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 · 1.29 km away

Sold for

$1,660,000

Adjusted to this home

$1,593,352

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Street	this home 0.0018 · comparable 0.0873	−$113,544
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.0291 · comparable -0.0141	+$57,370
Floor area	this home 236 m² · comparable 252 m²	−$42,688
Distance to beach	this home 6.62 km · comparable 5.37 km	−$24,920
Year built	this home 2005 · comparable 2007	−$4,800
Land size	this home 737 m² · comparable 800 m²	−$2,066
Net adjustment		−$66,648

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

29 Gordonia Drive

Sold 0.98 km away

Sold for

$1,595,000

Adjusted to this home

$1,675,839

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Floor area	this home 236 m² · comparable 226 m²	+$26,680
Street	this home 0.0018 · comparable -0.0165	+$23,350
Micro-location	this home 0.0291 · comparable 0.0116	+$22,330
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.62 km · comparable 5.73 km	−$16,365
Year built	this home 2005 · comparable 2001	+$9,600
Land size	this home 737 m² · comparable 882 m²	−$4,756
Net adjustment		+$80,839

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

10 Stargate Court

Sold 26 May 2026 · 0.45 km away

Sold for

$1,700,000

Adjusted to this home

$1,522,254

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Floor area	this home 236 m² · comparable 272 m²	−$96,048
Condition	this home 7 · comparable 8	−$68,000
Street	this home 0.0018 · comparable 0.0117	−$13,464
Distance to beach	this home 6.62 km · comparable 7.02 km	+$7,344
Micro-location	this home 0.0291 · comparable 0.0338	−$6,392
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 737 m² · comparable 700 m²	+$1,214
Net adjustment		−$177,746

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

10 Panorama Drive

Sold 12 March 2026 · 1.15 km away

Sold for

$1,575,000

Adjusted to this home

$1,648,086

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Floor area	this home 236 m² · comparable 141.23 m²	+$252,846
Condition	this home 7 · comparable 9	−$157,500
Street	this home 0.0018 · comparable 0.0851	−$104,958
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.0291 · comparable 0.0022	+$33,894
Year built	this home 2005 · comparable 2013	−$19,200
Land size	this home 737 m² · comparable 589 m²	+$4,854
Distance to beach	this home 6.62 km · comparable 6.57 km	−$850
Net adjustment		+$73,086

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

2 Coffeebush Court

Sold 1 September 2026 · 0.94 km away

Sold for

$1,745,000

Adjusted to this home

$1,500,734

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Floor area	this home 236 m² · comparable 315 m²	−$210,772
Bedrooms	this home 4 · comparable 5	−$88,000
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 1 · comparable 0	+$64,000
Street	this home 0.0018 · comparable -0.0355	+$52,070
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.62 km · comparable 5.86 km	−$14,910
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 737 m² · comparable 914 m²	−$5,806
Micro-location	this home 0.0291 · comparable 0.032	−$4,048
Net adjustment		−$244,266

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

42 Gordonia Drive

Sold 7 May 2026 · 0.97 km away

Sold for

$1,530,000

Adjusted to this home

$1,665,963

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Bedrooms	this home 4 · comparable 3	+$88,000
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 7 · comparable 8	−$61,200
Street	this home 0.0018 · comparable -0.0165	+$22,399
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.62 km · comparable 5.77 km	−$14,890
Micro-location	this home 0.0291 · comparable 0.0203	+$10,771
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 737 m² · comparable 828 m²	−$2,985
Floor area	this home 236 m² · comparable 235 m²	+$2,668
Net adjustment		+$135,963

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

10 Palomar Street Reedy Creek

Sold 23 January 2026 · 0.93 km away

Sold for

$1,565,000

Adjusted to this home

$1,651,037

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Floor area	this home 236 m² · comparable 179.14 m²	+$151,702
Pool	this home 1 · comparable 0	+$64,000
Condition	this home 7 · comparable 8	−$62,600
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0291 · comparable 0.0536	−$30,674
Distance to beach	this home 6.62 km · comparable 7.31 km	+$11,662
Year built	this home 2005 · comparable 2008	−$7,200
Land size	this home 737 m² · comparable 763 m²	−$853
Net adjustment		+$86,037

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 · 0.46 km away

Sold for

$1,748,000

Adjusted to this home

$1,591,454

What we added and subtracted to make this sale comparable to 37 Observatory Drive
Condition	this home 7 · comparable 9	−$174,800
Floor area	this home 236 m² · comparable 187.28 m²	+$129,985
Street	this home 0.0018 · comparable 0.0572	−$77,471
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$40,000
Distance to beach	this home 6.62 km · comparable 7.08 km	+$8,684
Year built	this home 2005 · comparable 2006	−$2,400
Micro-location	this home 0.0291 · comparable 0.0297	−$839
Land size	this home 737 m² · comparable 728 m²	+$295
Net adjustment		−$156,546

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 37 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 37 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

37 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

28 Cordyline Drive

29 Gordonia Drive

10 Stargate Court

10 Panorama Drive

2 Coffeebush Court

42 Gordonia Drive

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 37 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

34 Coronata Place

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields