Pimpama at a glance
32,662
People
$973,500
Median sale
$754/wk
Median rent
4.03%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
QLD › Pimpama › Melville Dr
$870,000
Last sold
22 May 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
507 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$870,000
22 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Pimpama (last 5 years) with land size have a median of $2,162/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Pimpama at a glance
32,662
People
$973,500
Median sale
$754/wk
Median rent
4.03%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Pimpama
-10.6%
Median sale
Suburb $973,500
+0.48 pp
Gross yield
Suburb 4.03%
Suburb median $973,500 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $754/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Pimpama at a glance
32,662
People
$973,500
Median sale
$754/wk
Median rent
4.03%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertySOLD by NATHAN SIMON | 0407 760 435
- | 57 Melville Drive, Pimpama | -
Modern Stylemaster home with swimming pool awaits new owners!
Set in the Forest Green section of the sought after Gainsborough Greens Estate is this single level stunner on over 500m2 of land! The corner block allows for so much flexibility and the owners have taken advantage of this and designed a fantastic home. Whether you're single, a couple, professionals, a family or simply a downsizer this home will suit you all.
The pool has been strategically placed to the side of the home to not only be visible from the kitchen but also allow for plenty of yard space for the kids. There is ample room for trampolines, swings or a simple game of backyard cricket on a nice summers day. For those rainy days inside has a flexible floor plan. With 2 seperate living areas and a dining space you can have the kids locked away in the cinema while you relax and look over the pool.
For those with older kids you'll love the privacy of a master suite to the front of the home seperate from the living spaces and 3 other bedrooms. No doubt, the kids will love this too!
This home really does have everything you need and with features like;
- Secluded Master suite with WIR and stunning ensuite
- Ensuite with large Double shower
- Remaining spacious bedrooms with BIR at rear of the home
- Beautiful well appointed kitchen overlooking the Pool
- In Ground concrete pool with glass fencing
- Separate main living and dining space
- Private media room with entrance from inside and sliding doors to outdoor entertainment
- Well positioned outdoor tiled entertainment area
- Plenty of grassed space perfect for a trampoline, fire pit or shed
- Stunning sandstone retaining wall surrounding the front of the home
- Beautiful 1200mm wide entry door
- Rental Appraisal $850 per week (approx 5% gross yield)
We know this isn't going to last long!
The "Forest Green" release is a quiet pocket surrounded by bushland and the Gainsborough Greens Golf Course. The low Body Corporate fees of approximate $49p/w allow access to;
- 24/7 Roaming Security
- 3 x Pools including a lap pool overlooking the Golf Course
- Gymnasium
- Tennis Courts and Basketball courts
Enjoy the natural surrounds with 65% of Gainsborough Greens dedicated to green open space. The community enjoys 6 major parks, sporting fields, an off-leash dog park and conservation areas. And with more than 13km of walking and cycle paths & trails, there are so many ways to enjoy your neighbourhood.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate.
However, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
(including but not limited to a property's land size, floor plans and size, building age and condition)
Interested parties should make their own enquiries and obtain their own legal advice
Listing description written by Nathan Simon, Avenue Property — reproduced as published, not verified by Districts.