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QLD › Elanora › Simpsons Rd

U39, 31 Simpsons Rd, Elanora QLD 4221

For saleTownhouse

$779,000

For sale

Asking

2

Bedrooms

1

Bathrooms

4

Car spaces

247 m²

Land

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 · 4 Aug 2026)
  • CalculationAsk is 51% below the Elanora median recorded sale ($1,600,000, n=46, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Elanora's advertised median rent ($1,122/wk), implied gross yield would be 7.49% — 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 · $3,154/m² of land

No recorded sale for this property.

Elanora at a glance

13,260

People

$1,600,000

Median sale

$1,122/wk

Median rent

3.65%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Elanora report →

Vs Elanora

-51.3%

Median sale

Suburb $1,600,000

+3.84 pp

Gross yield

Suburb 3.65%

Suburb median $1,600,000 from 46 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 Elanora's advertised median rent — not a rent for this listing.

Net yield
5.99%
Annual cashflow (pre-tax)
$6,151
Interest cover (DSCR)
1.15
Annual rent
$58,344
Operating expenses
$11,685
Loan amount
$623,200
Annual interest
$40,508
Gross yield
7.49%

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$779,000available4 Aug 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 $1,122/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 7.5%. 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

Elanora in one glance

Elanora at a glance

13,260

People

$1,600,000

Median sale

$1,122/wk

Median rent

3.65%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Elanora report →

Keep researching

  • Why Elanora? Read the area thesis →
  • What else is on the market in Elanora →
  • Other records on Simpsons Rd →

Listing material

Listed by Welcome Change Realty

A HIDDEN BUSHLAND SANCTUARY...JUST MINUTES FROM THE BEACH!

Imagine coming home to six hectares of peaceful native bushland, where birdsong replaces the sound of traffic, yet Palm Beach, Currumbin Beach and the crystal-clear waters of Tallebudgera Creek are only minutes away. Positioned within the tightly held Oceanwood community, this two-bedroom townhouse offers something increasingly rare: genuine privacy, abundant birdlife and a relaxed lifestyle in one of the southern Gold Coast's most sought-after locations.

Lovingly maintained over the years, this original home offers the perfect opportunity to move straight in and make improvements at your own pace. Rather than paying a premium for someone else's taste and renovation, you'll have the freedom to update the home over time, creating a space that's truly your own while adding value along the way.

Whether you're buying your first home, downsizing to a more relaxed lifestyle or investing in one of the southern Gold Coast's most sought-after locations, this is an opportunity to secure a home in a setting that's becoming increasingly difficult to find.

Read the full description

Wake to birdsong, enjoy your morning coffee surrounded by trees, cool off in the resort-style pool or spend weekends exploring beaches, creeks and coastal walks just minutes from home. It's a relaxed Gold Coast lifestyle that's becoming increasingly difficult to secure at this price point.

One of Oceanwood's greatest attractions is its unique combination of peaceful bushland living and outstanding convenience. It's hard to believe you can enjoy such a tranquil setting while being only minutes from beaches, shopping, cafés, restaurants and every lifestyle amenity the southern Gold Coast has to offer. Whether you're looking for a peaceful place to call home or a perfectly positioned base from which to enjoy everything this beautiful region has to offer, this location truly delivers the best of both worlds.

Things You'll Love About The Home:

- Light-filled split-level end townhouse, one of only four in the building, offering added privacy and an abundance of natural light

- Huge double lock-up garage plus two additional off-street parking spaces, with convenient visitor parking right beside the townhouse

- Two generous bedrooms, the main with a walk-in robe and ceiling fans in both bedrooms

- Open-plan kitchen, living and dining overlooking peaceful bushland

- Elevated position with a tranquil leafy outlook and abundant birdlife

- Balcony off the living area, perfect for relaxing amongst the trees

- Level access from the back door to a grassy yard

- Original condition throughout, offering the opportunity to renovate and add value over time

- Resort-style swimming pool within the complex

The Details:

- Oceanwood is set across approximately six hectares of leafy bushland

- 102 residences within the complex

- Excellent on-site management

- Pet friendly (subject to body corporate approval)

- Body Corporate: Approx. $95 per week if paid on time

- Sinking Fund balance: $25,537.35

- Rates: Approx. $1,498 per 6 months

- Water: Approx. $521 per 3 months

- Built in 1995

- Currently tenanted at $630 per week until 7th September 2026

- Property will be sold with vacant possession

- Current rental appraisal: $700 to $750 per week

WHY YOU'LL LOVE LIVING ON THE SOUTHERN GOLD COAST

Beaches & Coastal Lifestyle:

- Minutes to Palm Beach, Currumbin Beach and Tugun Beach

- Spend weekends surfing at Currumbin Alley

- Paddleboard, kayak, swim or picnic at beautiful Tallebudgera Creek

- Fish, swim or simply relax on some of the Gold Coast's most spectacular beaches

- Scenic beachfront walking and cycling paths

Nature & Outdoor Adventures:

- Currumbin Wildlife Sanctuary

- Burleigh Head National Park

- Currumbin Rock Pools

- Springbrook National Park and Natural Bridge

- Walking trails, waterfalls and abundant native wildlife

Cafés, Dining & Entertainment:

- An incredible choice of beachfront cafés, award-winning restaurants and iconic surf clubs throughout Palm Beach, Currumbin and Burleigh Heads

- A relaxed coastal lifestyle with something new to discover every weekend

Shopping & Everyday Convenience

- The Pines Shopping Centre just minutes away

- Robina Town Centre within easy reach

- Popular Palm Beach and Burleigh Farmers Markets

- Excellent local schools

- Medical facilities and everyday services nearby

Easy Connectivity:

- Less than 15 minutes to Gold Coast Airport

- Easy access to the M1

- Ideally positioned near the Queensland/New South Wales border, making commuting in either direction easy

- Perfect for commuters, frequent travellers and those who love to explore

Currently leased to an excellent long-term tenant who has clearly cared for the home, the property will be sold with vacant possession once the lease concludes on 7th September 2026.

Disclaimer:

Disclaimer:

We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Listing description written by Stewart McLeish, Welcome Change Realty — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • In-Ground Pool
Districts

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.