Property value increases in Pimpama have tracked just higher than the QLD average of 2.82% over the last 12 months.
Pimpama,4209 was ranked 2680 in Australia by increase in median property value over the quarter.
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 -2.76% is being offered, which puts this QLD suburb at 869th most discounted overall in Australia.
Property value increases in Pimpama have tracked lower than the QLD average of -0.09% over the last 12 months.
Pimpama,4209 has offered an average of -17.22% return per annum in house price rises to property investors over the last three years.
Pimpama is 48th on a list of best yielding suburbs for rents in QLD with a 6.54% return
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.