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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.39 km away

Sold for

$1,400,000

Adjusted to this home

$1,405,697

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Car spaces	this home 4 · comparable 2	+$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 122 m² · comparable 145 m²	−$40,738
Micro-location	this home 0.0452 · comparable 0.0223	+$25,648
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 3.76 km · comparable 3.92 km	+$4,032
Net adjustment		+$5,697

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

3 Dorothy Place

Sold 27 March 2026 · 0.13 km away

Sold for

$1,300,000

Adjusted to this home

$1,304,066

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Car spaces	this home 4 · comparable 2	+$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 495 m² · comparable 410 m²	+$14,144
Floor area	this home 122 m² · comparable 129.58 m²	−$13,426
Year built	this home 1993 · comparable 1995	−$7,014
Micro-location	this home 0.0452 · comparable 0.0479	−$2,808
Distance to beach	this home 3.76 km · comparable 3.81 km	+$1,170
Net adjustment		+$4,066

A further 10 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

$1,316,685

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Street	this home 0.0563 · comparable -0.0225	+$82,078
Year built	this home 1993 · comparable 2013	−$70,144
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 495 m² · comparable 708 m²	−$35,443
Floor area	this home 122 m² · comparable 141 m²	−$33,653
Car spaces	this home 4 · comparable 3	+$32,000
Micro-location	this home 0.0452 · comparable 0.0157	+$30,727
Pool	this home 1 · comparable 0	+$26,449
Cladding	this home 2 · comparable 1	+$23,031
Distance to beach	this home 3.76 km · comparable 4.35 km	+$11,640
Net adjustment		+$14,685

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

31 Roundelay Drive

Sold 30 July 2026 · 0.45 km away

Sold for

$1,380,000

Adjusted to this home

$1,395,765

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Street	this home 0.0563 · comparable -0.023	+$87,547
Bedrooms	this home 3 · comparable 4	−$78,652
Car spaces	this home 4 · comparable 2	+$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 122 m² · comparable 151.3 m²	−$51,896
Pool	this home 1 · comparable 0	+$26,449
Micro-location	this home 0.0452 · comparable 0.0311	+$15,566
Land size	this home 495 m² · comparable 420 m²	+$12,480
Distance to beach	this home 3.76 km · comparable 3.59 km	−$4,222
Year built	this home 1993 · comparable 1994	−$3,507
Net adjustment		+$15,765

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

8 Cumberland Drive

Sold 3 June 2026 · 0.31 km away

Sold for

$1,415,000

Adjusted to this home

$1,334,602

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Floor area	this home 122 m² · comparable 167.88 m²	−$81,262
Car spaces	this home 4 · comparable 2	+$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Land size	this home 495 m² · comparable 703 m²	−$34,611
Pool	this home 1 · comparable 0	+$26,449
Distance to beach	this home 3.76 km · comparable 3.55 km	−$5,349
Year built	this home 1993 · comparable 1992	+$3,507
Micro-location	this home 0.0452 · comparable 0.0462	−$1,132
Net adjustment		−$80,398

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

28 Pristine Court

Sold 8 October 2026 · 0.64 km away

Sold for

$1,170,000

Adjusted to this home

$1,225,579

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Street	this home 0.0563 · comparable -0.0146	+$66,362
Car spaces	this home 4 · comparable 2	+$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 122 m² · comparable 141.71 m²	−$34,910
Land size	this home 495 m² · comparable 414 m²	+$13,478
Micro-location	this home 0.0452 · comparable 0.0342	+$10,296
Year built	this home 1993 · comparable 1995	−$7,014
Distance to beach	this home 3.76 km · comparable 3.54 km	−$4,633
Net adjustment		+$55,579

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

6 Pristine Court

Sold 30 June 2026 · 0.51 km away

Sold for

$1,220,000

Adjusted to this home

$1,326,788

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Street	this home 0.0563 · comparable -0.0146	+$69,198
Car spaces	this home 4 · comparable 2	+$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Floor area	this home 122 m² · comparable 143.96 m²	−$38,895
Micro-location	this home 0.0452 · comparable 0.0126	+$31,818
Pool	this home 1 · comparable 0	+$26,449
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 3.76 km · comparable 3.68 km	−$1,757
Net adjustment		+$106,788

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

4 Pascali Court

Sold 5 August 2026 · 0.52 km away

Sold for

$1,150,000

Adjusted to this home

$1,274,758

What we added and subtracted to make this sale comparable to 48 Cumberland Drive
Street	this home 0.0563 · comparable -0.0364	+$85,284
Car spaces	this home 4 · comparable 2	+$64,000
Bathrooms	this home 1 · comparable 2	−$52,000
Micro-location	this home 0.0452 · comparable 0.0123	+$30,268
Land size	this home 495 m² · comparable 423 m²	+$11,981
Year built	this home 1993 · comparable 1995	−$7,014
Floor area	this home 122 m² · comparable 125.33 m²	−$5,898
Distance to beach	this home 3.76 km · comparable 3.67 km	−$1,863
Net adjustment		+$124,758

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 48 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 48 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 →

48 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

9 Gainsborough Drive

3 Dorothy Place

39 Brier Crescent

31 Roundelay Drive

8 Cumberland Drive

28 Pristine Court

6 Pristine Court

4 Pascali Court

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 48 Cumberland Drive sit?