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.

6 Massachusetts Court

Sold 17 August 2026 · 0.70 km away

Sold for

$1,800,000

Adjusted to this home

$1,646,366

What we added and subtracted to make this sale comparable to 59 Southlake Drive
Water views	this home 0 · comparable 1	−$242,542
Condition	this home 8 · comparable 6	+$144,000
Pool	this home 1 · comparable 0	+$90,716
Bedrooms	this home 3 · comparable 4	−$48,900
Land size	this home 584 m² · comparable 691 m²	−$47,080
Floor area	this home 274 m² · comparable 255 m²	+$39,322
Micro-location	this home 0.038 · comparable 0.0585	−$29,520
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.66 km · comparable 3.05 km	−$19,764
Street	this home 0.0515 · comparable 0.0616	−$14,544
Year built	this home 1993 · comparable 1995	−$5,322
Net adjustment		−$153,634

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

15 Southlake Drive

Sold 9 September 2026 · 0.25 km away

Sold for

$1,430,000

Adjusted to this home

$1,554,476

What we added and subtracted to make this sale comparable to 59 Southlake Drive
Floor area	this home 274 m² · comparable 141 m²	+$275,257
Water views	this home 0 · comparable 1	−$242,542
Pool	this home 1 · comparable 0	+$90,716
Condition	this home 8 · comparable 7	+$57,200
Bedrooms	this home 3 · comparable 4	−$48,900
Distance to beach	this home 3.66 km · comparable 3.52 km	−$3,603
Land size	this home 584 m² · comparable 591 m²	−$3,080
Micro-location	this home 0.038 · comparable 0.0385	−$572
Net adjustment		+$124,476

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

288 Christine Avenue

Sold 13 August 2026 · 0.50 km away

Sold for

$1,420,000

Adjusted to this home

$1,569,181

What we added and subtracted to make this sale comparable to 59 Southlake Drive
Floor area	this home 274 m² · comparable 153.5 m²	+$249,387
Water views	this home 0 · comparable 1	−$242,542
Condition	this home 8 · comparable 6	+$113,600
Pool	this home 1 · comparable 0	+$90,716
Land size	this home 584 m² · comparable 729 m²	−$63,800
Cladding	this home 3 · comparable 2	+$30,866
Micro-location	this home 0.038 · comparable 0.0586	−$23,402
Distance to beach	this home 3.66 km · comparable 3.17 km	−$12,525
Street	this home 0.0515 · comparable 0.0431	+$9,542
Year built	this home 1993 · comparable 1994	−$2,661
Net adjustment		+$149,181

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

21 Washington Court

Sold 17 June 2026 · 0.66 km away

Sold for

$2,050,000

Adjusted to this home

$1,689,618

What we added and subtracted to make this sale comparable to 59 Southlake Drive
Water views	this home 0 · comparable 1	−$242,542
Street	this home 0.0515 · comparable 0.15	−$161,540
Floor area	this home 274 m² · comparable 212.39 m²	+$127,508
Condition	this home 8 · comparable 7	+$82,000
Storeys	this home 1 · comparable 2	−$48,946
Bedrooms	this home 3 · comparable 4	−$48,900
Micro-location	this home 0.038 · comparable 0.0526	−$23,944
Land size	this home 584 m² · comparable 629 m²	−$19,800
Distance to beach	this home 3.66 km · comparable 3.22 km	−$16,236
Year built	this home 1993 · comparable 1996	−$7,982
Net adjustment		−$360,382

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

28 Seafoam Close

Sold 27 October 2025 · 0.25 km away

Sold for

$1,545,000

Adjusted to this home

$1,684,445

What we added and subtracted to make this sale comparable to 59 Southlake Drive
Floor area	this home 274 m² · comparable 167 m²	+$221,447
Pool	this home 1 · comparable 0	+$90,716
Land size	this home 584 m² · comparable 734 m²	−$66,000
Bedrooms	this home 3 · comparable 4	−$48,900
Street	this home 0.0515 · comparable 0.0909	−$48,698
Distance to beach	this home 3.66 km · comparable 3.41 km	−$6,953
Year built	this home 1993 · comparable 1994	−$2,661
Micro-location	this home 0.038 · comparable 0.0376	+$494
Net adjustment		+$139,445

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

34 Seafoam Close

Sold 13 October 2025 · 0.23 km away

Sold for

$1,450,000

Adjusted to this home

$1,688,318

What we added and subtracted to make this sale comparable to 59 Southlake Drive
Floor area	this home 274 m² · comparable 169 m²	+$217,308
Pool	this home 1 · comparable 0	+$90,716
Street	this home 0.0515 · comparable 0.0909	−$45,704
Land size	this home 584 m² · comparable 624 m²	−$17,600
Distance to beach	this home 3.66 km · comparable 3.45 km	−$5,481
Year built	this home 1993 · comparable 1994	−$2,661
Micro-location	this home 0.038 · comparable 0.0365	+$1,740
Net adjustment		+$238,318

A further 11 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 59 Southlake 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 59 Southlake 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

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 →

59 Southlake Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 6 sales behind that range — and every adjustment

6 Massachusetts Court

15 Southlake Drive

288 Christine Avenue

21 Washington Court

28 Seafoam Close

34 Seafoam Close

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 59 Southlake Drive sit?