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 Pascali Court

Sold 5 August 2026 · 0.39 km away

Sold for

$1,150,000

Adjusted to this home

$1,171,349

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Street	this home 0.0515 · comparable -0.0364	+$80,868
Pool	this home 0 · comparable 1	−$80,606
Micro-location	this home 0.0378 · comparable 0.0123	+$23,460
Floor area	this home 115 m² · comparable 125.33 m²	−$20,826
Land size	this home 470 m² · comparable 423 m²	+$20,680
Year built	this home 1993 · comparable 1995	−$4,504
Distance to beach	this home 3.56 km · comparable 3.67 km	+$2,277
Net adjustment		+$21,349

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

28 Pristine Court

Sold 8 October 2026 · 0.47 km away

Sold for

$1,170,000

Adjusted to this home

$1,073,701

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Pool	this home 0 · comparable 1	−$80,606
Street	this home 0.0515 · comparable -0.0146	+$61,870
Floor area	this home 115 m² · comparable 141.71 m²	−$53,847
Condition	this home 6 · comparable 7	−$46,800
Land size	this home 470 m² · comparable 414 m²	+$24,640
Year built	this home 1993 · comparable 1995	−$4,504
Micro-location	this home 0.0378 · comparable 0.0342	+$3,370
Distance to beach	this home 3.56 km · comparable 3.54 km	−$422
Net adjustment		−$96,299

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

6 Pristine Court

Sold 30 June 2026 · 0.38 km away

Sold for

$1,220,000

Adjusted to this home

$1,270,469

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Street	this home 0.0515 · comparable -0.0146	+$64,514
Floor area	this home 115 m² · comparable 143.96 m²	−$58,383
Micro-location	this home 0.0378 · comparable 0.0126	+$24,595
Land size	this home 470 m² · comparable 426 m²	+$19,360
Distance to beach	this home 3.56 km · comparable 3.68 km	+$2,635
Year built	this home 1993 · comparable 1994	−$2,252
Net adjustment		+$50,469

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

30 South Bay Drive

Sold 17 June 2026 · 0.78 km away

Sold for

$1,015,000

Adjusted to this home

$1,056,852

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Land size	this home 470 m² · comparable 125 m²	+$151,800
Condition	this home 6 · comparable 8	−$81,200
Year built	this home 1993 · comparable 2010	−$38,284
Storeys	this home 1 · comparable 2	−$34,578
Car spaces	this home 2 · comparable 1	+$32,000
Floor area	this home 115 m² · comparable 106.5 m²	+$17,136
Street	this home 0.0515 · comparable 0.064	−$10,150
Distance to beach	this home 3.56 km · comparable 4.11 km	+$9,513
Micro-location	this home 0.0378 · comparable 0.0432	−$4,385
Net adjustment		+$41,852

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

3 Dorothy Place

Sold 27 March 2026 · 0.25 km away

Sold for

$1,300,000

Adjusted to this home

$1,207,242

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Pool	this home 0 · comparable 1	−$80,606
Floor area	this home 115 m² · comparable 129.58 m²	−$29,394
Land size	this home 470 m² · comparable 410 m²	+$26,400
Micro-location	this home 0.0378 · comparable 0.0479	−$10,504
Distance to beach	this home 3.56 km · comparable 3.81 km	+$5,850
Year built	this home 1993 · comparable 1995	−$4,504
Net adjustment		−$92,758

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.59 km away

Sold for

$1,400,000

Adjusted to this home

$1,176,285

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Condition	this home 6 · comparable 8	−$112,000
Pool	this home 0 · comparable 1	−$80,606
Floor area	this home 115 m² · comparable 145 m²	−$60,480
Cladding	this home 2 · comparable 3	−$35,605
Land size	this home 470 m² · comparable 405 m²	+$28,600
Micro-location	this home 0.0378 · comparable 0.0223	+$17,360
Street	this home 0.0515 · comparable 0.0386	+$14,448
Distance to beach	this home 3.56 km · comparable 3.92 km	+$9,072
Year built	this home 1993 · comparable 1995	−$4,504
Net adjustment		−$223,715

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

31 Roundelay Drive

Sold 30 July 2026 · 0.29 km away

Sold for

$1,380,000

Adjusted to this home

$1,258,712

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Condition	this home 6 · comparable 8	−$110,400
Street	this home 0.0515 · comparable -0.023	+$82,248
Floor area	this home 115 m² · comparable 151.3 m²	−$73,181
Bedrooms	this home 3 · comparable 4	−$47,845
Land size	this home 470 m² · comparable 420 m²	+$22,000
Micro-location	this home 0.0378 · comparable 0.0311	+$7,397
Year built	this home 1993 · comparable 1994	−$2,252
Distance to beach	this home 3.56 km · comparable 3.59 km	+$745
Net adjustment		−$121,288

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

3 Massachusetts Court

Sold 22 July 2026 · 0.63 km away

Sold for

$1,400,000

Adjusted to this home

$1,180,055

What we added and subtracted to make this sale comparable to 32 Southlake Drive
Pool	this home 0 · comparable 1	−$80,606
Condition	this home 6 · comparable 7	−$56,000
Bedrooms	this home 3 · comparable 4	−$47,845
Land size	this home 470 m² · comparable 410 m²	+$26,400
Micro-location	this home 0.0378 · comparable 0.0574	−$21,952
Distance to beach	this home 3.56 km · comparable 3.1 km	−$11,592
Street	this home 0.0515 · comparable 0.0616	−$11,312
Floor area	this home 115 m² · comparable 120.1 m²	−$10,282
Year built	this home 1993 · comparable 1996	−$6,756
Net adjustment		−$219,945

A further 9 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 32 Southlake 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 32 Southlake 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 →

32 Southlake 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 Pascali Court

28 Pristine Court

6 Pristine Court

30 South Bay Drive

3 Dorothy Place

9 Gainsborough Drive

31 Roundelay Drive

3 Massachusetts Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 32 Southlake Drive sit?