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.

2 Coffeebush Court

Sold 1 September 2026 · 1.74 km away

Sold for

$1,745,000

Adjusted to this home

$1,798,081

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Condition	this home 9 · comparable 7	+$174,500
Bedrooms	this home 4 · comparable 5	−$88,000
Car spaces	this home 2 · comparable 4	−$64,000
Street	this home 0.0018 · comparable -0.0355	+$52,070
Floor area	this home 300 m² · comparable 315 m²	−$41,676
Distance to beach	this home 7.28 km · comparable 5.86 km	−$27,348
Cladding	this home 3 · comparable 2	+$20,000
Micro-location	this home 0.0457 · comparable 0.032	+$19,125
Year built	this home 2007 · comparable 2002	+$12,000
Land size	this home 727 m² · comparable 914 m²	−$3,590
Net adjustment		+$53,081

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

43 Worchester Terrace

Sold 23 April 2026 · 0.17 km away

Sold for

$2,020,000

Adjusted to this home

$1,869,834

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Floor area	this home 300 m² · comparable 259 m²	+$113,914
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 0.0457 · comparable 0.036	+$15,675
Distance to beach	this home 7.28 km · comparable 7.45 km	+$3,709
Land size	this home 727 m² · comparable 611 m²	+$2,227
Net adjustment		−$150,166

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

10 Stargate Court

Sold 26 May 2026 · 0.71 km away

Sold for

$1,700,000

Adjusted to this home

$1,816,659

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Condition	this home 9 · comparable 8	+$102,000
Floor area	this home 300 m² · comparable 272 m²	+$77,795
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0457 · comparable 0.0338	+$16,184
Street	this home 0.0018 · comparable 0.0117	−$13,464
Distance to beach	this home 7.28 km · comparable 7.02 km	−$4,774
Year built	this home 2007 · comparable 2006	+$2,400
Land size	this home 727 m² · comparable 700 m²	+$518
Net adjustment		+$116,659

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

23 Skyburnett Street

Sold 21 April 2026 · 0.32 km away

Sold for

$1,630,000

Adjusted to this home

$1,619,396

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Floor area	this home 300 m² · comparable 233 m²	+$186,153
Street	this home 0.0018 · comparable 0.0863	−$110,188
Car spaces	this home 2 · comparable 4	−$64,000
Micro-location	this home 0.0457 · comparable 0.0599	−$18,517
Distance to beach	this home 7.28 km · comparable 7.04 km	−$4,225
Land size	this home 727 m² · comparable 718 m²	+$173
Net adjustment		−$10,604

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

4 Skyburnett Street Reedy Creek

Sold 11 December 2025 · 0.10 km away

Sold for

$1,855,000

Adjusted to this home

$1,919,712

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Floor area	this home 300 m² · comparable 194.59 m²	+$292,871
Street	this home 0.0018 · comparable 0.0863	−$125,398
Pool	this home 0 · comparable 1	−$64,000
Air conditioning	this home 0 · comparable 1	−$20,000
Micro-location	this home 0.0457 · comparable 0.0558	−$14,989
Land size	this home 727 m² · comparable 840 m²	−$2,170
Distance to beach	this home 7.28 km · comparable 7.2 km	−$1,602
Net adjustment		+$64,712

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

19 Grove Creek Close

Sold 8 June 2026 · 0.99 km away

Sold for

$1,740,000

Adjusted to this home

$1,626,654

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Condition	this home 9 · comparable 7	+$174,000
Pool	this home 0 · comparable 1	−$64,000
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
Floor area	this home 300 m² · comparable 312 m²	−$33,341
Micro-location	this home 0.0457 · comparable 0.0644	−$26,030
Distance to beach	this home 7.28 km · comparable 6.34 km	−$17,665
Year built	this home 2007 · comparable 2003	+$9,600
Land size	this home 727 m² · comparable 913 m²	−$3,571
Net adjustment		−$113,346

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

14 Gordonia Drive

Sold 1.92 km away

Sold for

$1,595,000

Adjusted to this home

$1,604,226

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Floor area	this home 300 m² · comparable 267 m²	+$91,687
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.0457 · comparable 0.0034	+$53,974
Storeys	this home 1 · comparable 2	−$40,000
Car spaces	this home 2 · comparable 3	−$32,000
Distance to beach	this home 7.28 km · comparable 5.54 km	−$31,734
Street	this home 0.0018 · comparable -0.0165	+$23,350
Year built	this home 2007 · comparable 2003	+$9,600
Land size	this home 727 m² · comparable 813 m²	−$1,651
Net adjustment		+$9,226

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

20 Barton Street

Sold 10 June 2026 · 0.58 km away

Sold for

$1,907,500

Adjusted to this home

$1,783,679

What we added and subtracted to make this sale comparable to 88 Observatory Drive
Bedrooms	this home 4 · comparable 5	−$88,000
Street	this home 0.0018 · comparable 0.0503	−$74,011
Floor area	this home 300 m² · comparable 274 m²	+$72,238
Pool	this home 0 · comparable 1	−$64,000
Cladding	this home 3 · comparable 1	+$40,000
Distance to beach	this home 7.28 km · comparable 6.76 km	−$10,713
Year built	this home 2007 · comparable 2004	+$7,200
Micro-location	this home 0.0457 · comparable 0.0488	−$4,730
Land size	this home 727 m² · comparable 821 m²	−$1,805
Net adjustment		−$123,821

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 88 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 88 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

88 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

2 Coffeebush Court

43 Worchester Terrace

10 Stargate Court

23 Skyburnett Street

4 Skyburnett Street Reedy Creek

19 Grove Creek Close

14 Gordonia Drive

20 Barton Street

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 88 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