QLD has seen average median house prices change by 2.44% which means that Pimpama, 4209 has done well for property investors by showing a capital gain of 10.88% over the last year
Over the longer term, Pimpama has seen property prices show investors a 22.07% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pimpama, 4209. Typically our figures indicate that -4.03% is being offered, which puts this QLD suburb at 3010th most discounted overall in Australia.
Pimpama is 471th on a list of best yielding suburbs for rents in QLD with a 4.42% return
Pimpama, 4209 ranked 351th in QLD when comparing growth in median property values or capital gain over the last 12 months. Pimpama is one of 2415 in our list for QLD
Comparing Pimpama,4209 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Pimpama itself are offering an average vendor discount of -6.44% to real estate investors.
Residents and property investors in Pimpama have been waiting around 117.62 days to sell a property.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of -1.19%, investors should hope to achieve an overall return of 7.09%
The northern Gold Coast suburb of Pimpama has seen growth come with its urbanisation. The unit market, in particular, has become popular in recent years.Full summary
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The northern Gold Coast suburb of Pimpama has seen growth come with its urbanisation. The unit market, in particular, has become popular in recent years. The high rental yield of 5.4% for apartments appeals to investors, in this central area that is considered the midway point between Brisbane and Surfers Paradise.
Following a slump in recent years, houses are beginning to recover and increase in value again, with the median price clocking in at $423,125. In terms of population growth, the Australian Bureau of Statistics reported that in the 2014-2015 period, Pimpama was the fastest-growing region in Queensland.
It helps that various convenient amenities have been established here, including many schools and sports facilities. Many plans are also in place to improve the shopping district.