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.

26 Bluebird Lane

Sold 27 February 2026 · 1.03 km away

Sold for

$2,065,000

Adjusted to this home

$2,067,950

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Street	this home 0.0018 · comparable 0.1091	−$177,259
Floor area	this home 325 m² · comparable 275 m²	+$152,520
Bedrooms	this home 5 · comparable 4	+$88,000
Micro-location	this home 0.0244 · comparable 0.0508	−$43,613
Year built	this home 2004 · comparable 2018	−$33,600
Distance to beach	this home 6.6 km · comparable 7.19 km	+$13,158
Land size	this home 720 m² · comparable 525 m²	+$3,744
Net adjustment		+$2,950

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

43 Worchester Terrace

Sold 23 April 2026 · 0.98 km away

Sold for

$2,020,000

Adjusted to this home

$2,142,326

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Floor area	this home 325 m² · comparable 259 m²	+$201,326
Bedrooms	this home 5 · comparable 4	+$88,000
Car spaces	this home 2 · comparable 4	−$64,000
Street	this home 0.0018 · comparable 0.0375	−$57,691
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0244 · comparable 0.036	−$18,746
Distance to beach	this home 6.6 km · comparable 7.45 km	+$18,544
Year built	this home 2004 · comparable 2007	−$7,200
Land size	this home 720 m² · comparable 611 m²	+$2,093
Net adjustment		+$122,326

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

19 Grove Creek Close

Sold 8 June 2026 · 0.31 km away

Sold for

$1,740,000

Adjusted to this home

$1,887,444

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Condition	this home 9 · comparable 7	+$174,000
Bedrooms	this home 5 · comparable 4	+$88,000
Micro-location	this home 0.0244 · comparable 0.0644	−$55,680
Street	this home 0.0018 · comparable 0.0394	−$52,339
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 325 m² · comparable 312 m²	+$39,655
Distance to beach	this home 6.6 km · comparable 6.34 km	−$4,886
Land size	this home 720 m² · comparable 913 m²	−$3,706
Year built	this home 2004 · comparable 2003	+$2,400
Net adjustment		+$147,444

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

21 York Creek Crescent Reedy Creek

Sold 23 December 2025 · 0.20 km away

Sold for

$1,800,000

Adjusted to this home

$1,926,586

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Floor area	this home 325 m² · comparable 281 m²	+$134,218
Bathrooms	this home 3 · comparable 2	+$60,000
Street	this home 0.0018 · comparable 0.0405	−$55,728
Micro-location	this home 0.0244 · comparable 0.0323	−$11,376
Year built	this home 2004 · comparable 2006	−$4,800
Distance to beach	this home 6.6 km · comparable 6.8 km	+$3,888
Land size	this home 720 m² · comparable 700 m²	+$384
Net adjustment		+$126,586

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

10 Gilgandra Close

Sold 6 August 2026 · 0.06 km away

Sold for

$1,850,000

Adjusted to this home

$1,761,907

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Car spaces	this home 2 · comparable 4	−$64,000
Street	this home 0.0018 · comparable 0.0211	−$28,564
Floor area	this home 325 m² · comparable 319 m²	+$18,302
Micro-location	this home 0.0244 · comparable 0.0336	−$13,616
Distance to beach	this home 6.6 km · comparable 6.57 km	−$599
Land size	this home 720 m² · comparable 700 m²	+$384
Net adjustment		−$88,093

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

20 Barton Street

Sold 10 June 2026 · 0.32 km away

Sold for

$1,907,500

Adjusted to this home

$2,053,182

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Floor area	this home 325 m² · comparable 274 m²	+$155,570
Street	this home 0.0018 · comparable 0.0503	−$74,011
Bathrooms	this home 3 · comparable 2	+$60,000
Cladding	this home 3 · comparable 1	+$40,000
Micro-location	this home 0.0244 · comparable 0.0488	−$37,234
Distance to beach	this home 6.6 km · comparable 6.76 km	+$3,296
Land size	this home 720 m² · comparable 821 m²	−$1,939
Net adjustment		+$145,682

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

21 Kirkwood Place

Sold 12 December 2025 · 1.22 km away

Sold for

$2,050,000

Adjusted to this home

$2,006,688

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Floor area	this home 325 m² · comparable 194.57 m²	+$397,864
Street	this home 0.0018 · comparable 0.15	−$243,048
Micro-location	this home 0.0244 · comparable 0.15	−$205,984
Bathrooms	this home 3 · comparable 2	+$60,000
Storeys	this home 1 · comparable 2	−$40,000
Year built	this home 2004 · comparable 2015	−$26,400
Distance to beach	this home 6.6 km · comparable 7.4 km	+$17,712
Land size	this home 720 m² · comparable 900 m²	−$3,456
Net adjustment		−$43,312

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

14 Gordonia Drive

Sold 1.11 km away

Sold for

$1,595,000

Adjusted to this home

$1,878,662

What we added and subtracted to make this sale comparable to 29 Observatory Drive
Floor area	this home 325 m² · comparable 267 m²	+$176,923
Bedrooms	this home 5 · comparable 4	+$88,000
Bathrooms	this home 3 · comparable 2	+$60,000
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Micro-location	this home 0.0244 · comparable 0.0034	+$26,796
Street	this home 0.0018 · comparable -0.0165	+$23,350
Distance to beach	this home 6.6 km · comparable 5.54 km	−$20,021
Year built	this home 2004 · comparable 2003	+$2,400
Land size	this home 720 m² · comparable 813 m²	−$1,786
Net adjustment		+$283,662

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 29 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 29 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

29 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

26 Bluebird Lane

43 Worchester Terrace

19 Grove Creek Close

21 York Creek Crescent Reedy Creek

10 Gilgandra Close

20 Barton Street

21 Kirkwood Place

14 Gordonia Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 29 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