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.

19 Grove Creek Close

Sold 8 June 2026 · 0.62 km away

Sold for

$1,740,000

Adjusted to this home

$1,707,927

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Bedrooms	this home 5 · comparable 4	+$88,000
Condition	this home 8 · comparable 7	+$69,600
Floor area	this home 287 m² · comparable 312 m²	−$66,760
Street	this home 0.0018 · comparable 0.0394	−$52,339
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0487 · comparable 0.0644	−$21,854
Distance to beach	this home 6.96 km · comparable 6.34 km	−$11,651
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 767 m² · comparable 913 m²	−$1,869
Net adjustment		−$32,073

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

43 Worchester Terrace

Sold 23 April 2026 · 0.53 km away

Sold for

$2,020,000

Adjusted to this home

$1,928,290

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Condition	this home 8 · comparable 9	−$121,200
Bedrooms	this home 5 · comparable 4	+$88,000
Floor area	this home 287 m² · comparable 259 m²	+$74,771
Car spaces	this home 2 · comparable 4	−$64,000
Street	this home 0.0018 · comparable 0.0375	−$57,691
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0487 · comparable 0.036	+$20,523
Distance to beach	this home 6.96 km · comparable 7.45 km	+$10,690
Year built	this home 2005 · comparable 2007	−$4,800
Land size	this home 767 m² · comparable 611 m²	+$1,997
Net adjustment		−$91,710

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

2 Coffeebush Court

Sold 1 September 2026 · 1.33 km away

Sold for

$1,745,000

Adjusted to this home

$1,879,414

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Floor area	this home 287 m² · comparable 315 m²	−$74,771
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
Bathrooms	this home 3 · comparable 2	+$60,000
Street	this home 0.0018 · comparable -0.0355	+$52,070
Micro-location	this home 0.0487 · comparable 0.032	+$23,314
Distance to beach	this home 6.96 km · comparable 5.86 km	−$21,317
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 767 m² · comparable 914 m²	−$1,882
Net adjustment		+$134,414

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

10 Monserrat Court

Sold 3 January 2026 · 0.86 km away

Sold for

$1,825,000

Adjusted to this home

$1,869,827

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Street	this home 0.0018 · comparable 0.0831	−$118,698
Micro-location	this home 0.0487 · comparable 0.1157	−$97,820
Condition	this home 8 · comparable 7	+$73,000
Floor area	this home 287 m² · comparable 260 m²	+$72,101
Pool	this home 1 · comparable 0	+$64,000
Bathrooms	this home 3 · comparable 2	+$60,000
Year built	this home 2005 · comparable 2009	−$9,600
Distance to beach	this home 6.96 km · comparable 7.01 km	+$986
Land size	this home 767 m² · comparable 700 m²	+$858
Net adjustment		+$44,827

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 · 0.28 km away

Sold for

$1,800,000

Adjusted to this home

$1,731,258

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Condition	this home 8 · comparable 9	−$108,000
Bathrooms	this home 3 · comparable 2	+$60,000
Street	this home 0.0018 · comparable 0.0405	−$55,728
Micro-location	this home 0.0487 · comparable 0.0323	+$23,616
Floor area	this home 287 m² · comparable 281 m²	+$16,022
Distance to beach	this home 6.96 km · comparable 6.8 km	−$3,110
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 767 m² · comparable 700 m²	+$858
Net adjustment		−$68,742

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

10 Stargate Court

Sold 26 May 2026 · 0.40 km away

Sold for

$1,700,000

Adjusted to this home

$1,894,416

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Bedrooms	this home 5 · comparable 4	+$88,000
Bathrooms	this home 3 · comparable 2	+$60,000
Floor area	this home 287 m² · comparable 272 m²	+$40,056
Micro-location	this home 0.0487 · comparable 0.0338	+$20,264
Street	this home 0.0018 · comparable 0.0117	−$13,464
Year built	this home 2005 · comparable 2006	−$2,400
Distance to beach	this home 6.96 km · comparable 7.02 km	+$1,102
Land size	this home 767 m² · comparable 700 m²	+$858
Net adjustment		+$194,416

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

20 Barton Street

Sold 10 June 2026 · 0.20 km away

Sold for

$1,907,500

Adjusted to this home

$1,851,190

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Condition	this home 8 · comparable 9	−$114,450
Street	this home 0.0018 · comparable 0.0503	−$74,011
Bathrooms	this home 3 · comparable 2	+$60,000
Cladding	this home 3 · comparable 1	+$40,000
Floor area	this home 287 m² · comparable 274 m²	+$34,715
Distance to beach	this home 6.96 km · comparable 6.76 km	−$4,120
Year built	this home 2005 · comparable 2004	+$2,400
Land size	this home 767 m² · comparable 821 m²	−$691
Micro-location	this home 0.0487 · comparable 0.0488	−$153
Net adjustment		−$56,310

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

14 Gordonia Drive

Sold 1.53 km away

Sold for

$1,595,000

Adjusted to this home

$1,687,850

What we added and subtracted to make this sale comparable to 66 Observatory Drive
Condition	this home 8 · comparable 9	−$95,700
Bedrooms	this home 5 · comparable 4	+$88,000
Bathrooms	this home 3 · comparable 2	+$60,000
Micro-location	this home 0.0487 · comparable 0.0034	+$57,803
Floor area	this home 287 m² · comparable 267 m²	+$53,408
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 6.96 km · comparable 5.54 km	−$26,222
Street	this home 0.0018 · comparable -0.0165	+$23,350
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 767 m² · comparable 813 m²	−$589
Net adjustment		+$92,850

A further 7 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 66 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 66 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

66 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

19 Grove Creek Close

43 Worchester Terrace

2 Coffeebush Court

10 Monserrat Court

21 York Creek Crescent Reedy Creek

10 Stargate Court

20 Barton Street

14 Gordonia Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 66 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

12 Grove Creek Close

14 Worchester Terrace

14 Gordonia Drive

148 Barden Ridge Road

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields