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 · 0.32 km away

Sold for

$1,740,000

Adjusted to this home

$1,653,823

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Micro-location	this home 0.0023 · comparable 0.0644	−$86,443
Street	this home 0.0018 · comparable 0.0394	−$52,339
Bedrooms	this home 5 · comparable 4	+$42,925
Car spaces	this home 3 · comparable 2	+$20,820
Storeys	this home 1 · comparable 2	−$10,538
Floor area	this home 302 m² · comparable 312 m²	−$8,576
Distance to beach	this home 6.12 km · comparable 6.34 km	+$4,134
Land size	this home 1153 m² · comparable 913 m²	+$3,840
Net adjustment		−$86,177

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

10 Panorama Drive

Sold 12 March 2026 · 1.33 km away

Sold for

$1,575,000

Adjusted to this home

$1,693,966

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Condition	this home 7 · comparable 9	−$157,500
Floor area	this home 302 m² · comparable 141.23 m²	+$137,876
Bathrooms	this home 3 · comparable 2	+$107,276
Street	this home 0.0018 · comparable 0.0851	−$104,958
Pool	this home 1 · comparable 0	+$79,723
Bedrooms	this home 5 · comparable 4	+$42,925
Year built	this home 2003 · comparable 2013	−$24,000
Car spaces	this home 3 · comparable 2	+$20,820
Land size	this home 1153 m² · comparable 589 m²	+$9,024
Distance to beach	this home 6.12 km · comparable 6.57 km	+$7,654
Micro-location	this home 0.0023 · comparable 0.0022	+$126
Net adjustment		+$118,966

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

21 York Creek Crescent Reedy Creek

Sold 23 December 2025 · 0.69 km away

Sold for

$1,800,000

Adjusted to this home

$1,680,445

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Condition	this home 7 · comparable 9	−$180,000
Bathrooms	this home 3 · comparable 2	+$107,276
Street	this home 0.0018 · comparable 0.0405	−$55,728
Micro-location	this home 0.0023 · comparable 0.0323	−$43,200
Car spaces	this home 3 · comparable 2	+$20,820
Floor area	this home 302 m² · comparable 281 m²	+$18,010
Distance to beach	this home 6.12 km · comparable 6.8 km	+$13,219
Land size	this home 1153 m² · comparable 700 m²	+$7,248
Year built	this home 2003 · comparable 2006	−$7,200
Net adjustment		−$119,555

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

4 Observatory Drive

Sold 16 April 2026 · 0.18 km away

Sold for

$1,850,000

Adjusted to this home

$1,831,458

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Floor area	this home 302 m² · comparable 409 m²	−$91,763
Pool	this home 1 · comparable 0	+$79,723
Car spaces	this home 3 · comparable 5	−$41,640
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0023 · comparable -0.0083	+$15,688
Land size	this home 1153 m² · comparable 750 m²	+$6,448
Year built	this home 2003 · comparable 2005	−$4,800
Distance to beach	this home 6.12 km · comparable 6.01 km	−$2,198
Net adjustment		−$18,542

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

10 Stargate Court

Sold 26 May 2026 · 0.90 km away

Sold for

$1,700,000

Adjusted to this home

$1,789,017

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Bathrooms	this home 3 · comparable 2	+$107,276
Condition	this home 7 · comparable 8	−$68,000
Bedrooms	this home 5 · comparable 4	+$42,925
Micro-location	this home 0.0023 · comparable 0.0338	−$42,840
Floor area	this home 302 m² · comparable 272 m²	+$25,728
Car spaces	this home 3 · comparable 2	+$20,820
Distance to beach	this home 6.12 km · comparable 7.02 km	+$16,524
Street	this home 0.0018 · comparable 0.0117	−$13,464
Land size	this home 1153 m² · comparable 700 m²	+$7,248
Year built	this home 2003 · comparable 2006	−$7,200
Net adjustment		+$89,017

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

14 Gordonia Drive

Sold 0.63 km away

Sold for

$1,595,000

Adjusted to this home

$1,620,814

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Condition	this home 7 · comparable 9	−$159,500
Bathrooms	this home 3 · comparable 2	+$107,276
Bedrooms	this home 5 · comparable 4	+$42,925
Floor area	this home 302 m² · comparable 267 m²	+$30,016
Street	this home 0.0018 · comparable -0.0165	+$23,350
Distance to beach	this home 6.12 km · comparable 5.54 km	−$11,752
Storeys	this home 1 · comparable 2	−$10,538
Land size	this home 1153 m² · comparable 813 m²	+$5,440
Micro-location	this home 0.0023 · comparable 0.0034	−$1,403
Net adjustment		+$25,814

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

11 Koolang Crescent Reedy Creek

Sold 27 November 2025 · 0.98 km away

Sold for

$1,748,000

Adjusted to this home

$1,772,086

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Condition	this home 7 · comparable 9	−$174,800
Bathrooms	this home 3 · comparable 2	+$107,276
Floor area	this home 302 m² · comparable 187.28 m²	+$98,384
Pool	this home 1 · comparable 0	+$79,723
Street	this home 0.0018 · comparable 0.0572	−$77,471
Bedrooms	this home 5 · comparable 4	+$42,925
Micro-location	this home 0.0023 · comparable 0.0297	−$38,316
Car spaces	this home 3 · comparable 4	−$20,820
Distance to beach	this home 6.12 km · comparable 7.08 km	+$18,123
Storeys	this home 1 · comparable 2	−$10,538
Year built	this home 2003 · comparable 2006	−$7,200
Land size	this home 1153 m² · comparable 728 m²	+$6,800
Net adjustment		+$24,086

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

20 Barton Street

Sold 10 June 2026 · 0.72 km away

Sold for

$1,907,500

Adjusted to this home

$1,779,986

What we added and subtracted to make this sale comparable to 17 Observatory Drive
Condition	this home 7 · comparable 9	−$190,750
Bathrooms	this home 3 · comparable 2	+$107,276
Street	this home 0.0018 · comparable 0.0503	−$74,011
Micro-location	this home 0.0023 · comparable 0.0488	−$70,959
Cladding	this home 3 · comparable 1	+$40,000
Floor area	this home 302 m² · comparable 274 m²	+$24,013
Car spaces	this home 3 · comparable 2	+$20,820
Distance to beach	this home 6.12 km · comparable 6.76 km	+$13,185
Land size	this home 1153 m² · comparable 821 m²	+$5,312
Year built	this home 2003 · comparable 2004	−$2,400
Net adjustment		−$127,514

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 17 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 17 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.

Your home

Locked

See your home the way a buyer does

Enter your address to unlock its comparable sales range, condition score and what else is for sale on your street.

No email or phone needed

My downloads

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.

📈

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

17 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

19 Grove Creek Close

10 Panorama Drive

21 York Creek Crescent Reedy Creek

4 Observatory Drive

10 Stargate Court

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 17 Observatory Drive sit?

Your home

See your home the way a buyer does

39 Meridien Avenue

14 Grove Creek Close

34 Willow Tree Drive

9 Southern Skies Avenue

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