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PRIVATE PROPERTY REPORT · Updated Friday 23 October 2026Fri 23 Oct 2026
Aerial view of 72 Observatory Drive, Reedy Creek QLD 4227
72 Observatory Drive, Reedy Creek QLD 4227
A living map — drive times, sold comps & your commute

72 Observatory Drive

Reedy Creek, QLD
787 m² land4 bed2 bath2 car234 m² floor
WHAT RECORDED SALES SAY

Recorded sales nearby put this home between

$1,317,024 – $1,738,717

Built from 38 recorded sales near this home, each adjusted for size, features and location. Four in five recent Reedy Creek sales landed inside a band this wide (±13.8%).

Last recorded sale$821,000 · Sep 2019 · held 7 years

When it last sold, the median Reedy Creek house had sold for $794,500 over the previous 12 months (110 sales). Over the 12 months to Q3 2026: $1,700,000 (77 sales).

Around Observatory Drive

Sold in the last 90 days, nearest first · prices as recorded
6 Everstar Street
SOLD · 13 OCT 2026 · 280 m
6 Everstar Street
$1,325,000
4 bed · 2 bath · 641 m²
23 York Creek Crescent
SOLD · 23 SEP 2026 · 350 m
23 York Creek Crescent
$1,630,000
4 bed · 3 bath · 700 m²
14 Worchester Terrace
SOLD · 21 OCT 2026 · 530 m
14 Worchester Terrace
$1,580,000
4 bed · 2 bath · 645 m²

The sales behind the range

38 sales used. The closest four, each adjusted to match this home.
24 May 2026 — 2 Woodland Drive sold for $1,785,000. Adjusted to this home and weighted with the other comparable sales, including it moved the centre of this home's range up by about $8,812.
Sale price$1,748,000
Condition−$174,800
Floor area (234 vs 187 m²)+$124,761
Street−$77,471
Car spaces−$64,000
Storeys−$40,000
Micro-location+$28,387
Year built−$2,400
Distance to beach (7.01 vs 7.08 km)+$1,322
Land size (787 vs 728 m²)+$755
9 other factors compared and found the same.
Adjusted to this home$1,544,554
Sun on this home

The rear of the block faces roughly south

The street frontage faces roughly north, so the back of the block faces roughly south. Worked out from the title boundary and the street the home fronts, not from a site visit, so it says nothing about which rooms face which way.

Follow this home

One email a month, or sooner when a home near Observatory Drive sells. Recorded sales and new listings near you, with the range shown on this page and a link back to it. From Will Simpson.

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For sale near Observatory Drive

What buyers can compare with right now
See all 28 houses for sale in Reedy Creek

Reedy Creek in numbers

Median house price, last 12 months
$1,700,000
Median days on market, Jul–Sep
77 days
28 days in Apr–Jun
Houses sold, Jul–Sep
12
Drive from this home
Hillcrest Christian College 6 min · Robina Town Centre 12 min · Burleigh Beach 15 min · Gold Coast Airport 21 min
Source: Fields sales records. Figures as recorded.
FROM WILL SIMPSON · FIELDS REAL ESTATE

The Gold Coast market, explained on camera

Short takes from Will on what the data is showing right now.
Walkthrough · 4 minClearance rates halved in a year