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.

29 Gordonia Drive

Sold 1.98 km away

Sold for

$1,595,000

Adjusted to this home

$1,606,920

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0483 · comparable 0.0116	+$46,830
Distance to beach	this home 7.47 km · comparable 5.73 km	−$31,006
Street	this home 0.0018 · comparable -0.0165	+$23,350
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 2001	+$14,400
Floor area	this home 230 m² · comparable 226 m²	+$11,344
Land size	this home 578 m² · comparable 882 m²	−$8,998
Net adjustment		+$11,920

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

10 Panorama Drive

Sold 12 March 2026 · 1.14 km away

Sold for

$1,575,000

Adjusted to this home

$1,592,345

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Floor area	this home 230 m² · comparable 141.23 m²	+$251,752
Condition	this home 7 · comparable 9	−$157,500
Street	this home 0.0018 · comparable 0.0851	−$104,958
Micro-location	this home 0.0483 · comparable 0.0022	+$58,086
Distance to beach	this home 7.47 km · comparable 6.57 km	−$15,309
Year built	this home 2007 · comparable 2013	−$14,400
Land size	this home 578 m² · comparable 589 m²	−$326
Net adjustment		+$17,345

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

42 Gordonia Drive

Sold 7 May 2026 · 1.98 km away

Sold for

$1,530,000

Adjusted to this home

$1,594,956

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Bedrooms	this home 4 · comparable 3	+$88,000
Condition	this home 7 · comparable 8	−$61,200
Micro-location	this home 0.0483 · comparable 0.0203	+$34,272
Distance to beach	this home 7.47 km · comparable 5.77 km	−$28,935
Street	this home 0.0018 · comparable -0.0165	+$22,399
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 230 m² · comparable 235 m²	−$14,180
Year built	this home 2007 · comparable 2002	+$12,000
Land size	this home 578 m² · comparable 828 m²	−$7,400
Net adjustment		+$64,956

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

30 Tuckeroo Place Reedy Creek

Sold 20 January 2026 · 2.01 km away

Sold for

$1,310,000

Adjusted to this home

$1,468,309

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Street	this home 0.0018 · comparable -0.1207	+$128,380
Car spaces	this home 2 · comparable 6	−$128,000
Floor area	this home 230 m² · comparable 191.26 m²	+$109,866
Micro-location	this home 0.0483 · comparable -0.0464	+$99,246
Condition	this home 7 · comparable 8	−$52,400
Distance to beach	this home 7.47 km · comparable 5.52 km	−$29,098
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 2001	+$14,400
Land size	this home 578 m² · comparable 716 m²	−$4,085
Net adjustment		+$158,309

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

10 Stargate Court

Sold 26 May 2026 · 0.89 km away

Sold for

$1,700,000

Adjusted to this home

$1,445,671

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Floor area	this home 230 m² · comparable 272 m²	−$119,112
Condition	this home 7 · comparable 8	−$68,000
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0483 · comparable 0.0338	+$19,720
Street	this home 0.0018 · comparable 0.0117	−$13,464
Distance to beach	this home 7.47 km · comparable 7.02 km	−$8,262
Land size	this home 578 m² · comparable 700 m²	−$3,611
Year built	this home 2007 · comparable 2006	+$2,400
Net adjustment		−$254,329

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

43 Worchester Terrace

Sold 23 April 2026 · 0.15 km away

Sold for

$2,020,000

Adjusted to this home

$1,468,529

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Condition	this home 7 · comparable 9	−$202,000
Floor area	this home 230 m² · comparable 259 m²	−$82,244
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$64,000
Bathrooms	this home 2 · comparable 3	−$60,000
Street	this home 0.0018 · comparable 0.0375	−$57,691
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0483 · comparable 0.036	+$19,877
Land size	this home 578 m² · comparable 611 m²	−$977
Distance to beach	this home 7.47 km · comparable 7.45 km	−$436
Net adjustment		−$551,471

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

10 Palomar Street Reedy Creek

Sold 23 January 2026 · 0.19 km away

Sold for

$1,565,000

Adjusted to this home

$1,589,424

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Floor area	this home 230 m² · comparable 179.14 m²	+$144,239
Condition	this home 7 · comparable 8	−$62,600
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0483 · comparable 0.0536	−$6,635
Land size	this home 578 m² · comparable 763 m²	−$5,476
Distance to beach	this home 7.47 km · comparable 7.31 km	−$2,704
Year built	this home 2007 · comparable 2008	−$2,400
Net adjustment		+$24,424

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

11 Koolang Crescent Reedy Creek

Sold 27 November 2025 · 0.66 km away

Sold for

$1,748,000

Adjusted to this home

$1,529,491

What we added and subtracted to make this sale comparable to 108 Observatory Drive
Condition	this home 7 · comparable 9	−$174,800
Floor area	this home 230 m² · comparable 187.28 m²	+$121,154
Street	this home 0.0018 · comparable 0.0572	−$77,471
Car spaces	this home 2 · comparable 4	−$64,000
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0483 · comparable 0.0297	+$26,010
Distance to beach	this home 7.47 km · comparable 7.08 km	−$7,362
Land size	this home 578 m² · comparable 728 m²	−$4,440
Year built	this home 2007 · comparable 2006	+$2,400
Net adjustment		−$218,509

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 108 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 108 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

108 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

29 Gordonia Drive

10 Panorama Drive

42 Gordonia Drive

30 Tuckeroo Place Reedy Creek

10 Stargate Court

43 Worchester Terrace

10 Palomar Street Reedy Creek

11 Koolang Crescent Reedy Creek

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 108 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