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 · 1.04 km away

Sold for

$1,400,000

Adjusted to this home

$1,375,312

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Street	this home 0.016 · comparable 0.0616	−$51,072
Land size	this home 653 m² · comparable 410 m²	+$41,407
Year built	this home 1987 · comparable 1996	−$32,645
Floor area	this home 138 m² · comparable 120.1 m²	+$29,285
Micro-location	this home 0.0406 · comparable 0.0574	−$18,816
Cladding	this home 3 · comparable 2	+$15,973
Distance to beach	this home 3.45 km · comparable 3.1 km	−$8,820
Net adjustment		−$24,688

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

8 Cumberland Drive

Sold 3 June 2026 · 0.29 km away

Sold for

$1,415,000

Adjusted to this home

$1,483,344

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$113,322
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 138 m² · comparable 167.88 m²	−$48,884
Street	this home 0.016 · comparable 0.0563	−$45,619
Year built	this home 1987 · comparable 1992	−$18,136
Cladding	this home 3 · comparable 2	+$15,973
Land size	this home 653 m² · comparable 703 m²	−$8,520
Micro-location	this home 0.0406 · comparable 0.0462	−$6,339
Distance to beach	this home 3.45 km · comparable 3.55 km	+$2,547
Net adjustment		+$68,344

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.50 km away

Sold for

$1,400,000

Adjusted to this home

$1,522,139

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$113,322
Land size	this home 653 m² · comparable 405 m²	+$42,259
Year built	this home 1987 · comparable 1995	−$29,018
Street	this home 0.016 · comparable 0.0386	−$25,312
Micro-location	this home 0.0406 · comparable 0.0223	+$20,496
Distance to beach	this home 3.45 km · comparable 3.92 km	+$11,844
Floor area	this home 138 m² · comparable 145 m²	−$11,452
Net adjustment		+$122,139

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

39 Brier Crescent

Sold 16 May 2026 · 1.01 km away

Sold for

$1,302,000

Adjusted to this home

$1,427,253

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$113,322
Year built	this home 1987 · comparable 2013	−$94,307
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 2 · comparable 3	−$60,371
Street	this home 0.016 · comparable -0.0225	+$40,102
Cladding	this home 3 · comparable 1	+$31,946
Micro-location	this home 0.0406 · comparable 0.0157	+$25,936
Distance to beach	this home 3.45 km · comparable 4.35 km	+$18,905
Land size	this home 653 m² · comparable 708 m²	−$9,372
Floor area	this home 138 m² · comparable 141 m²	−$4,908
Net adjustment		+$125,253

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

31 Roundelay Drive

Sold 30 July 2026 · 0.90 km away

Sold for

$1,380,000

Adjusted to this home

$1,509,549

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Pool	this home 1 · comparable 0	+$64,000
Street	this home 0.016 · comparable -0.023	+$43,056
Land size	this home 653 m² · comparable 420 m²	+$39,703
Year built	this home 1987 · comparable 1994	−$25,390
Floor area	this home 138 m² · comparable 151.3 m²	−$21,759
Cladding	this home 3 · comparable 2	+$15,973
Micro-location	this home 0.0406 · comparable 0.0311	+$10,488
Distance to beach	this home 3.45 km · comparable 3.59 km	+$3,478
Net adjustment		+$129,549

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

16 Stanford Avenue

Sold 25 September 2026 · 0.87 km away

Sold for

$1,185,000

Adjusted to this home

$1,310,733

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$113,322
Pool	this home 1 · comparable 0	+$64,000
Land size	this home 653 m² · comparable 420 m²	+$39,703
Year built	this home 1987 · comparable 1996	−$32,645
Micro-location	this home 0.0406 · comparable 0.0704	−$28,250
Floor area	this home 138 m² · comparable 149.41 m²	−$18,666
Distance to beach	this home 3.45 km · comparable 2.9 km	−$11,731
Net adjustment		+$125,733

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

28 Pristine Court

Sold 8 October 2026 · 1.07 km away

Sold for

$1,170,000

Adjusted to this home

$1,341,460

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Bedrooms	this home 4 · comparable 3	+$113,322
Land size	this home 653 m² · comparable 414 m²	+$40,726
Year built	this home 1987 · comparable 1995	−$29,018
Street	this home 0.016 · comparable -0.0146	+$28,642
Cladding	this home 3 · comparable 2	+$15,973
Floor area	this home 138 m² · comparable 141.71 m²	−$6,070
Micro-location	this home 0.0406 · comparable 0.0342	+$5,990
Distance to beach	this home 3.45 km · comparable 3.54 km	+$1,895
Net adjustment		+$171,460

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

56 Southlake Drive

Sold 21 July 2026 · 0.72 km away

Sold for

$1,660,000

Adjusted to this home

$1,560,377

What we added and subtracted to make this sale comparable to 37 Lakeridge Drive
Car spaces	this home 2 · comparable 3	−$60,371
Street	this home 0.016 · comparable 0.0515	−$47,144
Land size	this home 653 m² · comparable 432 m²	+$37,658
Year built	this home 1987 · comparable 1993	−$21,763
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.45 km · comparable 3.76 km	+$9,262
Floor area	this home 138 m² · comparable 133 m²	+$8,180
Micro-location	this home 0.0406 · comparable 0.0447	−$5,445
Net adjustment		−$99,623

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 37 Lakeridge 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 Lakeridge 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

19 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 Lakeridge 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

39 Brier Crescent

31 Roundelay Drive

16 Stanford Avenue

28 Pristine Court

56 Southlake Drive

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