Suburb Profile Report for Pimpama QLD (4209)

Pimpama House: Median price $462,250, Annual capital growth 0.70%, Number of sales 190, Weekly median advertised rent $420

Pimpama Unit: Median price $356,500, Annual capital growth 0.46%, Number of sales 124, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$462,250 $356,500
2.72% 3.33%
3.88% 11.23%
0.70% 0.46%
$420 $370
190 124
4.72% 5.40%
84.39 111.59

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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
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