,332

What we added and subtracted to make this sale comparable to 30 Balmain Street
Condition	this home 9 · comparable 6	+$145,898
Bedrooms	this home 4 · comparable 3	+$112,008
Micro-location	this home 0.0254 · comparable 0.0998	−$62,027
Land size	this home 614 m² · comparable 350 m²	+$35,754
Floor area	this home 140 m² · comparable 147 m²	−$11,762
Distance to beach	this home 4.25 km · comparable 4.96 km	+$9,767
Street	this home 0.0204 · comparable 0.0317	−$9,421
Year built	this home 1999 · comparable 2002	−$7,885
Net adjustment		+$212,332

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

56 Southlake Drive

Sold 21 July 2026 · 0.78 km away

Sold for

$1,660,000

Adjusted to this home

$1,505,920

What we added and subtracted to make this sale comparable to 30 Balmain Street
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 2 · comparable 3	−$46,682
Street	this home 0.0204 · comparable 0.0515	−$41,301
Land size	this home 614 m² · comparable 432 m²	+$28,974
Micro-location	this home 0.0254 · comparable 0.0447	−$25,630
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 1999 · comparable 1993	+$18,538
Floor area	this home 140 m² · comparable 133 m²	+$13,826
Distance to beach	this home 4.25 km · comparable 3.76 km	−$12,649
Cladding	this home 2 · comparable 3	−$5,156
Net adjustment		−$154,080

A further 8 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 30 Balmain 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 30 Balmain 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

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 →

30 Balmain Street

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

21 Cumberland Drive

5 Palma Crescent

15 Comore Drive

39 Brier Crescent

40 Gerona Circuit

9 Gainsborough Drive

16 Marciana Crescent

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 30 Balmain Street sit?