Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Coombabah › Pine Ridge Rd

U22, 402 Pine Ridge Rd, Coombabah QLD 4216

For saleTownhouse

$860,000–$880,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $860,000–$880,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $860,000–$880,000(Listing record · 8 July 2026)
  • CalculationAsk is 25% below the Coombabah median recorded sale ($1,143,250, n=66, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Coombabah's advertised median rent ($756/wk), implied gross yield would be 4.57% — 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

$860,000–$880,000

Asking range

No recorded sale for this property.

Coombabah at a glance

10,815

People

$1,143,250

Median sale

$756/wk

Median rent

3.44%

Suburb gross yield

Median sale from 66 recorded sales (last 12 months) — a Districts calculation.

See the full Coombabah report →

Vs Coombabah

-24.8%

Median sale

Suburb $1,143,250

+1.13 pp

Gross yield

Suburb 3.44%

Suburb median $1,143,250 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$860,000
Stamp Duty (Queensland)
$31,725
Transfer/Registration Fee
$3,414
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
$898,839

$38,839 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

Based on the low end of the asking range, not a contract price.

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

Net yield
3.07%
Annual cashflow (pre-tax)
$-18,308
Interest cover (DSCR)
0.59
Annual rent
$39,312
Operating expenses
$12,900
Loan amount
$688,000
Annual interest
$44,720
Gross yield
4.57%

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$860,000–$880,000available8 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 $756/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 4.6%. 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

Coombabah in one glance

Coombabah at a glance

10,815

People

$1,143,250

Median sale

$756/wk

Median rent

3.44%

Suburb gross yield

Median sale from 66 recorded sales (last 12 months) — a Districts calculation.

See the full Coombabah report →

Keep researching

  • Why Coombabah? Read the area thesis →
  • What else is on the market in Coombabah →
  • Other records on Pine Ridge Rd →

Listing material

Listed by exp Australia QLD

Flametree Glen Resort Lifestyle Community, Gated and Private

Peaceful and tranquil surrounds with nature on your doorstep from the many birds in the trees to koalas and kangaroos. Relax in your very own Sanctuary featuring Gated security with intercom, Resort style swimming pool, recreational area, undercover BBQ entertaining area for family and friends, Full size tennis court, manicured gardens and well-maintained grounds. Close access to the Coombabah nature reserve, Melaleuca boardwalk walking circuit, treescape surrounds in the 1,200 hectares of peaceful surrounds featuring walking and bicycle trails. Enjoy the beautiful landscape with native turkeys, birds, Koalas, and Kangaroos

This residence a town home affords a superb design layout from the external tiled front veranda to entrance and fully floor tiled with open space and natural light, living area with ceiling fan light, separate dining area, with access to the private rear undercover paved retreat looking out to the Coombabah reserve. A large kitchen with stone bench tops, light cabinetry, pantry, wall oven/griller, ceramic cooking top and rangehood, large fridge recess, dishwasher, s/s sink, lots of cupboards-drawers, an abundance of power points. A roomy laundry, separate downstairs toilet, upstairs having 3 bedrooms, large robes, with storage, a big spacious 2-way bathroom, a balcony off the main bedroom and bedroom 2 overlooking the open treescape views and reserve. Bedroom 3 with views to the rear reserve, Single lock up garage and 2 car driveway parking with lawn and manicured low maintenance gardens.

The property features and offers.

Read the full description

Construction of Brick and tile

Heritage style with fully tiled front veranda

Entrance to family living area with ceiling fan light.

Separate dining space, access to outdoor undercover private entertaining area

Spacious bright kitchen with Caesar stone bench tops, breakfast bar

Light Cabinetry with lots of drawers and cupboards, ceiling spotlights

Double door pantry, microwave nook and Westinghouse oven/griller

Ceramic cooking top with rangehood-tiled splashbacks

Slimline additional panty

Large fridge recess

Dishwasher and stainless sink with tap

Separate downstairs toilet

Large Laundry – access to external cloths line

Garage with 3 remotes - internal shelving and wall mounted cupboards

Upstairs layout

All bedrooms feature timber laminate flooring

Main bedroom with ceiling fan and extra-large semi-mirrored robes

Access to fully decked balcony with seamless treescape views

Bedroom 2

Ceiling fan, double robe and access to the upper balcony

Bedroom 3

Large semi-mirrored robes

Views to reserve and wildlife habitat

Big 2-way bathroom

Vanity/2 pac cabinets, wall mirror

Semi tiled with bathtub

Large shower recess

Towel rails

Separate toilet

Linen cupboard-storage

Downstairs private outdoor retreat fully paved

Sandstone feature rock garden

Assorted plants including fruit trees

Fully fenced, peaceful and private

Additional Information

• Nearby parks and reserves

• Close to buses and transport to all major centres

• Short drive to harbour town shopping outlets

• Short drive to Runaway Bay shopping precinct

• Gardens and grounds are all fully maintained

• Swimming pool – Full size tennis court

• Undercover recreational BBQ area

• Lots of visitor car parking

• Pets are permitted subject to BC approval

• Low body corporate fees

• Rental Appraisal approximately $850p/w

• Owners are relocating interstate

Area Profile

Set in this great location of Coombabah, a short drive to the Broadwater, close to Marine Parade, local parks, and picnic areas, close to Runaway Bay Shopping Precinct, a short drive to Southport CBD and Australia Fair shopping centres.

Good public transport with bus services running to all major centres, including light rail tram and train stations, easy access to Brisbane Road connecting to the M1 Pacific Motorway to Brisbane North or Coolangatta and Tweed Coast South.

"This is great lifestyle living at Flame tree Glen on the Northern Gold Coast with low maintenance safe, secure and with a calm temperate climate throughout the year

Listing description written by Frank Gardner, exp Australia QLD — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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