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.

31 Roundelay Drive

Sold 30 July 2026 · 0.35 km away

Sold for

$1,380,000

Adjusted to this home

$1,348,988

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Bedrooms	this home 3 · comparable 4	−$78,933
Land size	this home 575 m² · comparable 420 m²	+$32,240
Pool	this home 1 · comparable 0	+$28,671
Floor area	this home 137 m² · comparable 151.3 m²	−$23,521
Micro-location	this home 0.0448 · comparable 0.0311	+$15,125
Distance to beach	this home 3.77 km · comparable 3.59 km	−$4,471
Year built	this home 1993 · comparable 1994	−$123
Net adjustment		−$31,012

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

3 Massachusetts Court

Sold 22 July 2026 · 0.80 km away

Sold for

$1,400,000

Adjusted to this home

$1,351,818

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Bedrooms	this home 3 · comparable 4	−$78,933
Land size	this home 575 m² · comparable 410 m²	+$34,320
Floor area	this home 137 m² · comparable 120.1 m²	+$27,797
Distance to beach	this home 3.77 km · comparable 3.1 km	−$16,884
Micro-location	this home 0.0448 · comparable 0.0574	−$14,112
Year built	this home 1993 · comparable 1996	−$370
Net adjustment		−$48,182

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

28 Pristine Court

Sold 8 October 2026 · 0.53 km away

Sold for

$1,170,000

Adjusted to this home

$1,200,573

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Land size	this home 575 m² · comparable 414 m²	+$33,488
Micro-location	this home 0.0448 · comparable 0.0342	+$9,922
Floor area	this home 137 m² · comparable 141.71 m²	−$7,747
Distance to beach	this home 3.77 km · comparable 3.54 km	−$4,844
Year built	this home 1993 · comparable 1995	−$246
Net adjustment		+$30,573

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

6 Pristine Court

Sold 30 June 2026 · 0.39 km away

Sold for

$1,220,000

Adjusted to this home

$1,297,543

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Micro-location	this home 0.0448 · comparable 0.0126	+$31,427
Land size	this home 575 m² · comparable 426 m²	+$30,992
Pool	this home 1 · comparable 0	+$28,671
Floor area	this home 137 m² · comparable 143.96 m²	−$11,448
Distance to beach	this home 3.77 km · comparable 3.68 km	−$1,976
Year built	this home 1993 · comparable 1994	−$123
Net adjustment		+$77,543

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.50 km away

Sold for

$1,400,000

Adjusted to this home

$1,427,582

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Land size	this home 575 m² · comparable 405 m²	+$35,360
Micro-location	this home 0.0448 · comparable 0.0223	+$25,200
Cladding	this home 2 · comparable 3	−$23,354
Floor area	this home 137 m² · comparable 145 m²	−$13,158
Distance to beach	this home 3.77 km · comparable 3.92 km	+$3,780
Year built	this home 1993 · comparable 1995	−$246
Net adjustment		+$27,582

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

3 Dorothy Place

Sold 27 March 2026 · 0.04 km away

Sold for

$1,300,000

Adjusted to this home

$1,343,991

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Land size	this home 575 m² · comparable 410 m²	+$34,320
Floor area	this home 137 m² · comparable 129.58 m²	+$12,205
Micro-location	this home 0.0448 · comparable 0.0479	−$3,224
Distance to beach	this home 3.77 km · comparable 3.81 km	+$936
Year built	this home 1993 · comparable 1995	−$246
Net adjustment		+$43,991

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

8 Cumberland Drive

Sold 3 June 2026 · 0.42 km away

Sold for

$1,415,000

Adjusted to this home

$1,359,191

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Floor area	this home 137 m² · comparable 167.88 m²	−$50,791
Pool	this home 1 · comparable 0	+$28,671
Land size	this home 575 m² · comparable 703 m²	−$26,624
Distance to beach	this home 3.77 km · comparable 3.55 km	−$5,603
Micro-location	this home 0.0448 · comparable 0.0462	−$1,585
Year built	this home 1993 · comparable 1992	+$123
Net adjustment		−$55,809

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

4 Pascali Court

Sold 5 August 2026 · 0.40 km away

Sold for

$1,150,000

Adjusted to this home

$1,228,395

What we added and subtracted to make this sale comparable to 5 Dorothy Place
Land size	this home 575 m² · comparable 423 m²	+$31,616
Micro-location	this home 0.0448 · comparable 0.0123	+$29,900
Floor area	this home 137 m² · comparable 125.33 m²	+$19,195
Distance to beach	this home 3.77 km · comparable 3.67 km	−$2,070
Year built	this home 1993 · comparable 1995	−$246
Net adjustment		+$78,395

A further 11 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 Dorothy Place 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 Dorothy Place 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 Dorothy Place

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

31 Roundelay Drive

3 Massachusetts Court

28 Pristine Court

6 Pristine Court

9 Gainsborough Drive

3 Dorothy Place

8 Cumberland Drive

4 Pascali Court

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