Pimpama is an average performer in QLD when comparing median price capital growth over the last year. Pimpama gave property investors a average capital gain figure when compared to the rest of the state, with 1.00%.
Pimpama,4209 was ranked 2036 in Australia by increase in median property value over the quarter.
The most recent median price for Pimpama is $449940, with sellers offering an average of -4.73% off the asking price.
In the last year 157 properties changed hands in Pimpama, which puts it as the 98th most active market in QLD when comparing the number of sales per suburb.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.85%, without taking into account capital value appreciation, which has been averaging out at 0.37%.
With a capital gain of 11.82% for the last 12 months, Pimpama, 4209 has performed for property investments than its average annual 0.49% property growth over the last 5 years.
Pimpama,4209 has offered an average of 11.82% return per annum in house price rises to property investors over the last three years.
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 -7.13% is being offered, which puts this QLD suburb at 252th most discounted overall in Australia.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 0.49%, investors should hope to achieve an overall return of 5.37%