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 › Formosa St
For sale
For sale
4
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
No recorded sale price for this property yet.
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.
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 YPA QueenslandOffered to the market for the very first time since its 2022 completion, this beautifully maintained owner occupied home presents as new and is ready for immediate enjoyment. With vacant possession available, you can simply unpack, settle in and start enjoying everything this modern home has to offer from day one.
Designed with everyday living in mind, the lower level features a light filled open plan kitchen, living and dining area complete with a built in bar, flowing seamlessly to a covered alfresco, creating the perfect space for entertaining family and friends. The contemporary kitchen is finished with quality appliances, a large island bench and ample storage, while the oversized double lock up garage provides plenty of room for vehicles and additional storage.
Upstairs, four generous bedrooms offer space for the whole family, with the master suite complete with its own ensuite. Fully zoned ducted air conditioning ensures year round comfort, while the solar system helps keep household running costs down.
With low body corporate of approximately $50 per week and a location just moments from Pimpama Village, the M1, the new Pimpama Train Station and local schools and childcare, this is an outstanding opportunity for buyers looking to secure a quality home in one of the northern Gold Coast's fastest growing suburbs.
Property Features
Vacant possession available and move in ready
First time offered since its 2022 build
Immaculate owner occupied home
Four spacious bedrooms
Two bathrooms plus downstairs powder room
Oversized double lock up garage
Open plan living and dining with built in bar and seamless indoor outdoor flow
Covered alfresco for year round entertaining
Contemporary kitchen with island bench and quality appliances
Fully zoned ducted air conditioning throughout
Solar system installed
Low body corporate of approximately $50 per week
Less than 1km to Pimpama Village, the M1 and the new Pimpama Train Station
Approximately 500m to local childcare
Disclaimer:
All clients are strongly encouraged to undertake their own due diligence, including independent inspections. Any marketing materials provided by YPA Queensland are for marketing purposes only. Clients must rely on their own investigations before making any decisions
Listing description written by Steven Spiteri, YPA Queensland — reproduced as published, not verified by Districts.