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 Panorama Drive

Sold 12 March 2026 · 1.07 km away

Sold for

$1,575,000

Adjusted to this home

$1,660,826

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Floor area	this home 235 m² · comparable 141.23 m²	+$250,403
Street	this home 0.0018 · comparable 0.0851	−$104,958
Condition	this home 8 · comparable 9	−$94,500
Micro-location	this home 0.0488 · comparable 0.0022	+$58,716
Year built	this home 2005 · comparable 2013	−$19,200
Distance to beach	this home 6.99 km · comparable 6.57 km	−$7,144
Land size	this home 785 m² · comparable 589 m²	+$2,509
Net adjustment		+$85,826

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

29 Gordonia Drive

Sold 1.41 km away

Sold for

$1,595,000

Adjusted to this home

$1,695,271

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Pool	this home 0 · comparable 1	−$64,000
Condition	this home 8 · comparable 7	+$63,800
Micro-location	this home 0.0488 · comparable 0.0116	+$47,467
Floor area	this home 235 m² · comparable 226 m²	+$24,034
Street	this home 0.0018 · comparable -0.0165	+$23,350
Distance to beach	this home 6.99 km · comparable 5.73 km	−$22,738
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2005 · comparable 2001	+$9,600
Land size	this home 785 m² · comparable 882 m²	−$1,242
Net adjustment		+$100,271

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

10 Stargate Court

Sold 26 May 2026 · 0.42 km away

Sold for

$1,700,000

Adjusted to this home

$1,543,369

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Floor area	this home 235 m² · comparable 272 m²	−$98,805
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0488 · comparable 0.0338	+$20,400
Street	this home 0.0018 · comparable 0.0117	−$13,464
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 785 m² · comparable 700 m²	+$1,088
Distance to beach	this home 6.99 km · comparable 7.02 km	+$550
Net adjustment		−$156,631

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

2 Coffeebush Court

Sold 1 September 2026 · 1.37 km away

Sold for

$1,745,000

Adjusted to this home

$1,528,358

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Floor area	this home 235 m² · comparable 315 m²	−$213,632
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
Micro-location	this home 0.0488 · comparable 0.032	+$23,453
Distance to beach	this home 6.99 km · comparable 5.86 km	−$21,882
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 785 m² · comparable 914 m²	−$1,651
Net adjustment		−$216,642

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

42 Gordonia Drive

Sold 7 May 2026 · 1.40 km away

Sold for

$1,530,000

Adjusted to this home

$1,680,929

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Bedrooms	this home 4 · comparable 3	+$88,000
Micro-location	this home 0.0488 · comparable 0.0203	+$34,884
Street	this home 0.0018 · comparable -0.0165	+$22,399
Distance to beach	this home 6.99 km · comparable 5.77 km	−$21,004
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 785 m² · comparable 828 m²	−$550
Net adjustment		+$150,929

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

43 Worchester Terrace

Sold 23 April 2026 · 0.49 km away

Sold for

$2,020,000

Adjusted to this home

$1,577,166

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Condition	this home 8 · comparable 9	−$121,200
Floor area	this home 235 m² · comparable 259 m²	−$64,090
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
Micro-location	this home 0.0488 · comparable 0.036	+$20,685
Distance to beach	this home 6.99 km · comparable 7.45 km	+$10,035
Year built	this home 2005 · comparable 2007	−$4,800
Land size	this home 785 m² · comparable 611 m²	+$2,227
Net adjustment		−$442,834

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 · 0.21 km away

Sold for

$1,748,000

Adjusted to this home

$1,615,819

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Floor area	this home 235 m² · comparable 187.28 m²	+$127,431
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 0.0488 · comparable 0.0297	+$26,710
Year built	this home 2005 · comparable 2006	−$2,400
Distance to beach	this home 6.99 km · comparable 7.08 km	+$1,699
Land size	this home 785 m² · comparable 728 m²	+$730
Net adjustment		−$132,181

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 · 0.53 km away

Sold for

$1,565,000

Adjusted to this home

$1,666,650

What we added and subtracted to make this sale comparable to 70 Observatory Drive
Floor area	this home 235 m² · comparable 179.14 m²	+$149,169
Storeys	this home 1 · comparable 2	−$40,000
Year built	this home 2005 · comparable 2008	−$7,200
Micro-location	this home 0.0488 · comparable 0.0536	−$6,010
Distance to beach	this home 6.99 km · comparable 7.31 km	+$5,409
Land size	this home 785 m² · comparable 763 m²	+$282
Net adjustment		+$101,650

A further 11 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 70 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 70 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

70 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 Panorama Drive

29 Gordonia Drive

10 Stargate Court

2 Coffeebush Court

42 Gordonia Drive

43 Worchester Terrace

11 Koolang Crescent Reedy Creek

10 Palomar Street Reedy Creek

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 70 Observatory Drive sit?

Your home

See your home the way a buyer does

30 Snowwood Street

58 Panorama Drive

39 Meridien Avenue

15 Palma Crescent

14 Grove Creek Close

34 Willow Tree Drive

41 Heights Drive

12 Grove Creek Close

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields