Pimpama, Qld

 

Market Overview

 

Pimpama is located 48km south-east of Brisbane's Central Business District (CBD). Its local government area is the City of Gold Coast. The last remaining rural town on the Pacific Motorway between Brisbane and the Gold Coast, Pimpama has a large area of undeveloped land. With the urban development of the region, Pimpama's population has experienced rapid growth.

 

 

People

Pimpama’s population is dominated by established, older and maturing families.

 

Lifestyle

Pimpama’s residents benefit from being close to Surfers Paradise beaches and the Gold Coast's most popular fun parks including Dreamworld and White Water World only minutes away. The Brisbane CBD is also just a 40 minute car ride away.

Helensvale Westfield Shopping Centre is also nearby as is the Gainsborough Greens golf course.

An approved $1 billion development of the Coomera Town Centre is also set to include a Westfield shopping centre, cafes and restaurants, commercial offices, recreation and sporting facilities.

 

Homes

New homes dominate Pimpama’s housing stock.

Demand & Demographics

 

Population

Demand for property is driven by a range of factors including demographic change, housing tenure, family and household structure and income levels.

People



  • Total Population

    3,211

  • Female

    1,623

  • Male

    1,588

  • Median Age

    29

Family Composition



  • Families

    895

  • Children per family

    1.8

Occupation



  • Total Employed

    1,472

  • Top Occupation

    Technicians and trades workers

  • Top Occupation % Share

    17.4%

Income $/week



  • Personal

    $702

  • Family

    $1,511

  • Household

    $1,459

 

Family composition



  • Couple without Children

    349

  • Couple with Children

    401

  • One Parent Family

    134

Age



  • Top age group

    25-29

  • Top age number

    371

  • Top age group % share

    11.6%

Industry of employment



  • Top Industry

    School education

  • Total Workers (in top industry)

    65

  • Share of Employment

    4.2%

Supply & Dwellings

 

Building approvals - New Houses



  • Total Number

    870

  • Value ('000)

    $202,974

  • % Share

    95%

* These statistics are financial year to date

Building approvals - Other



  • Total Number

    50

  • Value ('000)

    $9,009

  • % Share

    5%

* These statistics are financial year to date

Dwelling Type (number)



  • Detached houses

    796

  • Semi-detached houses

    245

  • Flats, units or apartments

    0

Dwelling tenure (number)



  • Owned outright

    134

  • Owned with a mortgage

    308

  • Rented

    573

Sales Market

 

Property Market Indicator


  • Average days on market

    77

 

Prices


More about this Suburb ?

  • 1.13%

    Median Price Annual Change (10 years)

  • 6.16%

    Price Change (1 Year)

  • $425

    Median Rent per week

  • 4.48%

    Gross Rental Yield

  • -0.15 %

    Median Price Annual Change (10 years)

  • -6.67 %

    Price Change (1 Year)

  • $377

    Median Rent per week

  • 5.88%

    Gross Rental Yield

 

Rental Market

 

Pimpama, Qld Rent

$425 PW

Rental Growth and Yield

Gross Rental Yield
4.48%
Change in Rental Rate (1 Year)
0.89%
Gross Rental Yield
5.88 %
Change in Rental Rate (1 Year)
2.15 %
Data Disclaimers

Infrastructure, Jobs & Planning

 

Location & Convenience


Distance to

 

The South East Queensland Regional Plan 2009-2031

The Plan is designed to guide regional growth and development in South East Queensland.

 

The South East Queensland Infrastructure Plan and Program 2010–2031

Produced by the Queensland Department of Infrastructure and Planning, the Plan outlines estimated infrastructure investment across South East Queensland to 2031.

 

 

Roads & Public transport

 

 

Bus

Route 3066 - Coomera, Pimpama College (school)
Route 3075 - Upper Coomera, Pimpama High, Pimpama Primary (school)
Route 3183 - Pimpama Colleges, Coomera (school)
Route 3176 - Pimpama High, Coomera (school)
Route 3186 - Pimpama Colleges, Upper Coomera
Route 3180 - Pimpama High, Coomera (school)
Route 3036 - Pimpama College, Coomera (school)
Route 3185 - Pimpama Primary, Pimpama Colleges (school)

 

Tram

 

Train

Serviced by TransLink, Ormeau Station is the closest rail station (Gold Coast Line).

 

Roads

Easy access to M1 urban road corridor.

Victorian data sourced from Public Transport Victoria (PTV) and VicRoads
Queensland data sourced from Queensland Government and TransLink

 

Employment Centres

 

Pimpama is 30km from Surfers Paradise and 48km from the Brisbane CBD. Approval of the $1 billion Coomera Town Centre will be a key driver of growth going forward.

Nearby education providers include Griffith University, Southern Cross University, Bond University, Central Queensland University and TAFE Queensland Gold Coast.

Health, medical and wellbeing amenities include Gold Coast University Hospital and Robina Hospital.

Source: Australian Bureau of Statistics (ABS) 2011.