QLD has seen average median house prices change by 2.41% which means that Pimpama, 4209 has done well for property investors by showing a capital gain of 10.63% over the last year
Taking the average capital gain, or increase in median house value, Pimpama,4209 has racked up an average of 10.63% over the period. This ranks it number 1777th in the whole country for real estate investors looking at median house price increases.
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 -3.74% is being offered, which puts this QLD suburb at 3202th most discounted overall in Australia.
At number 211th in the list of Australian suburbs ordered by increase in median house value over the last year, Pimpama, 4209 is in the top 20% with a property value increase of 16.87% recorded in median house prices.
Comparing Pimpama,4209 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Pimpama is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 103th in terms of most discounted suburbs in QLD
Property investors should expect to get $375 weekly from the median priced house in this suburb.
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.