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.

16 South Bay Drive

Sold 9 July 2026 · 0.10 km away

Sold for

$1,250,000

Adjusted to this home

$1,269,941

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Water views	this home 0 · comparable 1	−$148,774
Land size	this home 392 m² · comparable 188 m²	+$92,534
Car spaces	this home 4 · comparable 2	+$64,000
Storeys	this home 1 · comparable 2	−$58,922
Micro-location	this home 0.0769 · comparable 0.0436	+$33,300
Bedrooms	this home 4 · comparable 3	+$32,268
Cladding	this home 3 · comparable 2	+$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Floor area	this home 163 m² · comparable 156 m²	+$5,275
Year built	this home 2011 · comparable 2009	+$1,250
Distance to beach	this home 4.15 km · comparable 4.09 km	−$990
Net adjustment		+$19,941

A further 7 factors were compared and found the same on both properties, so no money moved.

3 Avellino Drive

Sold 19 January 2026 · 0.35 km away

Sold for

$1,350,000

Adjusted to this home

$1,421,810

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.0769 · comparable 0.1354	−$63,180
Condition	this home 8 · comparable 7	+$54,000
Land size	this home 392 m² · comparable 350 m²	+$19,051
Floor area	this home 163 m² · comparable 181 m²	−$13,565
Distance to beach	this home 4.15 km · comparable 4.48 km	+$5,881
Year built	this home 2011 · comparable 2002	+$5,623
Net adjustment		+$71,810

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

8 Morea Court

Sold 27 August 2026 · 0.46 km away

Sold for

$1,230,000

Adjusted to this home

$1,300,617

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Condition	this home 8 · comparable 7	+$49,200
Micro-location	this home 0.0769 · comparable 0.0312	+$44,969
Land size	this home 392 m² · comparable 473 m²	−$36,742
Floor area	this home 163 m² · comparable 148.5 m²	+$10,927
Year built	this home 2011 · comparable 2001	+$6,248
Distance to beach	this home 4.15 km · comparable 3.93 km	−$3,985
Net adjustment		+$70,617

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.02 km away

Sold for

$1,570,000

Adjusted to this home

$1,436,153

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Pool	this home 0 · comparable 1	−$126,637
Street	this home 0.064 · comparable 0.15	−$108,016
Car spaces	this home 4 · comparable 2	+$64,000
Cladding	this home 3 · comparable 1	+$40,000
Land size	this home 392 m² · comparable 331 m²	+$27,670
Floor area	this home 163 m² · comparable 199 m²	−$27,130
Micro-location	this home 0.0769 · comparable 0.0807	−$4,773
Year built	this home 2011 · comparable 2010	+$625
Distance to beach	this home 4.15 km · comparable 4.17 km	+$414
Net adjustment		−$133,847

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

14 Windemere Crescent

Sold 10 March 2026 · 0.52 km away

Sold for

$1,350,000

Adjusted to this home

$1,462,531

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Water views	this home 0 · comparable 1	−$148,774
Car spaces	this home 4 · comparable 2	+$64,000
Condition	this home 8 · comparable 7	+$54,000
Micro-location	this home 0.0769 · comparable 0.0348	+$45,468
Street	this home 0.064 · comparable 0.0323	+$34,236
Bedrooms	this home 4 · comparable 3	+$32,268
Floor area	this home 163 m² · comparable 123.36 m²	+$29,873
Year built	this home 2011 · comparable 2002	+$5,623
Land size	this home 392 m² · comparable 400 m²	−$3,629
Distance to beach	this home 4.15 km · comparable 4.12 km	−$534
Net adjustment		+$112,531

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

28 Pristine Court

Sold 8 October 2026 · 0.61 km away

Sold for

$1,170,000

Adjusted to this home

$1,324,026

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Pool	this home 0 · comparable 1	−$126,637
Street	this home 0.064 · comparable -0.0146	+$73,570
Car spaces	this home 4 · comparable 2	+$64,000
Condition	this home 8 · comparable 7	+$46,800
Micro-location	this home 0.0769 · comparable 0.0342	+$39,967
Bedrooms	this home 4 · comparable 3	+$32,268
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 163 m² · comparable 141.71 m²	+$16,044
Distance to beach	this home 4.15 km · comparable 3.54 km	−$12,004
Year built	this home 2011 · comparable 1995	+$9,997
Land size	this home 392 m² · comparable 414 m²	−$9,979
Net adjustment		+$154,026

A further 7 factors were compared and found the same on both properties, so no money moved.

11 Grenada Court

Sold 12 June 2026 · 0.51 km away

Sold for

$1,350,000

Adjusted to this home

$1,498,569

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.0769 · comparable 0.1321	−$59,616
Land size	this home 392 m² · comparable 295 m²	+$43,999
Floor area	this home 163 m² · comparable 118.7 m²	+$33,385
Bedrooms	this home 4 · comparable 3	+$32,268
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.15 km · comparable 4.65 km	+$8,910
Year built	this home 2011 · comparable 2002	+$5,623
Net adjustment		+$148,569

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

56 Southlake Drive

Sold 21 July 2026 · 0.65 km away

Sold for

$1,660,000

Adjusted to this home

$1,510,377

What we added and subtracted to make this sale comparable to 33 South Bay Drive
Pool	this home 0 · comparable 1	−$126,637
Condition	this home 8 · comparable 9	−$99,600
Micro-location	this home 0.0769 · comparable 0.0447	+$42,762
Car spaces	this home 4 · comparable 3	+$32,000
Floor area	this home 163 m² · comparable 133 m²	+$22,608
Air conditioning	this home 0 · comparable 1	−$20,000
Land size	this home 392 m² · comparable 432 m²	−$18,144
Street	this home 0.064 · comparable 0.0515	+$16,600
Year built	this home 2011 · comparable 1993	+$11,246
Distance to beach	this home 4.15 km · comparable 3.76 km	−$10,458
Net adjustment		−$149,623

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 33 South Bay 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 33 South Bay 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 →

33 South Bay Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

16 South Bay Drive

3 Avellino Drive

8 Morea Court

22 Elizabeth Crescent

14 Windemere Crescent

28 Pristine Court

11 Grenada Court

56 Southlake Drive

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