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 Stargate Court

Sold 26 May 2026 · 0.45 km away

Sold for

$1,700,000

Adjusted to this home

$1,560,506

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Floor area	this home 214 m² · comparable 272 m²	−$138,040
Street	this home 0.0018 · comparable 0.0117	−$13,464
Micro-location	this home 0.0398 · comparable 0.0338	+$8,160
Distance to beach	this home 6.69 km · comparable 7.02 km	+$6,058
Year built	this home 2004 · comparable 2006	−$4,800
Land size	this home 808 m² · comparable 700 m²	+$2,592
Net adjustment		−$139,494

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

10 Panorama Drive

Sold 12 March 2026 · 1.06 km away

Sold for

$1,575,000

Adjusted to this home

$1,641,725

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Floor area	this home 214 m² · comparable 141.23 m²	+$173,193
Street	this home 0.0018 · comparable 0.0851	−$104,958
Condition	this home 8 · comparable 9	−$94,500
Pool	this home 1 · comparable 0	+$64,000
Micro-location	this home 0.0398 · comparable 0.0022	+$47,376
Year built	this home 2004 · comparable 2013	−$21,600
Land size	this home 808 m² · comparable 589 m²	+$5,256
Distance to beach	this home 6.69 km · comparable 6.57 km	−$2,042
Net adjustment		+$66,725

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

2 Coffeebush Court

Sold 1 September 2026 · 1.07 km away

Sold for

$1,745,000

Adjusted to this home

$1,555,406

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Floor area	this home 214 m² · comparable 315 m²	−$240,380
Bedrooms	this home 4 · comparable 5	−$88,000
Condition	this home 8 · comparable 7	+$69,800
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 6.69 km · comparable 5.86 km	−$16,229
Micro-location	this home 0.0398 · comparable 0.032	+$10,889
Year built	this home 2004 · comparable 2002	+$4,800
Land size	this home 808 m² · comparable 914 m²	−$2,544
Net adjustment		−$189,594

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

29 Gordonia Drive

Sold 1.10 km away

Sold for

$1,595,000

Adjusted to this home

$1,697,427

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Condition	this home 8 · comparable 7	+$63,800
Micro-location	this home 0.0398 · comparable 0.0116	+$35,983
Floor area	this home 214 m² · comparable 226 m²	−$28,560
Street	this home 0.0018 · comparable -0.0165	+$23,350
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.69 km · comparable 5.73 km	−$17,570
Year built	this home 2004 · comparable 2001	+$7,200
Land size	this home 808 m² · comparable 882 m²	−$1,776
Net adjustment		+$102,427

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

42 Gordonia Drive

Sold 7 May 2026 · 1.09 km away

Sold for

$1,530,000

Adjusted to this home

$1,686,561

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Bedrooms	this home 4 · comparable 3	+$88,000
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 214 m² · comparable 235 m²	−$49,980
Micro-location	this home 0.0398 · comparable 0.0203	+$23,868
Street	this home 0.0018 · comparable -0.0165	+$22,399
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.69 km · comparable 5.77 km	−$16,046
Year built	this home 2004 · comparable 2002	+$4,800
Land size	this home 808 m² · comparable 828 m²	−$480
Net adjustment		+$156,561

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

10 Palomar Street Reedy Creek

Sold 23 January 2026 · 0.80 km away

Sold for

$1,565,000

Adjusted to this home

$1,656,648

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Floor area	this home 214 m² · comparable 179.14 m²	+$82,967
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0398 · comparable 0.0536	−$17,278
Distance to beach	this home 6.69 km · comparable 7.31 km	+$10,479
Year built	this home 2004 · comparable 2008	−$9,600
Land size	this home 808 m² · comparable 763 m²	+$1,080
Net adjustment		+$91,648

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

11 Koolang Crescent Reedy Creek

Sold 27 November 2025 · 0.40 km away

Sold for

$1,748,000

Adjusted to this home

$1,607,849

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Condition	this home 8 · comparable 9	−$104,880
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
Floor area	this home 214 m² · comparable 187.28 m²	+$63,594
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0398 · comparable 0.0297	+$14,124
Distance to beach	this home 6.69 km · comparable 7.08 km	+$7,362
Year built	this home 2004 · comparable 2006	−$4,800
Land size	this home 808 m² · comparable 728 m²	+$1,920
Net adjustment		−$140,151

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

14 Gordonia Drive

Sold 1.26 km away

Sold for

$1,595,000

Adjusted to this home

$1,351,666

What we added and subtracted to make this sale comparable to 45 Observatory Drive
Floor area	this home 214 m² · comparable 267 m²	−$126,140
Condition	this home 8 · comparable 9	−$95,700
Micro-location	this home 0.0398 · comparable 0.0034	+$46,446
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Street	this home 0.0018 · comparable -0.0165	+$23,350
Distance to beach	this home 6.69 km · comparable 5.54 km	−$21,570
Year built	this home 2004 · comparable 2003	+$2,400
Land size	this home 808 m² · comparable 813 m²	−$120
Net adjustment		−$243,334

A further 9 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 45 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 45 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

45 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

10 Stargate Court

10 Panorama Drive

2 Coffeebush Court

29 Gordonia Drive

42 Gordonia Drive

10 Palomar Street Reedy Creek

11 Koolang Crescent Reedy Creek

14 Gordonia Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 45 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

41 Heights Drive

12 Grove Creek Close

14 Worchester Terrace

14 Gordonia Drive

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields