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 · 0.40 km away

Sold for

$1,530,000

Adjusted to this home

$1,526,719

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Condition	this home 7 · comparable 8	−$61,200
Bedrooms	this home 4 · comparable 3	+$38,810
Street	this home 0.0018 · comparable -0.0165	+$22,399
Cladding	this home 3 · comparable 2	+$20,024
Micro-location	this home 0.006 · comparable 0.0203	−$17,503
Distance to beach	this home 6.1 km · comparable 5.77 km	−$6,298
Floor area	this home 229 m² · comparable 235 m²	−$4,358
Land size	this home 1019 m² · comparable 828 m²	+$2,445
Year built	this home 2003 · comparable 2002	+$2,400
Net adjustment		−$3,281

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

4 Callicarpa Street

Sold 1 July 2026 · 0.34 km away

Sold for

$1,420,000

Adjusted to this home

$1,453,439

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Condition	this home 7 · comparable 8	−$56,800
Bedrooms	this home 4 · comparable 3	+$38,810
Floor area	this home 229 m² · comparable 190 m²	+$28,330
Cladding	this home 3 · comparable 2	+$20,024
Year built	this home 2003 · comparable 1999	+$9,600
Distance to beach	this home 6.1 km · comparable 5.81 km	−$5,095
Street	this home 0.0018 · comparable 0.0057	−$4,430
Land size	this home 1019 m² · comparable 687 m²	+$4,250
Micro-location	this home 0.006 · comparable 0.0071	−$1,250
Net adjustment		+$33,439

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

29 Gordonia Drive

Sold 0.41 km away

Sold for

$1,595,000

Adjusted to this home

$1,545,576

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Pool	this home 0 · comparable 1	−$86,978
Street	this home 0.0018 · comparable -0.0165	+$23,350
Cladding	this home 3 · comparable 2	+$20,024
Distance to beach	this home 6.1 km · comparable 5.73 km	−$7,407
Micro-location	this home 0.006 · comparable 0.0116	−$7,146
Year built	this home 2003 · comparable 2001	+$4,800
Floor area	this home 229 m² · comparable 226 m²	+$2,179
Land size	this home 1019 m² · comparable 882 m²	+$1,754
Net adjustment		−$49,424

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

28 Cordyline Drive

Sold 7 May 2026 · 0.74 km away

Sold for

$1,660,000

Adjusted to this home

$1,534,047

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Street	this home 0.0018 · comparable 0.0873	−$113,544
Micro-location	this home 0.006 · comparable -0.0141	+$26,693
Floor area	this home 229 m² · comparable 252 m²	−$16,707
Distance to beach	this home 6.1 km · comparable 5.37 km	−$15,598
Year built	this home 2003 · comparable 2007	−$9,600
Land size	this home 1019 m² · comparable 800 m²	+$2,803
Net adjustment		−$125,953

A further 12 factors were compared and found the same on both properties, so no money moved.

30 Tuckeroo Place Reedy Creek

Sold 20 January 2026 · 0.63 km away

Sold for

$1,310,000

Adjusted to this home

$1,412,771

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Street	this home 0.0018 · comparable -0.1207	+$128,380
Car spaces	this home 2 · comparable 6	−$74,525
Micro-location	this home 0.006 · comparable -0.0464	+$54,915
Condition	this home 7 · comparable 8	−$52,400
Floor area	this home 229 m² · comparable 191.26 m²	+$27,414
Cladding	this home 3 · comparable 2	+$20,024
Distance to beach	this home 6.1 km · comparable 5.52 km	−$9,715
Year built	this home 2003 · comparable 2001	+$4,800
Land size	this home 1019 m² · comparable 716 m²	+$3,878
Net adjustment		+$102,771

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

17 Possumwood Place Reedy Creek

Sold 2 February 2026 · 0.78 km away

Sold for

$1,680,000

Adjusted to this home

$1,505,673

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Pool	this home 0 · comparable 1	−$86,978
Condition	this home 7 · comparable 8	−$67,200
Bedrooms	this home 4 · comparable 5	−$38,810
Floor area	this home 229 m² · comparable 177.48 m²	+$37,424
Street	this home 0.0018 · comparable -0.0189	+$27,821
Car spaces	this home 2 · comparable 3	−$18,631
Distance to beach	this home 6.1 km · comparable 5.37 km	−$15,786
Micro-location	this home 0.006 · comparable 0.0114	−$7,258
Year built	this home 2003 · comparable 2006	−$7,200
Land size	this home 1019 m² · comparable 840 m²	+$2,291
Net adjustment		−$174,327

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

2 Coffeebush Court

Sold 1 September 2026 · 0.39 km away

Sold for

$1,745,000

Adjusted to this home

$1,640,890

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Floor area	this home 229 m² · comparable 315 m²	−$62,470
Street	this home 0.0018 · comparable -0.0355	+$52,070
Bedrooms	this home 4 · comparable 5	−$38,810
Car spaces	this home 2 · comparable 4	−$37,262
Micro-location	this home 0.006 · comparable 0.032	−$36,296
Cladding	this home 3 · comparable 2	+$20,024
Distance to beach	this home 6.1 km · comparable 5.86 km	−$5,110
Year built	this home 2003 · comparable 2002	+$2,400
Land size	this home 1019 m² · comparable 914 m²	+$1,344
Net adjustment		−$104,110

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

14 Gordonia Drive

Sold 0.58 km away

Sold for

$1,595,000

Adjusted to this home

$1,318,288

What we added and subtracted to make this sale comparable to 14 Observatory Drive
Condition	this home 7 · comparable 9	−$159,500
Pool	this home 0 · comparable 1	−$86,978
Floor area	this home 229 m² · comparable 267 m²	−$27,603
Street	this home 0.0018 · comparable -0.0165	+$23,350
Car spaces	this home 2 · comparable 3	−$18,631
Distance to beach	this home 6.1 km · comparable 5.54 km	−$11,407
Micro-location	this home 0.006 · comparable 0.0034	+$3,318
Land size	this home 1019 m² · comparable 813 m²	+$2,637
Storeys	this home 1 · comparable 2	−$1,898
Net adjustment		−$276,712

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 14 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 14 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

14 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

4 Callicarpa Street

29 Gordonia Drive

28 Cordyline Drive

30 Tuckeroo Place Reedy Creek

17 Possumwood Place Reedy Creek

2 Coffeebush Court

14 Gordonia Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 14 Observatory Drive sit?

Your home

See your home the way a buyer does

39 Meridien Avenue

14 Grove Creek Close

34 Willow Tree Drive

12 Grove Creek Close

9 Southern Skies Avenue

14 Worchester Terrace

14 Gordonia Drive

148 Barden Ridge Road

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields