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 · 0.74 km away

Sold for

$1,415,000

Adjusted to this home

$1,423,592

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Land size	this home 414 m² · comparable 703 m²	−$127,160
Bedrooms	this home 4 · comparable 3	+$124,288
Floor area	this home 154 m² · comparable 167.88 m²	−$33,922
Micro-location	this home 0.0633 · comparable 0.0462	+$19,357
Year built	this home 1996 · comparable 1992	+$15,331
Distance to beach	this home 3.13 km · comparable 3.55 km	+$10,698
Net adjustment		+$8,592

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

3 Massachusetts Court

Sold 22 July 2026 · 0.12 km away

Sold for

$1,400,000

Adjusted to this home

$1,446,713

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Floor area	this home 154 m² · comparable 120.1 m²	+$82,852
Pool	this home 0 · comparable 1	−$43,751
Micro-location	this home 0.0633 · comparable 0.0574	+$6,608
Land size	this home 414 m² · comparable 410 m²	+$1,760
Distance to beach	this home 3.13 km · comparable 3.1 km	−$756
Net adjustment		+$46,713

A further 12 factors were compared and found the same on both properties, so no money moved.

31 Roundelay Drive

Sold 30 July 2026 · 0.46 km away

Sold for

$1,380,000

Adjusted to this home

$1,438,599

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Micro-location	this home 0.0633 · comparable 0.0311	+$35,549
Distance to beach	this home 3.13 km · comparable 3.59 km	+$11,426
Year built	this home 1996 · comparable 1994	+$7,666
Floor area	this home 154 m² · comparable 151.3 m²	+$6,598
Land size	this home 414 m² · comparable 420 m²	−$2,640
Net adjustment		+$58,599

A further 12 factors were compared and found the same on both properties, so no money moved.

4 Barbie Avenue

Sold 5 August 2026 · 0.93 km away

Sold for

$1,515,000

Adjusted to this home

$1,384,212

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Land size	this home 414 m² · comparable 570 m²	−$68,640
Pool	this home 0 · comparable 1	−$43,751
Car spaces	this home 2 · comparable 4	−$39,629
Distance to beach	this home 3.13 km · comparable 3.98 km	+$23,179
Year built	this home 1996 · comparable 1999	−$11,498
Floor area	this home 154 m² · comparable 151 m²	+$7,332
Micro-location	this home 0.0633 · comparable 0.0574	+$7,150
Cladding	this home 2 · comparable 4	−$4,931
Net adjustment		−$130,788

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

16 Stanford Avenue

Sold 25 September 2026 · 0.28 km away

Sold for

$1,185,000

Adjusted to this home

$1,303,763

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Bedrooms	this home 4 · comparable 3	+$124,288
Floor area	this home 154 m² · comparable 149.41 m²	+$11,218
Micro-location	this home 0.0633 · comparable 0.0704	−$6,731
Distance to beach	this home 3.13 km · comparable 2.9 km	−$4,906
Land size	this home 414 m² · comparable 420 m²	−$2,640
Cladding	this home 2 · comparable 3	−$2,466
Net adjustment		+$118,763

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

18 Massachusetts Court

Sold 9 July 2026 · 0.05 km away

Sold for

$1,450,000

Adjusted to this home

$1,342,978

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Land size	this home 414 m² · comparable 630 m²	−$95,040
Pool	this home 0 · comparable 1	−$43,751
Floor area	this home 154 m² · comparable 137 m²	+$41,548
Year built	this home 1996 · comparable 1997	−$3,833
Cladding	this home 2 · comparable 3	−$2,466
Micro-location	this home 0.0633 · comparable 0.0654	−$2,436
Distance to beach	this home 3.13 km · comparable 3.09 km	−$1,044
Net adjustment		−$107,022

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

28 Pristine Court

Sold 8 October 2026 · 0.43 km away

Sold for

$1,170,000

Adjusted to this home

$1,320,279

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Bedrooms	this home 4 · comparable 3	+$124,288
Pool	this home 0 · comparable 1	−$43,751
Floor area	this home 154 m² · comparable 141.71 m²	+$30,037
Micro-location	this home 0.0633 · comparable 0.0342	+$27,238
Distance to beach	this home 3.13 km · comparable 3.54 km	+$8,634
Year built	this home 1996 · comparable 1995	+$3,833
Net adjustment		+$150,279

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

6 Pristine Court

Sold 30 June 2026 · 0.55 km away

Sold for

$1,220,000

Adjusted to this home

$1,432,773

What we added and subtracted to make this sale comparable to 7 Minnesota Street
Bedrooms	this home 4 · comparable 3	+$124,288
Micro-location	this home 0.0633 · comparable 0.0126	+$49,483
Floor area	this home 154 m² · comparable 143.96 m²	+$24,538
Distance to beach	this home 3.13 km · comparable 3.68 km	+$12,078
Year built	this home 1996 · comparable 1994	+$7,666
Land size	this home 414 m² · comparable 426 m²	−$5,280
Net adjustment		+$212,773

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 7 Minnesota 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 Minnesota 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

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 Minnesota Street

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

3 Massachusetts Court

31 Roundelay Drive

4 Barbie Avenue

16 Stanford Avenue

18 Massachusetts Court

28 Pristine Court

6 Pristine Court

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