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 1.14 km away

Sold for

$1,595,000

Adjusted to this home

$1,560,711

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Bedrooms	this home 3 · comparable 4	−$88,000
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$63,800
Micro-location	this home 0.0467 · comparable 0.0116	+$44,787
Land size	this home 773 m² · comparable 882 m²	−$23,980
Cladding	this home 3 · comparable 2	+$20,000
Floor area	this home 233 m² · comparable 226 m²	+$17,814
Distance to beach	this home 6.64 km · comparable 5.73 km	−$16,710
Year built	this home 2006 · comparable 2001	+$12,000
Net adjustment		−$34,289

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

42 Gordonia Drive

Sold 7 May 2026 · 1.15 km away

Sold for

$1,530,000

Adjusted to this home

$1,559,503

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Micro-location	this home 0.0467 · comparable 0.0203	+$32,314
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.64 km · comparable 5.77 km	−$15,221
Land size	this home 773 m² · comparable 828 m²	−$12,100
Year built	this home 2006 · comparable 2002	+$9,600
Floor area	this home 233 m² · comparable 235 m²	−$5,090
Net adjustment		+$29,503

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

28 Cordyline Drive

Sold 7 May 2026 · 1.40 km away

Sold for

$1,660,000

Adjusted to this home

$1,637,173

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Bedrooms	this home 3 · comparable 4	−$88,000
Micro-location	this home 0.0467 · comparable -0.0141	+$80,742
Condition	this home 8 · comparable 7	+$66,400
Floor area	this home 233 m² · comparable 252 m²	−$48,351
Distance to beach	this home 6.64 km · comparable 5.37 km	−$25,278
Land size	this home 773 m² · comparable 800 m²	−$5,940
Year built	this home 2006 · comparable 2007	−$2,400
Net adjustment		−$22,827

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

38 Gordonia Drive

Sold 17 February 2026 · 1.19 km away

Sold for

$1,590,000

Adjusted to this home

$1,550,825

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Bedrooms	this home 3 · comparable 4	−$88,000
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$63,600
Floor area	this home 233 m² · comparable 214 m²	+$48,351
Micro-location	this home 0.0467 · comparable 0.0228	+$30,401
Land size	this home 773 m² · comparable 887 m²	−$25,080
Distance to beach	this home 6.64 km · comparable 5.74 km	−$16,447
Year built	this home 2006 · comparable 2001	+$12,000
Net adjustment		−$39,175

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

10 Panorama Drive

Sold 12 March 2026 · 0.87 km away

Sold for

$1,575,000

Adjusted to this home

$1,704,596

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Floor area	this home 233 m² · comparable 141.23 m²	+$233,536
Condition	this home 8 · comparable 9	−$94,500
Bedrooms	this home 3 · comparable 4	−$88,000
Micro-location	this home 0.0467 · comparable 0.0022	+$56,070
Land size	this home 773 m² · comparable 589 m²	+$40,480
Year built	this home 2006 · comparable 2013	−$16,800
Distance to beach	this home 6.64 km · comparable 6.57 km	−$1,190
Net adjustment		+$129,596

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

10 Stargate Court

Sold 26 May 2026 · 0.62 km away

Sold for

$1,700,000

Adjusted to this home

$1,489,334

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Floor area	this home 233 m² · comparable 272 m²	−$99,247
Bedrooms	this home 3 · comparable 4	−$88,000
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0467 · comparable 0.0338	+$17,544
Land size	this home 773 m² · comparable 700 m²	+$16,060
Distance to beach	this home 6.64 km · comparable 7.02 km	+$6,977
Net adjustment		−$210,666

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 · 0.74 km away

Sold for

$1,565,000

Adjusted to this home

$1,574,149

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Floor area	this home 233 m² · comparable 179.14 m²	+$137,063
Bedrooms	this home 3 · comparable 4	−$88,000
Storeys	this home 1 · comparable 2	−$40,000
Distance to beach	this home 6.64 km · comparable 7.31 km	+$11,324
Micro-location	this home 0.0467 · comparable 0.0536	−$8,638
Year built	this home 2006 · comparable 2008	−$4,800
Land size	this home 773 m² · comparable 763 m²	+$2,200
Net adjustment		+$9,149

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 · 0.52 km away

Sold for

$1,748,000

Adjusted to this home

$1,609,447

What we added and subtracted to make this sale comparable to 16 Molonglo Close
Floor area	this home 233 m² · comparable 187.28 m²	+$116,348
Condition	this home 8 · comparable 9	−$104,880
Bedrooms	this home 3 · comparable 4	−$88,000
Car spaces	this home 2 · comparable 4	−$64,000
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0467 · comparable 0.0297	+$23,773
Land size	this home 773 m² · comparable 728 m²	+$9,900
Distance to beach	this home 6.64 km · comparable 7.08 km	+$8,306
Net adjustment		−$138,553

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 16 Molonglo Close 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 16 Molonglo Close 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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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

16 Molonglo Close

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

42 Gordonia Drive

28 Cordyline Drive

38 Gordonia Drive

10 Panorama Drive

10 Stargate Court

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 16 Molonglo Close sit?

Your home

See your home the way a buyer does

7 Ordino Court

4 Cordata Court

30 Snowwood Street

58 Panorama Drive

39 Meridien Avenue

15 Palma Crescent

14 Grove Creek Close

34 Willow Tree Drive

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields