Property value increases in Pimpama have tracked close to the QLD average of 2.06% over the last 12 months.
Comparing Pimpama,4209 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Pimpama 4209 should be seeing an average reduction in asking price of around -4.29% . This means that Pimpama is holding prices well when compared to other suburbs in QLD.
Pimpama is 379th on a list of best yielding suburbs for rents in QLD with a 4.72% return
Property value increases in Pimpama have tracked higher than the QLD average of 0.98% over the last 12 months.
If we look at median property appreciation over just the last three months, Pimpama has given property investors a paper return of 3.33%. This puts Suburb as 51 on a list of fastest fasting appreciating suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Pimpama itself are offering an average vendor discount of -8.49% to real estate investors.
At number 1253 in a list of fastest selling suburbs, Pimpama is in the bottom 20% of suburbs in Australia with an average of days on market 111.59 for properties listed there.
With the median price for a house in Pimpama being $356500 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 5.40%