Suburb Profile Report for Pimpama QLD (4209)

Pimpama House: Median price $450,000, Annual capital growth 0.88%, Number of sales 168, Weekly median advertised rent $420

Pimpama Unit: Median price $360,000, Annual capital growth 0.56%, Number of sales 114, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Pimpama, 4209 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.12%

The five-year average increase in median property values for Pimpama,4209 has given property investors a potential capital gain of 20.81% across each of those five years.

Our latest figures would indicate that property sellers in Pimpama are currently offering property investors an average price cut of -4.44% below the asking price at the moment.

On average over the past year, suburb has had 14.00 sales per month, which equates to 168 per year.

If you compare the increase in value of investment property in Pimpama, 4209 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 11.98%.

The five-year average increase in median property values for Pimpama,4209 has given property investors a potential capital gain of -3.46% across each of those five years.

Property buyers and investors in Pimpama 4209 should be seeing an average reduction in asking price of around -8.05% . This means that Pimpama is holding prices well when compared to other suburbs in QLD.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.34%, without taking into account capital value appreciation, which has been averaging out at 0.56%.

HOUSE UNIT
$450,000 $360,000
0.03% 3.45%
1.12% 11.98%
0.88% 0.56%
$420 $370
168 114
4.85% 5.34%
82.35 112.5

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 3211
Median household income ($/weekly) 1459
Median age of persons 29
Median housing loan repayment ($/monthly) 2400
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 326 10.2
    5-14 years 430 13.4
    25-34 years 647 20.2
    35-44 years 412 12.8
    45-54 years 346 10.8
    Others 1049 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 1019 47.2
    Not Married 705 32.6
    Defacto Relationship 436 20.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2273 75.2
    Papua New Guinea 302 10.0
    South Africa 28 0.9
    United Kingdom 177 5.9
    Other 85 2.8
    Others 156 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 1.4
    Christianity 1907 65.9
    Islam 17 0.6
    Other Religious Groups 15 0.5
    No Religion 903 31.2
    Others 12 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 81 8.7
    $1,000-$1,249 103 11.0
    $1,250-$1,499 101 10.8
    $1,500-$1,999 170 18.2
    $2,000-$2,499 116 12.4
    Others 364 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1034 45.1
    Not in the labour force 630 27.5
    Employed, worked part-time 438 19.1
    Unemployed, looking for work 104 4.5
    Employed, away from work 86 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 11.1
    Professionals 222 14.3
    Technicians & trades workers 271 17.4
    Clerical & administrative workers 229 14.7
    Labourers 183 11.8
    Others 479 30.8
    Occupation
    Census Count Percent(%)
    Pre-school 63 9.0
    Infants/Primary 293 41.8
    Secondary 161 23.0
    Technical or Further Educational Institution 67 9.6
    University or other Tertiary Institutions 97 13.8
    Others 20 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2401 81.3
    Semi-detached, row or terrace house, townhouse 544 18.4
    Improvised home, tent, sleepers out 8 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 573 55.8
    Being purchased 307 29.9
    Fully owned 134 13.1
    Other tenure type 12 1.2
    Tenure Type
Census 2011, ABS
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