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 · 0.18 km away

Sold for

$1,220,000

Adjusted to this home

$1,194,059

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Floor area	this home 127 m² · comparable 143.96 m²	−$34,734
Micro-location	this home 0.0274 · comparable 0.0126	+$14,445
Street	this home -0.023 · comparable -0.0146	−$8,198
Distance to beach	this home 3.54 km · comparable 3.68 km	+$3,074
Land size	this home 411 m² · comparable 426 m²	−$528
Net adjustment		−$25,941

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

4 Pascali Court

Sold 5 August 2026 · 0.19 km away

Sold for

$1,150,000

Adjusted to this home

$1,108,360

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Pool	this home 0 · comparable 1	−$70,749
Micro-location	this home 0.0274 · comparable 0.0123	+$13,892
Street	this home -0.023 · comparable -0.0364	+$12,328
Floor area	this home 127 m² · comparable 125.33 m²	+$3,420
Year built	this home 1994 · comparable 1995	−$2,800
Distance to beach	this home 3.54 km · comparable 3.67 km	+$2,691
Land size	this home 411 m² · comparable 423 m²	−$422
Net adjustment		−$41,640

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

31 Roundelay Drive

Sold 30 July 2026 · 0.07 km away

Sold for

$1,380,000

Adjusted to this home

$1,238,717

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Bedrooms	this home 3 · comparable 4	−$88,357
Floor area	this home 127 m² · comparable 151.3 m²	−$49,766
Micro-location	this home 0.0274 · comparable 0.0311	−$4,085
Distance to beach	this home 3.54 km · comparable 3.59 km	+$1,242
Land size	this home 411 m² · comparable 420 m²	−$317
Net adjustment		−$141,283

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

3 Dorothy Place

Sold 27 March 2026 · 0.37 km away

Sold for

$1,300,000

Adjusted to this home

$1,206,200

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Pool	this home 0 · comparable 1	−$70,749
Micro-location	this home 0.0274 · comparable 0.0479	−$21,320
Distance to beach	this home 3.54 km · comparable 3.81 km	+$6,318
Floor area	this home 127 m² · comparable 129.58 m²	−$5,284
Year built	this home 1994 · comparable 1995	−$2,800
Land size	this home 411 m² · comparable 410 m²	+$35
Net adjustment		−$93,800

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

16 Stanford Avenue

Sold 25 September 2026 · 0.65 km away

Sold for

$1,185,000

Adjusted to this home

$1,069,973

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Floor area	this home 127 m² · comparable 149.41 m²	−$45,896
Micro-location	this home 0.0274 · comparable 0.0704	−$40,764
Distance to beach	this home 3.54 km · comparable 2.9 km	−$13,651
Cladding	this home 2 · comparable 3	−$8,799
Year built	this home 1994 · comparable 1996	−$5,600
Land size	this home 411 m² · comparable 420 m²	−$317
Net adjustment		−$115,027

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

28 Pristine Court

Sold 8 October 2026 · 0.23 km away

Sold for

$1,170,000

Adjusted to this home

$1,051,992

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Pool	this home 0 · comparable 1	−$70,749
Floor area	this home 127 m² · comparable 141.71 m²	−$30,126
Street	this home -0.023 · comparable -0.0146	−$7,862
Micro-location	this home 0.0274 · comparable 0.0342	−$6,365
Year built	this home 1994 · comparable 1995	−$2,800
Land size	this home 411 m² · comparable 414 m²	−$106
Net adjustment		−$118,008

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

8 Cumberland Drive

Sold 3 June 2026 · 0.58 km away

Sold for

$1,415,000

Adjusted to this home

$1,215,804

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Street	this home -0.023 · comparable 0.0563	−$89,768
Floor area	this home 127 m² · comparable 167.88 m²	−$83,722
Micro-location	this home 0.0274 · comparable 0.0462	−$21,282
Land size	this home 411 m² · comparable 703 m²	−$10,278
Year built	this home 1994 · comparable 1992	+$5,600
Distance to beach	this home 3.54 km · comparable 3.55 km	+$254
Net adjustment		−$199,196

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

4 Barbie Avenue

Sold 5 August 2026 · 0.54 km away

Sold for

$1,515,000

Adjusted to this home

$1,194,985

What we added and subtracted to make this sale comparable to 40 Roundelay Drive
Bedrooms	this home 3 · comparable 4	−$88,357
Pool	this home 0 · comparable 1	−$70,749
Car spaces	this home 2 · comparable 4	−$50,200
Floor area	this home 127 m² · comparable 151 m²	−$49,152
Micro-location	this home 0.0274 · comparable 0.0574	−$36,360
Cladding	this home 2 · comparable 4	−$17,598
Year built	this home 1994 · comparable 1999	−$14,000
Distance to beach	this home 3.54 km · comparable 3.98 km	+$11,998
Land size	this home 411 m² · comparable 570 m²	−$5,597
Net adjustment		−$320,015

A further 7 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 40 Roundelay 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 40 Roundelay 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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 →

40 Roundelay 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

4 Pascali Court

31 Roundelay Drive

3 Dorothy Place

16 Stanford Avenue

28 Pristine Court

8 Cumberland Drive

4 Barbie Avenue

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 40 Roundelay Drive sit?