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.

43 Worchester Terrace

Sold 23 April 2026 · 0.45 km away

Sold for

$2,020,000

Adjusted to this home

$1,957,413

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Bedrooms	this home 5 · comparable 4	+$88,000
Car spaces	this home 2 · comparable 4	−$64,000
Bathrooms	this home 2 · comparable 3	−$60,000
Street	this home 0.0018 · comparable 0.0375	−$57,691
Floor area	this home 275 m² · comparable 259 m²	+$42,726
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0493 · comparable 0.036	+$21,493
Distance to beach	this home 7.02 km · comparable 7.45 km	+$9,381
Year built	this home 2005 · comparable 2007	−$4,800
Land size	this home 791 m² · comparable 611 m²	+$2,304
Net adjustment		−$62,587

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 · 0.69 km away

Sold for

$1,740,000

Adjusted to this home

$1,720,297

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Condition	this home 9 · comparable 7	+$174,000
Floor area	this home 275 m² · comparable 312 m²	−$98,805
Bedrooms	this home 5 · comparable 4	+$88,000
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
Micro-location	this home 0.0493 · comparable 0.0644	−$21,019
Distance to beach	this home 7.02 km · comparable 6.34 km	−$12,778
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 791 m² · comparable 913 m²	−$1,562
Net adjustment		−$19,703

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

2 Coffeebush Court

Sold 1 September 2026 · 1.41 km away

Sold for

$1,745,000

Adjusted to this home

$1,892,082

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Condition	this home 9 · comparable 7	+$174,500
Floor area	this home 275 m² · comparable 315 m²	−$106,816
Car spaces	this home 2 · comparable 4	−$64,000
Pool	this home 1 · comparable 0	+$64,000
Street	this home 0.0018 · comparable -0.0355	+$52,070
Micro-location	this home 0.0493 · comparable 0.032	+$24,150
Distance to beach	this home 7.02 km · comparable 5.86 km	−$22,448
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 791 m² · comparable 914 m²	−$1,574
Net adjustment		+$147,082

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

21 York Creek Crescent Reedy Creek

Sold 23 December 2025 · 0.36 km away

Sold for

$1,800,000

Adjusted to this home

$1,747,218

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Street	this home 0.0018 · comparable 0.0405	−$55,728
Micro-location	this home 0.0493 · comparable 0.0323	+$24,480
Floor area	this home 275 m² · comparable 281 m²	−$16,022
Distance to beach	this home 7.02 km · comparable 6.8 km	−$4,277
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 791 m² · comparable 700 m²	+$1,165
Net adjustment		−$52,782

A further 12 factors were compared and found the same on both properties, so no money moved.

26 Bluebird Lane

Sold 27 February 2026 · 0.55 km away

Sold for

$2,065,000

Adjusted to this home

$1,889,259

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Street	this home 0.0018 · comparable 0.1091	−$177,259
Bedrooms	this home 5 · comparable 4	+$88,000
Bathrooms	this home 2 · comparable 3	−$60,000
Year built	this home 2005 · comparable 2018	−$31,200
Distance to beach	this home 7.02 km · comparable 7.19 km	+$3,791
Land size	this home 791 m² · comparable 525 m²	+$3,405
Micro-location	this home 0.0493 · comparable 0.0508	−$2,478
Net adjustment		−$175,741

A further 11 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

$1,904,392

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Condition	this home 9 · comparable 8	+$102,000
Bedrooms	this home 5 · comparable 4	+$88,000
Micro-location	this home 0.0493 · comparable 0.0338	+$21,080
Street	this home 0.0018 · comparable 0.0117	−$13,464
Floor area	this home 275 m² · comparable 272 m²	+$8,011
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 791 m² · comparable 700 m²	+$1,165
Net adjustment		+$204,392

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

20 Barton Street

Sold 10 June 2026 · 0.27 km away

Sold for

$1,907,500

Adjusted to this home

$1,873,582

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Street	this home 0.0018 · comparable 0.0503	−$74,011
Cladding	this home 3 · comparable 1	+$40,000
Distance to beach	this home 7.02 km · comparable 6.76 km	−$5,356
Floor area	this home 275 m² · comparable 274 m²	+$2,670
Year built	this home 2005 · comparable 2004	+$2,400
Micro-location	this home 0.0493 · comparable 0.0488	+$763
Land size	this home 791 m² · comparable 821 m²	−$384
Net adjustment		−$33,918

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

14 Gordonia Drive

Sold 1.61 km away

Sold for

$1,595,000

Adjusted to this home

$1,691,544

What we added and subtracted to make this sale comparable to 74 Observatory Drive
Bedrooms	this home 5 · comparable 4	+$88,000
Micro-location	this home 0.0493 · comparable 0.0034	+$58,568
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 7.02 km · comparable 5.54 km	−$27,255
Street	this home 0.0018 · comparable -0.0165	+$23,350
Floor area	this home 275 m² · comparable 267 m²	+$21,363
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 791 m² · comparable 813 m²	−$282
Net adjustment		+$96,544

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 74 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 74 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

74 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

43 Worchester Terrace

19 Grove Creek Close

2 Coffeebush Court

21 York Creek Crescent Reedy Creek

26 Bluebird Lane

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 74 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

41 Heights Drive

12 Grove Creek Close

14 Worchester Terrace

14 Gordonia Drive

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields