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.

3 Massachusetts Court

Sold 22 July 2026 · 0.84 km away

Sold for

$1,400,000

Adjusted to this home

$1,383,148

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Floor area	this home 210 m² · comparable 120.1 m²	+$135,282
Condition	this home 6 · comparable 7	−$56,000
Bathrooms	this home 1 · comparable 2	−$52,000
Pool	this home 0 · comparable 1	−$28,724
Cladding	this home 3 · comparable 2	+$18,762
Distance to beach	this home 3.8 km · comparable 3.1 km	−$17,640
Micro-location	this home 0.0457 · comparable 0.0574	−$13,104
Street	this home 0.0563 · comparable 0.0616	−$5,936
Land size	this home 423 m² · comparable 410 m²	+$2,714
Year built	this home 1993 · comparable 1996	−$206
Net adjustment		−$16,852

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

8 Cumberland Drive

Sold 3 June 2026 · 0.41 km away

Sold for

$1,415,000

Adjusted to this home

$1,404,246

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Bedrooms	this home 4 · comparable 3	+$81,030
Floor area	this home 210 m² · comparable 167.88 m²	+$63,382
Land size	this home 423 m² · comparable 703 m²	−$58,464
Condition	this home 6 · comparable 7	−$56,600
Bathrooms	this home 1 · comparable 2	−$52,000
Cladding	this home 3 · comparable 2	+$18,762
Distance to beach	this home 3.8 km · comparable 3.55 km	−$6,367
Micro-location	this home 0.0457 · comparable 0.0462	−$566
Year built	this home 1993 · comparable 1992	+$69
Net adjustment		−$10,754

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.47 km away

Sold for

$1,400,000

Adjusted to this home

$1,438,794

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Condition	this home 6 · comparable 8	−$112,000
Floor area	this home 210 m² · comparable 145 m²	+$97,812
Bedrooms	this home 4 · comparable 3	+$81,030
Bathrooms	this home 1 · comparable 2	−$52,000
Pool	this home 0 · comparable 1	−$28,724
Micro-location	this home 0.0457 · comparable 0.0223	+$26,208
Street	this home 0.0563 · comparable 0.0386	+$19,824
Land size	this home 423 m² · comparable 405 m²	+$3,758
Distance to beach	this home 3.8 km · comparable 3.92 km	+$3,024
Year built	this home 1993 · comparable 1995	−$138
Net adjustment		+$38,794

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

31 Roundelay Drive

Sold 30 July 2026 · 0.38 km away

Sold for

$1,380,000

Adjusted to this home

$1,423,700

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Condition	this home 6 · comparable 8	−$110,400
Floor area	this home 210 m² · comparable 151.3 m²	+$88,332
Street	this home 0.0563 · comparable -0.023	+$87,547
Bathrooms	this home 1 · comparable 2	−$52,000
Cladding	this home 3 · comparable 2	+$18,762
Micro-location	this home 0.0457 · comparable 0.0311	+$16,118
Distance to beach	this home 3.8 km · comparable 3.59 km	−$5,216
Land size	this home 423 m² · comparable 420 m²	+$626
Year built	this home 1993 · comparable 1994	−$69
Net adjustment		+$43,700

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

18 Massachusetts Court

Sold 9 July 2026 · 0.79 km away

Sold for

$1,450,000

Adjusted to this home

$1,388,098

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Floor area	this home 210 m² · comparable 137 m²	+$109,850
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 423 m² · comparable 630 m²	−$43,222
Pool	this home 0 · comparable 1	−$28,724
Micro-location	this home 0.0457 · comparable 0.0654	−$22,852
Distance to beach	this home 3.8 km · comparable 3.09 km	−$18,531
Street	this home 0.0563 · comparable 0.0616	−$6,148
Year built	this home 1993 · comparable 1997	−$275
Net adjustment		−$61,902

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

36 Roundelay Drive

Sold 23 December 2025 · 0.40 km away

Sold for

$1,352,000

Adjusted to this home

$1,364,186

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Condition	this home 6 · comparable 9	−$189,280
Street	this home 0.0563 · comparable -0.023	+$85,771
Bedrooms	this home 4 · comparable 3	+$81,030
Floor area	this home 210 m² · comparable 161 m²	+$73,735
Bathrooms	this home 1 · comparable 2	−$52,000
Micro-location	this home 0.0457 · comparable 0.0287	+$18,387
Distance to beach	this home 3.8 km · comparable 3.51 km	−$7,058
Land size	this home 423 m² · comparable 415 m²	+$1,670
Year built	this home 1993 · comparable 1994	−$69
Net adjustment		+$12,186

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

28 Pristine Court

Sold 8 October 2026 · 0.57 km away

Sold for

$1,170,000

Adjusted to this home

$1,318,422

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Floor area	this home 210 m² · comparable 141.71 m²	+$102,762
Bedrooms	this home 4 · comparable 3	+$81,030
Street	this home 0.0563 · comparable -0.0146	+$66,362
Bathrooms	this home 1 · comparable 2	−$52,000
Condition	this home 6 · comparable 7	−$46,800
Pool	this home 0 · comparable 1	−$28,724
Cladding	this home 3 · comparable 2	+$18,762
Micro-location	this home 0.0457 · comparable 0.0342	+$10,764
Distance to beach	this home 3.8 km · comparable 3.54 km	−$5,475
Land size	this home 423 m² · comparable 414 m²	+$1,879
Year built	this home 1993 · comparable 1995	−$138
Net adjustment		+$148,422

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

56 Southlake Drive

Sold 21 July 2026 · 0.06 km away

Sold for

$1,660,000

Adjusted to this home

$1,415,374

What we added and subtracted to make this sale comparable to 37 Cumberland Drive
Condition	this home 6 · comparable 9	−$232,400
Floor area	this home 210 m² · comparable 133 m²	+$115,870
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 2 · comparable 3	−$32,000
Pool	this home 0 · comparable 1	−$28,724
Air conditioning	this home 0 · comparable 1	−$20,000
Street	this home 0.0563 · comparable 0.0515	+$6,374
Land size	this home 423 m² · comparable 432 m²	−$1,879
Micro-location	this home 0.0457 · comparable 0.0447	+$1,328
Distance to beach	this home 3.8 km · comparable 3.76 km	−$1,195
Net adjustment		−$244,626

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 37 Cumberland 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 37 Cumberland 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 →

37 Cumberland Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

8 Cumberland Drive

9 Gainsborough Drive

31 Roundelay Drive

18 Massachusetts Court

36 Roundelay Drive

28 Pristine Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 37 Cumberland Drive sit?