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.

8 Cumberland Drive

Sold 3 June 2026 · 0.38 km away

Sold for

$1,415,000

Adjusted to this home

$1,412,935

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Bedrooms	this home 4 · comparable 3	+$83,718
Land size	this home 495 m² · comparable 703 m²	−$47,258
Car spaces	this home 1 · comparable 2	−$32,000
Floor area	this home 151 m² · comparable 167.88 m²	−$28,629
Cladding	this home 3 · comparable 2	+$20,479
Distance to beach	this home 3.81 km · comparable 3.55 km	−$6,622
Micro-location	this home 0.0506 · comparable 0.0462	+$4,981
Year built	this home 1993 · comparable 1992	+$3,266
Net adjustment		−$2,065

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.42 km away

Sold for

$1,400,000

Adjusted to this home

$1,449,939

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Bedrooms	this home 4 · comparable 3	+$83,718
Condition	this home 7 · comparable 8	−$56,000
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0506 · comparable 0.0223	+$31,696
Pool	this home 0 · comparable 1	−$24,162
Land size	this home 495 m² · comparable 405 m²	+$20,448
Street	this home 0.0563 · comparable 0.0386	+$19,824
Floor area	this home 151 m² · comparable 145 m²	+$10,176
Year built	this home 1993 · comparable 1995	−$6,533
Distance to beach	this home 3.81 km · comparable 3.92 km	+$2,772
Net adjustment		+$49,939

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

31 Roundelay Drive

Sold 30 July 2026 · 0.43 km away

Sold for

$1,380,000

Adjusted to this home

$1,430,154

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Street	this home 0.0563 · comparable -0.023	+$87,547
Condition	this home 7 · comparable 8	−$55,200
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0506 · comparable 0.0311	+$21,528
Cladding	this home 3 · comparable 2	+$20,479
Land size	this home 495 m² · comparable 420 m²	+$17,040
Distance to beach	this home 3.81 km · comparable 3.59 km	−$5,465
Year built	this home 1993 · comparable 1994	−$3,266
Floor area	this home 151 m² · comparable 151.3 m²	−$509
Net adjustment		+$50,154

A further 9 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

$1,342,732

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Bedrooms	this home 4 · comparable 3	+$83,718
Street	this home 0.0563 · comparable -0.0225	+$82,078
Year built	this home 1993 · comparable 2013	−$65,328
Car spaces	this home 1 · comparable 3	−$64,000
Condition	this home 7 · comparable 8	−$52,080
Land size	this home 495 m² · comparable 708 m²	−$48,394
Cladding	this home 3 · comparable 1	+$40,958
Micro-location	this home 0.0506 · comparable 0.0157	+$36,352
Floor area	this home 151 m² · comparable 141 m²	+$16,960
Distance to beach	this home 3.81 km · comparable 4.35 km	+$10,468
Net adjustment		+$40,732

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

36 Roundelay Drive

Sold 23 December 2025 · 0.44 km away

Sold for

$1,352,000

Adjusted to this home

$1,368,625

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Condition	this home 7 · comparable 9	−$135,200
Street	this home 0.0563 · comparable -0.023	+$85,771
Bedrooms	this home 4 · comparable 3	+$83,718
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0506 · comparable 0.0287	+$23,687
Land size	this home 495 m² · comparable 415 m²	+$18,176
Floor area	this home 151 m² · comparable 161 m²	−$16,960
Distance to beach	this home 3.81 km · comparable 3.51 km	−$7,301
Year built	this home 1993 · comparable 1994	−$3,266
Net adjustment		+$16,625

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

28 Pristine Court

Sold 8 October 2026 · 0.62 km away

Sold for

$1,170,000

Adjusted to this home

$1,321,687

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Bedrooms	this home 4 · comparable 3	+$83,718
Street	this home 0.0563 · comparable -0.0146	+$66,362
Car spaces	this home 1 · comparable 2	−$32,000
Pool	this home 0 · comparable 1	−$24,162
Cladding	this home 3 · comparable 2	+$20,479
Land size	this home 495 m² · comparable 414 m²	+$18,403
Floor area	this home 151 m² · comparable 141.71 m²	+$15,756
Micro-location	this home 0.0506 · comparable 0.0342	+$15,350
Year built	this home 1993 · comparable 1995	−$6,533
Distance to beach	this home 3.81 km · comparable 3.54 km	−$5,686
Net adjustment		+$151,687

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

21 Altissimo Close

Sold 3 February 2026 · 0.33 km away

Sold for

$1,355,000

Adjusted to this home

$1,418,927

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Condition	this home 7 · comparable 9	−$135,500
Bedrooms	this home 4 · comparable 3	+$83,718
Floor area	this home 151 m² · comparable 114 m²	+$62,752
Street	this home 0.0563 · comparable 0.0085	+$51,815
Car spaces	this home 1 · comparable 2	−$32,000
Micro-location	this home 0.0506 · comparable 0.0315	+$20,704
Land size	this home 495 m² · comparable 413 m²	+$18,630
Year built	this home 1993 · comparable 1994	−$3,266
Distance to beach	this home 3.81 km · comparable 3.69 km	−$2,926
Net adjustment		+$63,927

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

56 Southlake Drive

Sold 21 July 2026 · 0.11 km away

Sold for

$1,660,000

Adjusted to this home

$1,443,395

What we added and subtracted to make this sale comparable to 58 Cumberland Drive
Condition	this home 7 · comparable 9	−$166,000
Car spaces	this home 1 · comparable 3	−$64,000
Floor area	this home 151 m² · comparable 133 m²	+$30,528
Pool	this home 0 · comparable 1	−$24,162
Air conditioning	this home 0 · comparable 1	−$20,000
Land size	this home 495 m² · comparable 432 m²	+$14,314
Micro-location	this home 0.0506 · comparable 0.0447	+$7,835
Street	this home 0.0563 · comparable 0.0515	+$6,374
Distance to beach	this home 3.81 km · comparable 3.76 km	−$1,494
Net adjustment		−$216,605

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 58 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 58 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)

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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 →

58 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

8 Cumberland Drive

9 Gainsborough Drive

31 Roundelay Drive

39 Brier Crescent

36 Roundelay Drive

28 Pristine Court

21 Altissimo Close

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 58 Cumberland Drive sit?