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.

28 Pristine Court

Sold 8 October 2026 · 0.63 km away

Sold for

$1,170,000

Adjusted to this home

$1,212,688

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Street	this home 0.0563 · comparable -0.0146	+$66,362
Floor area	this home 105 m² · comparable 141.71 m²	−$62,319
Cladding	this home 3 · comparable 2	+$20,314
Land size	this home 511 m² · comparable 414 m²	+$17,770
Micro-location	this home 0.048 · comparable 0.0342	+$12,917
Year built	this home 1993 · comparable 1995	−$7,091
Distance to beach	this home 3.79 km · comparable 3.54 km	−$5,265
Net adjustment		+$42,688

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.41 km away

Sold for

$1,400,000

Adjusted to this home

$1,340,308

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Floor area	this home 105 m² · comparable 145 m²	−$67,904
Condition	this home 7 · comparable 8	−$56,000
Micro-location	this home 0.048 · comparable 0.0223	+$28,784
Street	this home 0.0563 · comparable 0.0386	+$19,824
Land size	this home 511 m² · comparable 405 m²	+$19,419
Year built	this home 1993 · comparable 1995	−$7,091
Distance to beach	this home 3.79 km · comparable 3.92 km	+$3,276
Net adjustment		−$59,692

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

31 Roundelay Drive

Sold 30 July 2026 · 0.44 km away

Sold for

$1,380,000

Adjusted to this home

$1,321,668

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Street	this home 0.0563 · comparable -0.023	+$87,547
Bedrooms	this home 3 · comparable 4	−$81,966
Floor area	this home 105 m² · comparable 151.3 m²	−$78,599
Condition	this home 7 · comparable 8	−$55,200
Pool	this home 1 · comparable 0	+$22,757
Cladding	this home 3 · comparable 2	+$20,314
Micro-location	this home 0.048 · comparable 0.0311	+$18,658
Land size	this home 511 m² · comparable 420 m²	+$16,671
Distance to beach	this home 3.79 km · comparable 3.59 km	−$4,968
Year built	this home 1993 · comparable 1994	−$3,546
Net adjustment		−$58,332

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

6 Pristine Court

Sold 30 June 2026 · 0.48 km away

Sold for

$1,220,000

Adjusted to this home

$1,310,291

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Street	this home 0.0563 · comparable -0.0146	+$69,198
Floor area	this home 105 m² · comparable 143.96 m²	−$66,138
Micro-location	this home 0.048 · comparable 0.0126	+$34,550
Pool	this home 1 · comparable 0	+$22,757
Cladding	this home 3 · comparable 2	+$20,314
Land size	this home 511 m² · comparable 426 m²	+$15,572
Year built	this home 1993 · comparable 1994	−$3,546
Distance to beach	this home 3.79 km · comparable 3.68 km	−$2,416
Net adjustment		+$90,291

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

39 Brier Crescent

Sold 16 May 2026 · 0.84 km away

Sold for

$1,302,000

Adjusted to this home

$1,239,849

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Street	this home 0.0563 · comparable -0.0225	+$82,078
Year built	this home 1993 · comparable 2013	−$70,912
Floor area	this home 105 m² · comparable 141 m²	−$61,114
Condition	this home 7 · comparable 8	−$52,080
Cladding	this home 3 · comparable 1	+$40,629
Land size	this home 511 m² · comparable 708 m²	−$36,090
Micro-location	this home 0.048 · comparable 0.0157	+$33,644
Car spaces	this home 2 · comparable 3	−$32,000
Pool	this home 1 · comparable 0	+$22,757
Distance to beach	this home 3.79 km · comparable 4.35 km	+$10,937
Net adjustment		−$62,151

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

8 Cumberland Drive

Sold 3 June 2026 · 0.35 km away

Sold for

$1,415,000

Adjusted to this home

$1,315,623

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Floor area	this home 105 m² · comparable 167.88 m²	−$106,745
Land size	this home 511 m² · comparable 703 m²	−$35,174
Pool	this home 1 · comparable 0	+$22,757
Cladding	this home 3 · comparable 2	+$20,314
Distance to beach	this home 3.79 km · comparable 3.55 km	−$6,113
Year built	this home 1993 · comparable 1992	+$3,546
Micro-location	this home 0.048 · comparable 0.0462	+$2,038
Net adjustment		−$99,377

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

3 Dorothy Place

Sold 27 March 2026 · 0.09 km away

Sold for

$1,300,000

Adjusted to this home

$1,342,571

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Condition	this home 7 · comparable 6	+$52,000
Floor area	this home 105 m² · comparable 129.58 m²	−$41,727
Cladding	this home 3 · comparable 2	+$20,314
Land size	this home 511 m² · comparable 410 m²	+$18,503
Year built	this home 1993 · comparable 1995	−$7,091
Distance to beach	this home 3.79 km · comparable 3.81 km	+$468
Micro-location	this home 0.048 · comparable 0.0479	+$104
Net adjustment		+$42,571

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

4 Pascali Court

Sold 5 August 2026 · 0.50 km away

Sold for

$1,150,000

Adjusted to this home

$1,306,477

What we added and subtracted to make this sale comparable to 54 Cumberland Drive
Street	this home 0.0563 · comparable -0.0364	+$85,284
Condition	this home 7 · comparable 6	+$46,000
Floor area	this home 105 m² · comparable 125.33 m²	−$34,512
Micro-location	this home 0.048 · comparable 0.0123	+$32,844
Cladding	this home 3 · comparable 2	+$20,314
Land size	this home 511 m² · comparable 423 m²	+$16,122
Year built	this home 1993 · comparable 1995	−$7,091
Distance to beach	this home 3.79 km · comparable 3.67 km	−$2,484
Net adjustment		+$156,477

A further 10 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 Cumberland 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 Cumberland 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 Cumberland Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

28 Pristine Court

9 Gainsborough Drive

31 Roundelay Drive

6 Pristine Court

39 Brier Crescent

8 Cumberland Drive

3 Dorothy Place

4 Pascali Court

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