538 Gainsborough Drive, Pimpama QLD 4209

538 Gainsborough Drive, Pimpama QLD 4209
Four-bedroom modern house | Gainsborough Greens estate | tenanted below market rent | auction unless sold prior. This property offers a rare combination of a modern, single-level layout with a separate media room and open-plan living, built in 2020 on a 363 m² lot with 50% building coverage. The tenancy at $680 per week, well below the estimated $845 market rent, provides immediate upside for an investor after June 2026. The street has shown strong annual growth of 11-17% in comparable sales, and the estate’s proximity to schools and the northern Gold Coast expansion supports continued demand. It is best suited for an investor seeking a turnkey property with rental reversion potential or a family wanting a low-maintenance home in a growth corridor. The flood overlay is a specific risk that may affect insurance costs and future resale appeal, though no bushfire or heritage constraints apply. The off-market comparable on a larger lot suggests this property’s 363 m² land size may limit subdivision or extension options. The auction timeline and current tenancy require a buyer to plan for vacant possession or negotiate with the tenant. Hold for medium-term capital growth, with the rental upside as a buffer.
Detailed Independent Property Report prepared  by PropCred Analyst team for 538 Gainsborough Drive, Pimpama QLD 4209
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk 2
Income Risk
Execution Risk
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Market Insight

Pimpama presents a dynamic, high-growth market with a median house price near $930,000, recording exceptional annual growth of over 15%. Demand is driven by a diverse demographic, including families and higher-income earners attracted to new developments, supported by strong rental demand from its majority-renter population. The suburb’s robust sales activity and low days on market reflect competitive conditions. Future growth is underpinned by ongoing infrastructure development and access to key amenities, though its rapid price escalation warrants monitoring for affordability constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

363m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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