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.

10 Gilgandra Close

Sold 6 August 2026 · 0.99 km away

Sold for

$1,850,000

Adjusted to this home

$2,024,830

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Bedrooms	this home 6 · comparable 5	+$115,035
Street	this home 0.0851 · comparable 0.0211	+$94,720
Car spaces	this home 2 · comparable 4	−$56,917
Year built	this home 2014 · comparable 2004	+$47,880
Cladding	this home 2 · comparable 3	−$31,862
Floor area	this home 330 m² · comparable 319 m²	+$5,676
Distance to beach	this home 6.66 km · comparable 6.57 km	−$1,798
Land size	this home 1076 m² · comparable 700 m²	+$1,504
Micro-location	this home 0.034 · comparable 0.0336	+$592
Net adjustment		+$174,830

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

51 Observatory Drive

Sold 17 August 2026 · 0.82 km away

Sold for

$1,987,500

Adjusted to this home

$2,176,682

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Street	this home 0.0851 · comparable 0.0018	+$132,447
Bedrooms	this home 6 · comparable 5	+$115,035
Year built	this home 2014 · comparable 2004	+$47,880
Floor area	this home 330 m² · comparable 409 m²	−$40,764
Cladding	this home 2 · comparable 3	−$31,862
Car spaces	this home 2 · comparable 3	−$28,458
Micro-location	this home 0.034 · comparable 0.0392	−$8,268
Distance to beach	this home 6.66 km · comparable 6.75 km	+$1,932
Land size	this home 1076 m² · comparable 766 m²	+$1,240
Net adjustment		+$189,182

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

48 Panorama Drive

Sold 25 July 2026 · 0.10 km away

Sold for

$2,482,500

Adjusted to this home

$2,179,004

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Bedrooms	this home 6 · comparable 7	−$115,035
Floor area	this home 330 m² · comparable 443 m²	−$58,308
Car spaces	this home 2 · comparable 4	−$56,917
Micro-location	this home 0.034 · comparable 0.0519	−$35,550
Cladding	this home 2 · comparable 3	−$31,862
Land size	this home 1076 m² · comparable 2599 m²	−$6,092
Distance to beach	this home 6.66 km · comparable 6.67 km	+$268
Net adjustment		−$303,496

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

4 Observatory Drive

Sold 16 April 2026 · 1.37 km away

Sold for

$1,850,000

Adjusted to this home

$2,056,193

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Street	this home 0.0851 · comparable 0.0018	+$123,284
Bedrooms	this home 6 · comparable 5	+$115,035
Car spaces	this home 2 · comparable 5	−$85,375
Micro-location	this home 0.034 · comparable -0.0083	+$62,604
Year built	this home 2014 · comparable 2005	+$43,092
Floor area	this home 330 m² · comparable 409 m²	−$40,764
Distance to beach	this home 6.66 km · comparable 6.01 km	−$12,987
Land size	this home 1076 m² · comparable 750 m²	+$1,304
Net adjustment		+$206,193

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 · 1.01 km away

Sold for

$1,800,000

Adjusted to this home

$2,060,618

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Bedrooms	this home 6 · comparable 5	+$115,035
Street	this home 0.0851 · comparable 0.0405	+$64,224
Bathrooms	this home 3 · comparable 2	+$42,959
Year built	this home 2014 · comparable 2006	+$38,304
Cladding	this home 2 · comparable 3	−$31,862
Floor area	this home 330 m² · comparable 281 m²	+$25,284
Distance to beach	this home 6.66 km · comparable 6.8 km	+$2,722
Micro-location	this home 0.034 · comparable 0.0323	+$2,448
Land size	this home 1076 m² · comparable 700 m²	+$1,504
Net adjustment		+$260,618

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

2 Coffeebush Court

Sold 1 September 2026 · 1.66 km away

Sold for

$1,745,000

Adjusted to this home

$2,067,408

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Street	this home 0.0851 · comparable -0.0355	+$168,358
Bedrooms	this home 6 · comparable 5	+$115,035
Year built	this home 2014 · comparable 2002	+$57,456
Car spaces	this home 2 · comparable 4	−$56,917
Bathrooms	this home 3 · comparable 2	+$42,959
Distance to beach	this home 6.66 km · comparable 5.86 km	−$15,663
Floor area	this home 330 m² · comparable 315 m²	+$7,740
Micro-location	this home 0.034 · comparable 0.032	+$2,792
Land size	this home 1076 m² · comparable 914 m²	+$648
Net adjustment		+$322,408

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

1 Abilene Place Reedy Creek

Sold 24 November 2025 · 1.67 km away

Sold for

$2,285,000

Adjusted to this home

$2,089,404

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Micro-location	this home 0.034 · comparable 0.15	−$212,048
Street	this home 0.0851 · comparable 0.15	−$118,637
Bedrooms	this home 6 · comparable 5	+$115,035
Floor area	this home 330 m² · comparable 202.42 m²	+$65,831
Car spaces	this home 2 · comparable 4	−$56,917
Storeys	this home 1 · comparable 2	−$40,000
Cladding	this home 2 · comparable 1	+$31,862
Year built	this home 2014 · comparable 2009	+$23,940
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 6.66 km · comparable 7.2 km	+$13,326
Land size	this home 1076 m² · comparable 573 m²	+$2,012
Net adjustment		−$195,596

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

20 Barton Street

Sold 10 June 2026 · 0.78 km away

Sold for

$1,907,500

Adjusted to this home

$2,207,732

What we added and subtracted to make this sale comparable to 38 Panorama Drive
Bedrooms	this home 6 · comparable 5	+$115,035
Street	this home 0.0851 · comparable 0.0503	+$53,105
Year built	this home 2014 · comparable 2004	+$47,880
Bathrooms	this home 3 · comparable 2	+$42,959
Cladding	this home 2 · comparable 1	+$31,862
Floor area	this home 330 m² · comparable 274 m²	+$28,896
Micro-location	this home 0.034 · comparable 0.0488	−$22,585
Distance to beach	this home 6.66 km · comparable 6.76 km	+$2,060
Land size	this home 1076 m² · comparable 821 m²	+$1,020
Net adjustment		+$300,232

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 38 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 38 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

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38 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

10 Gilgandra Close

51 Observatory Drive

48 Panorama Drive

4 Observatory Drive

21 York Creek Crescent Reedy Creek

2 Coffeebush Court

1 Abilene Place Reedy Creek

20 Barton Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 38 Panorama Drive sit?

Your home

See your home the way a buyer does

14 Grove Creek Close

34 Willow Tree Drive

6 Corina Close

16 Konda Way

9 Southern Skies Avenue

41 Heights Drive

12 Grove Creek Close

14 Worchester Terrace

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields