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.

3 Massachusetts Court

Sold 22 July 2026 · 0.39 km away

Sold for

$1,400,000

Adjusted to this home

$1,512,705

What we added and subtracted to make this sale comparable to 62 Watts Drive
Floor area	this home 213 m² · comparable 120.1 m²	+$163,355
Pool	this home 0 · comparable 1	−$86,470
Condition	this home 8 · comparable 7	+$56,000
Bedrooms	this home 3 · comparable 4	−$45,365
Cladding	this home 3 · comparable 2	+$21,197
Year built	this home 2003 · comparable 1996	+$19,600
Land size	this home 324 m² · comparable 410 m²	−$17,544
Micro-location	this home 0.0658 · comparable 0.0574	+$9,408
Street	this home 0.0556 · comparable 0.0616	−$6,720
Distance to beach	this home 3.13 km · comparable 3.1 km	−$756
Net adjustment		+$112,705

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

52 Warbler Parade

Sold 15 December 2025 · 0.75 km away

Sold for

$1,425,000

Adjusted to this home

$1,436,056

What we added and subtracted to make this sale comparable to 62 Watts Drive
Land size	this home 324 m² · comparable 639 m²	−$64,260
Condition	this home 8 · comparable 7	+$57,000
Floor area	this home 213 m² · comparable 187.1 m²	+$45,542
Bedrooms	this home 3 · comparable 4	−$45,365
Street	this home 0.0556 · comparable 0.0764	−$23,712
Cladding	this home 3 · comparable 2	+$21,197
Year built	this home 2003 · comparable 1996	+$19,600
Micro-location	this home 0.0658 · comparable 0.0516	+$16,188
Distance to beach	this home 3.13 km · comparable 2.54 km	−$15,134
Net adjustment		+$11,056

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

18 Massachusetts Court

Sold 9 July 2026 · 0.51 km away

Sold for

$1,450,000

Adjusted to this home

$1,398,639

What we added and subtracted to make this sale comparable to 62 Watts Drive
Floor area	this home 213 m² · comparable 137 m²	+$133,638
Pool	this home 0 · comparable 1	−$86,470
Land size	this home 324 m² · comparable 630 m²	−$62,424
Bedrooms	this home 3 · comparable 4	−$45,365
Year built	this home 2003 · comparable 1997	+$16,800
Street	this home 0.0556 · comparable 0.0616	−$6,960
Distance to beach	this home 3.13 km · comparable 3.09 km	−$1,044
Micro-location	this home 0.0658 · comparable 0.0654	+$464
Net adjustment		−$51,361

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

14 Windemere Crescent

Sold 10 March 2026 · 0.99 km away

Sold for

$1,350,000

Adjusted to this home

$1,460,448

What we added and subtracted to make this sale comparable to 62 Watts Drive
Water views	this home 0 · comparable 1	−$170,394
Floor area	this home 213 m² · comparable 123.36 m²	+$157,623
Condition	this home 8 · comparable 7	+$54,000
Micro-location	this home 0.0658 · comparable 0.0348	+$33,480
Street	this home 0.0556 · comparable 0.0323	+$25,164
Distance to beach	this home 3.13 km · comparable 4.12 km	+$23,279
Land size	this home 324 m² · comparable 400 m²	−$15,504
Year built	this home 2003 · comparable 2002	+$2,800
Net adjustment		+$110,448

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

8 Morea Court

Sold 27 August 2026 · 0.80 km away

Sold for

$1,230,000

Adjusted to this home

$1,310,214

What we added and subtracted to make this sale comparable to 62 Watts Drive
Floor area	this home 213 m² · comparable 148.5 m²	+$113,417
Car spaces	this home 2 · comparable 4	−$64,000
Condition	this home 8 · comparable 7	+$49,200
Bedrooms	this home 3 · comparable 4	−$45,365
Micro-location	this home 0.0658 · comparable 0.0312	+$34,046
Land size	this home 324 m² · comparable 473 m²	−$30,396
Distance to beach	this home 3.13 km · comparable 3.93 km	+$17,712
Year built	this home 2003 · comparable 2001	+$5,600
Net adjustment		+$80,214

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

16 Stanford Avenue

Sold 25 September 2026 · 0.69 km away

Sold for

$1,185,000

Adjusted to this home

$1,334,966

What we added and subtracted to make this sale comparable to 62 Watts Drive
Floor area	this home 213 m² · comparable 149.41 m²	+$111,817
Condition	this home 8 · comparable 7	+$47,400
Year built	this home 2003 · comparable 1996	+$19,600
Land size	this home 324 m² · comparable 420 m²	−$19,584
Distance to beach	this home 3.13 km · comparable 2.9 km	−$4,906
Micro-location	this home 0.0658 · comparable 0.0704	−$4,361
Net adjustment		+$149,966

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

28 Pristine Court

Sold 8 October 2026 · 0.58 km away

Sold for

$1,170,000

Adjusted to this home

$1,384,842

What we added and subtracted to make this sale comparable to 62 Watts Drive
Floor area	this home 213 m² · comparable 141.71 m²	+$125,356
Pool	this home 0 · comparable 1	−$86,470
Street	this home 0.0556 · comparable -0.0146	+$65,707
Condition	this home 8 · comparable 7	+$46,800
Micro-location	this home 0.0658 · comparable 0.0342	+$29,578
Year built	this home 2003 · comparable 1995	+$22,400
Cladding	this home 3 · comparable 2	+$21,197
Land size	this home 324 m² · comparable 414 m²	−$18,360
Distance to beach	this home 3.13 km · comparable 3.54 km	+$8,634
Net adjustment		+$214,842

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

56 Southlake Drive

Sold 21 July 2026 · 1.06 km away

Sold for

$1,660,000

Adjusted to this home

$1,575,495

What we added and subtracted to make this sale comparable to 62 Watts Drive
Floor area	this home 213 m² · comparable 133 m²	+$140,672
Condition	this home 8 · comparable 9	−$99,600
Pool	this home 0 · comparable 1	−$86,470
Bedrooms	this home 3 · comparable 4	−$45,365
Car spaces	this home 2 · comparable 3	−$32,000
Micro-location	this home 0.0658 · comparable 0.0447	+$28,021
Year built	this home 2003 · comparable 1993	+$28,000
Land size	this home 324 m² · comparable 432 m²	−$22,032
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.13 km · comparable 3.76 km	+$18,824
Street	this home 0.0556 · comparable 0.0515	+$5,445
Net adjustment		−$84,505

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 62 Watts 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 62 Watts 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

14 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 →

62 Watts Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

3 Massachusetts Court

52 Warbler Parade

18 Massachusetts Court

14 Windemere Crescent

8 Morea Court

16 Stanford Avenue

28 Pristine Court

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 62 Watts Drive sit?