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%.