38 Roundelay Drive, Varsity Lakes, QLD 4227
Comparable sales range
$1,128,078 – $1,427,025
Asking: Offers Over $1,275,000
Range derived from recent comparable sales, each adjusted for floor area, land size, condition and location. How we build this range.
38 Roundelay Drive, Varsity Lakes, QLD 4227 is a 4 bed, 3 bath, 2 car house in Varsity Lakes, Queensland. This page shows its recorded sale history and a data-driven valuation based on comparable local sales.
Sale history
| Year | Price | Type |
|---|---|---|
| 2018 | $590,000 | Sale |
| 2013 | $445,000 | Sale |
| 2010 | $430,000 | Sale |
| 2007 | $373,000 | Sale |
| 1994 | $154,900 | Sale |
Source: historical sale records. Prices shown as recorded.
Four beds, a studio, offers over $1,275,000 — below all 3 recent street sales
A 3-bed, 1-bath on this street sold for $15,000 more in January. This one adds a bed, two baths and a studio. What explains the gap?
Four beds, three baths and a separate studio at offers over $1,275,000, which is $15,000 below what a three-bed, one-bath home on the same street sold for in January 2026. Listed since 27 May 2026.
A separate studio behind the main house, with its own bathroom and kitchenette, at offers over $1,275,000
Picture a Sunday morning. A visiting parent, a grown child or a guest makes coffee in the studio's own kitchenette, while the main house has breakfast on one level with no stairs. That separation comes at a guide $125,000 below the typical Varsity Lakes house price of $1,400,000.
Three sales on Roundelay Drive show what this street has paid, and the guide sits below all three
Walk from the front door to the end of the street and you pass three homes that sold in the past year for $1,290,000 to $1,380,000. This one asks offers over $1,275,000. The difference comes down to finish and layout, and the sales on this street put a price on both.
Our comparable-sales range is $1,177,335 to $1,474,320. The guide sits in its lower half but near the top of the individual adjusted sales.
If you're weighing up an offer, two views of the evidence matter. On our range, the guide sits below the middle. On the eight individual sales behind that range, once adjusted, it sits near the top. Both are true, and the Valuation Guide tab shows how they fit together.
No pool, a modest yard and laminate benchtops. Each trade-off has a price, and the studio is where the space went.
Weekends here centre on the covered alfresco rather than a pool or a big lawn. There's less to mow and less to maintain, and the rear of the block holds a second living space instead of open yard.
Frequently asked
What is 38 Roundelay Drive, Varsity Lakes worth in 2026?
Our comparable-sales range for 38 Roundelay Drive is $1,177,335 to $1,474,320. About four in five Varsity Lakes sales land inside a band this wide. The eight sales behind the range adjust to between $1,105,177 and $1,276,549 for this home before a Varsity Lakes calibration is applied. The current guide is offers over $1,275,000. The full breakdown is in the Valuation Guide tab.
Is 38 Roundelay Drive, Varsity Lakes in a flood zone?
No. Gold Coast City Council mapping shows no flood overlay on the property, and it sits outside all ICA flood zones. Ground level is 4.35 m against a designated flood level of 4.12 m, which is 0.23 m above it.
Does 38 Roundelay Drive have a granny flat or studio?
Yes. There is a separate studio at the rear with its own bathroom and kitchenette. Our data doesn't record its floor area or whether council has approved it as a separate dwelling. The agent can confirm both.
How long has 38 Roundelay Drive been on the market?
38 Roundelay Drive was first listed on 27 May 2026 as Expressions of Interest. The guide then moved to offers over $1,350,000, then offers over $1,300,000. Since 22 September 2026 it has been offers over $1,275,000.
What have homes on Roundelay Drive sold for recently?
5 Roundelay Drive (3 bed, 1 bath) sold for $1,290,000 on 19 January 2026. 36 Roundelay Drive (3 bed, 2 bath) sold for $1,352,000 in December 2025. 31 Roundelay Drive (4 bed, 2 bath, fully renovated) sold for $1,380,000 on 30 July 2026.
What is the Varsity Lakes median house price in 2026?
The Varsity Lakes median house price is $1,400,000 over the past 12 months, based on 117 house sales. That's up 10.2% year on year.
Has 38 Roundelay Drive been renovated?
It has been cosmetically updated rather than fully renovated. The kitchen, bathrooms and living areas score 7/10 in our photo analysis. Features include modern cabinetry, an island bench with laminate benchtops, and a frameless ensuite shower. The property last sold in October 2018 for $590,000.