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.

13 Saint Paul Crescent

Sold 31 August 2026 · 0.23 km away

Sold for

$1,590,000

Adjusted to this home

$1,645,853

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Condition	this home 8 · comparable 9	−$95,400
Pool	this home 1 · comparable 0	+$82,802
Floor area	this home 304 m² · comparable 241.24 m²	+$66,023
Bathrooms	this home 3 · comparable 2	+$52,000
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.119 · comparable 0.15	−$39,432
Land size	this home 587 m² · comparable 449 m²	+$28,042
Distance to beach	this home 4.21 km · comparable 4.43 km	+$4,618
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		+$55,853

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

28 Meridien Avenue

Sold 19 February 2026 · 0.50 km away

Sold for

$1,820,000

Adjusted to this home

$1,865,962

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Bathrooms	this home 3 · comparable 2	+$52,000
Bedrooms	this home 5 · comparable 4	+$45,507
Micro-location	this home 0.119 · comparable 0.15	−$45,136
Car spaces	this home 2 · comparable 4	−$38,253
Land size	this home 587 m² · comparable 400 m²	+$37,998
Distance to beach	this home 4.21 km · comparable 4.61 km	+$9,610
Year built	this home 2002 · comparable 2005	−$8,400
Floor area	this home 304 m² · comparable 311 m²	−$7,364
Net adjustment		+$45,962

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

95 Bayswater Ave

Sold 7 March 2026 · 0.50 km away

Sold for

$1,682,500

Adjusted to this home

$1,662,468

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Condition	this home 8 · comparable 9	−$100,950
Pool	this home 1 · comparable 0	+$82,802
Storeys	this home 1 · comparable 2	−$40,000
Land size	this home 587 m² · comparable 488 m²	+$20,117
Floor area	this home 304 m² · comparable 294.19 m²	+$10,320
Distance to beach	this home 4.21 km · comparable 4.5 km	+$6,441
Micro-location	this home 0.119 · comparable 0.116	+$4,038
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		−$20,032

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

4 Barbie Avenue

Sold 5 August 2026 · 0.30 km away

Sold for

$1,515,000

Adjusted to this home

$1,713,907

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Floor area	this home 304 m² · comparable 151 m²	+$160,956
Condition	this home 8 · comparable 9	−$90,900
Micro-location	this home 0.119 · comparable 0.0574	+$74,659
Bathrooms	this home 3 · comparable 2	+$52,000
Bedrooms	this home 5 · comparable 4	+$45,507
Car spaces	this home 2 · comparable 4	−$38,253
Cladding	this home 3 · comparable 4	−$12,171
Year built	this home 2002 · comparable 1999	+$8,400
Distance to beach	this home 4.21 km · comparable 3.98 km	−$4,745
Land size	this home 587 m² · comparable 570 m²	+$3,454
Net adjustment		+$198,907

A further 7 factors were compared and found the same on both properties, so no money moved.

13 Kodiak Drive

Sold 24 August 2026 · 0.68 km away

Sold for

$1,820,000

Adjusted to this home

$1,795,544

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Condition	this home 8 · comparable 9	−$109,200
Floor area	this home 304 m² · comparable 202.99 m²	+$106,262
Bedrooms	this home 5 · comparable 4	+$45,507
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$19,126
Distance to beach	this home 4.21 km · comparable 4.84 km	+$15,135
Land size	this home 587 m² · comparable 640 m²	−$10,770
Micro-location	this home 0.119 · comparable 0.1255	−$9,464
Year built	this home 2002 · comparable 2003	−$2,800
Net adjustment		−$24,456

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

73 Azzurra Drive

Sold 10 February 2026 · 0.21 km away

Sold for

$1,730,000

Adjusted to this home

$1,729,345

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Floor area	this home 304 m² · comparable 201.57 m²	+$107,756
Condition	this home 8 · comparable 9	−$103,800
Bathrooms	this home 3 · comparable 2	+$52,000
Micro-location	this home 0.119 · comparable 0.15	−$42,904
Storeys	this home 1 · comparable 2	−$40,000
Land size	this home 587 m² · comparable 432 m²	+$31,496
Year built	this home 2002 · comparable 2005	−$8,400
Distance to beach	this home 4.21 km · comparable 4.35 km	+$3,197
Net adjustment		−$655

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

36 Meridien Avenue

Sold 3 November 2025 · 0.46 km away

Sold for

$1,775,000

Adjusted to this home

$1,754,418

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Condition	this home 8 · comparable 9	−$106,500
Floor area	this home 304 m² · comparable 228.49 m²	+$79,437
Bathrooms	this home 3 · comparable 2	+$52,000
Micro-location	this home 0.119 · comparable 0.15	−$44,020
Storeys	this home 1 · comparable 2	−$40,000
Land size	this home 587 m² · comparable 400 m²	+$37,998
Distance to beach	this home 4.21 km · comparable 4.59 km	+$8,903
Year built	this home 2002 · comparable 2005	−$8,400
Net adjustment		−$20,582

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

2 Port Peyra Crescent

Sold 15 December 2025 · 0.51 km away

Sold for

$1,936,000

Adjusted to this home

$1,784,176

What we added and subtracted to make this sale comparable to 55 Bridgewater Drive
Condition	this home 8 · comparable 9	−$116,160
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 304 m² · comparable 279.32 m²	+$25,963
Car spaces	this home 2 · comparable 3	−$19,126
Land size	this home 587 m² · comparable 657 m²	−$14,224
Year built	this home 2002 · comparable 2007	−$14,000
Distance to beach	this home 4.21 km · comparable 4.71 km	+$12,778
Cladding	this home 3 · comparable 2	+$12,171
Micro-location	this home 0.119 · comparable 0.1185	+$774
Net adjustment		−$151,824

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 55 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 55 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 →

55 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

13 Saint Paul Crescent

28 Meridien Avenue

95 Bayswater Ave

4 Barbie Avenue

13 Kodiak Drive

73 Azzurra Drive

36 Meridien Avenue

2 Port Peyra Crescent

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 55 Bridgewater Drive sit?