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.

42 Gordonia Drive

Sold 7 May 2026 · 1.94 km away

Sold for

$1,530,000

Adjusted to this home

$1,481,041

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Floor area	this home 169 m² · comparable 235 m²	−$187,176
Bedrooms	this home 4 · comparable 3	+$88,000
Distance to beach	this home 7.41 km · comparable 5.77 km	−$27,944
Micro-location	this home 0.043 · comparable 0.0203	+$27,785
Street	this home 0.0018 · comparable -0.0165	+$22,399
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2008 · comparable 2002	+$14,400
Land size	this home 611 m² · comparable 828 m²	−$6,423
Net adjustment		−$48,959

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

29 Gordonia Drive

Sold 1.94 km away

Sold for

$1,595,000

Adjusted to this home

$1,431,568

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Floor area	this home 169 m² · comparable 226 m²	−$161,652
Pool	this home 0 · comparable 1	−$64,000
Micro-location	this home 0.043 · comparable 0.0116	+$40,066
Distance to beach	this home 7.41 km · comparable 5.73 km	−$29,974
Street	this home 0.0018 · comparable -0.0165	+$23,350
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2008 · comparable 2001	+$16,800
Land size	this home 611 m² · comparable 882 m²	−$8,022
Net adjustment		−$163,432

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

10 Panorama Drive

Sold 12 March 2026 · 1.07 km away

Sold for

$1,575,000

Adjusted to this home

$1,574,569

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Street	this home 0.0018 · comparable 0.0851	−$104,958
Floor area	this home 169 m² · comparable 141.23 m²	+$78,756
Micro-location	this home 0.043 · comparable 0.0022	+$51,408
Distance to beach	this home 7.41 km · comparable 6.57 km	−$14,288
Year built	this home 2008 · comparable 2013	−$12,000
Land size	this home 611 m² · comparable 589 m²	+$651
Net adjustment		−$431

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

4 Callicarpa Street

Sold 1 July 2026 · 1.88 km away

Sold for

$1,420,000

Adjusted to this home

$1,498,961

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Bedrooms	this home 4 · comparable 3	+$88,000
Floor area	this home 169 m² · comparable 190 m²	−$59,556
Micro-location	this home 0.043 · comparable 0.0071	+$40,782
Distance to beach	this home 7.41 km · comparable 5.81 km	−$25,185
Year built	this home 2008 · comparable 1999	+$21,600
Cladding	this home 3 · comparable 2	+$20,000
Street	this home 0.0018 · comparable 0.0057	−$4,430
Land size	this home 611 m² · comparable 687 m²	−$2,250
Net adjustment		+$78,961

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

30 Tuckeroo Place Reedy Creek

Sold 20 January 2026 · 1.95 km away

Sold for

$1,310,000

Adjusted to this home

$1,346,384

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Street	this home 0.0018 · comparable -0.1207	+$128,380
Car spaces	this home 2 · comparable 6	−$128,000
Micro-location	this home 0.043 · comparable -0.0464	+$93,691
Floor area	this home 169 m² · comparable 191.26 m²	−$63,130
Distance to beach	this home 7.41 km · comparable 5.52 km	−$28,249
Cladding	this home 3 · comparable 2	+$20,000
Year built	this home 2008 · comparable 2001	+$16,800
Land size	this home 611 m² · comparable 716 m²	−$3,108
Net adjustment		+$36,384

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

51 Observatory Drive

Sold 17 August 2026 · 0.79 km away

Sold for

$1,987,500

Adjusted to this home

$1,431,000

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Floor area	this home 169 m² · comparable 409 m²	−$408,272
Bedrooms	this home 4 · comparable 5	−$52,786
Pool	this home 0 · comparable 1	−$38,390
Bathrooms	this home 2 · comparable 3	−$35,990
Car spaces	this home 2 · comparable 3	−$19,194
Distance to beach	this home 7.41 km · comparable 6.75 km	−$8,498
Year built	this home 2008 · comparable 2004	+$5,758
Micro-location	this home 0.043 · comparable 0.0392	+$3,624
Land size	this home 611 m² · comparable 766 m²	−$2,752
Net adjustment		−$556,500

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

43 Worchester Terrace

Sold 23 April 2026 · 0.18 km away

Sold for

$2,020,000

Adjusted to this home

$1,493,654

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Floor area	this home 169 m² · comparable 259 m²	−$255,240
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 0.043 · comparable 0.036	+$11,312
Year built	this home 2008 · comparable 2007	+$2,400
Distance to beach	this home 7.41 km · comparable 7.45 km	+$873
Net adjustment		−$526,346

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 · 0.12 km away

Sold for

$1,565,000

Adjusted to this home

$1,476,783

What we added and subtracted to make this sale comparable to 89 Observatory Drive
Storeys	this home 1 · comparable 2	−$40,000
Floor area	this home 169 m² · comparable 179.14 m²	−$28,757
Micro-location	this home 0.043 · comparable 0.0536	−$13,271
Land size	this home 611 m² · comparable 763 m²	−$4,499
Distance to beach	this home 7.41 km · comparable 7.31 km	−$1,690
Net adjustment		−$88,217

A further 12 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 89 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 89 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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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

89 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

42 Gordonia Drive

29 Gordonia Drive

10 Panorama Drive

4 Callicarpa Street

30 Tuckeroo Place Reedy Creek

51 Observatory Drive

43 Worchester Terrace

10 Palomar Street Reedy Creek

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 89 Observatory Drive sit?

Your home

See your home the way a buyer does

30 Snowwood Street

58 Panorama Drive

15 Palma Crescent

14 Grove Creek Close

34 Willow Tree Drive

41 Heights Drive

12 Grove Creek Close

9 Southern Skies Avenue

My downloads

Valuation Report

Property Positioning Report

Market Update Report

Why I built Fields