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QLD › Pimpama › Forest Dr

74 Forest Dr, Pimpama QLD 4209

For saleTownhouse for Sale

$779,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $779,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $779,000(Listing record · 15 July 2026)
  • CalculationAsk is 20% below the Pimpama median recorded sale ($973,500, n=61, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Pimpama's advertised median rent ($754/wk), implied gross yield would be 5.03% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$779,000

Asking

No recorded sale for this property.

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.

See the full Pimpama report →

Vs Pimpama

-20.0%

Median sale

Suburb $973,500

+1.00 pp

Gross yield

Suburb 4.03%

Suburb median $973,500 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$779,000
Stamp Duty (Queensland)
$28,080
Transfer/Registration Fee
$3,042
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$813,822

$34,822 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Pimpama's advertised median rent — not a rent for this listing.

Net yield
3.53%
Annual cashflow (pre-tax)
$-12,985
Interest cover (DSCR)
0.68
Annual rent
$39,208
Operating expenses
$11,685
Loan amount
$623,200
Annual interest
$40,508
Gross yield
5.03%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$779,000available15 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Pimpama in one glance

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.

See the full Pimpama report →

Keep researching

  • Why Pimpama? Read the area thesis →
  • What else is on the market in Pimpama →
  • Other records on Forest Dr →

Listing material

Listed by Ray White Alliance

Modern 3-Bedroom Family Townhouse

Imagine stepping into your new home where light-filled open spaces, thoughtful design, and everyday comfort come together perfectly. This beautifully presented double-storey townhouse offers everything a modern family or professional could desire - from generous living areas to private retreats upstairs.

Welcome to effortless living at 74 Forest Drive. The ground floor boasts a seamless open-plan layout with a spacious living room and dining area that flows naturally onto a large undercover patio - the ideal spot for weekend barbecues, morning coffees, or simply unwinding after a busy day. The sleek modern kitchen features stone benchtops and quality finishes, while the single lock-up garage and guest powder room add everyday convenience.

Upstairs, the master bedroom is a true sanctuary with its generous size, walk-in robe, and luxurious ensuite. Two additional well-proportioned bedrooms and a full main bathroom provide plenty of space for family or guests.

Read the full description

PROPERTY FEATURES:

• Stylish double-storey townhouse with steel frame construction

• Three spacious bedrooms located upstairs

• Master bedroom with ensuite and built-in robes

• Open-plan living and dining area

• Modern kitchen with gas cooktop, dishwasher, island bench, quality appliances, and ample storage

• Split system air-conditioner

• Natural gas hot water system

• Main bathroom with bathtub

• Additional downstairs powder room

• Separate laundry

• Outdoor entertaining area

• Low-maintenance yard

• Single lock-up garage with internal access

• Contemporary finishes throughout

• Chemical termite barrier

• Functional floorplan with excellent separation of living and sleeping zones

• Ceiling height upstairs: 2.4m | Downstairs: 2.7m (approx.)

• Built in 2020 by Sunland

• Body Corporate fees: $106.03 per week (includes building insurance and pay-on-time discount)

• Tenanted paying $700 per week until 29/1/2027

• Council rates: $1,369 biannually (approx.)

• Water rates: $269 + usage per quarter (approx.)

Residents of The Heights Estate enjoy a fantastic family-friendly lifestyle surrounded by beautifully maintained parks, playgrounds, walking tracks, and open green spaces that make the community so highly sought after. Perfectly positioned in one of Pimpama's most convenient and fast-growing pockets, the estate offers easy access to local schools, shopping centres, cafes, sporting facilities, and public transport options, including the newly opened Pimpama Train Station and nearby M1 access for effortless commuting to both Brisbane and the Gold Coast. Families will appreciate the close proximity to quality schools such as Kings Christian College, St Joseph's College, and Pimpama State Primary and Secondary Colleges, while nearby amenities including Westfield Coomera, Gainsborough Greens Golf Course, and the state-of-the-art Pimpama Sports Hub further enhance the exceptional lifestyle on offer. Combining modern convenience, strong community appeal, and outstanding connectivity, The Heights Estate continues to stand out as one of the Northern Gold Coast's most desirable places to call home.

Disclaimer: While the agent has made reasonable attempts and efforts to verify the accuracy of the information contained within this marketing and advertising material, the agent takes no responsibility for any inaccuracies. Any prospective buyer/s should not rely on the particulars contained within these advertising or marketing materials as representations of fact but rather should undertake their own due diligence (or obtain independent advice) to verify and satisfy themselves of the validity of the particulars contained within the marketing and advertising materials. To the extent there is any inconsistency between these advertising or marketing materials and the Form 2 Seller Disclosure Statement for the property, the Form 2 will prevail. If this property is being sold by auction or without a price, then a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Listing description written by Shane Perry, Ray White Alliance — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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