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.

21 Cumberland Drive

Sold 4 December 2025 · 0.22 km away

Sold for

$1,450,000

Adjusted to this home

$1,506,572

What we added and subtracted to make this sale comparable to 8 Randwick Court
Bedrooms	this home 4 · comparable 3	+$100,974
Condition	this home 8 · comparable 9	−$87,000
Floor area	this home 197 m² · comparable 157 m²	+$57,312
Cladding	this home 2 · comparable 3	−$29,731
Year built	this home 1998 · comparable 1992	+$19,594
Land size	this home 404 m² · comparable 467 m²	−$7,762
Distance to beach	this home 3.87 km · comparable 3.64 km	−$6,003
Street	this home 0.0612 · comparable 0.0563	+$5,684
Micro-location	this home 0.0467 · comparable 0.0427	+$4,640
Pool	this home 0 · comparable 1	−$1,136
Net adjustment		+$56,572

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

16 South Bay Drive

Sold 9 July 2026 · 0.84 km away

Sold for

$1,250,000

Adjusted to this home

$1,264,821

What we added and subtracted to make this sale comparable to 8 Randwick Court
Bedrooms	this home 4 · comparable 3	+$100,974
Water views	this home 0 · comparable 1	−$92,759
Floor area	this home 197 m² · comparable 156 m²	+$58,745
Storeys	this home 1 · comparable 2	−$40,000
Year built	this home 1998 · comparable 2009	−$35,922
Land size	this home 404 m² · comparable 188 m²	+$26,611
Air conditioning	this home 0 · comparable 1	−$7,538
Distance to beach	this home 3.87 km · comparable 4.09 km	+$4,410
Micro-location	this home 0.0467 · comparable 0.0436	+$3,100
Street	this home 0.0612 · comparable 0.064	−$2,800
Net adjustment		+$14,821

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

15 Comore Drive

Sold 16 January 2026 · 0.38 km away

Sold for

$1,350,000

Adjusted to this home

$1,417,499

What we added and subtracted to make this sale comparable to 8 Randwick Court
Condition	this home 8 · comparable 6	+$108,000
Micro-location	this home 0.0467 · comparable 0.0738	−$29,268
Street	this home 0.0612 · comparable 0.0785	−$18,684
Floor area	this home 197 m² · comparable 184 m²	+$18,626
Year built	this home 1998 · comparable 2002	−$13,062
Distance to beach	this home 3.87 km · comparable 4.06 km	+$4,228
Land size	this home 404 m² · comparable 423 m²	−$2,341
Net adjustment		+$67,499

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

31 Roundelay Drive

Sold 30 July 2026 · 0.56 km away

Sold for

$1,380,000

Adjusted to this home

$1,559,794

What we added and subtracted to make this sale comparable to 8 Randwick Court
Street	this home 0.0612 · comparable -0.023	+$92,957
Floor area	this home 197 m² · comparable 151.3 m²	+$65,479
Micro-location	this home 0.0467 · comparable 0.0311	+$17,222
Year built	this home 1998 · comparable 1994	+$13,062
Distance to beach	this home 3.87 km · comparable 3.59 km	−$6,955
Land size	this home 404 m² · comparable 420 m²	−$1,971
Net adjustment		+$179,794

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

4 Barbie Avenue

Sold 5 August 2026 · 0.17 km away

Sold for

$1,515,000

Adjusted to this home

$1,331,726

What we added and subtracted to make this sale comparable to 8 Randwick Court
Condition	this home 8 · comparable 9	−$90,900
Floor area	this home 197 m² · comparable 151 m²	+$65,909
Car spaces	this home 2 · comparable 4	−$64,000
Cladding	this home 2 · comparable 4	−$59,462
Land size	this home 404 m² · comparable 570 m²	−$20,451
Micro-location	this home 0.0467 · comparable 0.0574	−$12,968
Year built	this home 1998 · comparable 1999	−$3,266
Distance to beach	this home 3.87 km · comparable 3.98 km	+$3,000
Pool	this home 0 · comparable 1	−$1,136
Net adjustment		−$183,274

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.30 km away

Sold for

$1,400,000

Adjusted to this home

$1,608,187

What we added and subtracted to make this sale comparable to 8 Randwick Court
Bedrooms	this home 4 · comparable 3	+$100,974
Floor area	this home 197 m² · comparable 145 m²	+$74,506
Cladding	this home 2 · comparable 3	−$29,731
Micro-location	this home 0.0467 · comparable 0.0223	+$27,328
Street	this home 0.0612 · comparable 0.0386	+$25,312
Year built	this home 1998 · comparable 1995	+$9,797
Distance to beach	this home 3.87 km · comparable 3.92 km	+$1,260
Pool	this home 0 · comparable 1	−$1,136
Land size	this home 404 m² · comparable 405 m²	−$123
Net adjustment		+$208,187

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

28 Pristine Court

Sold 8 October 2026 · 0.74 km away

Sold for

$1,170,000

Adjusted to this home

$1,480,121

What we added and subtracted to make this sale comparable to 8 Randwick Court
Bedrooms	this home 4 · comparable 3	+$100,974
Floor area	this home 197 m² · comparable 141.71 m²	+$79,219
Street	this home 0.0612 · comparable -0.0146	+$70,949
Condition	this home 8 · comparable 7	+$46,800
Micro-location	this home 0.0467 · comparable 0.0342	+$11,700
Year built	this home 1998 · comparable 1995	+$9,797
Distance to beach	this home 3.87 km · comparable 3.54 km	−$6,950
Land size	this home 404 m² · comparable 414 m²	−$1,232
Pool	this home 0 · comparable 1	−$1,136
Net adjustment		+$310,121

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

56 Southlake Drive

Sold 21 July 2026 · 0.24 km away

Sold for

$1,660,000

Adjusted to this home

$1,606,823

What we added and subtracted to make this sale comparable to 8 Randwick Court
Condition	this home 8 · comparable 9	−$99,600
Floor area	this home 197 m² · comparable 133 m²	+$91,699
Car spaces	this home 2 · comparable 3	−$32,000
Cladding	this home 2 · comparable 3	−$29,731
Year built	this home 1998 · comparable 1993	+$16,328
Street	this home 0.0612 · comparable 0.0515	+$12,882
Air conditioning	this home 0 · comparable 1	−$7,538
Land size	this home 404 m² · comparable 432 m²	−$3,450
Distance to beach	this home 3.87 km · comparable 3.76 km	−$3,287
Micro-location	this home 0.0467 · comparable 0.0447	+$2,656
Pool	this home 0 · comparable 1	−$1,136
Net adjustment		−$53,177

A further 7 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 Randwick 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 Randwick 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

41 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 Randwick Court

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

21 Cumberland Drive

16 South Bay Drive

15 Comore Drive

31 Roundelay Drive

4 Barbie Avenue

9 Gainsborough Drive

28 Pristine Court

56 Southlake Drive

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