Pimpama is a large suburb in Queensland within the Gold Coast local government area (postcode 4209). With a population of 24,601, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $97K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Pimpama is $735,000, having surged 11.4% over the past year. Units have a median price of $650,000 (+15% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,978.
Pimpama is served by 6 schools, including 4 primary, 1 secondary, 1 combined. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 2 rail stations, 68 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Pimpama offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($735K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +11.4% year-on-year.
Pimpama is a large suburb in Queensland within the Gold Coast local government area (postcode 4209). With a population of 24,601, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $97K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Pimpama is $735,000, having surged 11.4% over the past year. Units have a median price of $650,000 (+15% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,978.
Pimpama is served by 6 schools, including 4 primary, 1 secondary, 1 combined. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 2 rail stations, 68 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Pimpama offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($735K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +11.4% year-on-year.