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.

3 Massachusetts Court

Sold 22 July 2026 · 0.27 km away

Sold for

$1,400,000

Adjusted to this home

$1,383,546

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Bedrooms	this home 3 · comparable 4	−$125,522
Floor area	this home 150 m² · comparable 120.1 m²	+$72,574
Street	this home 0.0909 · comparable 0.0616	+$32,816
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0495 · comparable 0.0574	−$8,848
Distance to beach	this home 3.26 km · comparable 3.1 km	−$4,032
Year built	this home 1994 · comparable 1996	−$2,122
Land size	this home 407 m² · comparable 410 m²	−$1,320
Net adjustment		−$16,454

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

8 Cumberland Drive

Sold 3 June 2026 · 0.59 km away

Sold for

$1,415,000

Adjusted to this home

$1,370,838

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Land size	this home 407 m² · comparable 703 m²	−$130,240
Pool	this home 1 · comparable 0	+$57,065
Floor area	this home 150 m² · comparable 167.88 m²	−$43,398
Street	this home 0.0909 · comparable 0.0563	+$39,167
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.26 km · comparable 3.55 km	+$7,386
Micro-location	this home 0.0495 · comparable 0.0462	+$3,736
Year built	this home 1994 · comparable 1992	+$2,122
Net adjustment		−$44,162

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

16 Stanford Avenue

Sold 25 September 2026 · 0.36 km away

Sold for

$1,185,000

Adjusted to this home

$1,208,164

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Pool	this home 1 · comparable 0	+$57,065
Micro-location	this home 0.0495 · comparable 0.0704	−$19,813
Distance to beach	this home 3.26 km · comparable 2.9 km	−$7,678
Land size	this home 407 m² · comparable 420 m²	−$5,720
Year built	this home 1994 · comparable 1996	−$2,122
Floor area	this home 150 m² · comparable 149.41 m²	+$1,432
Net adjustment		+$23,164

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

28 Pristine Court

Sold 8 October 2026 · 0.39 km away

Sold for

$1,170,000

Adjusted to this home

$1,324,947

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Street	this home 0.0909 · comparable -0.0146	+$98,748
Floor area	this home 150 m² · comparable 141.71 m²	+$20,122
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0495 · comparable 0.0342	+$14,321
Distance to beach	this home 3.26 km · comparable 3.54 km	+$5,897
Land size	this home 407 m² · comparable 414 m²	−$3,080
Year built	this home 1994 · comparable 1995	−$1,061
Net adjustment		+$154,947

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

3 Dorothy Place

Sold 27 March 2026 · 0.59 km away

Sold for

$1,300,000

Adjusted to this home

$1,381,716

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Floor area	this home 150 m² · comparable 129.58 m²	+$49,563
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.26 km · comparable 3.81 km	+$12,870
Micro-location	this home 0.0495 · comparable 0.0479	+$1,664
Land size	this home 407 m² · comparable 410 m²	−$1,320
Year built	this home 1994 · comparable 1995	−$1,061
Net adjustment		+$81,716

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

16 Dartmouth Court

Sold 9 December 2025 · 0.19 km away

Sold for

$1,300,000

Adjusted to this home

$1,352,967

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Bedrooms	this home 3 · comparable 4	−$125,522
Street	this home 0.0909 · comparable -0.0087	+$103,584
Pool	this home 1 · comparable 0	+$57,065
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0495 · comparable 0.0576	−$8,424
Floor area	this home 150 m² · comparable 147.57 m²	+$5,898
Year built	this home 1994 · comparable 1997	−$3,182
Land size	this home 407 m² · comparable 400 m²	+$3,080
Distance to beach	this home 3.26 km · comparable 3.28 km	+$468
Net adjustment		+$52,967

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

31 Roundelay Drive

Sold 30 July 2026 · 0.35 km away

Sold for

$1,380,000

Adjusted to this home

$1,476,926

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Street	this home 0.0909 · comparable -0.023	+$125,746
Bedrooms	this home 3 · comparable 4	−$125,522
Pool	this home 1 · comparable 0	+$57,065
Micro-location	this home 0.0495 · comparable 0.0311	+$20,314
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 3.26 km · comparable 3.59 km	+$8,198
Land size	this home 407 m² · comparable 420 m²	−$5,720
Floor area	this home 150 m² · comparable 151.3 m²	−$3,155
Net adjustment		+$96,926

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

4 Pascali Court

Sold 5 August 2026 · 0.45 km away

Sold for

$1,150,000

Adjusted to this home

$1,363,761

What we added and subtracted to make this sale comparable to 5 Seafoam Close
Street	this home 0.0909 · comparable -0.0364	+$108,092
Floor area	this home 150 m² · comparable 125.33 m²	+$55,266
Micro-location	this home 0.0495 · comparable 0.0123	+$31,587
Cladding	this home 3 · comparable 2	+$18,459
Distance to beach	this home 3.26 km · comparable 3.67 km	+$7,834
Land size	this home 407 m² · comparable 423 m²	−$6,498
Year built	this home 1994 · comparable 1995	−$979
Net adjustment		+$213,761

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 Seafoam Close 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 Seafoam Close 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 Seafoam Close

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

8 Cumberland Drive

16 Stanford Avenue

28 Pristine Court

3 Dorothy Place

16 Dartmouth Court

31 Roundelay Drive

4 Pascali Court

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