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.

35 Explorers Way

Sold 11 February 2026 · 1.50 km away

Sold for

$1,130,000

Adjusted to this home

$1,096,932

What we added and subtracted to make this sale comparable to 38 Lexington Drive
Street	this home -0.145 · comparable -0.0329	−$101,338
Micro-location	this home 0.0166 · comparable -0.0662	+$74,851
Floor area	this home 102 m² · comparable 93 m²	+$23,270
Cladding	this home 1 · comparable 2	−$20,000
Car spaces	this home 1 · comparable 2	−$8,699
Land size	this home 715 m² · comparable 751 m²	−$1,152
Net adjustment		−$33,068

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

44 Lexington Drive

Sold 24 August 2026 · 0.07 km away

Sold for

$1,011,100

Adjusted to this home

$944,017

What we added and subtracted to make this sale comparable to 38 Lexington Drive
Floor area	this home 102 m² · comparable 128 m²	−$67,226
Pool	this home 1 · comparable 0	+$64,000
Bathrooms	this home 1 · comparable 2	−$37,050
Cladding	this home 1 · comparable 2	−$20,000
Car spaces	this home 1 · comparable 2	−$8,699
Year built	this home 1994 · comparable 1993	+$1,723
Micro-location	this home 0.0166 · comparable 0.0156	+$809
Land size	this home 715 m² · comparable 735 m²	−$640
Net adjustment		−$67,083

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

5 Newhaven Crescent

Sold 5 December 2025 · 0.15 km away

Sold for

$1,200,000

Adjusted to this home

$1,096,087

What we added and subtracted to make this sale comparable to 38 Lexington Drive
Condition	this home 8 · comparable 9	−$72,000
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 102 m² · comparable 124 m²	−$56,883
Bathrooms	this home 1 · comparable 2	−$37,050
Cladding	this home 1 · comparable 2	−$20,000
Car spaces	this home 1 · comparable 3	−$17,398
Micro-location	this home 0.0166 · comparable -0.0005	+$16,416
Year built	this home 1994 · comparable 1986	+$13,786
Street	this home -0.145 · comparable -0.15	+$4,800
Land size	this home 715 m² · comparable 702 m²	+$416
Net adjustment		−$103,913

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

8 Lexington Drive

Sold 21 May 2026 · 0.29 km away

Sold for

$1,360,000

Adjusted to this home

$1,117,446

What we added and subtracted to make this sale comparable to 38 Lexington Drive
Floor area	this home 102 m² · comparable 208 m²	−$274,074
Micro-location	this home 0.0166 · comparable -0.1067	+$134,150
Bedrooms	this home 3 · comparable 4	−$92,000
Condition	this home 8 · comparable 7	+$54,400
Bathrooms	this home 1 · comparable 2	−$37,050
Car spaces	this home 1 · comparable 4	−$26,098
Year built	this home 1994 · comparable 1982	+$20,678
Cladding	this home 1 · comparable 2	−$20,000
Land size	this home 715 m² · comparable 795 m²	−$2,560
Net adjustment		−$242,554

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

2 Andamooka Avenue

Sold 7 November 2025 · 1.34 km away

Sold for

$1,180,000

Adjusted to this home

$1,040,703

What we added and subtracted to make this sale comparable to 38 Lexington Drive
Street	this home -0.145 · comparable -0.0217	−$116,395
Micro-location	this home 0.0166 · comparable -0.0747	+$86,187
Condition	this home 8 · comparable 9	−$70,800
Pool	this home 1 · comparable 0	+$64,000
Bathrooms	this home 1 · comparable 2	−$37,050
Car spaces	this home 1 · comparable 4	−$26,098
Cladding	this home 1 · comparable 2	−$20,000
Floor area	this home 102 m² · comparable 109.18 m²	−$18,565
Land size	this home 715 m² · comparable 733 m²	−$576
Net adjustment		−$139,297

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

12 Andamooka Avenue

Sold 30 December 2025 · 1.42 km away

Sold for

$1,300,000

Adjusted to this home

$1,106,940

What we added and subtracted to make this sale comparable to 38 Lexington Drive
Street	this home -0.145 · comparable -0.0217	−$128,232
Micro-location	this home 0.0166 · comparable -0.0719	+$92,040
Bedrooms	this home 3 · comparable 4	−$92,000
Condition	this home 8 · comparable 9	−$78,000
Pool	this home 1 · comparable 0	+$64,000
Cladding	this home 1 · comparable 3	−$40,000
Bathrooms	this home 1 · comparable 2	−$37,050
Floor area	this home 102 m² · comparable 88.72 m²	+$34,337
Car spaces	this home 1 · comparable 2	−$8,699
Land size	this home 715 m² · comparable 698 m²	+$544
Net adjustment		−$193,060

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

5 Moura Road

Sold 20 November 2025 · 1.20 km away

Sold for

$1,200,000

Adjusted to this home

$1,049,477

What we added and subtracted to make this sale comparable to 38 Lexington Drive
Micro-location	this home 0.0166 · comparable -0.0717	+$84,768
Condition	this home 8 · comparable 9	−$72,000
Floor area	this home 102 m² · comparable 121 m²	−$49,126
Street	this home -0.145 · comparable -0.0953	−$47,712
Bathrooms	this home 1 · comparable 2	−$37,050
Cladding	this home 1 · comparable 2	−$20,000
Car spaces	this home 1 · comparable 2	−$8,699
Land size	this home 715 m² · comparable 737 m²	−$704
Net adjustment		−$150,523

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 38 Lexington 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 38 Lexington Drive over the past 18 months, compared it with Worongary’s wider market, and examined the indicators most likely to reveal what happens next.

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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.

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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.

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38 Lexington Drive

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Your valuation

The 7 sales behind that range — and every adjustment

35 Explorers Way

44 Lexington Drive

5 Newhaven Crescent

8 Lexington Drive

2 Andamooka Avenue

12 Andamooka Avenue

5 Moura Road

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 38 Lexington Drive sit?

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39 Lexington Drive

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Why I built Fields