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 · 0.81 km away

Sold for

$1,515,000

Adjusted to this home

$1,430,022

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Car spaces	this home 2 · comparable 4	−$64,000
Floor area	this home 121 m² · comparable 151 m²	−$56,616
Year built	this home 1990 · comparable 1999	−$45,374
Land size	this home 668 m² · comparable 570 m²	+$43,120
Bathrooms	this home 3 · comparable 2	+$36,170
Distance to beach	this home 3.3 km · comparable 3.98 km	+$18,543
Micro-location	this home 0.0458 · comparable 0.0574	−$14,059
Cladding	this home 3 · comparable 4	−$2,762
Net adjustment		−$84,978

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

8 Cumberland Drive

Sold 3 June 2026 · 0.28 km away

Sold for

$1,415,000

Adjusted to this home

$1,521,231

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Condition	this home 9 · comparable 7	+$141,500
Floor area	this home 121 m² · comparable 167.88 m²	−$88,472
Bedrooms	this home 4 · comparable 3	+$64,034
Street	this home 0.016 · comparable 0.0563	−$45,619
Bathrooms	this home 3 · comparable 2	+$36,170
Pool	this home 1 · comparable 0	+$15,425
Land size	this home 668 m² · comparable 703 m²	−$15,400
Year built	this home 1990 · comparable 1992	−$10,083
Distance to beach	this home 3.3 km · comparable 3.55 km	+$6,367
Cladding	this home 3 · comparable 2	+$2,762
Micro-location	this home 0.0458 · comparable 0.0462	−$453
Net adjustment		+$106,231

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

77 Southlake Drive

Sold 20 November 2025 · 0.74 km away

Sold for

$1,505,000

Adjusted to this home

$1,457,022

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Water views	this home 0 · comparable 1	−$207,110
Bedrooms	this home 4 · comparable 3	+$64,034
Street	this home 0.016 · comparable 0.0515	−$42,742
Bathrooms	this home 3 · comparable 2	+$36,170
Car spaces	this home 2 · comparable 1	+$32,000
Land size	this home 668 m² · comparable 600 m²	+$29,920
Pool	this home 1 · comparable 0	+$15,425
Year built	this home 1990 · comparable 1993	−$15,125
Floor area	this home 121 m² · comparable 113.49 m²	+$14,173
Distance to beach	this home 3.3 km · comparable 3.78 km	+$13,003
Micro-location	this home 0.0458 · comparable 0.0379	+$9,512
Cladding	this home 3 · comparable 2	+$2,762
Net adjustment		−$47,978

A further 6 factors were compared and found the same on both properties, so no money moved.

18 Massachusetts Court

Sold 9 July 2026 · 0.75 km away

Sold for

$1,450,000

Adjusted to this home

$1,356,291

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Street	this home 0.016 · comparable 0.0616	−$52,896
Bathrooms	this home 3 · comparable 2	+$36,170
Year built	this home 1990 · comparable 1997	−$35,291
Floor area	this home 121 m² · comparable 137 m²	−$30,195
Micro-location	this home 0.0458 · comparable 0.0654	−$22,736
Land size	this home 668 m² · comparable 630 m²	+$16,720
Distance to beach	this home 3.3 km · comparable 3.09 km	−$5,481
Net adjustment		−$93,709

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

16 Stanford Avenue

Sold 25 September 2026 · 0.66 km away

Sold for

$1,185,000

Adjusted to this home

$1,412,531

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Condition	this home 9 · comparable 7	+$118,500
Land size	this home 668 m² · comparable 420 m²	+$109,120
Bedrooms	this home 4 · comparable 3	+$64,034
Floor area	this home 121 m² · comparable 149.41 m²	−$53,615
Bathrooms	this home 3 · comparable 2	+$36,170
Year built	this home 1990 · comparable 1996	−$30,250
Micro-location	this home 0.0458 · comparable 0.0704	−$23,321
Pool	this home 1 · comparable 0	+$15,425
Distance to beach	this home 3.3 km · comparable 2.9 km	−$8,532
Net adjustment		+$227,531

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

6 Pristine Court

Sold 30 June 2026 · 0.90 km away

Sold for

$1,220,000

Adjusted to this home

$1,451,989

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Land size	this home 668 m² · comparable 426 m²	+$106,480
Bedrooms	this home 4 · comparable 3	+$64,034
Floor area	this home 121 m² · comparable 143.96 m²	−$43,330
Bathrooms	this home 3 · comparable 2	+$36,170
Micro-location	this home 0.0458 · comparable 0.0126	+$32,403
Street	this home 0.016 · comparable -0.0146	+$29,866
Year built	this home 1990 · comparable 1994	−$20,166
Pool	this home 1 · comparable 0	+$15,425
Distance to beach	this home 3.3 km · comparable 3.68 km	+$8,345
Cladding	this home 3 · comparable 2	+$2,762
Net adjustment		+$231,989

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

28 Pristine Court

Sold 8 October 2026 · 0.94 km away

Sold for

$1,170,000

Adjusted to this home

$1,420,450

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Condition	this home 9 · comparable 7	+$93,922
Land size	this home 668 m² · comparable 414 m²	+$89,716
Bedrooms	this home 4 · comparable 3	+$51,404
Floor area	this home 121 m² · comparable 141.71 m²	−$31,375
Bathrooms	this home 3 · comparable 2	+$29,035
Street	this home 0.016 · comparable -0.0146	+$22,992
Year built	this home 1990 · comparable 1995	−$20,236
Micro-location	this home 0.0458 · comparable 0.0342	+$8,716
Distance to beach	this home 3.3 km · comparable 3.54 km	+$4,058
Cladding	this home 3 · comparable 2	+$2,218
Net adjustment		+$250,450

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

56 Southlake Drive

Sold 21 July 2026 · 0.68 km away

Sold for

$1,660,000

Adjusted to this home

$1,678,301

What we added and subtracted to make this sale comparable to 7 Lakeridge Drive
Land size	this home 668 m² · comparable 432 m²	+$103,840
Street	this home 0.016 · comparable 0.0515	−$47,144
Bathrooms	this home 3 · comparable 2	+$36,170
Car spaces	this home 2 · comparable 3	−$32,000
Floor area	this home 121 m² · comparable 133 m²	−$22,646
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 1990 · comparable 1993	−$15,125
Distance to beach	this home 3.3 km · comparable 3.76 km	+$13,745
Micro-location	this home 0.0458 · comparable 0.0447	+$1,461
Net adjustment		+$18,301

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 Lakeridge 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 7 Lakeridge 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

16 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 Lakeridge 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

8 Cumberland Drive

77 Southlake Drive

18 Massachusetts Court

16 Stanford Avenue

6 Pristine Court

28 Pristine Court

56 Southlake Drive

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