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.

41 Gerona Circuit

Sold 26 May 2026 · 1.09 km away

Sold for

$1,410,000

Adjusted to this home

$1,389,779

What we added and subtracted to make this sale comparable to 8 Marks Drive
Condition	this home 8 · comparable 7	+$56,400
Micro-location	this home 0.0377 · comparable 0.0822	−$50,196
Street	this home 0.0303 · comparable 0.0518	−$24,252
Distance to beach	this home 4.32 km · comparable 5.15 km	+$15,448
Land size	this home 474 m² · comparable 586 m²	−$13,978
Floor area	this home 167 m² · comparable 174 m²	−$13,720
Year built	this home 2007 · comparable 2003	+$10,077
Net adjustment		−$20,221

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

21 Cumberland Drive

Sold 4 December 2025 · 0.80 km away

Sold for

$1,450,000

Adjusted to this home

$1,441,301

What we added and subtracted to make this sale comparable to 8 Marks Drive
Bedrooms	this home 4 · comparable 3	+$135,520
Condition	this home 8 · comparable 9	−$87,000
Pool	this home 0 · comparable 1	−$64,000
Year built	this home 2007 · comparable 1992	+$37,788
Street	this home 0.0303 · comparable 0.0563	−$30,160
Floor area	this home 167 m² · comparable 157 m²	+$19,600
Distance to beach	this home 4.32 km · comparable 3.64 km	−$15,521
Micro-location	this home 0.0377 · comparable 0.0427	−$5,800
Land size	this home 474 m² · comparable 467 m²	+$874
Net adjustment		−$8,699

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

15 Comore Drive

Sold 16 January 2026 · 0.74 km away

Sold for

$1,350,000

Adjusted to this home

$1,367,963

What we added and subtracted to make this sale comparable to 8 Marks Drive
Condition	this home 8 · comparable 6	+$108,000
Street	this home 0.0303 · comparable 0.0785	−$52,056
Micro-location	this home 0.0377 · comparable 0.0738	−$38,988
Floor area	this home 167 m² · comparable 184 m²	−$33,320
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 2002	+$12,596
Land size	this home 474 m² · comparable 423 m²	+$6,365
Distance to beach	this home 4.32 km · comparable 4.06 km	−$4,634
Net adjustment		+$17,963

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

5 Palma Crescent

Sold 27 March 2026 · 0.97 km away

Sold for

$1,395,000

Adjusted to this home

$1,338,327

What we added and subtracted to make this sale comparable to 8 Marks Drive
Micro-location	this home 0.0377 · comparable 0.0871	−$55,130
Water views	this home 0 · comparable 1	−$20,042
Land size	this home 474 m² · comparable 350 m²	+$15,475
Distance to beach	this home 4.32 km · comparable 5.1 km	+$14,363
Street	this home 0.0303 · comparable 0.0399	−$10,714
Floor area	this home 167 m² · comparable 172.46 m²	−$10,702
Year built	this home 2007 · comparable 2003	+$10,077
Net adjustment		−$56,673

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.44 km away

Sold for

$1,400,000

Adjusted to this home

$1,553,503

What we added and subtracted to make this sale comparable to 8 Marks Drive
Bedrooms	this home 4 · comparable 3	+$135,520
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 167 m² · comparable 145 m²	+$43,120
Year built	this home 2007 · comparable 1995	+$30,230
Micro-location	this home 0.0377 · comparable 0.0223	+$17,248
Street	this home 0.0303 · comparable 0.0386	−$9,296
Land size	this home 474 m² · comparable 405 m²	+$8,611
Distance to beach	this home 4.32 km · comparable 3.92 km	−$7,930
Net adjustment		+$153,503

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

40 Gerona Circuit

Sold 26 May 2026 · 0.97 km away

Sold for

$1,410,000

Adjusted to this home

$1,305,669

What we added and subtracted to make this sale comparable to 8 Marks Drive
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0377 · comparable 0.0943	−$63,845
Condition	this home 8 · comparable 7	+$56,400
Floor area	this home 167 m² · comparable 188 m²	−$41,160
Street	this home 0.0303 · comparable 0.0518	−$24,252
Distance to beach	this home 4.32 km · comparable 5.03 km	+$13,214
Year built	this home 2007 · comparable 2003	+$10,077
Land size	this home 474 m² · comparable 400 m²	+$9,235
Net adjustment		−$104,331

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

16 Marciana Crescent

Sold 31 July 2026 · 1.03 km away

Sold for

$1,225,000

Adjusted to this home

$1,441,655

What we added and subtracted to make this sale comparable to 8 Marks Drive
Bedrooms	this home 4 · comparable 3	+$109,186
Condition	this home 8 · comparable 6	+$78,956
Micro-location	this home 0.0377 · comparable 0.0998	−$49,031
Floor area	this home 167 m² · comparable 147 m²	+$31,582
Cladding	this home 3 · comparable 2	+$16,114
Land size	this home 474 m² · comparable 350 m²	+$12,468
Year built	this home 2007 · comparable 2002	+$10,148
Distance to beach	this home 4.32 km · comparable 4.96 km	+$8,338
Street	this home 0.0303 · comparable 0.0317	−$1,106
Net adjustment		+$216,655

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

56 Southlake Drive

Sold 21 July 2026 · 0.82 km away

Sold for

$1,660,000

Adjusted to this home

$1,484,977

What we added and subtracted to make this sale comparable to 8 Marks Drive
Condition	this home 8 · comparable 9	−$99,600
Floor area	this home 167 m² · comparable 133 m²	+$66,640
Pool	this home 0 · comparable 1	−$64,000
Car spaces	this home 2 · comparable 3	−$46,941
Year built	this home 2007 · comparable 1993	+$35,269
Street	this home 0.0303 · comparable 0.0515	−$28,154
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.32 km · comparable 3.76 km	−$14,183
Micro-location	this home 0.0377 · comparable 0.0447	−$9,296
Land size	this home 474 m² · comparable 432 m²	+$5,242
Net adjustment		−$175,023

A further 8 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 8 Marks 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 8 Marks 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

19 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 →

8 Marks Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

41 Gerona Circuit

21 Cumberland Drive

15 Comore Drive

5 Palma Crescent

9 Gainsborough Drive

40 Gerona Circuit

16 Marciana Crescent

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 8 Marks Drive sit?