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 · 0.24 km away

Sold for

$1,515,000

Adjusted to this home

$1,526,289

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Floor area	this home 293 m² · comparable 151 m²	+$152,224
Condition	this home 7 · comparable 9	−$151,500
Pool	this home 0 · comparable 1	−$82,617
Micro-location	this home 0.1255 · comparable 0.0574	+$82,537
Bathrooms	this home 3 · comparable 2	+$52,000
Car spaces	this home 2 · comparable 4	−$40,016
Year built	this home 2005 · comparable 1999	+$16,800
Cladding	this home 3 · comparable 4	−$10,180
Distance to beach	this home 4.19 km · comparable 3.98 km	−$4,345
Land size	this home 552 m² · comparable 570 m²	−$3,614
Net adjustment		+$11,289

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

20 Daryl Drive

Sold 29 October 2025 · 0.61 km away

Sold for

$1,570,000

Adjusted to this home

$1,610,599

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Condition	this home 7 · comparable 9	−$157,000
Micro-location	this home 0.1255 · comparable 0.0291	+$121,078
Floor area	this home 293 m² · comparable 201.88 m²	+$97,681
Pool	this home 0 · comparable 1	−$82,617
Bathrooms	this home 3 · comparable 2	+$52,000
Year built	this home 2005 · comparable 1998	+$19,600
Land size	this home 552 m² · comparable 586 m²	−$6,827
Distance to beach	this home 4.19 km · comparable 4.03 km	−$3,316
Net adjustment		+$40,599

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

13 Saint Paul Crescent

Sold 31 August 2026 · 0.25 km away

Sold for

$1,590,000

Adjusted to this home

$1,446,043

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Condition	this home 7 · comparable 9	−$159,000
Floor area	this home 293 m² · comparable 241.24 m²	+$55,486
Bedrooms	this home 4 · comparable 5	−$52,598
Bathrooms	this home 3 · comparable 2	+$52,000
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.1255 · comparable 0.15	−$31,164
Land size	this home 552 m² · comparable 449 m²	+$20,682
Year built	this home 2005 · comparable 2003	+$5,600
Distance to beach	this home 4.19 km · comparable 4.43 km	+$5,037
Net adjustment		−$143,957

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

40 Gerona Circuit

Sold 26 May 2026 · 0.84 km away

Sold for

$1,410,000

Adjusted to this home

$1,578,893

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Floor area	this home 293 m² · comparable 188 m²	+$112,560
Pool	this home 0 · comparable 1	−$82,617
Bathrooms	this home 3 · comparable 2	+$52,000
Micro-location	this home 0.1255 · comparable 0.0943	+$35,194
Land size	this home 552 m² · comparable 400 m²	+$30,522
Distance to beach	this home 4.19 km · comparable 5.03 km	+$15,634
Year built	this home 2005 · comparable 2003	+$5,600
Net adjustment		+$168,893

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

28 Meridien Avenue

Sold 19 February 2026 · 0.48 km away

Sold for

$1,820,000

Adjusted to this home

$1,662,211

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Pool	this home 0 · comparable 1	−$82,617
Condition	this home 7 · comparable 8	−$72,800
Bathrooms	this home 3 · comparable 2	+$52,000
Car spaces	this home 2 · comparable 4	−$40,016
Micro-location	this home 0.1255 · comparable 0.15	−$35,672
Land size	this home 552 m² · comparable 400 m²	+$30,522
Floor area	this home 293 m² · comparable 311 m²	−$19,296
Distance to beach	this home 4.19 km · comparable 4.61 km	+$10,090
Net adjustment		−$157,789

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

22 Elizabeth Crescent

Sold 16 February 2026 · 0.52 km away

Sold for

$1,570,000

Adjusted to this home

$1,683,943

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Floor area	this home 293 m² · comparable 199 m²	+$100,768
Pool	this home 0 · comparable 1	−$82,617
Condition	this home 7 · comparable 8	−$62,800
Micro-location	this home 0.1255 · comparable 0.0807	+$56,269
Bathrooms	this home 3 · comparable 2	+$52,000
Land size	this home 552 m² · comparable 331 m²	+$44,377
Cladding	this home 3 · comparable 1	+$20,360
Year built	this home 2005 · comparable 2010	−$14,000
Distance to beach	this home 4.19 km · comparable 4.17 km	−$414
Net adjustment		+$113,943

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

13 Kodiak Drive

Sold 24 August 2026 · 0.73 km away

Sold for

$1,820,000

Adjusted to this home

$1,595,410

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Condition	this home 7 · comparable 9	−$182,000
Floor area	this home 293 m² · comparable 202.99 m²	+$96,490
Pool	this home 0 · comparable 1	−$82,617
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$20,008
Land size	this home 552 m² · comparable 640 m²	−$17,670
Distance to beach	this home 4.19 km · comparable 4.84 km	+$15,615
Year built	this home 2005 · comparable 2003	+$5,600
Net adjustment		−$224,590

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

56 Southlake Drive

Sold 21 July 2026 · 0.43 km away

Sold for

$1,660,000

Adjusted to this home

$1,748,559

What we added and subtracted to make this sale comparable to 56 Bridgewater Drive
Floor area	this home 293 m² · comparable 133 m²	+$171,520
Condition	this home 7 · comparable 9	−$166,000
Micro-location	this home 0.1255 · comparable 0.0447	+$107,302
Pool	this home 0 · comparable 1	−$82,617
Bathrooms	this home 3 · comparable 2	+$52,000
Year built	this home 2005 · comparable 1993	+$33,600
Land size	this home 552 m² · comparable 432 m²	+$24,096
Car spaces	this home 2 · comparable 3	−$20,008
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.19 km · comparable 3.76 km	−$11,334
Net adjustment		+$88,559

A further 7 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 56 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 56 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

19 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 →

56 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

20 Daryl Drive

13 Saint Paul Crescent

40 Gerona Circuit

28 Meridien Avenue

22 Elizabeth Crescent

13 Kodiak Drive

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 56 Bridgewater Drive sit?