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 · 1.32 km away

Sold for

$1,745,000

Adjusted to this home

$1,813,175

What we added and subtracted to make this sale comparable to 65 Observatory Drive
Condition	this home 9 · comparable 7	+$174,500
Floor area	this home 265 m² · comparable 315 m²	−$133,520
Bedrooms	this home 4 · comparable 5	−$88,000
Pool	this home 1 · comparable 0	+$64,000
Street	this home 0.0018 · comparable -0.0355	+$52,070
Car spaces	this home 3 · comparable 4	−$32,000
Micro-location	this home 0.05 · comparable 0.032	+$25,128
Distance to beach	this home 6.92 km · comparable 5.86 km	−$20,563
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 864 m² · comparable 914 m²	−$640
Net adjustment		+$68,175

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

43 Worchester Terrace

Sold 23 April 2026 · 0.55 km away

Sold for

$2,020,000

Adjusted to this home

$1,878,955

What we added and subtracted to make this sale comparable to 65 Observatory Drive
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
Car spaces	this home 3 · comparable 4	−$32,000
Micro-location	this home 0.05 · comparable 0.036	+$22,624
Floor area	this home 265 m² · comparable 259 m²	+$16,022
Distance to beach	this home 6.92 km · comparable 7.45 km	+$11,562
Year built	this home 2005 · comparable 2007	−$4,800
Land size	this home 864 m² · comparable 611 m²	+$3,238
Net adjustment		−$141,045

A further 9 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

$1,825,410

What we added and subtracted to make this sale comparable to 65 Observatory Drive
Condition	this home 9 · comparable 8	+$102,000
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.05 · comparable 0.0338	+$22,032
Floor area	this home 265 m² · comparable 272 m²	−$18,693
Street	this home 0.0018 · comparable 0.0117	−$13,464
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 864 m² · comparable 700 m²	+$2,099
Distance to beach	this home 6.92 km · comparable 7.02 km	+$1,836
Net adjustment		+$125,410

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

10 Monserrat Court

Sold 3 January 2026 · 0.91 km away

Sold for

$1,825,000

Adjusted to this home

$1,808,505

What we added and subtracted to make this sale comparable to 65 Observatory Drive
Condition	this home 9 · comparable 7	+$182,500
Street	this home 0.0018 · comparable 0.0831	−$118,698
Micro-location	this home 0.05 · comparable 0.1157	−$95,922
Bedrooms	this home 4 · comparable 5	−$88,000
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 3 · comparable 2	+$32,000
Floor area	this home 265 m² · comparable 260 m²	+$13,352
Year built	this home 2005 · comparable 2009	−$9,600
Land size	this home 864 m² · comparable 700 m²	+$2,099
Distance to beach	this home 6.92 km · comparable 7.01 km	+$1,774
Net adjustment		−$16,495

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 · 0.59 km away

Sold for

$1,740,000

Adjusted to this home

$1,641,381

What we added and subtracted to make this sale comparable to 65 Observatory Drive
Condition	this home 9 · comparable 7	+$174,000
Floor area	this home 265 m² · comparable 312 m²	−$125,509
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
Car spaces	this home 3 · comparable 2	+$32,000
Micro-location	this home 0.05 · comparable 0.0644	−$20,045
Distance to beach	this home 6.92 km · comparable 6.34 km	−$10,899
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 864 m² · comparable 913 m²	−$627
Net adjustment		−$98,619

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

23 Skyburnett Street

Sold 21 April 2026 · 0.43 km away

Sold for

$1,630,000

Adjusted to this home

$1,623,537

What we added and subtracted to make this sale comparable to 65 Observatory Drive
Street	this home 0.0018 · comparable 0.0863	−$110,188
Floor area	this home 265 m² · comparable 233 m²	+$85,453
Pool	this home 1 · comparable 0	+$64,000
Car spaces	this home 3 · comparable 4	−$32,000
Micro-location	this home 0.05 · comparable 0.0599	−$12,910
Year built	this home 2005 · comparable 2007	−$4,800
Distance to beach	this home 6.92 km · comparable 7.04 km	+$2,113
Land size	this home 864 m² · comparable 718 m²	+$1,869
Net adjustment		−$6,463

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

14 Gordonia Drive

Sold 1.51 km away

Sold for

$1,595,000

Adjusted to this home

$1,612,391

What we added and subtracted to make this sale comparable to 65 Observatory Drive
Micro-location	this home 0.05 · comparable 0.0034	+$59,462
Storeys	this home 1 · comparable 2	−$40,000
Distance to beach	this home 6.92 km · comparable 5.54 km	−$25,533
Street	this home 0.0018 · comparable -0.0165	+$23,350
Floor area	this home 265 m² · comparable 267 m²	−$5,341
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 864 m² · comparable 813 m²	+$653
Net adjustment		+$17,391

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

20 Barton Street

Sold 10 June 2026 · 0.16 km away

Sold for

$1,907,500

Adjusted to this home

$1,794,940

What we added and subtracted to make this sale comparable to 65 Observatory Drive
Bedrooms	this home 4 · comparable 5	−$88,000
Street	this home 0.0018 · comparable 0.0503	−$74,011
Cladding	this home 3 · comparable 1	+$40,000
Car spaces	this home 3 · comparable 2	+$32,000
Floor area	this home 265 m² · comparable 274 m²	−$24,034
Distance to beach	this home 6.92 km · comparable 6.76 km	−$3,296
Year built	this home 2005 · comparable 2004	+$2,400
Micro-location	this home 0.05 · comparable 0.0488	+$1,831
Land size	this home 864 m² · comparable 821 m²	+$550
Net adjustment		−$112,560

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 65 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 65 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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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

Will Simpson · 84 seconds

65 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

43 Worchester Terrace

10 Stargate Court

10 Monserrat Court

19 Grove Creek Close

23 Skyburnett Street

14 Gordonia Drive

20 Barton Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 65 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