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.

6 Massachusetts Court

Sold 17 August 2026 · 0.72 km away

Sold for

$1,800,000

Adjusted to this home

$1,893,139

What we added and subtracted to make this sale comparable to 8 Placid Court
Water views	this home 0 · comparable 1	−$210,370
Street	this home 0.15 · comparable 0.0616	+$127,296
Condition	this home 7 · comparable 6	+$72,000
Bedrooms	this home 5 · comparable 4	+$67,318
Floor area	this home 279 m² · comparable 255 m²	+$45,446
Bathrooms	this home 3 · comparable 2	+$26,866
Pool	this home 1 · comparable 0	+$24,673
Micro-location	this home 0.0432 · comparable 0.0585	−$22,032
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.4 km · comparable 3.05 km	−$11,340
Year built	this home 1993 · comparable 1995	−$9,547
Land size	this home 899 m² · comparable 691 m²	+$2,829
Net adjustment		+$93,139

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

4 Barbie Avenue

Sold 5 August 2026 · 0.62 km away

Sold for

$1,515,000

Adjusted to this home

$1,590,504

What we added and subtracted to make this sale comparable to 8 Placid Court
Floor area	this home 279 m² · comparable 151 m²	+$242,381
Condition	this home 7 · comparable 9	−$151,500
Bedrooms	this home 5 · comparable 4	+$67,318
Car spaces	this home 2 · comparable 4	−$64,000
Year built	this home 1993 · comparable 1999	−$28,642
Bathrooms	this home 3 · comparable 2	+$26,866
Cladding	this home 3 · comparable 4	−$20,000
Micro-location	this home 0.0432 · comparable 0.0574	−$17,210
Distance to beach	this home 3.4 km · comparable 3.98 km	+$15,817
Land size	this home 899 m² · comparable 570 m²	+$4,474
Net adjustment		+$75,504

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

21 Washington Court

Sold 17 June 2026 · 0.79 km away

Sold for

$2,050,000

Adjusted to this home

$1,987,240

What we added and subtracted to make this sale comparable to 8 Placid Court
Water views	this home 0 · comparable 1	−$210,370
Floor area	this home 279 m² · comparable 212.39 m²	+$126,133
Bedrooms	this home 5 · comparable 4	+$67,318
Storeys	this home 1 · comparable 2	−$40,000
Bathrooms	this home 3 · comparable 2	+$26,866
Micro-location	this home 0.0432 · comparable 0.0526	−$15,416
Year built	this home 1993 · comparable 1996	−$14,321
Distance to beach	this home 3.4 km · comparable 3.22 km	−$6,642
Land size	this home 899 m² · comparable 629 m²	+$3,672
Net adjustment		−$62,760

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

15 Southlake Drive

Sold 9 September 2026 · 0.15 km away

Sold for

$1,430,000

Adjusted to this home

$1,725,143

What we added and subtracted to make this sale comparable to 8 Placid Court
Floor area	this home 279 m² · comparable 141 m²	+$261,317
Water views	this home 0 · comparable 1	−$210,370
Street	this home 0.15 · comparable 0.0515	+$112,684
Bedrooms	this home 5 · comparable 4	+$67,318
Bathrooms	this home 3 · comparable 2	+$26,866
Pool	this home 1 · comparable 0	+$24,673
Micro-location	this home 0.0432 · comparable 0.0385	+$5,377
Land size	this home 899 m² · comparable 591 m²	+$4,189
Distance to beach	this home 3.4 km · comparable 3.52 km	+$3,089
Net adjustment		+$295,143

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

288 Christine Avenue

Sold 13 August 2026 · 0.47 km away

Sold for

$1,420,000

Adjusted to this home

$1,768,568

What we added and subtracted to make this sale comparable to 8 Placid Court
Floor area	this home 279 m² · comparable 153.5 m²	+$214,682
Water views	this home 0 · comparable 1	−$190,042
Bedrooms	this home 5 · comparable 3	+$121,625
Street	this home 0.15 · comparable 0.0431	+$109,703
Condition	this home 7 · comparable 6	+$51,311
Bathrooms	this home 3 · comparable 2	+$24,270
Pool	this home 1 · comparable 0	+$22,289
Cladding	this home 3 · comparable 2	+$18,067
Micro-location	this home 0.0432 · comparable 0.0586	−$15,804
Distance to beach	this home 3.4 km · comparable 3.17 km	−$5,310
Year built	this home 1993 · comparable 1994	−$4,312
Land size	this home 899 m² · comparable 729 m²	+$2,089
Net adjustment		+$348,568

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

8 Cumberland Drive

Sold 3 June 2026 · 0.16 km away

Sold for

$1,415,000

Adjusted to this home

$1,760,195

What we added and subtracted to make this sale comparable to 8 Placid Court
Floor area	this home 279 m² · comparable 167.88 m²	+$136,911
Bedrooms	this home 5 · comparable 3	+$87,603
Street	this home 0.15 · comparable 0.0563	+$69,016
Bathrooms	this home 3 · comparable 2	+$17,481
Pool	this home 1 · comparable 0	+$16,054
Cladding	this home 3 · comparable 2	+$13,014
Year built	this home 1993 · comparable 1992	+$3,106
Distance to beach	this home 3.4 km · comparable 3.55 km	+$2,486
Micro-location	this home 0.0432 · comparable 0.0462	−$2,210
Land size	this home 899 m² · comparable 703 m²	+$1,734
Net adjustment		+$345,195

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

31 Roundelay Drive

Sold 30 July 2026 · 0.58 km away

Sold for

$1,380,000

Adjusted to this home

$1,777,812

What we added and subtracted to make this sale comparable to 8 Placid Court
Floor area	this home 279 m² · comparable 151.3 m²	+$179,376
Street	this home 0.15 · comparable -0.023	+$141,677
Bedrooms	this home 5 · comparable 4	+$49,936
Condition	this home 7 · comparable 8	−$40,947
Bathrooms	this home 3 · comparable 2	+$19,929
Pool	this home 1 · comparable 0	+$18,302
Cladding	this home 3 · comparable 2	+$14,836
Micro-location	this home 0.0432 · comparable 0.0311	+$9,910
Land size	this home 899 m² · comparable 420 m²	+$4,832
Year built	this home 1993 · comparable 1994	−$3,541
Distance to beach	this home 3.4 km · comparable 3.59 km	+$3,502
Net adjustment		+$397,812

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.55 km away

Sold for

$1,400,000

Adjusted to this home

$1,814,849

What we added and subtracted to make this sale comparable to 8 Placid Court
Floor area	this home 279 m² · comparable 145 m²	+$203,333
Bedrooms	this home 5 · comparable 3	+$107,888
Street	this home 0.15 · comparable 0.0386	+$99,981
Condition	this home 7 · comparable 8	−$44,874
Bathrooms	this home 3 · comparable 2	+$21,528
Micro-location	this home 0.0432 · comparable 0.0223	+$18,758
Distance to beach	this home 3.4 km · comparable 3.92 km	+$10,501
Year built	this home 1993 · comparable 1995	−$7,650
Land size	this home 899 m² · comparable 405 m²	+$5,384
Net adjustment		+$414,849

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 8 Placid Court 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 Placid Court 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

14 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 Placid Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

6 Massachusetts Court

4 Barbie Avenue

21 Washington Court

15 Southlake Drive

288 Christine Avenue

8 Cumberland Drive

31 Roundelay Drive

9 Gainsborough Drive

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