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.

42 Gordonia Drive

Sold 7 May 2026 · 2.02 km away

Sold for

$1,530,000

Adjusted to this home

$1,461,826

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Floor area	this home 184 m² · comparable 235 m²	−$144,636
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 7.51 km · comparable 5.77 km	−$29,596
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		−$68,174

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

29 Gordonia Drive

Sold 2.03 km away

Sold for

$1,595,000

Adjusted to this home

$1,473,761

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Floor area	this home 184 m² · comparable 226 m²	−$119,112
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0483 · comparable 0.0116	+$46,830
Distance to beach	this home 7.51 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 2007 · comparable 2001	+$14,400
Land size	this home 510 m² · comparable 882 m²	−$11,011
Net adjustment		−$121,239

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

10 Panorama Drive

Sold 12 March 2026 · 1.16 km away

Sold for

$1,575,000

Adjusted to this home

$1,459,196

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Condition	this home 7 · comparable 9	−$157,500
Floor area	this home 184 m² · comparable 141.23 m²	+$121,296
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 7.51 km · comparable 6.57 km	−$15,990
Year built	this home 2007 · comparable 2013	−$14,400
Land size	this home 510 m² · comparable 589 m²	−$2,338
Net adjustment		−$115,804

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 · 2.05 km away

Sold for

$1,310,000

Adjusted to this home

$1,335,274

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Street	this home 0.0018 · comparable -0.1207	+$128,380
Car spaces	this home 2 · comparable 6	−$128,000
Micro-location	this home 0.0483 · comparable -0.0464	+$99,246
Condition	this home 7 · comparable 8	−$52,400
Distance to beach	this home 7.51 km · comparable 5.52 km	−$29,664
Floor area	this home 184 m² · comparable 191.26 m²	−$20,590
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		+$25,274

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

4 Callicarpa Street

Sold 1 July 2026 · 1.96 km away

Sold for

$1,420,000

Adjusted to this home

$1,483,800

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Bedrooms	this home 4 · comparable 3	+$88,000
Condition	this home 7 · comparable 8	−$56,800
Micro-location	this home 0.0483 · comparable 0.0071	+$46,803
Distance to beach	this home 7.51 km · comparable 5.81 km	−$26,718
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2007 · comparable 1999	+$19,200
Floor area	this home 184 m² · comparable 190 m²	−$17,016
Land size	this home 510 m² · comparable 687 m²	−$5,239
Street	this home 0.0018 · comparable 0.0057	−$4,430
Net adjustment		+$63,800

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 · 1.32 km away

Sold for

$1,335,000

Adjusted to this home

$1,420,793

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Floor area	this home 184 m² · comparable 90.88 m²	+$264,088
Condition	this home 7 · comparable 9	−$133,500
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 7.51 km · comparable 6.79 km	−$10,381
Land size	this home 510 m² · comparable 805 m²	−$8,732
Net adjustment		+$85,793

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

10 Palomar Street Reedy Creek

Sold 23 January 2026 · 0.22 km away

Sold for

$1,565,000

Adjusted to this home

$1,456,278

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Condition	this home 7 · comparable 8	−$62,600
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 184 m² · comparable 179.14 m²	+$13,783
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 7.51 km · comparable 7.31 km	−$3,381
Year built	this home 2007 · comparable 2008	−$2,400
Net adjustment		−$108,722

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 · 0.70 km away

Sold for

$1,748,000

Adjusted to this home

$1,396,266

What we added and subtracted to make this sale comparable to 114 Observatory Drive
Condition	this home 7 · comparable 9	−$174,800
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
Floor area	this home 184 m² · comparable 187.28 m²	−$9,302
Distance to beach	this home 7.51 km · comparable 7.08 km	−$8,118
Land size	this home 510 m² · comparable 728 m²	−$6,453
Year built	this home 2007 · comparable 2006	+$2,400
Net adjustment		−$351,734

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 114 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 114 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

114 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

42 Gordonia Drive

29 Gordonia Drive

10 Panorama Drive

30 Tuckeroo Place Reedy Creek

4 Callicarpa Street

13 Golden Grove Boulevard Reedy Creek

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 114 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