QLD has seen average median house prices change by 2.39% which means that Pimpama, 4209 has done well for property investors by showing a capital gain of 8.87% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Pimpama has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Pimpama is offering property investors an average of -7.16. This rate of discount on properties puts Suburb at number 794th in terms of most discounted suburbs in QLD
Property investors should expect to get $420 weekly from the median priced house in this suburb.
Property value increases in Pimpama have tracked higher than the QLD average of 0.48% over the last 12 months.
The five-year average increase in median property values for Pimpama,4209 has given property investors a potential capital gain of -0.78% across each of those five years.
Property buyers and investors in Pimpama 4209 should be seeing an average reduction in asking price of around -8.13% . This means that Pimpama is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 0.59%, investors should hope to achieve an overall return of 5.20%