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 · 1.95 km away

Sold for

$1,420,000

Adjusted to this home

$1,381,776

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Condition	this home 6 · comparable 8	−$113,600
Bedrooms	this home 4 · comparable 3	+$88,000
Floor area	this home 168 m² · comparable 190 m²	−$62,392
Micro-location	this home 0.0483 · comparable 0.0071	+$46,803
Distance to beach	this home 7.5 km · comparable 5.81 km	−$26,566
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 1999	+$19,200
Land size	this home 510 m² · comparable 687 m²	−$5,239
Street	this home 0.0018 · comparable 0.0057	−$4,430
Net adjustment		−$38,224

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

13 Golden Grove Boulevard Reedy Creek

Sold 17 November 2025 · 1.30 km away

Sold for

$1,335,000

Adjusted to this home

$1,322,161

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Floor area	this home 168 m² · comparable 90.88 m²	+$218,712
Condition	this home 6 · comparable 9	−$186,900
Street	this home 0.0018 · comparable 0.0443	−$45,390
Cladding	this home 3 · comparable 1	+$40,000
Micro-location	this home 0.0483 · comparable 0.0673	−$20,292
Distance to beach	this home 7.5 km · comparable 6.79 km	−$10,237
Land size	this home 510 m² · comparable 805 m²	−$8,732
Net adjustment		−$12,839

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

42 Gordonia Drive

Sold 7 May 2026 · 2.01 km away

Sold for

$1,530,000

Adjusted to this home

$1,355,415

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Floor area	this home 168 m² · comparable 235 m²	−$190,012
Condition	this home 6 · comparable 8	−$122,400
Bedrooms	this home 4 · comparable 3	+$88,000
Micro-location	this home 0.0483 · comparable 0.0203	+$34,272
Distance to beach	this home 7.5 km · comparable 5.77 km	−$29,431
Street	this home 0.0018 · comparable -0.0165	+$22,399
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 2002	+$12,000
Land size	this home 510 m² · comparable 828 m²	−$9,413
Net adjustment		−$174,585

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

29 Gordonia Drive

Sold 2.01 km away

Sold for

$1,595,000

Adjusted to this home

$1,364,758

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Floor area	this home 168 m² · comparable 226 m²	−$164,488
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 6 · comparable 7	−$63,800
Micro-location	this home 0.0483 · comparable 0.0116	+$46,830
Distance to beach	this home 7.5 km · comparable 5.73 km	−$31,523
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
Land size	this home 510 m² · comparable 882 m²	−$11,011
Net adjustment		−$230,242

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

10 Panorama Drive

Sold 12 March 2026 · 1.15 km away

Sold for

$1,575,000

Adjusted to this home

$1,350,991

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Condition	this home 6 · comparable 9	−$220,500
Street	this home 0.0018 · comparable 0.0851	−$104,958
Floor area	this home 168 m² · comparable 141.23 m²	+$75,920
Micro-location	this home 0.0483 · comparable 0.0022	+$58,086
Distance to beach	this home 7.5 km · comparable 6.57 km	−$15,819
Year built	this home 2007 · comparable 2013	−$14,400
Land size	this home 510 m² · comparable 589 m²	−$2,338
Net adjustment		−$224,009

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

30 Tuckeroo Place Reedy Creek

Sold 20 January 2026 · 2.04 km away

Sold for

$1,310,000

Adjusted to this home

$1,237,640

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Street	this home 0.0018 · comparable -0.1207	+$128,380
Car spaces	this home 2 · comparable 6	−$128,000
Condition	this home 6 · comparable 8	−$104,800
Micro-location	this home 0.0483 · comparable -0.0464	+$99,246
Floor area	this home 168 m² · comparable 191.26 m²	−$65,966
Distance to beach	this home 7.5 km · comparable 5.52 km	−$29,522
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 2001	+$14,400
Land size	this home 510 m² · comparable 716 m²	−$6,098
Net adjustment		−$72,360

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

43 Worchester Terrace

Sold 23 April 2026 · 0.17 km away

Sold for

$2,020,000

Adjusted to this home

$1,373,602

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Condition	this home 6 · comparable 9	−$225,466
Floor area	this home 168 m² · comparable 259 m²	−$205,755
Car spaces	this home 2 · comparable 4	−$51,025
Pool	this home 0 · comparable 1	−$51,025
Bathrooms	this home 2 · comparable 3	−$47,836
Street	this home 0.0018 · comparable 0.0375	−$45,995
Storeys	this home 1 · comparable 2	−$31,890
Micro-location	this home 0.0483 · comparable 0.036	+$15,847
Land size	this home 510 m² · comparable 611 m²	−$2,383
Distance to beach	this home 7.5 km · comparable 7.45 km	−$870
Net adjustment		−$646,398

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 · 0.21 km away

Sold for

$1,565,000

Adjusted to this home

$1,348,472

What we added and subtracted to make this sale comparable to 112 Observatory Drive
Condition	this home 6 · comparable 8	−$125,200
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 168 m² · comparable 179.14 m²	−$31,593
Land size	this home 510 m² · comparable 763 m²	−$7,489
Micro-location	this home 0.0483 · comparable 0.0536	−$6,635
Distance to beach	this home 7.5 km · comparable 7.31 km	−$3,211
Year built	this home 2007 · comparable 2008	−$2,400
Net adjustment		−$216,528

A further 10 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 112 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 112 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

112 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

13 Golden Grove Boulevard Reedy Creek

42 Gordonia Drive

29 Gordonia Drive

10 Panorama Drive

30 Tuckeroo Place Reedy Creek

43 Worchester Terrace

10 Palomar Street Reedy Creek

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 112 Observatory Drive sit?

Your home

See your home the way a buyer does

30 Snowwood Street

58 Panorama Drive

15 Palma Crescent

14 Grove Creek Close

34 Willow Tree Drive

41 Heights Drive

12 Grove Creek Close

9 Southern Skies Avenue

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields