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Private property report · Updated Sunday 18 October 2026
Aerial view of 15 Observatory Drive, Reedy Creek QLD 4227
15 Observatory Drive, Reedy Creek QLD 4227
A living map — drive times, sold comps & your commute

15 Observatory Drive

Reedy Creek, QLD
1,194 m² land4 bedrooms2 bathrooms247 m² floor

Last recorded sale: $615,000 in April 2006.

Houses for sale nearby

8 nearbyReedy Creek first, nearest first
10 Wyllie Way, Reedy Creek, QLD 4227
4 · 2 · 2 · 763 m²
Offers from $1,400,000
310 m away
12 Grove Creek Close, Reedy Creek, QLD 4227
4 · 2 · 2 · 1100 m²
OFFERS OVER $1,799,000
320 m away
14 Grove Creek Close, Reedy Creek, QLD 4227
5 · 3 · 2 · 1198 m²
$1,700,000 - $1,800,000 CONSIDERED
330 m away
29 Gordonia Drive, Reedy Creek, QLD 4227
4 · 2 · 2 · 882 m²
$1,595,000
440 m away
19 Fiddlewood Place, Reedy Creek, QLD 4227
4 · 2 · 2 · 475 m²
Contact agent
490 m away
9 Gordonia Drive, Reedy Creek, QLD 4227
5 · 2 · 2 · 760 m²
Price Adjustment | Offers over $1,679,000
540 m away
14 Gordonia Drive, Reedy Creek, QLD 4227
4 · 2 · 3 · 813 m²
$1,595,000
600 m away
18 Wollemi Court, Reedy Creek, QLD 4227
4 · 2 · 2 · 773 m²
CONTACT AGENT
640 m away

New listings & latest sales

3 listed in the last 7 days · 3 latest salesin Reedy Creek or within 3 km
Just listed
4 Aquarius Street, Reedy Creek, QLD 4227
4 · 2 · 4
Expressions of Interest
Listed 2d ago · 1.0 km away
Sold
22 Kingcrest Drive, Reedy Creek, QLD 4227
5 · 3
$1,825,000
Sold Oct 2026 · 1.1 km away
Just listed
4 Sormano Street, Reedy Creek, QLD 4227
5 · 2 · 2
$1,830,000
Listed 2d ago · 1.5 km away
Sold
34 Coronata Place, Reedy Creek, QLD 4227
5 · 4
$2,218,888
Sold Oct 2026 · 1.0 km away
Just listed
26 Snowwood Street, Reedy Creek, QLD 4227
4 · 2 · 2
$1,349,000
Listed 3d ago · 820 m away
Sold
6 Everstar Street, Reedy Creek, QLD 4227
4 · 2
$1,325,000
Sold Oct 2026 · 1.3 km away

Where your competition sits

8 competing houses nearby

Your valuation

Comparable range

$1,387,617 – $1,831,912

8 adjusted comparable sales · 8 verified · 34 of 38 candidate sales verified · band ±13.8% measured on 210 sales · recomputed 13 October 2026

The 8 sales behind that range — and every adjustment

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.

28 Cordyline Drive

Sold 7 May 2026 · 0.74 km away

Sold for

$1,660,000

Adjusted to this home

$1,627,479

29 Gordonia Drive

Sold 0.44 km away

Sold for

$1,595,000

Adjusted to this home

$1,649,475

2 Coffeebush Court

Sold 1 September 2026 · 0.45 km away

Sold for

$1,745,000

Adjusted to this home

$1,717,061

17 Possumwood Place Reedy Creek

Sold 2 February 2026 · 0.81 km away

Sold for

$1,680,000

Adjusted to this home

$1,676,879

10 Panorama Drive

Sold 12 March 2026 · 1.35 km away

Sold for

$1,575,000

Adjusted to this home

$1,636,838

10 Stargate Court

Sold 26 May 2026 · 0.93 km away

Sold for

$1,700,000

Adjusted to this home

$1,642,618

42 Gordonia Drive

Sold 7 May 2026 · 0.45 km away

Sold for

$1,530,000

Adjusted to this home

$1,687,756

14 Gordonia Drive

Sold 0.60 km away

Sold for

$1,595,000

Adjusted to this home

$1,565,722

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
“Prices are holding for now, but we need to be watching inflation, household spending, and wage growth as leading indicators of where the market moves next.”
Will SimpsonFields Real Estate
Your market update

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 15 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 15 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 cover

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 cover

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