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 · 0.02 km away

Sold for

$1,400,000

Adjusted to this home

$1,309,806

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 8	−$56,000
Floor area	this home 156 m² · comparable 145 m²	+$21,490
Land size	this home 461 m² · comparable 405 m²	+$7,616
Micro-location	this home 0.0227 · comparable 0.0223	+$448
Distance to beach	this home 3.91 km · comparable 3.92 km	+$252
Net adjustment		−$90,194

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

28 Pristine Court

Sold 8 October 2026 · 1.00 km away

Sold for

$1,170,000

Adjusted to this home

$1,193,470

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0386 · comparable -0.0146	+$49,795
Floor area	this home 156 m² · comparable 141.71 m²	+$27,917
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.0227 · comparable 0.0342	−$10,764
Distance to beach	this home 3.91 km · comparable 3.54 km	−$7,792
Land size	this home 461 m² · comparable 414 m²	+$6,392
Net adjustment		+$23,470

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

31 Roundelay Drive

Sold 30 July 2026 · 0.81 km away

Sold for

$1,380,000

Adjusted to this home

$1,284,402

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Bedrooms	this home 3 · comparable 4	−$130,722
Street	this home 0.0386 · comparable -0.023	+$68,006
Condition	this home 7 · comparable 8	−$55,200
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.0227 · comparable 0.0311	−$9,274
Floor area	this home 156 m² · comparable 151.3 m²	+$9,182
Distance to beach	this home 3.91 km · comparable 3.59 km	−$7,949
Land size	this home 461 m² · comparable 420 m²	+$5,576
Year built	this home 1995 · comparable 1994	+$2,861
Net adjustment		−$95,598

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

39 Brier Crescent

Sold 16 May 2026 · 0.56 km away

Sold for

$1,302,000

Adjusted to this home

$1,260,777

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Street	this home 0.0386 · comparable -0.0225	+$63,642
Car spaces	this home 2 · comparable 3	−$56,264
Condition	this home 7 · comparable 8	−$52,080
Year built	this home 1995 · comparable 2013	−$51,494
Cladding	this home 3 · comparable 1	+$43,845
Land size	this home 461 m² · comparable 708 m²	−$33,592
Floor area	this home 156 m² · comparable 141 m²	+$29,304
Distance to beach	this home 3.91 km · comparable 4.35 km	+$8,125
Micro-location	this home 0.0227 · comparable 0.0157	+$7,291
Net adjustment		−$41,223

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

8 Cumberland Drive

Sold 3 June 2026 · 0.38 km away

Sold for

$1,415,000

Adjusted to this home

$1,333,574

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Land size	this home 461 m² · comparable 703 m²	−$32,912
Micro-location	this home 0.0227 · comparable 0.0462	−$26,602
Floor area	this home 156 m² · comparable 167.88 m²	−$23,209
Cladding	this home 3 · comparable 2	+$21,922
Street	this home 0.0386 · comparable 0.0563	−$20,037
Distance to beach	this home 3.91 km · comparable 3.55 km	−$9,170
Year built	this home 1995 · comparable 1992	+$8,582
Net adjustment		−$81,426

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

3 Dorothy Place

Sold 27 March 2026 · 0.46 km away

Sold for

$1,300,000

Adjusted to this home

$1,339,924

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 7 · comparable 6	+$52,000
Floor area	this home 156 m² · comparable 129.58 m²	+$51,614
Micro-location	this home 0.0227 · comparable 0.0479	−$26,208
Cladding	this home 3 · comparable 2	+$21,922
Land size	this home 461 m² · comparable 410 m²	+$6,936
Distance to beach	this home 3.91 km · comparable 3.81 km	−$2,340
Net adjustment		+$39,924

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

4 Pascali Court

Sold 5 August 2026 · 0.88 km away

Sold for

$1,150,000

Adjusted to this home

$1,292,607

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Street	this home 0.0386 · comparable -0.0364	+$69,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 156 m² · comparable 125.33 m²	+$59,917
Condition	this home 7 · comparable 6	+$46,000
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.0227 · comparable 0.0123	+$9,568
Land size	this home 461 m² · comparable 423 m²	+$5,168
Distance to beach	this home 3.91 km · comparable 3.67 km	−$4,968
Net adjustment		+$142,607

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

6 Pristine Court

Sold 30 June 2026 · 0.86 km away

Sold for

$1,220,000

Adjusted to this home

$1,329,796

What we added and subtracted to make this sale comparable to 5 Gainsborough Drive
Street	this home 0.0386 · comparable -0.0146	+$51,923
Floor area	this home 156 m² · comparable 143.96 m²	+$23,522
Cladding	this home 3 · comparable 2	+$21,922
Micro-location	this home 0.0227 · comparable 0.0126	+$9,858
Distance to beach	this home 3.91 km · comparable 3.68 km	−$5,050
Land size	this home 461 m² · comparable 426 m²	+$4,760
Year built	this home 1995 · comparable 1994	+$2,861
Net adjustment		+$109,796

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 Gainsborough 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 Gainsborough 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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

18 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 Gainsborough 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

28 Pristine Court

31 Roundelay Drive

39 Brier Crescent

8 Cumberland Drive

3 Dorothy Place

4 Pascali Court

6 Pristine Court

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