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 · 0.49 km away

Sold for

$1,220,000

Adjusted to this home

$1,225,030

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Land size	this home 187 m² · comparable 426 m²	−$99,424
Street	this home 0.064 · comparable -0.0146	+$76,714
Micro-location	this home 0.0877 · comparable 0.0126	+$73,298
Floor area	this home 98 m² · comparable 143.96 m²	−$36,254
Distance to beach	this home 4.16 km · comparable 3.68 km	−$9,604
Year built	this home 2009 · comparable 1994	+$300
Net adjustment		+$5,030

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

4 Pascali Court

Sold 5 August 2026 · 0.49 km away

Sold for

$1,150,000

Adjusted to this home

$1,165,022

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Land size	this home 187 m² · comparable 423 m²	−$98,176
Street	this home 0.064 · comparable -0.0364	+$92,368
Micro-location	this home 0.0877 · comparable 0.0123	+$69,368
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 6	+$46,000
Floor area	this home 98 m² · comparable 125.33 m²	−$21,558
Distance to beach	this home 4.16 km · comparable 3.67 km	−$9,260
Year built	this home 2009 · comparable 1995	+$280
Net adjustment		+$15,022

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

14 Shorehaven Place

Sold 7 April 2026 · 0.65 km away

Sold for

$1,250,000

Adjusted to this home

$1,227,341

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Street	this home 0.064 · comparable -0.0236	+$87,600
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0877 · comparable 0.0245	+$63,200
Land size	this home 187 m² · comparable 329 m²	−$59,072
Floor area	this home 98 m² · comparable 155 m²	−$44,962
Distance to beach	this home 4.16 km · comparable 3.87 km	−$5,565
Year built	this home 2009 · comparable 2002	+$140
Net adjustment		−$22,659

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

3 Dorothy Place

Sold 27 March 2026 · 0.61 km away

Sold for

$1,300,000

Adjusted to this home

$1,204,803

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Land size	this home 187 m² · comparable 410 m²	−$92,768
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 6	+$52,000
Micro-location	this home 0.0877 · comparable 0.0479	+$41,392
Floor area	this home 98 m² · comparable 129.58 m²	−$24,910
Distance to beach	this home 4.16 km · comparable 3.81 km	−$7,191
Year built	this home 2009 · comparable 1995	+$280
Net adjustment		−$95,197

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

28 Pristine Court

Sold 8 October 2026 · 0.62 km away

Sold for

$1,170,000

Adjusted to this home

$1,088,858

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Land size	this home 187 m² · comparable 414 m²	−$94,432
Street	this home 0.064 · comparable -0.0146	+$73,570
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0877 · comparable 0.0342	+$50,076
Floor area	this home 98 m² · comparable 141.71 m²	−$34,478
Distance to beach	this home 4.16 km · comparable 3.54 km	−$12,158
Year built	this home 2009 · comparable 1995	+$280
Net adjustment		−$81,142

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

11 Grenada Court

Sold 12 June 2026 · 0.49 km away

Sold for

$1,350,000

Adjusted to this home

$1,195,664

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.0877 · comparable 0.1321	−$47,952
Land size	this home 187 m² · comparable 295 m²	−$44,928
Floor area	this home 98 m² · comparable 118.7 m²	−$16,328
Distance to beach	this home 4.16 km · comparable 4.65 km	+$8,732
Year built	this home 2009 · comparable 2002	+$140
Net adjustment		−$154,336

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

31 Roundelay Drive

Sold 30 July 2026 · 0.60 km away

Sold for

$1,380,000

Adjusted to this home

$1,297,026

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Land size	this home 187 m² · comparable 420 m²	−$96,928
Street	this home 0.064 · comparable -0.023	+$96,048
Micro-location	this home 0.0877 · comparable 0.0311	+$62,486
Condition	this home 7 · comparable 8	−$55,200
Floor area	this home 98 m² · comparable 151.3 m²	−$42,043
Bedrooms	this home 3 · comparable 4	−$34,538
Distance to beach	this home 4.16 km · comparable 3.59 km	−$13,099
Year built	this home 2009 · comparable 1994	+$300
Net adjustment		−$82,974

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

11 Magenta Drive

Sold 23 February 2026 · 0.71 km away

Sold for

$1,290,000

Adjusted to this home

$1,269,307

What we added and subtracted to make this sale comparable to 45 South Bay Drive
Land size	this home 187 m² · comparable 400 m²	−$88,608
Micro-location	this home 0.0877 · comparable 0.0215	+$68,318
Floor area	this home 98 m² · comparable 135 m²	−$29,186
Street	this home 0.064 · comparable 0.0361	+$28,793
Distance to beach	this home 4.16 km · comparable 4.15 km	−$170
Year built	this home 2009 · comparable 2001	+$160
Net adjustment		−$20,693

A further 12 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 45 South Bay 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 45 South Bay 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 →

45 South Bay 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

14 Shorehaven Place

3 Dorothy Place

28 Pristine Court

11 Grenada Court

31 Roundelay Drive

11 Magenta Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 45 South Bay Drive sit?