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.

9 Gainsborough Drive

Sold 14 September 2026 · 0.44 km away

Sold for

$1,400,000

Adjusted to this home

$1,333,541

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Condition	this home 7 · comparable 8	−$56,000
Pool	this home 0 · comparable 1	−$42,308
Micro-location	this home 0.0423 · comparable 0.0223	+$22,400
Street	this home 0.0515 · comparable 0.0386	+$14,448
Floor area	this home 139 m² · comparable 145 m²	−$11,549
Distance to beach	this home 3.57 km · comparable 3.92 km	+$8,820
Year built	this home 1992 · comparable 1995	−$2,918
Land size	this home 435 m² · comparable 405 m²	+$648
Net adjustment		−$66,459

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

31 Roundelay Drive

Sold 30 July 2026 · 0.48 km away

Sold for

$1,380,000

Adjusted to this home

$1,348,571

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Street	this home 0.0515 · comparable -0.023	+$82,248
Bedrooms	this home 3 · comparable 4	−$66,042
Condition	this home 7 · comparable 8	−$55,200
Floor area	this home 139 m² · comparable 151.3 m²	−$23,675
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0423 · comparable 0.0311	+$12,365
Year built	this home 1992 · comparable 1994	−$1,946
Distance to beach	this home 3.57 km · comparable 3.59 km	+$497
Land size	this home 435 m² · comparable 420 m²	+$324
Net adjustment		−$31,429

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

3 Massachusetts Court

Sold 22 July 2026 · 0.76 km away

Sold for

$1,400,000

Adjusted to this home

$1,304,609

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Bedrooms	this home 3 · comparable 4	−$66,042
Pool	this home 0 · comparable 1	−$42,308
Floor area	this home 139 m² · comparable 120.1 m²	+$36,378
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0423 · comparable 0.0574	−$16,912
Distance to beach	this home 3.57 km · comparable 3.1 km	−$11,844
Street	this home 0.0515 · comparable 0.0616	−$11,312
Year built	this home 1992 · comparable 1996	−$3,891
Land size	this home 435 m² · comparable 410 m²	+$540
Net adjustment		−$95,391

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

28 Pristine Court

Sold 8 October 2026 · 0.66 km away

Sold for

$1,170,000

Adjusted to this home

$1,208,832

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Street	this home 0.0515 · comparable -0.0146	+$61,870
Pool	this home 0 · comparable 1	−$42,308
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0423 · comparable 0.0342	+$7,582
Floor area	this home 139 m² · comparable 141.71 m²	−$5,216
Year built	this home 1992 · comparable 1995	−$2,918
Distance to beach	this home 3.57 km · comparable 3.54 km	−$632
Land size	this home 435 m² · comparable 414 m²	+$454
Net adjustment		+$38,832

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

8 Cumberland Drive

Sold 3 June 2026 · 0.15 km away

Sold for

$1,415,000

Adjusted to this home

$1,363,265

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Floor area	this home 139 m² · comparable 167.88 m²	−$55,588
Cladding	this home 3 · comparable 2	+$20,000
Land size	this home 435 m² · comparable 703 m²	−$5,789
Street	this home 0.0515 · comparable 0.0563	−$5,434
Micro-location	this home 0.0423 · comparable 0.0462	−$4,414
Distance to beach	this home 3.57 km · comparable 3.55 km	−$510
Net adjustment		−$51,735

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

3 Dorothy Place

Sold 27 March 2026 · 0.31 km away

Sold for

$1,300,000

Adjusted to this home

$1,345,238

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Condition	this home 7 · comparable 6	+$52,000
Pool	this home 0 · comparable 1	−$42,308
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 139 m² · comparable 129.58 m²	+$18,132
Micro-location	this home 0.0423 · comparable 0.0479	−$5,824
Distance to beach	this home 3.57 km · comparable 3.81 km	+$5,616
Year built	this home 1992 · comparable 1995	−$2,918
Land size	this home 435 m² · comparable 410 m²	+$540
Net adjustment		+$45,238

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

6 Pristine Court

Sold 30 June 2026 · 0.57 km away

Sold for

$1,220,000

Adjusted to this home

$1,324,618

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Street	this home 0.0515 · comparable -0.0146	+$64,514
Micro-location	this home 0.0423 · comparable 0.0126	+$28,987
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 139 m² · comparable 143.96 m²	−$9,547
Distance to beach	this home 3.57 km · comparable 3.68 km	+$2,416
Year built	this home 1992 · comparable 1994	−$1,946
Land size	this home 435 m² · comparable 426 m²	+$194
Net adjustment		+$104,618

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

4 Pascali Court

Sold 5 August 2026 · 0.59 km away

Sold for

$1,150,000

Adjusted to this home

$1,307,883

What we added and subtracted to make this sale comparable to 8 Southlake Drive
Street	this home 0.0515 · comparable -0.0364	+$80,868
Condition	this home 7 · comparable 6	+$46,000
Pool	this home 0 · comparable 1	−$42,308
Micro-location	this home 0.0423 · comparable 0.0123	+$27,600
Floor area	this home 139 m² · comparable 125.33 m²	+$26,312
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 1992 · comparable 1995	−$2,918
Distance to beach	this home 3.57 km · comparable 3.67 km	+$2,070
Land size	this home 435 m² · comparable 423 m²	+$259
Net adjustment		+$157,883

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 Southlake 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 Southlake 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

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 →

8 Southlake Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

9 Gainsborough Drive

31 Roundelay Drive

3 Massachusetts Court

28 Pristine Court

8 Cumberland Drive

3 Dorothy Place

6 Pristine Court

4 Pascali Court

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