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.

5 Pristine Court

Sold 21 November 2025 · 0.46 km away

Sold for

$1,490,000

Adjusted to this home

$1,493,719

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Floor area	this home 132 m² · comparable 225 m²	−$221,340
Street	this home 0.0909 · comparable -0.0146	+$125,756
Condition	this home 9 · comparable 8	+$89,400
Pool	this home 0 · comparable 1	−$49,867
Micro-location	this home 0.0488 · comparable 0.0136	+$41,958
Distance to beach	this home 3.27 km · comparable 3.71 km	+$11,801
Land size	this home 411 m² · comparable 401 m²	+$4,400
Cladding	this home 3 · comparable 2	+$4,117
Year built	this home 1994 · comparable 1996	−$2,506
Net adjustment		+$3,719

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

3 Massachusetts Court

Sold 22 July 2026 · 0.29 km away

Sold for

$1,400,000

Adjusted to this home

$1,539,406

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Condition	this home 9 · comparable 7	+$140,000
Pool	this home 0 · comparable 1	−$49,867
Street	this home 0.0909 · comparable 0.0616	+$32,816
Floor area	this home 132 m² · comparable 120.1 m²	+$28,322
Micro-location	this home 0.0488 · comparable 0.0574	−$9,632
Distance to beach	this home 3.27 km · comparable 3.1 km	−$4,284
Cladding	this home 3 · comparable 2	+$4,117
Year built	this home 1994 · comparable 1996	−$2,506
Land size	this home 411 m² · comparable 410 m²	+$440
Net adjustment		+$139,406

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

8 Cumberland Drive

Sold 3 June 2026 · 0.58 km away

Sold for

$1,415,000

Adjusted to this home

$1,528,903

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Condition	this home 9 · comparable 7	+$141,500
Bedrooms	this home 4 · comparable 3	+$130,413
Land size	this home 411 m² · comparable 703 m²	−$128,480
Floor area	this home 132 m² · comparable 167.88 m²	−$85,394
Street	this home 0.0909 · comparable 0.0563	+$39,167
Distance to beach	this home 3.27 km · comparable 3.55 km	+$7,131
Cladding	this home 3 · comparable 2	+$4,117
Micro-location	this home 0.0488 · comparable 0.0462	+$2,943
Year built	this home 1994 · comparable 1992	+$2,506
Net adjustment		+$113,903

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

16 South Bay Drive

Sold 9 July 2026 · 0.90 km away

Sold for

$1,250,000

Adjusted to this home

$1,272,547

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Water views	this home 0 · comparable 1	−$199,201
Bedrooms	this home 4 · comparable 3	+$130,413
Land size	this home 411 m² · comparable 188 m²	+$98,120
Condition	this home 9 · comparable 8	+$75,000
Floor area	this home 132 m² · comparable 156 m²	−$57,120
Storeys	this home 1 · comparable 2	−$40,000
Street	this home 0.0909 · comparable 0.064	+$26,900
Air conditioning	this home 0 · comparable 1	−$20,000
Year built	this home 1994 · comparable 2009	−$18,792
Distance to beach	this home 3.27 km · comparable 4.09 km	+$17,910
Micro-location	this home 0.0488 · comparable 0.0436	+$5,200
Cladding	this home 3 · comparable 2	+$4,117
Net adjustment		+$22,547

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

16 Stanford Avenue

Sold 25 September 2026 · 0.38 km away

Sold for

$1,185,000

Adjusted to this home

$1,357,642

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Bedrooms	this home 4 · comparable 3	+$130,413
Condition	this home 9 · comparable 7	+$118,500
Floor area	this home 132 m² · comparable 149.41 m²	−$41,436
Micro-location	this home 0.0488 · comparable 0.0704	−$20,477
Distance to beach	this home 3.27 km · comparable 2.9 km	−$7,892
Land size	this home 411 m² · comparable 420 m²	−$3,960
Year built	this home 1994 · comparable 1996	−$2,506
Net adjustment		+$172,642

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

31 Roundelay Drive

Sold 30 July 2026 · 0.33 km away

Sold for

$1,380,000

Adjusted to this home

$1,570,259

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Street	this home 0.0909 · comparable -0.023	+$125,746
Condition	this home 9 · comparable 8	+$82,800
Floor area	this home 132 m² · comparable 151.3 m²	−$45,934
Micro-location	this home 0.0488 · comparable 0.0311	+$19,541
Distance to beach	this home 3.27 km · comparable 3.59 km	+$7,949
Cladding	this home 3 · comparable 2	+$4,117
Land size	this home 411 m² · comparable 420 m²	−$3,960
Net adjustment		+$190,259

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

28 Pristine Court

Sold 8 October 2026 · 0.38 km away

Sold for

$1,170,000

Adjusted to this home

$1,397,799

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Bedrooms	this home 4 · comparable 3	+$101,019
Condition	this home 9 · comparable 7	+$90,630
Street	this home 0.0909 · comparable -0.0146	+$76,491
Pool	this home 0 · comparable 1	−$38,628
Floor area	this home 132 m² · comparable 141.71 m²	−$17,901
Micro-location	this home 0.0488 · comparable 0.0342	+$10,586
Distance to beach	this home 3.27 km · comparable 3.54 km	+$4,405
Cladding	this home 3 · comparable 2	+$3,189
Land size	this home 411 m² · comparable 414 m²	−$1,022
Year built	this home 1994 · comparable 1995	−$970
Net adjustment		+$227,799

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

56 Southlake Drive

Sold 21 July 2026 · 0.52 km away

Sold for

$1,660,000

Adjusted to this home

$1,614,561

What we added and subtracted to make this sale comparable to 7 Seafoam Close
Street	this home 0.0909 · comparable 0.0515	+$52,323
Pool	this home 0 · comparable 1	−$49,867
Car spaces	this home 2 · comparable 3	−$37,615
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.27 km · comparable 3.76 km	+$14,642
Land size	this home 411 m² · comparable 432 m²	−$9,240
Micro-location	this home 0.0488 · comparable 0.0447	+$5,445
Floor area	this home 132 m² · comparable 133 m²	−$2,380
Year built	this home 1994 · comparable 1993	+$1,253
Net adjustment		−$45,439

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 Seafoam Close 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 Seafoam Close 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 Seafoam Close

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

5 Pristine Court

3 Massachusetts Court

8 Cumberland Drive

16 South Bay Drive

16 Stanford Avenue

31 Roundelay Drive

28 Pristine Court

56 Southlake Drive

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