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.

18 Massachusetts Court

Sold 9 July 2026 · 0.71 km away

Sold for

$1,450,000

Adjusted to this home

$1,439,384

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Micro-location	this home 0.0465 · comparable 0.0654	−$21,924
Land size	this home 952 m² · comparable 630 m²	+$20,608
Floor area	this home 144 m² · comparable 137 m²	+$14,403
Distance to beach	this home 3.48 km · comparable 3.09 km	−$10,179
Year built	this home 1992 · comparable 1997	−$7,376
Street	this home 0.0563 · comparable 0.0616	−$6,148
Net adjustment		−$10,616

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

21 Cumberland Drive

Sold 4 December 2025 · 0.22 km away

Sold for

$1,450,000

Adjusted to this home

$1,450,957

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Condition	this home 8 · comparable 9	−$87,000
Bedrooms	this home 4 · comparable 3	+$75,082
Land size	this home 952 m² · comparable 467 m²	+$31,040
Floor area	this home 144 m² · comparable 157 m²	−$26,749
Micro-location	this home 0.0465 · comparable 0.0427	+$4,408
Distance to beach	this home 3.48 km · comparable 3.64 km	+$4,176
Net adjustment		+$957

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

77 Southlake Drive

Sold 20 November 2025 · 0.52 km away

Sold for

$1,505,000

Adjusted to this home

$1,457,925

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Water views	this home 0 · comparable 1	−$207,633
Condition	this home 8 · comparable 9	−$90,300
Bedrooms	this home 4 · comparable 3	+$75,082
Floor area	this home 144 m² · comparable 113.49 m²	+$62,778
Car spaces	this home 2 · comparable 1	+$32,000
Land size	this home 952 m² · comparable 600 m²	+$22,528
Cladding	this home 3 · comparable 2	+$20,000
Pool	this home 1 · comparable 0	+$15,685
Micro-location	this home 0.0465 · comparable 0.0379	+$10,354
Distance to beach	this home 3.48 km · comparable 3.78 km	+$8,127
Street	this home 0.0563 · comparable 0.0515	+$5,779
Year built	this home 1992 · comparable 1993	−$1,475
Net adjustment		−$47,075

A further 6 factors were compared and found the same on both properties, so no money moved.

3 Massachusetts Court

Sold 22 July 2026 · 0.81 km away

Sold for

$1,400,000

Adjusted to this home

$1,526,244

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Condition	this home 8 · comparable 7	+$56,000
Floor area	this home 144 m² · comparable 120.1 m²	+$49,177
Land size	this home 952 m² · comparable 410 m²	+$34,688
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0465 · comparable 0.0574	−$12,208
Distance to beach	this home 3.48 km · comparable 3.1 km	−$9,576
Street	this home 0.0563 · comparable 0.0616	−$5,936
Year built	this home 1992 · comparable 1996	−$5,901
Net adjustment		+$126,244

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.46 km away

Sold for

$1,400,000

Adjusted to this home

$1,561,622

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Bedrooms	this home 4 · comparable 3	+$75,082
Land size	this home 952 m² · comparable 405 m²	+$35,008
Micro-location	this home 0.0465 · comparable 0.0223	+$27,104
Street	this home 0.0563 · comparable 0.0386	+$19,824
Distance to beach	this home 3.48 km · comparable 3.92 km	+$11,088
Year built	this home 1992 · comparable 1995	−$4,426
Floor area	this home 144 m² · comparable 145 m²	−$2,058
Net adjustment		+$161,622

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

8 Cumberland Drive

Sold 3 June 2026 · 0.07 km away

Sold for

$1,415,000

Adjusted to this home

$1,551,290

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Bedrooms	this home 4 · comparable 3	+$75,082
Condition	this home 8 · comparable 7	+$56,600
Floor area	this home 144 m² · comparable 167.88 m²	−$49,135
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 952 m² · comparable 703 m²	+$15,936
Pool	this home 1 · comparable 0	+$15,685
Distance to beach	this home 3.48 km · comparable 3.55 km	+$1,783
Micro-location	this home 0.0465 · comparable 0.0462	+$339
Net adjustment		+$136,290

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

31 Roundelay Drive

Sold 30 July 2026 · 0.62 km away

Sold for

$1,380,000

Adjusted to this home

$1,539,044

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Street	this home 0.0563 · comparable -0.023	+$87,547
Land size	this home 952 m² · comparable 420 m²	+$34,048
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0465 · comparable 0.0311	+$17,002
Pool	this home 1 · comparable 0	+$15,685
Floor area	this home 144 m² · comparable 151.3 m²	−$15,021
Year built	this home 1992 · comparable 1994	−$2,950
Distance to beach	this home 3.48 km · comparable 3.59 km	+$2,733
Net adjustment		+$159,044

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

56 Southlake Drive

Sold 21 July 2026 · 0.45 km away

Sold for

$1,660,000

Adjusted to this home

$1,579,969

What we added and subtracted to make this sale comparable to 5 Cumberland Drive
Condition	this home 8 · comparable 9	−$99,600
Land size	this home 952 m² · comparable 432 m²	+$33,280
Car spaces	this home 2 · comparable 3	−$32,000
Floor area	this home 144 m² · comparable 133 m²	+$22,634
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.48 km · comparable 3.76 km	+$8,366
Street	this home 0.0563 · comparable 0.0515	+$6,374
Micro-location	this home 0.0465 · comparable 0.0447	+$2,390
Year built	this home 1992 · comparable 1993	−$1,475
Net adjustment		−$80,031

A further 9 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 5 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 5 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

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 →

5 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

18 Massachusetts Court

21 Cumberland Drive

77 Southlake Drive

3 Massachusetts Court

9 Gainsborough Drive

8 Cumberland Drive

31 Roundelay Drive

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 5 Cumberland Drive sit?