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 · 0.49 km away

Sold for

$1,220,000

Adjusted to this home

$1,267,329

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Land size	this home 188 m² · comparable 426 m²	−$101,293
Street	this home 0.064 · comparable -0.0146	+$76,714
Micro-location	this home 0.0818 · comparable 0.0126	+$67,539
Floor area	this home 86.74 m² · comparable 143.96 m²	−$42,709
Bedrooms	this home 4 · comparable 3	+$35,878
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.16 km · comparable 3.68 km	−$9,604
Year built	this home 2009 · comparable 1994	+$804
Net adjustment		+$47,329

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

14 Shorehaven Place

Sold 7 April 2026 · 0.63 km away

Sold for

$1,250,000

Adjusted to this home

$1,262,664

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Pool	this home 0 · comparable 1	−$121,964
Street	this home 0.064 · comparable -0.0236	+$87,600
Land size	this home 188 m² · comparable 329 m²	−$60,010
Micro-location	this home 0.0818 · comparable 0.0245	+$57,300
Floor area	this home 86.74 m² · comparable 155 m²	−$50,950
Condition	this home 8 · comparable 7	+$50,000
Bedrooms	this home 4 · comparable 3	+$35,878
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.16 km · comparable 3.87 km	−$5,565
Year built	this home 2009 · comparable 2002	+$375
Net adjustment		+$12,664

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

11 Grenada Court

Sold 12 June 2026 · 0.50 km away

Sold for

$1,350,000

Adjusted to this home

$1,291,267

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Micro-location	this home 0.0818 · comparable 0.1321	−$54,324
Land size	this home 188 m² · comparable 295 m²	−$45,539
Bedrooms	this home 4 · comparable 3	+$35,878
Floor area	this home 86.74 m² · comparable 118.7 m²	−$23,855
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.16 km · comparable 4.65 km	+$8,732
Year built	this home 2009 · comparable 2002	+$375
Net adjustment		−$58,733

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

4 Pascali Court

Sold 5 August 2026 · 0.50 km away

Sold for

$1,150,000

Adjusted to this home

$1,194,893

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Pool	this home 0 · comparable 1	−$121,964
Land size	this home 188 m² · comparable 423 m²	−$100,016
Street	this home 0.064 · comparable -0.0364	+$92,368
Condition	this home 8 · comparable 6	+$92,000
Micro-location	this home 0.0818 · comparable 0.0123	+$63,940
Bedrooms	this home 4 · comparable 3	+$35,878
Floor area	this home 86.74 m² · comparable 125.33 m²	−$28,803
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.16 km · comparable 3.67 km	−$9,260
Year built	this home 2009 · comparable 1995	+$750
Net adjustment		+$44,893

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

31 Roundelay Drive

Sold 30 July 2026 · 0.60 km away

Sold for

$1,380,000

Adjusted to this home

$1,392,800

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Land size	this home 188 m² · comparable 420 m²	−$98,739
Street	this home 0.064 · comparable -0.023	+$96,048
Micro-location	this home 0.0818 · comparable 0.0311	+$55,973
Floor area	this home 86.74 m² · comparable 151.3 m²	−$48,187
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.16 km · comparable 3.59 km	−$13,099
Year built	this home 2009 · comparable 1994	+$804
Net adjustment		+$12,800

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

3 Dorothy Place

Sold 27 March 2026 · 0.63 km away

Sold for

$1,300,000

Adjusted to this home

$1,240,270

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Pool	this home 0 · comparable 1	−$121,964
Condition	this home 8 · comparable 6	+$104,000
Land size	this home 188 m² · comparable 410 m²	−$94,483
Bedrooms	this home 4 · comparable 3	+$35,878
Micro-location	this home 0.0818 · comparable 0.0479	+$35,256
Floor area	this home 86.74 m² · comparable 129.58 m²	−$31,976
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.16 km · comparable 3.81 km	−$7,191
Year built	this home 2009 · comparable 1995	+$750
Net adjustment		−$59,730

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

14 Windemere Crescent

Sold 10 March 2026 · 0.55 km away

Sold for

$1,350,000

Adjusted to this home

$1,261,500

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Water views	this home 0 · comparable 1	−$145,476
Land size	this home 188 m² · comparable 400 m²	−$90,227
Condition	this home 8 · comparable 7	+$54,000
Micro-location	this home 0.0818 · comparable 0.0348	+$50,760
Bedrooms	this home 4 · comparable 3	+$35,878
Street	this home 0.064 · comparable 0.0323	+$34,236
Floor area	this home 86.74 m² · comparable 123.36 m²	−$27,333
Distance to beach	this home 4.16 km · comparable 4.12 km	−$713
Year built	this home 2009 · comparable 2002	+$375
Net adjustment		−$88,500

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

28 Pristine Court

Sold 8 October 2026 · 0.61 km away

Sold for

$1,170,000

Adjusted to this home

$1,120,214

What we added and subtracted to make this sale comparable to 37 South Bay Drive
Pool	this home 0 · comparable 1	−$121,964
Land size	this home 188 m² · comparable 414 m²	−$96,186
Street	this home 0.064 · comparable -0.0146	+$73,570
Condition	this home 8 · comparable 7	+$46,800
Micro-location	this home 0.0818 · comparable 0.0342	+$44,554
Floor area	this home 86.74 m² · comparable 141.71 m²	−$41,030
Bedrooms	this home 4 · comparable 3	+$35,878
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.16 km · comparable 3.54 km	−$12,158
Year built	this home 2009 · comparable 1995	+$750
Net adjustment		−$49,786

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 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 37 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

14 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 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

6 Pristine Court

14 Shorehaven Place

11 Grenada Court

4 Pascali Court

31 Roundelay Drive

3 Dorothy Place

14 Windemere Crescent

28 Pristine Court

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