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.

8 Morea Court

Sold 27 August 2026 · 0.27 km away

Sold for

$1,230,000

Adjusted to this home

$1,276,688

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Condition	this home 9 · comparable 7	+$123,000
Car spaces	this home 2 · comparable 4	−$64,000
Land size	this home 325 m² · comparable 473 m²	−$61,923
Floor area	this home 188 m² · comparable 148.5 m²	+$49,960
Micro-location	this home 0.0111 · comparable 0.0312	−$19,778
Year built	this home 2008 · comparable 2001	+$13,451
Distance to beach	this home 3.66 km · comparable 3.93 km	+$5,978
Net adjustment		+$46,688

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

28 Pristine Court

Sold 8 October 2026 · 0.38 km away

Sold for

$1,170,000

Adjusted to this home

$1,195,306

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Condition	this home 9 · comparable 7	+$117,000
Street	this home -0.0833 · comparable -0.0146	−$64,303
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 188 m² · comparable 141.71 m²	+$58,547
Land size	this home 325 m² · comparable 414 m²	−$37,238
Year built	this home 2008 · comparable 1995	+$24,981
Micro-location	this home 0.0111 · comparable 0.0342	−$21,622
Bedrooms	this home 4 · comparable 3	+$11,255
Cladding	this home 3 · comparable 2	+$3,213
Distance to beach	this home 3.66 km · comparable 3.54 km	−$2,527
Net adjustment		+$25,306

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

6 Pristine Court

Sold 30 June 2026 · 0.48 km away

Sold for

$1,220,000

Adjusted to this home

$1,206,738

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Street	this home -0.0833 · comparable -0.0146	−$67,051
Floor area	this home 188 m² · comparable 143.96 m²	+$55,702
Land size	this home 325 m² · comparable 426 m²	−$42,258
Year built	this home 2008 · comparable 1994	+$26,902
Bedrooms	this home 4 · comparable 3	+$11,255
Cladding	this home 3 · comparable 2	+$3,213
Micro-location	this home 0.0111 · comparable 0.0126	−$1,464
Distance to beach	this home 3.66 km · comparable 3.68 km	+$439
Net adjustment		−$13,262

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

3 Massachusetts Court

Sold 22 July 2026 · 0.66 km away

Sold for

$1,400,000

Adjusted to this home

$1,324,332

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Street	this home -0.0833 · comparable 0.0616	−$162,288
Condition	this home 9 · comparable 7	+$140,000
Floor area	this home 188 m² · comparable 120.1 m²	+$85,880
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0111 · comparable 0.0574	−$51,856
Land size	this home 325 m² · comparable 410 m²	−$35,564
Year built	this home 2008 · comparable 1996	+$23,059
Distance to beach	this home 3.66 km · comparable 3.1 km	−$14,112
Cladding	this home 3 · comparable 2	+$3,213
Net adjustment		−$75,668

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

14 Shorehaven Place

Sold 7 April 2026 · 0.24 km away

Sold for

$1,250,000

Adjusted to this home

$1,308,687

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Condition	this home 9 · comparable 7	+$125,000
Pool	this home 0 · comparable 1	−$64,000
Street	this home -0.0833 · comparable -0.0236	−$59,700
Floor area	this home 188 m² · comparable 155 m²	+$41,738
Micro-location	this home 0.0111 · comparable 0.0245	−$13,400
Year built	this home 2008 · comparable 2002	+$11,530
Bedrooms	this home 4 · comparable 3	+$11,255
Distance to beach	this home 3.66 km · comparable 3.87 km	+$4,725
Cladding	this home 3 · comparable 2	+$3,213
Land size	this home 325 m² · comparable 329 m²	−$1,674
Net adjustment		+$58,687

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

4 Pascali Court

Sold 5 August 2026 · 0.46 km away

Sold for

$1,150,000

Adjusted to this home

$1,280,666

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Condition	this home 9 · comparable 6	+$161,000
Floor area	this home 188 m² · comparable 125.33 m²	+$79,265
Pool	this home 0 · comparable 1	−$64,000
Street	this home -0.0833 · comparable -0.0364	−$43,148
Land size	this home 325 m² · comparable 423 m²	−$41,003
Year built	this home 2008 · comparable 1995	+$24,981
Bedrooms	this home 4 · comparable 3	+$11,255
Cladding	this home 3 · comparable 2	+$3,213
Micro-location	this home 0.0111 · comparable 0.0123	−$1,104
Distance to beach	this home 3.66 km · comparable 3.67 km	+$207
Net adjustment		+$130,666

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

31 Roundelay Drive

Sold 30 July 2026 · 0.55 km away

Sold for

$1,380,000

Adjusted to this home

$1,409,195

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Condition	this home 9 · comparable 8	+$82,800
Street	this home -0.0833 · comparable -0.023	−$66,571
Floor area	this home 188 m² · comparable 151.3 m²	+$46,418
Land size	this home 325 m² · comparable 420 m²	−$39,748
Year built	this home 2008 · comparable 1994	+$26,902
Micro-location	this home 0.0111 · comparable 0.0311	−$22,080
Cladding	this home 3 · comparable 2	+$3,213
Distance to beach	this home 3.66 km · comparable 3.59 km	−$1,739
Net adjustment		+$29,195

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

13 Acklin Court

Sold 2 September 2026 · 0.85 km away

Sold for

$1,110,000

Adjusted to this home

$1,216,322

What we added and subtracted to make this sale comparable to 31 Lakefront Crescent
Condition	this home 9 · comparable 7	+$111,000
Micro-location	this home 0.0111 · comparable 0.1014	−$80,186
Floor area	this home 188 m² · comparable 137 m²	+$64,505
Land size	this home 325 m² · comparable 375 m²	−$20,920
Year built	this home 2008 · comparable 2002	+$11,530
Bedrooms	this home 4 · comparable 3	+$11,255
Distance to beach	this home 3.66 km · comparable 4.16 km	+$9,138
Net adjustment		+$106,322

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 31 Lakefront Crescent 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 31 Lakefront Crescent 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 →

31 Lakefront Crescent

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

8 Morea Court

28 Pristine Court

6 Pristine Court

3 Massachusetts Court

14 Shorehaven Place

4 Pascali Court

31 Roundelay Drive

13 Acklin Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 31 Lakefront Crescent sit?