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.

2 Coffeebush Court

Sold 1 September 2026 · 1.19 km away

Sold for

$1,745,000

Adjusted to this home

$1,836,838

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Condition	this home 9 · comparable 7	+$174,500
Floor area	this home 255 m² · comparable 315 m²	−$160,224
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
Micro-location	this home 0.047 · comparable 0.032	+$20,940
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.8 km · comparable 5.86 km	−$18,302
Year built	this home 2004 · comparable 2002	+$4,800
Land size	this home 762 m² · comparable 914 m²	−$1,946
Net adjustment		+$91,838

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

19 Grove Creek Close

Sold 8 June 2026 · 0.46 km away

Sold for

$1,740,000

Adjusted to this home

$1,665,050

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Condition	this home 9 · comparable 7	+$174,000
Floor area	this home 255 m² · comparable 312 m²	−$152,213
Bedrooms	this home 5 · comparable 4	+$88,000
Bathrooms	this home 2 · comparable 3	−$60,000
Street	this home 0.0018 · comparable 0.0394	−$52,339
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.047 · comparable 0.0644	−$24,221
Distance to beach	this home 6.8 km · comparable 6.34 km	−$8,644
Year built	this home 2004 · comparable 2003	+$2,400
Land size	this home 762 m² · comparable 913 m²	−$1,933
Net adjustment		−$74,950

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

43 Worchester Terrace

Sold 23 April 2026 · 0.68 km away

Sold for

$2,020,000

Adjusted to this home

$1,902,317

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Bedrooms	this home 5 · comparable 4	+$88,000
Car spaces	this home 2 · comparable 4	−$64,000
Bathrooms	this home 2 · comparable 3	−$60,000
Street	this home 0.0018 · comparable 0.0375	−$57,691
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.047 · comparable 0.036	+$17,776
Distance to beach	this home 6.8 km · comparable 7.45 km	+$14,181
Floor area	this home 255 m² · comparable 259 m²	−$10,682
Year built	this home 2004 · comparable 2007	−$7,200
Land size	this home 762 m² · comparable 611 m²	+$1,933
Net adjustment		−$117,683

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

10 Monserrat Court

Sold 3 January 2026 · 0.87 km away

Sold for

$1,825,000

Adjusted to this home

$1,832,081

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Condition	this home 9 · comparable 7	+$182,500
Street	this home 0.0018 · comparable 0.0831	−$118,698
Micro-location	this home 0.047 · comparable 0.1157	−$100,302
Pool	this home 1 · comparable 0	+$64,000
Floor area	this home 255 m² · comparable 260 m²	−$13,352
Year built	this home 2004 · comparable 2009	−$12,000
Distance to beach	this home 6.8 km · comparable 7.01 km	+$4,139
Land size	this home 762 m² · comparable 700 m²	+$794
Net adjustment		+$7,081

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

10 Stargate Court

Sold 26 May 2026 · 0.44 km away

Sold for

$1,700,000

Adjusted to this home

$1,849,124

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Condition	this home 9 · comparable 8	+$102,000
Bedrooms	this home 5 · comparable 4	+$88,000
Floor area	this home 255 m² · comparable 272 m²	−$45,397
Micro-location	this home 0.047 · comparable 0.0338	+$17,952
Street	this home 0.0018 · comparable 0.0117	−$13,464
Year built	this home 2004 · comparable 2006	−$4,800
Distance to beach	this home 6.8 km · comparable 7.02 km	+$4,039
Land size	this home 762 m² · comparable 700 m²	+$794
Net adjustment		+$149,124

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

21 York Creek Crescent Reedy Creek

Sold 23 December 2025 · 0.21 km away

Sold for

$1,800,000

Adjusted to this home

$1,692,004

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Floor area	this home 255 m² · comparable 281 m²	−$69,430
Street	this home 0.0018 · comparable 0.0405	−$55,728
Micro-location	this home 0.047 · comparable 0.0323	+$21,168
Year built	this home 2004 · comparable 2006	−$4,800
Land size	this home 762 m² · comparable 700 m²	+$794
Net adjustment		−$107,996

A further 13 factors were compared and found the same on both properties, so no money moved.

20 Barton Street

Sold 10 June 2026 · 0.05 km away

Sold for

$1,907,500

Adjusted to this home

$1,818,425

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Street	this home 0.0018 · comparable 0.0503	−$74,011
Floor area	this home 255 m² · comparable 274 m²	−$50,738
Cladding	this home 3 · comparable 1	+$40,000
Micro-location	this home 0.047 · comparable 0.0488	−$2,747
Distance to beach	this home 6.8 km · comparable 6.76 km	−$824
Land size	this home 762 m² · comparable 821 m²	−$755
Net adjustment		−$89,075

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

14 Gordonia Drive

Sold 1.38 km away

Sold for

$1,595,000

Adjusted to this home

$1,636,220

What we added and subtracted to make this sale comparable to 57 Observatory Drive
Bedrooms	this home 5 · comparable 4	+$88,000
Micro-location	this home 0.047 · comparable 0.0034	+$55,634
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 255 m² · comparable 267 m²	−$32,045
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 6.8 km · comparable 5.54 km	−$23,466
Street	this home 0.0018 · comparable -0.0165	+$23,350
Year built	this home 2004 · comparable 2003	+$2,400
Land size	this home 762 m² · comparable 813 m²	−$653
Net adjustment		+$41,220

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 57 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 57 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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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

57 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

2 Coffeebush Court

19 Grove Creek Close

43 Worchester Terrace

10 Monserrat Court

10 Stargate Court

21 York Creek Crescent Reedy Creek

20 Barton Street

14 Gordonia Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 57 Observatory Drive sit?

Your home

See your home the way a buyer does

41 Heights Drive

14 Worchester Terrace

14 Gordonia Drive

34 Coronata Place

148 Barden Ridge Road

25 Culgoora Crescent

26 Protea Ct

42 Cordyline Drive

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields