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.

31 Roundelay Drive

Sold 30 July 2026 · 0.89 km away

Sold for

$1,380,000

Adjusted to this home

$1,308,741

What we added and subtracted to make this sale comparable to 4 Babu Street
Bedrooms	this home 3 · comparable 4	−$83,033
Micro-location	this home 0.0589 · comparable 0.0311	+$30,691
Floor area	this home 137 m² · comparable 151.3 m²	−$24,425
Year built	this home 1999 · comparable 1994	+$14,752
Distance to beach	this home 4.2 km · comparable 3.59 km	−$13,827
Pool	this home 1 · comparable 0	+$4,274
Land size	this home 422 m² · comparable 420 m²	+$309
Net adjustment		−$71,259

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.31 km away

Sold for

$1,400,000

Adjusted to this home

$1,414,495

What we added and subtracted to make this sale comparable to 4 Babu Street
Micro-location	this home 0.0589 · comparable 0.0223	+$40,992
Cladding	this home 2 · comparable 3	−$21,548
Floor area	this home 137 m² · comparable 145 m²	−$13,664
Year built	this home 1999 · comparable 1995	+$11,802
Distance to beach	this home 4.2 km · comparable 3.92 km	−$5,712
Land size	this home 422 m² · comparable 405 m²	+$2,625
Net adjustment		+$14,495

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

6 Pristine Court

Sold 30 June 2026 · 0.90 km away

Sold for

$1,220,000

Adjusted to this home

$1,261,461

What we added and subtracted to make this sale comparable to 4 Babu Street
Micro-location	this home 0.0589 · comparable 0.0126	+$45,189
Year built	this home 1999 · comparable 1994	+$14,752
Floor area	this home 137 m² · comparable 143.96 m²	−$11,888
Distance to beach	this home 4.2 km · comparable 3.68 km	−$10,248
Pool	this home 1 · comparable 0	+$4,274
Land size	this home 422 m² · comparable 426 m²	−$618
Net adjustment		+$41,461

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

3 Dorothy Place

Sold 27 March 2026 · 0.52 km away

Sold for

$1,300,000

Adjusted to this home

$1,329,891

What we added and subtracted to make this sale comparable to 4 Babu Street
Floor area	this home 137 m² · comparable 129.58 m²	+$12,674
Year built	this home 1999 · comparable 1995	+$11,802
Micro-location	this home 0.0589 · comparable 0.0479	+$11,440
Distance to beach	this home 4.2 km · comparable 3.81 km	−$7,878
Land size	this home 422 m² · comparable 410 m²	+$1,853
Net adjustment		+$29,891

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

39 Brier Crescent

Sold 16 May 2026 · 0.38 km away

Sold for

$1,302,000

Adjusted to this home

$1,251,101

What we added and subtracted to make this sale comparable to 4 Babu Street
Micro-location	this home 0.0589 · comparable 0.0157	+$44,997
Land size	this home 422 m² · comparable 708 m²	−$44,158
Year built	this home 1999 · comparable 2013	−$41,306
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 2 · comparable 1	+$21,548
Floor area	this home 137 m² · comparable 141 m²	−$6,832
Pool	this home 1 · comparable 0	+$4,274
Distance to beach	this home 4.2 km · comparable 4.35 km	+$2,578
Net adjustment		−$50,899

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

8 Cumberland Drive

Sold 3 June 2026 · 0.65 km away

Sold for

$1,415,000

Adjusted to this home

$1,342,977

What we added and subtracted to make this sale comparable to 4 Babu Street
Floor area	this home 137 m² · comparable 167.88 m²	−$52,743
Land size	this home 422 m² · comparable 703 m²	−$43,386
Year built	this home 1999 · comparable 1992	+$20,653
Distance to beach	this home 4.2 km · comparable 3.55 km	−$15,197
Micro-location	this home 0.0589 · comparable 0.0462	+$14,376
Pool	this home 1 · comparable 0	+$4,274
Net adjustment		−$72,023

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

4 Pascali Court

Sold 5 August 2026 · 0.92 km away

Sold for

$1,150,000

Adjusted to this home

$1,214,585

What we added and subtracted to make this sale comparable to 4 Babu Street
Micro-location	this home 0.0589 · comparable 0.0123	+$42,872
Floor area	this home 137 m² · comparable 125.33 m²	+$19,932
Year built	this home 1999 · comparable 1995	+$11,802
Distance to beach	this home 4.2 km · comparable 3.67 km	−$9,867
Land size	this home 422 m² · comparable 423 m²	−$154
Net adjustment		+$64,585

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

4 Barbie Avenue

Sold 5 August 2026 · 0.36 km away

Sold for

$1,515,000

Adjusted to this home

$1,275,381

What we added and subtracted to make this sale comparable to 4 Babu Street
Bedrooms	this home 3 · comparable 4	−$83,033
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 2 · comparable 4	−$43,096
Floor area	this home 137 m² · comparable 151 m²	−$23,912
Land size	this home 422 m² · comparable 570 m²	−$22,851
Distance to beach	this home 4.2 km · comparable 3.98 km	−$4,545
Micro-location	this home 0.0589 · comparable 0.0574	+$1,818
Net adjustment		−$239,619

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 4 Babu Street 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 4 Babu Street 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 →

4 Babu Street

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

31 Roundelay Drive

9 Gainsborough Drive

6 Pristine Court

3 Dorothy Place

39 Brier Crescent

8 Cumberland Drive

4 Pascali Court

4 Barbie Avenue

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 4 Babu Street sit?