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.

4 Barbie Avenue

Sold 5 August 2026 · 0.23 km away

Sold for

$1,515,000

Adjusted to this home

$1,438,202

What we added and subtracted to make this sale comparable to 5 Randwick Court
Floor area	this home 231 m² · comparable 151 m²	+$118,912
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 2 · comparable 4	−$46,989
Micro-location	this home 0.0388 · comparable 0.0574	−$22,543
Distance to beach	this home 3.84 km · comparable 3.98 km	+$3,818
Year built	this home 1998 · comparable 1999	−$3,460
Land size	this home 600 m² · comparable 570 m²	+$1,464
Net adjustment		−$76,798

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

20 Daryl Drive

Sold 29 October 2025 · 0.33 km away

Sold for

$1,570,000

Adjusted to this home

$1,532,244

What we added and subtracted to make this sale comparable to 5 Randwick Court
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 231 m² · comparable 201.88 m²	+$43,284
Cladding	this home 2 · comparable 3	−$23,494
Micro-location	this home 0.0388 · comparable 0.0291	+$12,183
Street	this home 0.0612 · comparable 0.0704	−$11,555
Distance to beach	this home 3.84 km · comparable 4.03 km	+$5,143
Land size	this home 600 m² · comparable 586 m²	+$683
Net adjustment		−$37,756

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.26 km away

Sold for

$1,400,000

Adjusted to this home

$1,593,606

What we added and subtracted to make this sale comparable to 5 Randwick Court
Floor area	this home 231 m² · comparable 145 m²	+$127,830
Bedrooms	this home 4 · comparable 3	+$87,566
Pool	this home 0 · comparable 1	−$64,000
Street	this home 0.0612 · comparable 0.0386	+$25,312
Cladding	this home 2 · comparable 3	−$23,494
Micro-location	this home 0.0388 · comparable 0.0223	+$18,480
Year built	this home 1998 · comparable 1995	+$10,380
Land size	this home 600 m² · comparable 405 m²	+$9,516
Distance to beach	this home 3.84 km · comparable 3.92 km	+$2,016
Net adjustment		+$193,606

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

1 Thornleigh Crescent

Sold 24 March 2026 · 0.14 km away

Sold for

$1,715,000

Adjusted to this home

$1,681,834

What we added and subtracted to make this sale comparable to 5 Randwick Court
Floor area	this home 231 m² · comparable 188 m²	+$63,915
Street	this home 0.0612 · comparable 0.1043	−$59,133
Car spaces	this home 2 · comparable 3	−$32,000
Year built	this home 1998 · comparable 1994	+$13,840
Micro-location	this home 0.0388 · comparable 0.0468	−$10,976
Land size	this home 600 m² · comparable 692 m²	−$4,490
Distance to beach	this home 3.84 km · comparable 3.7 km	−$4,322
Net adjustment		−$33,166

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

8 Cumberland Drive

Sold 3 June 2026 · 0.32 km away

Sold for

$1,415,000

Adjusted to this home

$1,601,906

What we added and subtracted to make this sale comparable to 5 Randwick Court
Floor area	this home 231 m² · comparable 167.88 m²	+$93,822
Bedrooms	this home 4 · comparable 3	+$87,566
Year built	this home 1998 · comparable 1992	+$20,760
Micro-location	this home 0.0388 · comparable 0.0462	−$8,377
Distance to beach	this home 3.84 km · comparable 3.55 km	−$7,386
Street	this home 0.0612 · comparable 0.0563	+$5,547
Land size	this home 600 m² · comparable 703 m²	−$5,026
Net adjustment		+$186,906

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

3 Dorothy Place

Sold 27 March 2026 · 0.23 km away

Sold for

$1,300,000

Adjusted to this home

$1,483,802

What we added and subtracted to make this sale comparable to 5 Randwick Court
Floor area	this home 231 m² · comparable 129.58 m²	+$150,750
Bedrooms	this home 4 · comparable 3	+$87,566
Pool	this home 0 · comparable 1	−$64,000
Year built	this home 1998 · comparable 1995	+$10,380
Micro-location	this home 0.0388 · comparable 0.0479	−$9,464
Land size	this home 600 m² · comparable 410 m²	+$9,272
Distance to beach	this home 3.84 km · comparable 3.81 km	−$702
Net adjustment		+$183,802

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

31 Roundelay Drive

Sold 30 July 2026 · 0.58 km away

Sold for

$1,380,000

Adjusted to this home

$1,616,338

What we added and subtracted to make this sale comparable to 5 Randwick Court
Floor area	this home 231 m² · comparable 151.3 m²	+$118,466
Street	this home 0.0612 · comparable -0.023	+$92,957
Year built	this home 1998 · comparable 1994	+$13,840
Land size	this home 600 m² · comparable 420 m²	+$8,784
Micro-location	this home 0.0388 · comparable 0.0311	+$8,501
Distance to beach	this home 3.84 km · comparable 3.59 km	−$6,210
Net adjustment		+$236,338

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

56 Southlake Drive

Sold 21 July 2026 · 0.27 km away

Sold for

$1,660,000

Adjusted to this home

$1,694,328

What we added and subtracted to make this sale comparable to 5 Randwick Court
Floor area	this home 231 m² · comparable 133 m²	+$145,667
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 2 · comparable 3	−$23,494
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 1998 · comparable 1993	+$17,300
Street	this home 0.0612 · comparable 0.0515	+$12,882
Land size	this home 600 m² · comparable 432 m²	+$8,198
Micro-location	this home 0.0388 · comparable 0.0447	−$7,835
Distance to beach	this home 3.84 km · comparable 3.76 km	−$2,390
Net adjustment		+$34,328

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 Randwick Court 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 Randwick Court 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

44 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 Randwick Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Barbie Avenue

20 Daryl Drive

9 Gainsborough Drive

1 Thornleigh Crescent

8 Cumberland Drive

3 Dorothy Place

31 Roundelay Drive

56 Southlake Drive

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