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QLD › Pimpama › Gainsborough Dr

U124, 370 Gainsborough Dr, Pimpama QLD 4209

For saleTownhouse

$840,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

150 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $840,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $840,000(Listing record · 27 July 2026)
  • CalculationAsk is 14% 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 4.67% — 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

$840,000

Asking · $5,600/m² of land

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

-13.7%

Median sale

Suburb $973,500

+0.64 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
$840,000
Stamp Duty (Queensland)
$30,825
Transfer/Registration Fee
$3,321
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
$877,846

$37,846 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
3.17%
Annual cashflow (pre-tax)
$-17,072
Interest cover (DSCR)
0.61
Annual rent
$39,208
Operating expenses
$12,600
Loan amount
$672,000
Annual interest
$43,680
Gross yield
4.67%

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$840,000available27 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 4.7%. 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 Gainsborough Dr →

Listing material

Listed by Republik Property Partners

Vacant Possession | Four-Bedroom Townhouse

Offering space, flexibility and an easy-care lifestyle within the popular Gainsborough Views Estate, 124/370 Gainsborough Drive presents an excellent opportunity for owner-occupiers and investors alike.

With vacant possession available at settlement or keep the current tenant in place, this is a property that gives buyers the flexibility to move straight in, secure a quality investment or simply take advantage of the strong rental demand across the Pimpama market.

Spread across two well-designed levels, the townhouse offers four bedrooms, multiple living areas and a practical floorplan suited to modern family living.

Read the full description

On entry, a separate downstairs living zone provides valuable flexibility and could easily be utilised as a media room, home office, children's retreat or additional sitting area. The main living zone is positioned at the rear of the home and combines the kitchen, dining and living areas into a bright and functional space. The contemporary kitchen features stainless steel appliances, dishwasher, generous bench space and ample storage. From here, sliding doors open to the private, fully fenced courtyard — a low-maintenance outdoor space ideal for entertaining, relaxing or allowing children and pets to enjoy the outdoors.

Upstairs, the master bedroom is privately positioned and features its own ensuite and generous built-in wardrobe. Three additional bedrooms, all with built-in robes, are serviced by the family bathroom with separate shower and bathtub, together with a separate toilet.

For buyers wanting additional space, the downstairs multipurpose room is a genuine bonus and provides the flexibility that many four-bedroom townhouses simply don't offer.

Property Features

• Four bedrooms, all with built-in wardrobes

• Master bedroom with ensuite and generous built-in robe

• Two bathrooms plus downstairs powder room

• Separate upstairs toilet

• Additional downstairs living/multipurpose area

• Open-plan kitchen, living and dining

• Contemporary kitchen with stainless steel appliances and dishwasher

• Separate laundry with additional storage

• Private, fully fenced and low-maintenance courtyard

• Single lock-up garage with internal access

• Driveway parking for a second vehicle

• Air conditioning and ceiling fans throughout, where applicable

• Vacant possession available at settlement

Gainsborough Views Estate

Residents enjoy access to a range of resort-style facilities, including:

• Large swimming pool

• BBQ and entertaining area

• Landscaped gardens and communal spaces

• Walking tracks and family-friendly surrounds

• Onsite management

• Secure, well-maintained community

• Vacant possession available

Connected Pimpama Living

Positioned within the established Gainsborough Views Estate, the property is surrounded by the everyday conveniences that make Pimpama such a popular choice for families and investors. You'll be within easy reach of shopping, cafés, restaurants, medical facilities, schools, sporting facilities and public transport, while the M1 provides convenient connectivity north towards Brisbane and south towards the Gold Coast. Westfield Coomera, Costco, Bunnings, Pimpama Sports Hub, Coomera Town Centre and the Gold Coast's major theme parks are also within easy reach.

With four bedrooms, multiple living spaces, vacant possession and strong rental potential, 124/370 Gainsborough Drive is an opportunity worth inspecting.

Contact Hayleigh McAuliffe on 0423 328 223 for further information or to arrange your inspection.

Listing description written by Hayleigh McAuliffe, Republik Property Partners — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Pay TV
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Study
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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.