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.

17 North Shore Avenue

Sold 22 April 2026 · 0.43 km away

Sold for

$1,685,000

Adjusted to this home

$1,811,136

What we added and subtracted to make this sale comparable to 5 Glasshouse Drive
Land size	this home 640 m² · comparable 411 m²	+$117,981
Condition	this home 9 · comparable 8	+$101,100
Street	this home 0.079 · comparable 0.1355	−$76,162
Storeys	this home 1 · comparable 2	−$44,459
Cladding	this home 3 · comparable 1	+$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Bedrooms	this home 6 · comparable 5	+$25,406
Micro-location	this home 0.0327 · comparable 0.021	+$15,771
Floor area	this home 275 m² · comparable 289.47 m²	−$11,634
Distance to beach	this home 4.43 km · comparable 3.99 km	−$9,867
Net adjustment		+$126,136

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

3 Port Peyra Crescent

Sold 4 June 2026 · 1.24 km away

Sold for

$1,950,000

Adjusted to this home

$1,843,491

What we added and subtracted to make this sale comparable to 5 Glasshouse Drive
Condition	this home 9 · comparable 7	+$195,000
Micro-location	this home 0.0327 · comparable 0.1346	−$158,964
Street	this home 0.079 · comparable 0.15	−$110,760
Land size	this home 640 m² · comparable 824 m²	−$94,797
Bathrooms	this home 3 · comparable 2	+$52,317
Storeys	this home 1 · comparable 2	−$44,459
Floor area	this home 275 m² · comparable 233.19 m²	+$33,615
Bedrooms	this home 6 · comparable 5	+$25,406
Year built	this home 2001 · comparable 2004	−$9,530
Distance to beach	this home 4.43 km · comparable 4.65 km	+$5,663
Net adjustment		−$106,509

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

13 Saint Paul Crescent

Sold 31 August 2026 · 1.15 km away

Sold for

$1,590,000

Adjusted to this home

$1,675,756

What we added and subtracted to make this sale comparable to 5 Glasshouse Drive
Micro-location	this home 0.0327 · comparable 0.15	−$149,206
Land size	this home 640 m² · comparable 449 m²	+$98,403
Pool	this home 1 · comparable 0	+$82,506
Bathrooms	this home 3 · comparable 2	+$52,317
Storeys	this home 1 · comparable 2	−$44,459
Floor area	this home 275 m² · comparable 241.24 m²	+$27,143
Bedrooms	this home 6 · comparable 5	+$25,406
Year built	this home 2001 · comparable 2003	−$6,354
Net adjustment		+$85,756

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

95 Bayswater Ave

Sold 7 March 2026 · 0.74 km away

Sold for

$1,682,500

Adjusted to this home

$1,691,912

What we added and subtracted to make this sale comparable to 5 Glasshouse Drive
Micro-location	this home 0.0327 · comparable 0.116	−$112,122
Pool	this home 1 · comparable 0	+$82,506
Land size	this home 640 m² · comparable 488 m²	+$78,310
Storeys	this home 1 · comparable 2	−$44,459
Bedrooms	this home 6 · comparable 5	+$25,406
Floor area	this home 275 m² · comparable 294.19 m²	−$15,429
Year built	this home 2001 · comparable 2003	−$6,354
Distance to beach	this home 4.43 km · comparable 4.5 km	+$1,554
Net adjustment		+$9,412

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

18 Blue Ridge Crescent

Sold 12 November 2025 · 0.12 km away

Sold for

$1,775,000

Adjusted to this home

$1,877,468

What we added and subtracted to make this sale comparable to 5 Glasshouse Drive
Land size	this home 640 m² · comparable 500 m²	+$72,128
Floor area	this home 275 m² · comparable 208.22 m²	+$53,691
Storeys	this home 1 · comparable 2	−$44,459
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0327 · comparable 0.0306	+$2,982
Distance to beach	this home 4.43 km · comparable 4.35 km	−$1,874
Net adjustment		+$102,468

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

27 South Bay Drive

Sold 27 January 2026 · 0.80 km away

Sold for

$1,850,000

Adjusted to this home

$1,990,621

What we added and subtracted to make this sale comparable to 5 Glasshouse Drive
Land size	this home 640 m² · comparable 367 m²	+$140,650
Pool	this home 1 · comparable 0	+$82,506
Micro-location	this home 0.0327 · comparable 0.086	−$78,884
Floor area	this home 275 m² · comparable 214.21 m²	+$48,875
Storeys	this home 1 · comparable 2	−$44,459
Year built	this home 2001 · comparable 2010	−$28,591
Bedrooms	this home 6 · comparable 5	+$25,406
Street	this home 0.079 · comparable 0.064	+$22,200
Cladding	this home 3 · comparable 4	−$20,000
Distance to beach	this home 4.43 km · comparable 4.14 km	−$7,082
Net adjustment		+$140,621

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

17 Valetta Crescent

Sold 19 November 2025 · 1.01 km away

Sold for

$2,070,000

Adjusted to this home

$1,808,012

What we added and subtracted to make this sale comparable to 5 Glasshouse Drive
Micro-location	this home 0.0327 · comparable 0.15	−$194,249
Water views	this home 0 · comparable 1	−$181,553
Bathrooms	this home 3 · comparable 2	+$52,317
Floor area	this home 275 m² · comparable 212.36 m²	+$50,362
Land size	this home 640 m² · comparable 546 m²	+$48,429
Storeys	this home 1 · comparable 2	−$44,459
Bedrooms	this home 6 · comparable 5	+$25,406
Year built	this home 2001 · comparable 2007	−$19,061
Distance to beach	this home 4.43 km · comparable 4.46 km	+$820
Net adjustment		−$261,988

A further 8 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 Glasshouse 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 Glasshouse 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

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 Glasshouse Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 7 sales behind that range — and every adjustment

17 North Shore Avenue

3 Port Peyra Crescent

13 Saint Paul Crescent

95 Bayswater Ave

18 Blue Ridge Crescent

27 South Bay Drive

17 Valetta Crescent

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