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 · 0.41 km away

Sold for

$1,515,000

Adjusted to this home

$1,472,069

What we added and subtracted to make this sale comparable to 7 Babu Street
Bathrooms	this home 4 · comparable 2	+$104,000
Bedrooms	this home 3 · comparable 4	−$67,913
Land size	this home 418 m² · comparable 570 m²	−$26,995
Floor area	this home 137 m² · comparable 151 m²	−$24,965
Cladding	this home 3 · comparable 4	−$20,000
Micro-location	this home 0.0519 · comparable 0.0574	−$6,666
Distance to beach	this home 4.2 km · comparable 3.98 km	−$4,545
Year built	this home 2000 · comparable 1999	+$4,153
Net adjustment		−$42,931

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

5 Pristine Court

Sold 21 November 2025 · 0.91 km away

Sold for

$1,490,000

Adjusted to this home

$1,506,738

What we added and subtracted to make this sale comparable to 7 Babu Street
Floor area	this home 137 m² · comparable 225 m²	−$156,922
Bathrooms	this home 4 · comparable 2	+$104,000
Bedrooms	this home 3 · comparable 4	−$67,913
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.0519 · comparable 0.0136	+$45,654
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2000 · comparable 1996	+$16,611
Distance to beach	this home 4.2 km · comparable 3.71 km	−$11,711
Land size	this home 418 m² · comparable 401 m²	+$3,019
Net adjustment		+$16,738

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

20 Daryl Drive

Sold 29 October 2025 · 0.20 km away

Sold for

$1,570,000

Adjusted to this home

$1,557,976

What we added and subtracted to make this sale comparable to 7 Babu Street
Floor area	this home 137 m² · comparable 201.88 m²	−$115,694
Bathrooms	this home 4 · comparable 2	+$104,000
Bedrooms	this home 3 · comparable 4	−$67,913
Car spaces	this home 4 · comparable 2	+$64,000
Land size	this home 418 m² · comparable 586 m²	−$29,837
Micro-location	this home 0.0519 · comparable 0.0291	+$28,637
Year built	this home 2000 · comparable 1998	+$8,306
Distance to beach	this home 4.2 km · comparable 4.03 km	−$3,523
Net adjustment		−$12,024

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

39 Brier Crescent

Sold 16 May 2026 · 0.33 km away

Sold for

$1,302,000

Adjusted to this home

$1,469,661

What we added and subtracted to make this sale comparable to 7 Babu Street
Bathrooms	this home 4 · comparable 2	+$104,000
Pool	this home 1 · comparable 0	+$64,000
Year built	this home 2000 · comparable 2013	−$53,986
Land size	this home 418 m² · comparable 708 m²	−$51,504
Cladding	this home 3 · comparable 1	+$40,000
Micro-location	this home 0.0519 · comparable 0.0157	+$37,706
Car spaces	this home 4 · comparable 3	+$32,000
Floor area	this home 137 m² · comparable 141 m²	−$7,133
Distance to beach	this home 4.2 km · comparable 4.35 km	+$2,578
Net adjustment		+$167,661

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.29 km away

Sold for

$1,400,000

Adjusted to this home

$1,604,247

What we added and subtracted to make this sale comparable to 7 Babu Street
Bathrooms	this home 4 · comparable 2	+$104,000
Car spaces	this home 4 · comparable 2	+$64,000
Micro-location	this home 0.0519 · comparable 0.0223	+$33,152
Year built	this home 2000 · comparable 1995	+$20,764
Floor area	this home 137 m² · comparable 145 m²	−$14,266
Distance to beach	this home 4.2 km · comparable 3.92 km	−$5,712
Land size	this home 418 m² · comparable 405 m²	+$2,309
Net adjustment		+$204,247

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

31 Roundelay Drive

Sold 30 July 2026 · 0.94 km away

Sold for

$1,380,000

Adjusted to this home

$1,572,285

What we added and subtracted to make this sale comparable to 7 Babu Street
Bathrooms	this home 4 · comparable 2	+$104,000
Bedrooms	this home 3 · comparable 4	−$67,913
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 137 m² · comparable 151.3 m²	−$25,500
Year built	this home 2000 · comparable 1994	+$24,917
Micro-location	this home 0.0519 · comparable 0.0311	+$22,963
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.2 km · comparable 3.59 km	−$13,827
Land size	this home 418 m² · comparable 420 m²	−$355
Net adjustment		+$192,285

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

8 Cumberland Drive

Sold 3 June 2026 · 0.66 km away

Sold for

$1,415,000

Adjusted to this home

$1,585,796

What we added and subtracted to make this sale comparable to 7 Babu Street
Bathrooms	this home 4 · comparable 2	+$104,000
Car spaces	this home 4 · comparable 2	+$64,000
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 137 m² · comparable 167.88 m²	−$55,066
Land size	this home 418 m² · comparable 703 m²	−$50,616
Year built	this home 2000 · comparable 1992	+$33,222
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 4.2 km · comparable 3.55 km	−$15,197
Micro-location	this home 0.0519 · comparable 0.0462	+$6,453
Net adjustment		+$170,796

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

3 Dorothy Place

Sold 27 March 2026 · 0.56 km away

Sold for

$1,300,000

Adjusted to this home

$1,519,698

What we added and subtracted to make this sale comparable to 7 Babu Street
Bathrooms	this home 4 · comparable 2	+$104,000
Car spaces	this home 4 · comparable 2	+$64,000
Year built	this home 2000 · comparable 1995	+$20,764
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 137 m² · comparable 129.58 m²	+$13,231
Distance to beach	this home 4.2 km · comparable 3.81 km	−$7,878
Micro-location	this home 0.0519 · comparable 0.0479	+$4,160
Land size	this home 418 m² · comparable 410 m²	+$1,421
Net adjustment		+$219,698

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 7 Babu Street 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 7 Babu Street 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 →

7 Babu Street

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

5 Pristine Court

20 Daryl Drive

39 Brier Crescent

9 Gainsborough Drive

31 Roundelay Drive

8 Cumberland Drive

3 Dorothy Place

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 7 Babu Street sit?