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.

288 Christine Avenue

Sold 13 August 2026 · 0.37 km away

Sold for

$1,420,000

Adjusted to this home

$1,308,082

What we added and subtracted to make this sale comparable to 39 Southlake Drive
Water views	this home 0 · comparable 1	−$228,130
Car spaces	this home 4 · comparable 2	+$64,000
Condition	this home 7 · comparable 6	+$56,800
Bedrooms	this home 4 · comparable 3	+$51,738
Floor area	this home 130 m² · comparable 153.5 m²	−$48,786
Cladding	this home 3 · comparable 2	+$33,851
Land size	this home 659 m² · comparable 729 m²	−$30,800
Micro-location	this home 0.0364 · comparable 0.0586	−$25,219
Year built	this home 2001 · comparable 1994	+$13,776
Street	this home 0.0515 · comparable 0.0431	+$9,542
Distance to beach	this home 3.51 km · comparable 3.17 km	−$8,690
Net adjustment		−$111,918

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

34 Seafoam Close

Sold 13 October 2025 · 0.12 km away

Sold for

$1,450,000

Adjusted to this home

$1,466,564

What we added and subtracted to make this sale comparable to 39 Southlake Drive
Floor area	this home 130 m² · comparable 169 m²	−$80,964
Car spaces	this home 4 · comparable 2	+$64,000
Bedrooms	this home 4 · comparable 3	+$51,738
Street	this home 0.0515 · comparable 0.0909	−$45,704
Land size	this home 659 m² · comparable 624 m²	+$15,400
Year built	this home 2001 · comparable 1994	+$13,776
Distance to beach	this home 3.51 km · comparable 3.45 km	−$1,566
Micro-location	this home 0.0364 · comparable 0.0365	−$116
Net adjustment		+$16,564

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

15 Southlake Drive

Sold 9 September 2026 · 0.18 km away

Sold for

$1,430,000

Adjusted to this home

$1,286,554

What we added and subtracted to make this sale comparable to 39 Southlake Drive
Water views	this home 0 · comparable 1	−$228,130
Car spaces	this home 4 · comparable 2	+$64,000
Land size	this home 659 m² · comparable 591 m²	+$29,920
Floor area	this home 130 m² · comparable 141 m²	−$22,836
Year built	this home 2001 · comparable 1993	+$15,744
Micro-location	this home 0.0364 · comparable 0.0385	−$2,402
Distance to beach	this home 3.51 km · comparable 3.52 km	+$258
Net adjustment		−$143,446

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

28 Seafoam Close

Sold 27 October 2025 · 0.12 km away

Sold for

$1,545,000

Adjusted to this home

$1,460,002

What we added and subtracted to make this sale comparable to 39 Southlake Drive
Floor area	this home 130 m² · comparable 167 m²	−$76,812
Car spaces	this home 4 · comparable 2	+$64,000
Street	this home 0.0515 · comparable 0.0909	−$48,698
Land size	this home 659 m² · comparable 734 m²	−$33,000
Year built	this home 2001 · comparable 1994	+$13,776
Distance to beach	this home 3.51 km · comparable 3.41 km	−$2,781
Micro-location	this home 0.0364 · comparable 0.0376	−$1,483
Net adjustment		−$84,998

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

6 Massachusetts Court

Sold 17 August 2026 · 0.59 km away

Sold for

$1,800,000

Adjusted to this home

$1,364,826

What we added and subtracted to make this sale comparable to 39 Southlake Drive
Floor area	this home 130 m² · comparable 255 m²	−$259,500
Water views	this home 0 · comparable 1	−$228,130
Condition	this home 7 · comparable 6	+$72,000
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.0364 · comparable 0.0585	−$31,824
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.51 km · comparable 3.05 km	−$14,904
Street	this home 0.0515 · comparable 0.0616	−$14,544
Land size	this home 659 m² · comparable 691 m²	−$14,080
Year built	this home 2001 · comparable 1995	+$11,808
Net adjustment		−$435,174

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

21 Washington Court

Sold 17 June 2026 · 0.58 km away

Sold for

$2,050,000

Adjusted to this home

$1,415,247

What we added and subtracted to make this sale comparable to 39 Southlake Drive
Water views	this home 0 · comparable 1	−$228,130
Floor area	this home 130 m² · comparable 212.39 m²	−$171,042
Street	this home 0.0515 · comparable 0.15	−$161,540
Pool	this home 0 · comparable 1	−$70,040
Car spaces	this home 4 · comparable 2	+$64,000
Storeys	this home 1 · comparable 2	−$53,772
Micro-location	this home 0.0364 · comparable 0.0526	−$26,568
Land size	this home 659 m² · comparable 629 m²	+$13,200
Distance to beach	this home 3.51 km · comparable 3.22 km	−$10,701
Year built	this home 2001 · comparable 1996	+$9,840
Net adjustment		−$634,753

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 39 Southlake 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 39 Southlake 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 →

39 Southlake Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 6 sales behind that range — and every adjustment

288 Christine Avenue

34 Seafoam Close

15 Southlake Drive

28 Seafoam Close

6 Massachusetts Court

21 Washington Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 39 Southlake Drive sit?