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 Stargate Court

Sold 26 May 2026 · 0.47 km away

Sold for

$1,700,000

Adjusted to this home

$1,702,014

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Micro-location	this home 0.0516 · comparable 0.0338	+$24,208
Street	this home 0.0018 · comparable 0.0117	−$13,464
Floor area	this home 269 m² · comparable 272 m²	−$8,011
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 860 m² · comparable 700 m²	+$2,048
Distance to beach	this home 7.04 km · comparable 7.02 km	−$367
Net adjustment		+$2,014

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

2 Coffeebush Court

Sold 1 September 2026 · 1.43 km away

Sold for

$1,745,000

Adjusted to this home

$1,687,078

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Floor area	this home 269 m² · comparable 315 m²	−$122,838
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
Pool	this home 1 · comparable 0	+$64,000
Street	this home 0.0018 · comparable -0.0355	+$52,070
Micro-location	this home 0.0516 · comparable 0.032	+$27,362
Distance to beach	this home 7.04 km · comparable 5.86 km	−$22,825
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2005 · comparable 2002	+$7,200
Land size	this home 860 m² · comparable 914 m²	−$691
Net adjustment		−$57,922

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

4 Skyburnett Street Reedy Creek

Sold 11 December 2025 · 0.29 km away

Sold for

$1,855,000

Adjusted to this home

$1,789,436

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Floor area	this home 269 m² · comparable 194.59 m²	+$198,705
Street	this home 0.0018 · comparable 0.0863	−$125,398
Condition	this home 8 · comparable 9	−$111,300
Air conditioning	this home 0 · comparable 1	−$20,000
Micro-location	this home 0.0516 · comparable 0.0558	−$6,233
Year built	this home 2005 · comparable 2007	−$4,800
Distance to beach	this home 7.04 km · comparable 7.2 km	+$3,206
Land size	this home 860 m² · comparable 840 m²	+$256
Net adjustment		−$65,564

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

5 Bellatrix Street

Sold 31 March 2026 · 1.33 km away

Sold for

$1,690,000

Adjusted to this home

$1,640,787

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Floor area	this home 269 m² · comparable 180 m²	+$237,666
Micro-location	this home 0.0516 · comparable 0.15	−$133,037
Condition	this home 8 · comparable 9	−$101,400
Street	this home 0.0018 · comparable 0.0266	−$33,530
Year built	this home 2005 · comparable 2014	−$21,600
Land size	this home 860 m² · comparable 707 m²	+$1,958
Distance to beach	this home 7.04 km · comparable 7.08 km	+$730
Net adjustment		−$49,213

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

43 Worchester Terrace

Sold 23 April 2026 · 0.44 km away

Sold for

$2,020,000

Adjusted to this home

$1,736,355

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Condition	this home 8 · comparable 9	−$121,200
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
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 269 m² · comparable 259 m²	+$26,704
Micro-location	this home 0.0516 · comparable 0.036	+$25,210
Distance to beach	this home 7.04 km · comparable 7.45 km	+$8,945
Year built	this home 2005 · comparable 2007	−$4,800
Land size	this home 860 m² · comparable 611 m²	+$3,187
Net adjustment		−$283,645

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

11 Koolang Crescent Reedy Creek

Sold 27 November 2025 · 0.24 km away

Sold for

$1,748,000

Adjusted to this home

$1,774,544

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Floor area	this home 269 m² · comparable 187.28 m²	+$218,225
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
Pool	this home 1 · comparable 0	+$64,000
Storeys	this home 1 · comparable 2	−$40,000
Micro-location	this home 0.0516 · comparable 0.0297	+$30,625
Year built	this home 2005 · comparable 2006	−$2,400
Land size	this home 860 m² · comparable 728 m²	+$1,690
Distance to beach	this home 7.04 km · comparable 7.08 km	+$755
Net adjustment		+$26,544

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

14 Gordonia Drive

Sold 1.63 km away

Sold for

$1,595,000

Adjusted to this home

$1,495,296

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Condition	this home 8 · comparable 9	−$95,700
Micro-location	this home 0.0516 · comparable 0.0034	+$61,503
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 7.04 km · comparable 5.54 km	−$27,600
Street	this home 0.0018 · comparable -0.0165	+$23,350
Floor area	this home 269 m² · comparable 267 m²	+$5,341
Year built	this home 2005 · comparable 2003	+$4,800
Land size	this home 860 m² · comparable 813 m²	+$602
Net adjustment		−$99,704

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

20 Barton Street

Sold 10 June 2026 · 0.28 km away

Sold for

$1,907,500

Adjusted to this home

$1,659,091

What we added and subtracted to make this sale comparable to 76 Observatory Drive
Condition	this home 8 · comparable 9	−$114,450
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
Floor area	this home 269 m² · comparable 274 m²	−$13,352
Distance to beach	this home 7.04 km · comparable 6.76 km	−$5,768
Micro-location	this home 0.0516 · comparable 0.0488	+$4,273
Year built	this home 2005 · comparable 2004	+$2,400
Land size	this home 860 m² · comparable 821 m²	+$499
Net adjustment		−$248,409

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 76 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 76 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

76 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 Stargate Court

2 Coffeebush Court

4 Skyburnett Street Reedy Creek

5 Bellatrix Street

43 Worchester Terrace

11 Koolang Crescent Reedy Creek

14 Gordonia Drive

20 Barton Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 76 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