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.

8 Cumberland Drive

Sold 3 June 2026 · 0.13 km away

Sold for

$1,415,000

Adjusted to this home

$1,444,286

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Bedrooms	this home 5 · comparable 3	+$124,736
Floor area	this home 122 m² · comparable 167.88 m²	−$88,787
Street	this home 0.0515 · comparable 0.0563	−$5,434
Micro-location	this home 0.0421 · comparable 0.0462	−$4,642
Year built	this home 1993 · comparable 1992	+$4,262
Land size	this home 591 m² · comparable 703 m²	−$1,613
Distance to beach	this home 3.52 km · comparable 3.55 km	+$764
Net adjustment		+$29,286

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

9 Gainsborough Drive

Sold 14 September 2026 · 0.48 km away

Sold for

$1,400,000

Adjusted to this home

$1,501,083

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Bedrooms	this home 5 · comparable 3	+$124,736
Floor area	this home 122 m² · comparable 145 m²	−$44,510
Micro-location	this home 0.0421 · comparable 0.0223	+$22,176
Cladding	this home 2 · comparable 3	−$20,000
Street	this home 0.0515 · comparable 0.0386	+$14,448
Distance to beach	this home 3.52 km · comparable 3.92 km	+$10,080
Year built	this home 1993 · comparable 1995	−$8,525
Land size	this home 591 m² · comparable 405 m²	+$2,678
Net adjustment		+$101,083

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

31 Roundelay Drive

Sold 30 July 2026 · 0.50 km away

Sold for

$1,380,000

Adjusted to this home

$1,479,996

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Street	this home 0.0515 · comparable -0.023	+$82,248
Bedrooms	this home 5 · comparable 4	+$62,368
Floor area	this home 122 m² · comparable 151.3 m²	−$56,702
Micro-location	this home 0.0421 · comparable 0.0311	+$12,144
Year built	this home 1993 · comparable 1994	−$4,262
Land size	this home 591 m² · comparable 420 m²	+$2,462
Distance to beach	this home 3.52 km · comparable 3.59 km	+$1,738
Net adjustment		+$99,996

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

4 Barbie Avenue

Sold 5 August 2026 · 0.49 km away

Sold for

$1,515,000

Adjusted to this home

$1,385,975

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Car spaces	this home 2 · comparable 4	−$64,000
Bedrooms	this home 5 · comparable 4	+$62,368
Floor area	this home 122 m² · comparable 151 m²	−$56,121
Cladding	this home 2 · comparable 4	−$40,000
Year built	this home 1993 · comparable 1999	−$25,574
Micro-location	this home 0.0421 · comparable 0.0574	−$18,544
Distance to beach	this home 3.52 km · comparable 3.98 km	+$12,544
Land size	this home 591 m² · comparable 570 m²	+$302
Net adjustment		−$129,025

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

18 Massachusetts Court

Sold 9 July 2026 · 0.65 km away

Sold for

$1,450,000

Adjusted to this home

$1,395,761

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Bedrooms	this home 5 · comparable 4	+$62,368
Floor area	this home 122 m² · comparable 137 m²	−$29,028
Micro-location	this home 0.0421 · comparable 0.0654	−$27,028
Cladding	this home 2 · comparable 3	−$20,000
Year built	this home 1993 · comparable 1997	−$17,050
Street	this home 0.0515 · comparable 0.0616	−$11,716
Distance to beach	this home 3.52 km · comparable 3.09 km	−$11,223
Land size	this home 591 m² · comparable 630 m²	−$562
Net adjustment		−$54,239

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

77 Southlake Drive

Sold 20 November 2025 · 0.40 km away

Sold for

$1,505,000

Adjusted to this home

$1,467,725

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Water views	this home 0 · comparable 1	−$222,450
Bedrooms	this home 5 · comparable 3	+$124,736
Car spaces	this home 2 · comparable 1	+$32,000
Floor area	this home 122 m² · comparable 113.49 m²	+$16,469
Distance to beach	this home 3.52 km · comparable 3.78 km	+$7,043
Micro-location	this home 0.0421 · comparable 0.0379	+$5,057
Land size	this home 591 m² · comparable 600 m²	−$130
Net adjustment		−$37,275

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

3 Dorothy Place

Sold 27 March 2026 · 0.36 km away

Sold for

$1,300,000

Adjusted to this home

$1,404,902

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Bedrooms	this home 5 · comparable 3	+$124,736
Floor area	this home 122 m² · comparable 129.58 m²	−$14,669
Year built	this home 1993 · comparable 1995	−$8,525
Distance to beach	this home 3.52 km · comparable 3.81 km	+$6,786
Micro-location	this home 0.0421 · comparable 0.0479	−$6,032
Land size	this home 591 m² · comparable 410 m²	+$2,606
Net adjustment		+$104,902

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

56 Southlake Drive

Sold 21 July 2026 · 0.34 km away

Sold for

$1,660,000

Adjusted to this home

$1,635,089

What we added and subtracted to make this sale comparable to 9 Southlake Drive
Bedrooms	this home 5 · comparable 4	+$62,368
Car spaces	this home 2 · comparable 3	−$32,000
Floor area	this home 122 m² · comparable 133 m²	−$21,287
Cladding	this home 2 · comparable 3	−$20,000
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 3.52 km · comparable 3.76 km	+$7,171
Micro-location	this home 0.0421 · comparable 0.0447	−$3,453
Land size	this home 591 m² · comparable 432 m²	+$2,290
Net adjustment		−$24,911

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 9 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 9 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 →

9 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

8 Cumberland Drive

9 Gainsborough Drive

31 Roundelay Drive

4 Barbie Avenue

18 Massachusetts Court

77 Southlake Drive

3 Dorothy Place

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 9 Southlake Drive sit?