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 · 0.51 km away

Sold for

$1,220,000

Adjusted to this home

$1,194,420

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Street	this home 0.0563 · comparable -0.0146	+$69,198
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 116 m² · comparable 143.96 m²	−$49,522
Micro-location	this home 0.0457 · comparable 0.0126	+$32,306
Car spaces	this home 1 · comparable 2	−$32,000
Land size	this home 495 m² · comparable 426 m²	+$11,482
Year built	this home 1993 · comparable 1994	−$3,507
Distance to beach	this home 3.75 km · comparable 3.68 km	−$1,537
Net adjustment		−$25,580

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

28 Pristine Court

Sold 8 October 2026 · 0.65 km away

Sold for

$1,170,000

Adjusted to this home

$1,139,981

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Street	this home 0.0563 · comparable -0.0146	+$66,362
Bathrooms	this home 1 · comparable 2	−$52,000
Condition	this home 8 · comparable 7	+$46,800
Floor area	this home 116 m² · comparable 141.71 m²	−$45,538
Car spaces	this home 1 · comparable 2	−$32,000
Pool	this home 0 · comparable 1	−$26,449
Land size	this home 495 m² · comparable 414 m²	+$13,478
Micro-location	this home 0.0457 · comparable 0.0342	+$10,764
Year built	this home 1993 · comparable 1995	−$7,014
Distance to beach	this home 3.75 km · comparable 3.54 km	−$4,422
Net adjustment		−$30,019

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

4 Pascali Court

Sold 5 August 2026 · 0.53 km away

Sold for

$1,150,000

Adjusted to this home

$1,234,348

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Condition	this home 8 · comparable 6	+$92,000
Street	this home 0.0563 · comparable -0.0364	+$85,284
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0457 · comparable 0.0123	+$30,728
Pool	this home 0 · comparable 1	−$26,449
Floor area	this home 116 m² · comparable 125.33 m²	−$16,526
Land size	this home 495 m² · comparable 423 m²	+$11,981
Year built	this home 1993 · comparable 1995	−$7,014
Distance to beach	this home 3.75 km · comparable 3.67 km	−$1,656
Net adjustment		+$84,348

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

3 Dorothy Place

Sold 27 March 2026 · 0.14 km away

Sold for

$1,300,000

Adjusted to this home

$1,275,744

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Condition	this home 8 · comparable 6	+$104,000
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Pool	this home 0 · comparable 1	−$26,449
Floor area	this home 116 m² · comparable 129.58 m²	−$24,053
Land size	this home 495 m² · comparable 410 m²	+$14,144
Year built	this home 1993 · comparable 1995	−$7,014
Micro-location	this home 0.0457 · comparable 0.0479	−$2,288
Distance to beach	this home 3.75 km · comparable 3.81 km	+$1,404
Net adjustment		−$24,256

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.38 km away

Sold for

$1,400,000

Adjusted to this home

$1,273,433

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 116 m² · comparable 145 m²	−$51,365
Car spaces	this home 1 · comparable 2	−$32,000
Pool	this home 0 · comparable 1	−$26,449
Micro-location	this home 0.0457 · comparable 0.0223	+$26,208
Cladding	this home 2 · comparable 3	−$23,031
Street	this home 0.0563 · comparable 0.0386	+$19,824
Land size	this home 495 m² · comparable 405 m²	+$14,976
Year built	this home 1993 · comparable 1995	−$7,014
Distance to beach	this home 3.75 km · comparable 3.92 km	+$4,284
Net adjustment		−$126,567

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

39 Brier Crescent

Sold 16 May 2026 · 0.85 km away

Sold for

$1,302,000

Adjusted to this home

$1,184,364

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Street	this home 0.0563 · comparable -0.0225	+$82,078
Year built	this home 1993 · comparable 2013	−$70,144
Car spaces	this home 1 · comparable 3	−$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 116 m² · comparable 141 m²	−$44,280
Land size	this home 495 m² · comparable 708 m²	−$35,443
Micro-location	this home 0.0457 · comparable 0.0157	+$31,248
Cladding	this home 2 · comparable 1	+$23,031
Distance to beach	this home 3.75 km · comparable 4.35 km	+$11,874
Net adjustment		−$117,636

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

31 Roundelay Drive

Sold 30 July 2026 · 0.46 km away

Sold for

$1,380,000

Adjusted to this home

$1,263,489

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Street	this home 0.0563 · comparable -0.023	+$87,547
Bedrooms	this home 3 · comparable 4	−$78,652
Floor area	this home 116 m² · comparable 151.3 m²	−$62,523
Bathrooms	this home 1 · comparable 2	−$52,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0457 · comparable 0.0311	+$16,118
Land size	this home 495 m² · comparable 420 m²	+$12,480
Distance to beach	this home 3.75 km · comparable 3.59 km	−$3,974
Year built	this home 1993 · comparable 1994	−$3,507
Net adjustment		−$116,511

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

8 Cumberland Drive

Sold 3 June 2026 · 0.29 km away

Sold for

$1,415,000

Adjusted to this home

$1,258,946

What we added and subtracted to make this sale comparable to 46 Cumberland Drive
Floor area	this home 116 m² · comparable 167.88 m²	−$91,890
Condition	this home 8 · comparable 7	+$56,600
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 495 m² · comparable 703 m²	−$34,611
Car spaces	this home 1 · comparable 2	−$32,000
Distance to beach	this home 3.75 km · comparable 3.55 km	−$5,094
Year built	this home 1993 · comparable 1992	+$3,507
Micro-location	this home 0.0457 · comparable 0.0462	−$566
Net adjustment		−$156,054

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 46 Cumberland 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 46 Cumberland 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 →

46 Cumberland 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

28 Pristine Court

4 Pascali Court

3 Dorothy Place

9 Gainsborough Drive

39 Brier Crescent

31 Roundelay Drive

8 Cumberland Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 46 Cumberland Drive sit?