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 · 0.27 km away

Sold for

$1,515,000

Adjusted to this home

$1,426,990

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Condition	this home 8 · comparable 9	−$90,900
Micro-location	this home 0.1112 · comparable 0.0574	+$65,206
Car spaces	this home 2 · comparable 4	−$35,856
Land size	this home 475 m² · comparable 570 m²	−$18,924
Cladding	this home 3 · comparable 4	−$14,933
Year built	this home 2002 · comparable 1999	+$8,400
Distance to beach	this home 4.18 km · comparable 3.98 km	−$4,145
Floor area	this home 154 m² · comparable 151 m²	+$3,142
Net adjustment		−$88,010

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.45 km away

Sold for

$1,570,000

Adjusted to this home

$1,597,128

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Floor area	this home 154 m² · comparable 199 m²	−$47,124
Micro-location	this home 0.1112 · comparable 0.0807	+$38,308
Cladding	this home 3 · comparable 1	+$29,866
Land size	this home 475 m² · comparable 331 m²	+$28,685
Year built	this home 2002 · comparable 2010	−$22,400
Distance to beach	this home 4.18 km · comparable 4.17 km	−$207
Net adjustment		+$27,128

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

21 Cumberland Drive

Sold 4 December 2025 · 0.62 km away

Sold for

$1,450,000

Adjusted to this home

$1,502,260

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Condition	this home 8 · comparable 9	−$87,000
Micro-location	this home 0.1112 · comparable 0.0427	+$79,460
Bedrooms	this home 4 · comparable 3	+$46,189
Year built	this home 2002 · comparable 1992	+$28,000
Distance to beach	this home 4.18 km · comparable 3.64 km	−$12,841
Floor area	this home 154 m² · comparable 157 m²	−$3,142
Land size	this home 475 m² · comparable 467 m²	+$1,594
Net adjustment		+$52,260

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.67 km away

Sold for

$1,400,000

Adjusted to this home

$1,583,384

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Micro-location	this home 0.1112 · comparable 0.0223	+$99,568
Bedrooms	this home 4 · comparable 3	+$46,189
Year built	this home 2002 · comparable 1995	+$19,600
Land size	this home 475 m² · comparable 405 m²	+$13,944
Floor area	this home 154 m² · comparable 145 m²	+$9,425
Distance to beach	this home 4.18 km · comparable 3.92 km	−$5,342
Net adjustment		+$183,384

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

16 South Bay Drive

Sold 9 July 2026 · 0.52 km away

Sold for

$1,250,000

Adjusted to this home

$1,351,493

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Water views	this home 0 · comparable 1	−$89,612
Pool	this home 1 · comparable 0	+$88,392
Micro-location	this home 0.1112 · comparable 0.0436	+$67,600
Land size	this home 475 m² · comparable 188 m²	+$57,170
Bedrooms	this home 4 · comparable 3	+$46,189
Storeys	this home 1 · comparable 2	−$40,000
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 2002 · comparable 2009	−$19,600
Cladding	this home 3 · comparable 2	+$14,933
Floor area	this home 154 m² · comparable 156 m²	−$2,094
Distance to beach	this home 4.18 km · comparable 4.09 km	−$1,485
Net adjustment		+$101,493

A further 6 factors were compared and found the same on both properties, so no money moved.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.26 km away

Sold for

$1,590,000

Adjusted to this home

$1,363,717

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Condition	this home 8 · comparable 9	−$95,400
Floor area	this home 154 m² · comparable 241.24 m²	−$91,358
Pool	this home 1 · comparable 0	+$88,392
Micro-location	this home 0.1112 · comparable 0.15	−$49,354
Bedrooms	this home 4 · comparable 5	−$46,189
Storeys	this home 1 · comparable 2	−$40,000
Distance to beach	this home 4.18 km · comparable 4.43 km	+$5,247
Land size	this home 475 m² · comparable 449 m²	+$5,179
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		−$226,283

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

56 Southlake Drive

Sold 21 July 2026 · 0.42 km away

Sold for

$1,660,000

Adjusted to this home

$1,655,426

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Condition	this home 8 · comparable 9	−$99,600
Micro-location	this home 0.1112 · comparable 0.0447	+$88,312
Year built	this home 2002 · comparable 1993	+$25,200
Floor area	this home 154 m² · comparable 133 m²	+$21,991
Air conditioning	this home 0 · comparable 1	−$20,000
Car spaces	this home 2 · comparable 3	−$17,928
Distance to beach	this home 4.18 km · comparable 3.76 km	−$11,115
Land size	this home 475 m² · comparable 432 m²	+$8,566
Net adjustment		−$4,574

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

13 Kodiak Drive

Sold 24 August 2026 · 0.72 km away

Sold for

$1,820,000

Adjusted to this home

$1,508,937

What we added and subtracted to make this sale comparable to 51 Bridgewater Drive
Condition	this home 8 · comparable 9	−$109,200
Bathrooms	this home 2 · comparable 3	−$52,000
Floor area	this home 154 m² · comparable 202.99 m²	−$51,302
Storeys	this home 1 · comparable 2	−$40,000
Land size	this home 475 m² · comparable 640 m²	−$32,868
Micro-location	this home 0.1112 · comparable 0.1255	−$20,821
Car spaces	this home 2 · comparable 3	−$17,928
Distance to beach	this home 4.18 km · comparable 4.84 km	+$15,856
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		−$311,063

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 51 Bridgewater 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 51 Bridgewater 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

14 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 →

51 Bridgewater Drive

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

22 Elizabeth Crescent

21 Cumberland Drive

9 Gainsborough Drive

16 South Bay Drive

13 Saint Paul Crescent

56 Southlake Drive

13 Kodiak Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 51 Bridgewater Drive sit?