Suburb Profile Report for Pimpama QLD (4209)

Pimpama House: Median price $449,940, Annual capital growth 0.37%, Number of sales 157, Weekly median advertised rent $420

Pimpama Unit: Median price $358,383, Annual capital growth 0.49%, Number of sales 117, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$449,940 $358,383
0.90% 4.79%
1.00% 11.82%
0.37% 0.49%
$420 $370
157 117
4.85% 5.37%
73.55 115.3

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Pimpama QLD
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
Chart Table
Recent sales & rentals