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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.62 km away

Sold for

$1,400,000

Adjusted to this home

$1,533,149

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Micro-location	this home 0.1085 · comparable 0.0223	+$96,544
Condition	this home 7 · comparable 8	−$56,000
Bedrooms	this home 4 · comparable 3	+$46,189
Floor area	this home 167 m² · comparable 145 m²	+$23,038
Year built	this home 2002 · comparable 1995	+$19,600
Land size	this home 448 m² · comparable 405 m²	+$8,566
Distance to beach	this home 4.15 km · comparable 3.92 km	−$4,788
Net adjustment		+$133,149

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.50 km away

Sold for

$1,570,000

Adjusted to this home

$1,539,793

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Condition	this home 7 · comparable 8	−$62,800
Micro-location	this home 0.1085 · comparable 0.0807	+$34,917
Floor area	this home 167 m² · comparable 199 m²	−$33,510
Cladding	this home 3 · comparable 1	+$29,866
Land size	this home 448 m² · comparable 331 m²	+$23,306
Year built	this home 2002 · comparable 2010	−$22,400
Distance to beach	this home 4.15 km · comparable 4.17 km	+$414
Net adjustment		−$30,207

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

5 Pristine Court

Sold 21 November 2025 · 0.53 km away

Sold for

$1,490,000

Adjusted to this home

$1,513,150

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Micro-location	this home 0.1085 · comparable 0.0136	+$113,121
Floor area	this home 167 m² · comparable 225 m²	−$60,738
Condition	this home 7 · comparable 8	−$59,600
Year built	this home 2002 · comparable 1996	+$16,800
Cladding	this home 3 · comparable 2	+$14,933
Distance to beach	this home 4.15 km · comparable 3.71 km	−$10,728
Land size	this home 448 m² · comparable 401 m²	+$9,362
Net adjustment		+$23,150

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

21 Cumberland Drive

Sold 4 December 2025 · 0.58 km away

Sold for

$1,450,000

Adjusted to this home

$1,449,937

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Condition	this home 7 · comparable 9	−$145,000
Micro-location	this home 0.1085 · comparable 0.0427	+$76,328
Bedrooms	this home 4 · comparable 3	+$46,189
Year built	this home 2002 · comparable 1992	+$28,000
Distance to beach	this home 4.15 km · comparable 3.64 km	−$12,267
Floor area	this home 167 m² · comparable 157 m²	+$10,472
Land size	this home 448 m² · comparable 467 m²	−$3,785
Net adjustment		−$63

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

11 Grenada Court

Sold 12 June 2026 · 0.63 km away

Sold for

$1,350,000

Adjusted to this home

$1,509,994

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Pool	this home 1 · comparable 0	+$88,392
Condition	this home 7 · comparable 8	−$54,000
Floor area	this home 167 m² · comparable 118.7 m²	+$50,580
Bedrooms	this home 4 · comparable 3	+$46,189
Land size	this home 448 m² · comparable 295 m²	+$30,478
Micro-location	this home 0.1085 · comparable 0.1321	−$25,488
Cladding	this home 3 · comparable 2	+$14,933
Distance to beach	this home 4.15 km · comparable 4.65 km	+$8,910
Net adjustment		+$159,994

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

31 Roundelay Drive

Sold 30 July 2026 · 0.61 km away

Sold for

$1,380,000

Adjusted to this home

$1,545,077

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Pool	this home 1 · comparable 0	+$88,392
Micro-location	this home 0.1085 · comparable 0.0311	+$85,450
Condition	this home 7 · comparable 8	−$55,200
Year built	this home 2002 · comparable 1994	+$22,400
Floor area	this home 167 m² · comparable 151.3 m²	+$16,441
Cladding	this home 3 · comparable 2	+$14,933
Distance to beach	this home 4.15 km · comparable 3.59 km	−$12,917
Land size	this home 448 m² · comparable 420 m²	+$5,578
Net adjustment		+$165,077

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

4 Barbie Avenue

Sold 5 August 2026 · 0.23 km away

Sold for

$1,515,000

Adjusted to this home

$1,371,952

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Condition	this home 7 · comparable 9	−$151,500
Micro-location	this home 0.1085 · comparable 0.0574	+$61,933
Car spaces	this home 2 · comparable 4	−$35,856
Land size	this home 448 m² · comparable 570 m²	−$24,302
Floor area	this home 167 m² · comparable 151 m²	+$16,755
Cladding	this home 3 · comparable 4	−$14,933
Year built	this home 2002 · comparable 1999	+$8,400
Distance to beach	this home 4.15 km · comparable 3.98 km	−$3,545
Net adjustment		−$143,048

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

56 Southlake Drive

Sold 21 July 2026 · 0.39 km away

Sold for

$1,660,000

Adjusted to this home

$1,594,332

What we added and subtracted to make this sale comparable to 54 Bridgewater Drive
Condition	this home 7 · comparable 9	−$166,000
Micro-location	this home 0.1085 · comparable 0.0447	+$84,726
Floor area	this home 167 m² · comparable 133 m²	+$35,605
Year built	this home 2002 · comparable 1993	+$25,200
Air conditioning	this home 0 · comparable 1	−$20,000
Car spaces	this home 2 · comparable 3	−$17,928
Distance to beach	this home 4.15 km · comparable 3.76 km	−$10,458
Land size	this home 448 m² · comparable 432 m²	+$3,187
Net adjustment		−$65,668

A further 9 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 54 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 54 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

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 →

54 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

9 Gainsborough Drive

22 Elizabeth Crescent

5 Pristine Court

21 Cumberland Drive

11 Grenada Court

31 Roundelay Drive

4 Barbie Avenue

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 54 Bridgewater Drive sit?