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.

21 Cumberland Drive

Sold 4 December 2025 · 0.77 km away

Sold for

$1,450,000

Adjusted to this home

$1,442,425

What we added and subtracted to make this sale comparable to 5 Marks Drive
Bedrooms	this home 4 · comparable 3	+$129,164
Condition	this home 8 · comparable 9	−$87,000
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 188 m² · comparable 157 m²	+$60,363
Year built	this home 2007 · comparable 1992	+$44,256
Micro-location	this home 0.0132 · comparable 0.0427	−$34,220
Street	this home 0.0303 · comparable 0.0563	−$30,160
Land size	this home 374 m² · comparable 467 m²	−$14,285
Distance to beach	this home 4.12 km · comparable 3.64 km	−$11,693
Net adjustment		−$7,575

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

5 Pristine Court

Sold 21 November 2025 · 1.17 km away

Sold for

$1,490,000

Adjusted to this home

$1,434,341

What we added and subtracted to make this sale comparable to 5 Marks Drive
Floor area	this home 188 m² · comparable 225 m²	−$72,046
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0303 · comparable -0.0146	+$53,521
Year built	this home 2007 · comparable 1996	+$32,454
Distance to beach	this home 4.12 km · comparable 3.71 km	−$10,138
Cladding	this home 3 · comparable 2	+$9,174
Land size	this home 374 m² · comparable 401 m²	−$4,147
Micro-location	this home 0.0132 · comparable 0.0136	−$477
Net adjustment		−$55,659

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.37 km away

Sold for

$1,400,000

Adjusted to this home

$1,555,815

What we added and subtracted to make this sale comparable to 5 Marks Drive
Bedrooms	this home 4 · comparable 3	+$129,164
Floor area	this home 188 m² · comparable 145 m²	+$83,730
Pool	this home 0 · comparable 1	−$64,000
Year built	this home 2007 · comparable 1995	+$35,405
Micro-location	this home 0.0132 · comparable 0.0223	−$10,192
Street	this home 0.0303 · comparable 0.0386	−$9,296
Land size	this home 374 m² · comparable 405 m²	−$4,762
Distance to beach	this home 4.12 km · comparable 3.92 km	−$4,234
Net adjustment		+$155,815

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

15 Comore Drive

Sold 16 January 2026 · 0.86 km away

Sold for

$1,350,000

Adjusted to this home

$1,363,615

What we added and subtracted to make this sale comparable to 5 Marks Drive
Condition	this home 8 · comparable 6	+$108,000
Micro-location	this home 0.0132 · comparable 0.0738	−$65,448
Street	this home 0.0303 · comparable 0.0785	−$52,056
Year built	this home 2007 · comparable 2002	+$14,752
Cladding	this home 3 · comparable 2	+$9,174
Floor area	this home 188 m² · comparable 184 m²	+$7,789
Land size	this home 374 m² · comparable 423 m²	−$7,526
Distance to beach	this home 4.12 km · comparable 4.06 km	−$1,070
Net adjustment		+$13,615

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

31 Roundelay Drive

Sold 30 July 2026 · 1.18 km away

Sold for

$1,380,000

Adjusted to this home

$1,518,636

What we added and subtracted to make this sale comparable to 5 Marks Drive
Floor area	this home 188 m² · comparable 151.3 m²	+$71,462
Street	this home 0.0303 · comparable -0.023	+$58,843
Year built	this home 2007 · comparable 1994	+$38,355
Micro-location	this home 0.0132 · comparable 0.0311	−$19,762
Distance to beach	this home 4.12 km · comparable 3.59 km	−$12,370
Cladding	this home 3 · comparable 2	+$9,174
Land size	this home 374 m² · comparable 420 m²	−$7,066
Net adjustment		+$138,636

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

39 Brier Crescent

Sold 16 May 2026 · 0.23 km away

Sold for

$1,302,000

Adjusted to this home

$1,475,890

What we added and subtracted to make this sale comparable to 5 Marks Drive
Bedrooms	this home 4 · comparable 3	+$129,164
Floor area	this home 188 m² · comparable 141 m²	+$91,518
Street	this home 0.0303 · comparable -0.0225	+$54,997
Car spaces	this home 2 · comparable 3	−$52,481
Land size	this home 374 m² · comparable 708 m²	−$51,302
Cladding	this home 3 · comparable 1	+$18,347
Year built	this home 2007 · comparable 2013	−$17,702
Distance to beach	this home 4.12 km · comparable 4.35 km	+$3,953
Micro-location	this home 0.0132 · comparable 0.0157	−$2,604
Net adjustment		+$173,890

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

5 Palma Crescent

Sold 27 March 2026 · 1.18 km away

Sold for

$1,395,000

Adjusted to this home

$1,339,661

What we added and subtracted to make this sale comparable to 5 Marks Drive
Micro-location	this home 0.0132 · comparable 0.0871	−$82,472
Floor area	this home 188 m² · comparable 172.46 m²	+$30,259
Water views	this home 0 · comparable 1	−$25,946
Distance to beach	this home 4.12 km · comparable 5.1 km	+$18,046
Year built	this home 2007 · comparable 2003	+$11,802
Street	this home 0.0303 · comparable 0.0399	−$10,714
Land size	this home 374 m² · comparable 350 m²	+$3,686
Net adjustment		−$55,339

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

56 Southlake Drive

Sold 21 July 2026 · 0.86 km away

Sold for

$1,660,000

Adjusted to this home

$1,483,625

What we added and subtracted to make this sale comparable to 5 Marks Drive
Floor area	this home 188 m² · comparable 133 m²	+$107,096
Condition	this home 8 · comparable 9	−$99,600
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 2 · comparable 3	−$52,481
Micro-location	this home 0.0132 · comparable 0.0447	−$41,832
Year built	this home 2007 · comparable 1993	+$41,306
Street	this home 0.0303 · comparable 0.0515	−$28,154
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.12 km · comparable 3.76 km	−$9,801
Land size	this home 374 m² · comparable 432 m²	−$8,909
Net adjustment		−$176,375

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 Marks 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 Marks 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 Marks Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

21 Cumberland Drive

5 Pristine Court

9 Gainsborough Drive

15 Comore Drive

31 Roundelay Drive

39 Brier Crescent

5 Palma Crescent

56 Southlake Drive

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