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.

19 Grove Creek Close

Sold 8 June 2026 · 1.05 km away

Sold for

$1,740,000

Adjusted to this home

$1,792,031

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Bedrooms	this home 5 · comparable 4	+$115,035
Pool	this home 0 · comparable 1	−$89,393
Micro-location	this home 0.0022 · comparable 0.0644	−$86,582
Condition	this home 8 · comparable 7	+$69,600
Year built	this home 2017 · comparable 2003	+$67,032
Street	this home 0.0851 · comparable 0.0394	+$63,614
Bathrooms	this home 2 · comparable 3	−$42,959
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 3 · comparable 2	+$28,458
Floor area	this home 260 m² · comparable 312 m²	−$26,832
Distance to beach	this home 6.61 km · comparable 6.34 km	−$5,074
Land size	this home 696 m² · comparable 913 m²	−$868
Net adjustment		+$52,031

A further 6 factors were compared and found the same on both properties, so no money moved.

4 Skyburnett Street Reedy Creek

Sold 11 December 2025 · 0.91 km away

Sold for

$1,855,000

Adjusted to this home

$1,789,352

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Bedrooms	this home 5 · comparable 4	+$115,035
Condition	this home 8 · comparable 9	−$111,300
Pool	this home 0 · comparable 1	−$89,393
Micro-location	this home 0.0022 · comparable 0.0558	−$79,542
Year built	this home 2017 · comparable 2007	+$47,880
Floor area	this home 260 m² · comparable 194.59 m²	+$33,751
Car spaces	this home 3 · comparable 2	+$28,458
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 6.61 km · comparable 7.2 km	+$11,820
Street	this home 0.0851 · comparable 0.0863	−$1,781
Land size	this home 696 m² · comparable 840 m²	−$576
Net adjustment		−$65,648

A further 7 factors were compared and found the same on both properties, so no money moved.

51 Observatory Drive

Sold 17 August 2026 · 1.00 km away

Sold for

$1,987,500

Adjusted to this home

$1,797,600

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Street	this home 0.0851 · comparable 0.0018	+$132,447
Condition	this home 8 · comparable 9	−$119,250
Pool	this home 0 · comparable 1	−$89,393
Floor area	this home 260 m² · comparable 409 m²	−$76,884
Year built	this home 2017 · comparable 2004	+$62,244
Micro-location	this home 0.0022 · comparable 0.0392	−$58,830
Bathrooms	this home 2 · comparable 3	−$42,959
Distance to beach	this home 6.61 km · comparable 6.75 km	+$3,005
Land size	this home 696 m² · comparable 766 m²	−$280
Net adjustment		−$189,900

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

10 Panorama Drive

Sold 12 March 2026 · 0.05 km away

Sold for

$1,575,000

Adjusted to this home

$1,704,178

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Bedrooms	this home 5 · comparable 4	+$115,035
Condition	this home 8 · comparable 9	−$94,500
Floor area	this home 260 m² · comparable 141.23 m²	+$61,286
Car spaces	this home 3 · comparable 2	+$28,458
Year built	this home 2017 · comparable 2013	+$19,152
Distance to beach	this home 6.61 km · comparable 6.57 km	−$681
Land size	this home 696 m² · comparable 589 m²	+$428
Net adjustment		+$129,178

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

43 Worchester Terrace

Sold 23 April 2026 · 1.15 km away

Sold for

$2,020,000

Adjusted to this home

$1,902,388

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Condition	this home 8 · comparable 9	−$121,200
Bedrooms	this home 5 · comparable 4	+$115,035
Pool	this home 0 · comparable 1	−$89,393
Street	this home 0.0851 · comparable 0.0375	+$76,922
Micro-location	this home 0.0022 · comparable 0.036	−$54,621
Year built	this home 2017 · comparable 2007	+$47,880
Bathrooms	this home 2 · comparable 3	−$42,959
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 3 · comparable 4	−$28,458
Distance to beach	this home 6.61 km · comparable 7.45 km	+$18,326
Floor area	this home 260 m² · comparable 259 m²	+$516
Land size	this home 696 m² · comparable 611 m²	+$340
Net adjustment		−$117,612

A further 6 factors were compared and found the same on both properties, so no money moved.

14 Gordonia Drive

Sold 1.79 km away

Sold for

$1,595,000

Adjusted to this home

$1,655,812

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Street	this home 0.0851 · comparable -0.0165	+$129,642
Bedrooms	this home 5 · comparable 4	+$115,035
Condition	this home 8 · comparable 9	−$95,700
Pool	this home 0 · comparable 1	−$89,393
Year built	this home 2017 · comparable 2003	+$67,032
Storeys	this home 1 · comparable 2	−$40,000
Distance to beach	this home 6.61 km · comparable 5.54 km	−$20,193
Floor area	this home 260 m² · comparable 267 m²	−$3,612
Micro-location	this home 0.0022 · comparable 0.0034	−$1,531
Land size	this home 696 m² · comparable 813 m²	−$468
Net adjustment		+$60,812

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

11 Koolang Crescent Reedy Creek

Sold 27 November 2025 · 1.23 km away

Sold for

$1,748,000

Adjusted to this home

$1,789,192

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Bedrooms	this home 5 · comparable 4	+$115,035
Condition	this home 8 · comparable 9	−$104,880
Year built	this home 2017 · comparable 2006	+$52,668
Storeys	this home 1 · comparable 2	−$40,000
Street	this home 0.0851 · comparable 0.0572	+$39,015
Micro-location	this home 0.0022 · comparable 0.0297	−$38,456
Floor area	this home 260 m² · comparable 187.28 m²	+$37,523
Car spaces	this home 3 · comparable 4	−$28,458
Distance to beach	this home 6.61 km · comparable 7.08 km	+$8,873
Land size	this home 696 m² · comparable 728 m²	−$128
Net adjustment		+$41,192

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

20 Barton Street

Sold 10 June 2026 · 0.96 km away

Sold for

$1,907,500

Adjusted to this home

$1,835,441

What we added and subtracted to make this sale comparable to 16 Panorama Drive
Condition	this home 8 · comparable 9	−$114,450
Pool	this home 0 · comparable 1	−$89,393
Micro-location	this home 0.0022 · comparable 0.0488	−$71,112
Cladding	this home 3 · comparable 1	+$63,723
Year built	this home 2017 · comparable 2004	+$62,244
Street	this home 0.0851 · comparable 0.0503	+$53,105
Car spaces	this home 3 · comparable 2	+$28,458
Floor area	this home 260 m² · comparable 274 m²	−$7,224
Distance to beach	this home 6.61 km · comparable 6.76 km	+$3,090
Land size	this home 696 m² · comparable 821 m²	−$500
Net adjustment		−$72,059

A further 8 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 Panorama 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 16 Panorama 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

16 Panorama Drive

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

19 Grove Creek Close

4 Skyburnett Street Reedy Creek

51 Observatory Drive

10 Panorama Drive

43 Worchester Terrace

14 Gordonia Drive

11 Koolang Crescent Reedy Creek

20 Barton Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 16 Panorama Drive sit?

Your home

See your home the way a buyer does

39 Meridien Avenue

26 Olympus Drive

14 Grove Creek Close

34 Willow Tree Drive

6 Corina Close

16 Konda Way

9 Southern Skies Avenue

178 Easthill Drive

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields