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 · 0.43 km away

Sold for

$1,700,000

Adjusted to this home

$1,588,309

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Pool	this home 0 · comparable 1	−$64,000
Floor area	this home 254 m² · comparable 272 m²	−$48,067
Street	this home 0.0018 · comparable 0.0117	−$13,464
Micro-location	this home 0.0429 · comparable 0.0338	+$12,376
Distance to beach	this home 6.82 km · comparable 7.02 km	+$3,672
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 715 m² · comparable 700 m²	+$192
Net adjustment		−$111,691

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

2 Coffeebush Court

Sold 1 September 2026 · 1.21 km away

Sold for

$1,745,000

Adjusted to this home

$1,573,167

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Floor area	this home 254 m² · comparable 315 m²	−$162,894
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
Street	this home 0.0018 · comparable -0.0355	+$52,070
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.82 km · comparable 5.86 km	−$18,678
Micro-location	this home 0.0429 · comparable 0.032	+$15,216
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 715 m² · comparable 914 m²	−$2,547
Net adjustment		−$171,833

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

29 Gordonia Drive

Sold 1.24 km away

Sold for

$1,595,000

Adjusted to this home

$1,740,512

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Floor area	this home 254 m² · comparable 226 m²	+$74,771
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$63,800
Micro-location	this home 0.0429 · comparable 0.0116	+$39,939
Street	this home 0.0018 · comparable -0.0165	+$23,350
Cladding	this home 3 · comparable 2	+$20,000
Distance to beach	this home 6.82 km · comparable 5.73 km	−$19,810
Year built	this home 2005 · comparable 2001	+$9,600
Land size	this home 715 m² · comparable 882 m²	−$2,138
Net adjustment		+$145,512

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

10 Panorama Drive

Sold 12 March 2026 · 1.02 km away

Sold for

$1,575,000

Adjusted to this home

$1,706,125

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Floor area	this home 254 m² · comparable 141.23 m²	+$301,141
Street	this home 0.0018 · comparable 0.0851	−$104,958
Condition	this home 8 · comparable 9	−$94,500
Micro-location	this home 0.0429 · comparable 0.0022	+$51,282
Year built	this home 2005 · comparable 2013	−$19,200
Distance to beach	this home 6.82 km · comparable 6.57 km	−$4,253
Land size	this home 715 m² · comparable 589 m²	+$1,613
Net adjustment		+$131,125

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

43 Worchester Terrace

Sold 23 April 2026 · 0.66 km away

Sold for

$2,020,000

Adjusted to this home

$1,621,182

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Condition	this home 8 · comparable 9	−$121,200
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 0 · comparable 1	−$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
Distance to beach	this home 6.82 km · comparable 7.45 km	+$13,744
Floor area	this home 254 m² · comparable 259 m²	−$13,352
Micro-location	this home 0.0429 · comparable 0.036	+$11,150
Year built	this home 2005 · comparable 2007	−$4,800
Land size	this home 715 m² · comparable 611 m²	+$1,331
Net adjustment		−$398,818

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

11 Koolang Crescent Reedy Creek

Sold 27 November 2025 · 0.31 km away

Sold for

$1,748,000

Adjusted to this home

$1,660,619

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Floor area	this home 254 m² · comparable 187.28 m²	+$178,169
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
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0429 · comparable 0.0297	+$18,459
Distance to beach	this home 6.82 km · comparable 7.08 km	+$4,908
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 715 m² · comparable 728 m²	−$166
Net adjustment		−$87,381

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 · 0.66 km away

Sold for

$1,565,000

Adjusted to this home

$1,711,977

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Floor area	this home 254 m² · comparable 179.14 m²	+$199,906
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0429 · comparable 0.0536	−$13,397
Distance to beach	this home 6.82 km · comparable 7.31 km	+$8,282
Year built	this home 2005 · comparable 2008	−$7,200
Land size	this home 715 m² · comparable 763 m²	−$614
Net adjustment		+$146,977

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

14 Gordonia Drive

Sold 1.40 km away

Sold for

$1,595,000

Adjusted to this home

$1,382,073

What we added and subtracted to make this sale comparable to 59 Observatory Drive
Condition	this home 8 · comparable 9	−$95,700
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0429 · comparable 0.0034	+$50,402
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 254 m² · comparable 267 m²	−$34,715
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 6.82 km · comparable 5.54 km	−$23,810
Street	this home 0.0018 · comparable -0.0165	+$23,350
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 715 m² · comparable 813 m²	−$1,254
Net adjustment		−$212,927

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 59 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 59 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

59 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

2 Coffeebush Court

29 Gordonia Drive

10 Panorama Drive

43 Worchester Terrace

11 Koolang Crescent Reedy Creek

10 Palomar Street Reedy Creek

14 Gordonia Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 59 Observatory Drive sit?

Your home

See your home the way a buyer does

32 Grove Creek Close

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