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.

4 Callicarpa Street

Sold 1 July 2026 · 1.99 km away

Sold for

$1,420,000

Adjusted to this home

$1,281,028

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Floor area	this home 116 m² · comparable 190 m²	−$195,538
Micro-location	this home 0.0436 · comparable 0.0071	+$41,464
Distance to beach	this home 7.51 km · comparable 5.81 km	−$26,718
Year built	this home 2009 · comparable 1999	+$24,000
Cladding	this home 3 · comparable 2	+$20,000
Street	this home 0.0018 · comparable 0.0057	−$4,430
Land size	this home 784 m² · comparable 687 m²	+$2,250
Net adjustment		−$138,972

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

42 Gordonia Drive

Sold 7 May 2026 · 2.05 km away

Sold for

$1,530,000

Adjusted to this home

$1,272,655

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Floor area	this home 116 m² · comparable 235 m²	−$314,446
Distance to beach	this home 7.51 km · comparable 5.77 km	−$29,596
Micro-location	this home 0.0436 · comparable 0.0203	+$28,519
Street	this home 0.0018 · comparable -0.0165	+$22,399
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2009 · comparable 2002	+$16,800
Land size	this home 784 m² · comparable 828 m²	−$1,021
Net adjustment		−$257,345

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

29 Gordonia Drive

Sold 2.05 km away

Sold for

$1,595,000

Adjusted to this home

$1,285,548

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Floor area	this home 116 m² · comparable 226 m²	−$290,664
Bedrooms	this home 3 · comparable 4	−$88,000
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$63,800
Micro-location	this home 0.0436 · comparable 0.0116	+$40,832
Distance to beach	this home 7.51 km · comparable 5.73 km	−$31,696
Street	this home 0.0018 · comparable -0.0165	+$23,350
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2009 · comparable 2001	+$19,200
Land size	this home 784 m² · comparable 882 m²	−$2,274
Net adjustment		−$309,452

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

10 Panorama Drive

Sold 12 March 2026 · 1.12 km away

Sold for

$1,575,000

Adjusted to this home

$1,251,972

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Street	this home 0.0018 · comparable 0.0851	−$104,958
Condition	this home 8 · comparable 9	−$94,500
Bedrooms	this home 3 · comparable 4	−$88,000
Floor area	this home 116 m² · comparable 141.23 m²	−$66,668
Micro-location	this home 0.0436 · comparable 0.0022	+$52,164
Distance to beach	this home 7.51 km · comparable 6.57 km	−$15,990
Year built	this home 2009 · comparable 2013	−$9,600
Land size	this home 784 m² · comparable 589 m²	+$4,524
Net adjustment		−$323,028

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

13 Golden Grove Boulevard Reedy Creek

Sold 17 November 2025 · 1.36 km away

Sold for

$1,335,000

Adjusted to this home

$1,196,507

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Bedrooms	this home 3 · comparable 4	−$88,000
Condition	this home 8 · comparable 9	−$80,100
Floor area	this home 116 m² · comparable 90.88 m²	+$66,377
Street	this home 0.0018 · comparable 0.0443	−$45,390
Cladding	this home 3 · comparable 1	+$40,000
Micro-location	this home 0.0436 · comparable 0.0673	−$25,312
Distance to beach	this home 7.51 km · comparable 6.79 km	−$10,381
Year built	this home 2009 · comparable 2007	+$4,800
Land size	this home 784 m² · comparable 805 m²	−$487
Net adjustment		−$138,493

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

19 Grove Creek Close

Sold 8 June 2026 · 1.27 km away

Sold for

$1,740,000

Adjusted to this home

$1,252,800

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Floor area	this home 116 m² · comparable 312 m²	−$318,520
Bedrooms	this home 3 · comparable 4	−$54,121
Condition	this home 8 · comparable 7	+$42,805
Pool	this home 0 · comparable 1	−$39,361
Bathrooms	this home 2 · comparable 3	−$36,901
Street	this home 0.0018 · comparable 0.0394	−$32,189
Storeys	this home 1 · comparable 2	−$24,600
Micro-location	this home 0.0436 · comparable 0.0644	−$17,806
Distance to beach	this home 7.51 km · comparable 6.34 km	−$13,522
Year built	this home 2009 · comparable 2003	+$8,856
Land size	this home 784 m² · comparable 913 m²	−$1,841
Net adjustment		−$487,200

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

10 Palomar Street Reedy Creek

Sold 23 January 2026 · 0.20 km away

Sold for

$1,565,000

Adjusted to this home

$1,263,782

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Floor area	this home 116 m² · comparable 179.14 m²	−$163,244
Bedrooms	this home 3 · comparable 4	−$86,103
Storeys	this home 1 · comparable 2	−$39,138
Micro-location	this home 0.0436 · comparable 0.0536	−$12,250
Distance to beach	this home 7.51 km · comparable 7.31 km	−$3,308
Year built	this home 2009 · comparable 2008	+$2,348
Land size	this home 784 m² · comparable 763 m²	+$477
Net adjustment		−$301,218

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

14 Gordonia Drive

Sold 2.20 km away

Sold for

$1,595,000

Adjusted to this home

$1,178,422

What we added and subtracted to make this sale comparable to 101 Observatory Drive
Floor area	this home 116 m² · comparable 267 m²	−$249,563
Condition	this home 8 · comparable 9	−$59,858
Bedrooms	this home 3 · comparable 4	−$55,041
Pool	this home 0 · comparable 1	−$40,030
Micro-location	this home 0.0436 · comparable 0.0034	+$32,083
Storeys	this home 1 · comparable 2	−$25,018
Distance to beach	this home 7.51 km · comparable 5.54 km	−$22,326
Car spaces	this home 2 · comparable 3	−$20,015
Street	this home 0.0018 · comparable -0.0165	+$14,605
Year built	this home 2009 · comparable 2003	+$9,006
Land size	this home 784 m² · comparable 813 m²	−$421
Net adjustment		−$416,578

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 101 Observatory 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 101 Observatory Drive over the past 18 months, compared it with Reedy Creek’s wider market, and examined the indicators most likely to reveal what happens next.

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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

101 Observatory Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

4 Callicarpa Street

42 Gordonia Drive

29 Gordonia Drive

10 Panorama Drive

13 Golden Grove Boulevard Reedy Creek

19 Grove Creek Close

10 Palomar Street Reedy Creek

14 Gordonia Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 101 Observatory Drive sit?

Your home

See your home the way a buyer does

14 Grove Creek Close

34 Willow Tree Drive

9 Southern Skies Avenue

41 Heights Drive

12 Grove Creek Close

14 Worchester Terrace

14 Gordonia Drive

148 Barden Ridge Road

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields