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.

6 Pristine Court

Sold 30 June 2026 · 1.04 km away

Sold for

$1,220,000

Adjusted to this home

$1,259,375

What we added and subtracted to make this sale comparable to 33 Babu Street
Cladding	this home 4 · comparable 2	+$28,064
Micro-location	this home 0.028 · comparable 0.0126	+$15,030
Year built	this home 1999 · comparable 1994	+$14,760
Floor area	this home 139 m² · comparable 143.96 m²	−$10,325
Distance to beach	this home 4.07 km · comparable 3.68 km	−$8,154
Net adjustment		+$39,375

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.20 km away

Sold for

$1,400,000

Adjusted to this home

$1,355,532

What we added and subtracted to make this sale comparable to 33 Babu Street
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 4 · comparable 3	+$14,032
Floor area	this home 139 m² · comparable 145 m²	−$12,490
Year built	this home 1999 · comparable 1995	+$11,808
Micro-location	this home 0.028 · comparable 0.0223	+$6,384
Distance to beach	this home 4.07 km · comparable 3.92 km	−$3,310
Land size	this home 426 m² · comparable 405 m²	+$3,108
Net adjustment		−$44,468

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

31 Roundelay Drive

Sold 30 July 2026 · 1.00 km away

Sold for

$1,380,000

Adjusted to this home

$1,270,597

What we added and subtracted to make this sale comparable to 33 Babu Street
Bedrooms	this home 3 · comparable 4	−$112,630
Cladding	this home 4 · comparable 2	+$28,064
Floor area	this home 139 m² · comparable 151.3 m²	−$25,604
Year built	this home 1999 · comparable 1994	+$14,760
Distance to beach	this home 4.07 km · comparable 3.59 km	−$11,459
Micro-location	this home 0.028 · comparable 0.0311	−$3,422
Land size	this home 426 m² · comparable 420 m²	+$888
Net adjustment		−$109,403

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

4 Pascali Court

Sold 5 August 2026 · 1.06 km away

Sold for

$1,150,000

Adjusted to this home

$1,253,321

What we added and subtracted to make this sale comparable to 33 Babu Street
Condition	this home 8 · comparable 6	+$92,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 139 m² · comparable 125.33 m²	+$28,455
Cladding	this home 4 · comparable 2	+$28,064
Micro-location	this home 0.028 · comparable 0.0123	+$14,444
Year built	this home 1999 · comparable 1995	+$11,808
Distance to beach	this home 4.07 km · comparable 3.67 km	−$7,894
Land size	this home 426 m² · comparable 423 m²	+$444
Net adjustment		+$103,321

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

13 Acklin Court

Sold 2 September 2026 · 0.81 km away

Sold for

$1,110,000

Adjusted to this home

$1,107,426

What we added and subtracted to make this sale comparable to 33 Babu Street
Micro-location	this home 0.028 · comparable 0.1014	−$65,179
Condition	this home 8 · comparable 7	+$44,400
Cladding	this home 4 · comparable 3	+$14,032
Year built	this home 1999 · comparable 2002	−$8,856
Land size	this home 426 m² · comparable 375 m²	+$7,548
Floor area	this home 139 m² · comparable 137 m²	+$4,163
Distance to beach	this home 4.07 km · comparable 4.16 km	+$1,318
Net adjustment		−$2,574

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

39 Brier Crescent

Sold 16 May 2026 · 0.34 km away

Sold for

$1,302,000

Adjusted to this home

$1,220,471

What we added and subtracted to make this sale comparable to 33 Babu Street
Car spaces	this home 2 · comparable 3	−$54,022
Cladding	this home 4 · comparable 1	+$42,096
Land size	this home 426 m² · comparable 708 m²	−$41,736
Year built	this home 1999 · comparable 2013	−$41,328
Micro-location	this home 0.028 · comparable 0.0157	+$12,812
Distance to beach	this home 4.07 km · comparable 4.35 km	+$4,812
Floor area	this home 139 m² · comparable 141 m²	−$4,163
Net adjustment		−$81,529

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

8 Cumberland Drive

Sold 3 June 2026 · 0.60 km away

Sold for

$1,415,000

Adjusted to this home

$1,385,844

What we added and subtracted to make this sale comparable to 33 Babu Street
Floor area	this home 139 m² · comparable 167.88 m²	−$60,117
Condition	this home 8 · comparable 7	+$56,600
Land size	this home 426 m² · comparable 703 m²	−$40,996
Cladding	this home 4 · comparable 2	+$28,064
Year built	this home 1999 · comparable 1992	+$20,664
Micro-location	this home 0.028 · comparable 0.0462	−$20,602
Distance to beach	this home 4.07 km · comparable 3.55 km	−$12,769
Net adjustment		−$29,156

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

31 Lakeridge Drive

Sold 17 November 2025 · 0.66 km away

Sold for

$1,300,000

Adjusted to this home

$1,297,913

What we added and subtracted to make this sale comparable to 33 Babu Street
Car spaces	this home 2 · comparable 4	−$108,045
Condition	this home 8 · comparable 6	+$104,000
Year built	this home 1999 · comparable 1987	+$35,424
Land size	this home 426 m² · comparable 652 m²	−$33,448
Cladding	this home 4 · comparable 2	+$28,064
Micro-location	this home 0.028 · comparable 0.0457	−$18,408
Distance to beach	this home 4.07 km · comparable 3.46 km	−$13,837
Floor area	this home 139 m² · comparable 137 m²	+$4,163
Net adjustment		−$2,087

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 33 Babu 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 33 Babu 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 →

33 Babu Street

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

6 Pristine Court

9 Gainsborough Drive

31 Roundelay Drive

4 Pascali Court

13 Acklin Court

39 Brier Crescent

8 Cumberland Drive

31 Lakeridge Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 33 Babu Street sit?