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.

8 Cumberland Drive

Sold 3 June 2026 · 0.31 km away

Sold for

$1,415,000

Adjusted to this home

$1,361,549

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Floor area	this home 190 m² · comparable 167.88 m²	+$58,185
Street	this home 0.016 · comparable 0.0563	−$45,619
Bathrooms	this home 1 · comparable 2	−$42,774
Land size	this home 651 m² · comparable 703 m²	−$22,880
Year built	this home 1986 · comparable 1992	−$14,904
Pool	this home 1 · comparable 0	+$6,956
Distance to beach	this home 3.31 km · comparable 3.55 km	+$6,113
Micro-location	this home 0.0475 · comparable 0.0462	+$1,472
Net adjustment		−$53,451

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

18 Massachusetts Court

Sold 9 July 2026 · 0.81 km away

Sold for

$1,450,000

Adjusted to this home

$1,384,341

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Floor area	this home 190 m² · comparable 137 m²	+$139,411
Street	this home 0.016 · comparable 0.0616	−$52,896
Bedrooms	this home 3 · comparable 4	−$44,810
Bathrooms	this home 1 · comparable 2	−$42,774
Year built	this home 1986 · comparable 1997	−$27,324
Micro-location	this home 0.0475 · comparable 0.0654	−$20,764
Cladding	this home 2 · comparable 3	−$20,000
Land size	this home 651 m² · comparable 630 m²	+$9,240
Distance to beach	this home 3.31 km · comparable 3.09 km	−$5,742
Net adjustment		−$65,659

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

36 Roundelay Drive

Sold 23 December 2025 · 0.78 km away

Sold for

$1,352,000

Adjusted to this home

$1,388,615

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Condition	this home 7 · comparable 9	−$135,200
Land size	this home 651 m² · comparable 415 m²	+$103,840
Floor area	this home 190 m² · comparable 161 m²	+$76,282
Bathrooms	this home 1 · comparable 2	−$42,774
Street	this home 0.016 · comparable -0.023	+$42,182
Micro-location	this home 0.0475 · comparable 0.0287	+$20,334
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 1986 · comparable 1994	−$19,872
Pool	this home 1 · comparable 0	+$6,956
Distance to beach	this home 3.31 km · comparable 3.51 km	+$4,867
Net adjustment		+$36,615

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

16 Stanford Avenue

Sold 25 September 2026 · 0.72 km away

Sold for

$1,185,000

Adjusted to this home

$1,282,295

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Floor area	this home 190 m² · comparable 149.41 m²	+$106,768
Land size	this home 651 m² · comparable 420 m²	+$101,640
Bathrooms	this home 1 · comparable 2	−$42,774
Year built	this home 1986 · comparable 1996	−$24,840
Micro-location	this home 0.0475 · comparable 0.0704	−$21,709
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 3.31 km · comparable 2.9 km	−$8,746
Pool	this home 1 · comparable 0	+$6,956
Net adjustment		+$97,295

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.63 km away

Sold for

$1,400,000

Adjusted to this home

$1,503,762

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Floor area	this home 190 m² · comparable 145 m²	+$118,368
Land size	this home 651 m² · comparable 405 m²	+$108,240
Condition	this home 7 · comparable 8	−$56,000
Bathrooms	this home 1 · comparable 2	−$42,774
Micro-location	this home 0.0475 · comparable 0.0223	+$28,224
Street	this home 0.016 · comparable 0.0386	−$25,312
Year built	this home 1986 · comparable 1995	−$22,356
Cladding	this home 2 · comparable 3	−$20,000
Distance to beach	this home 3.31 km · comparable 3.92 km	+$15,372
Net adjustment		+$103,762

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

28 Pristine Court

Sold 8 October 2026 · 1.01 km away

Sold for

$1,170,000

Adjusted to this home

$1,382,107

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Floor area	this home 190 m² · comparable 141.71 m²	+$127,022
Land size	this home 651 m² · comparable 414 m²	+$104,280
Bathrooms	this home 1 · comparable 2	−$42,774
Street	this home 0.016 · comparable -0.0146	+$28,642
Year built	this home 1986 · comparable 1995	−$22,356
Micro-location	this home 0.0475 · comparable 0.0342	+$12,449
Distance to beach	this home 3.31 km · comparable 3.54 km	+$4,844
Net adjustment		+$212,107

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

31 Roundelay Drive

Sold 30 July 2026 · 0.86 km away

Sold for

$1,380,000

Adjusted to this home

$1,495,854

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Floor area	this home 190 m² · comparable 151.3 m²	+$101,797
Land size	this home 651 m² · comparable 420 m²	+$101,640
Condition	this home 7 · comparable 8	−$55,200
Bedrooms	this home 3 · comparable 4	−$44,810
Street	this home 0.016 · comparable -0.023	+$43,056
Bathrooms	this home 1 · comparable 2	−$42,774
Year built	this home 1986 · comparable 1994	−$19,872
Micro-location	this home 0.0475 · comparable 0.0311	+$18,106
Pool	this home 1 · comparable 0	+$6,956
Distance to beach	this home 3.31 km · comparable 3.59 km	+$6,955
Net adjustment		+$115,854

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

3 Massachusetts Court

Sold 22 July 2026 · 0.92 km away

Sold for

$1,400,000

Adjusted to this home

$1,510,029

What we added and subtracted to make this sale comparable to 4 Lakeridge Drive
Floor area	this home 190 m² · comparable 120.1 m²	+$183,865
Land size	this home 651 m² · comparable 410 m²	+$106,040
Street	this home 0.016 · comparable 0.0616	−$51,072
Bedrooms	this home 3 · comparable 4	−$44,810
Bathrooms	this home 1 · comparable 2	−$42,774
Year built	this home 1986 · comparable 1996	−$24,840
Micro-location	this home 0.0475 · comparable 0.0574	−$11,088
Distance to beach	this home 3.31 km · comparable 3.1 km	−$5,292
Net adjustment		+$110,029

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 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 4 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

16 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 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

8 Cumberland Drive

18 Massachusetts Court

36 Roundelay Drive

16 Stanford Avenue

9 Gainsborough Drive

28 Pristine Court

31 Roundelay Drive

3 Massachusetts Court

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