SOLD
Sold on 14 Nov 2023 for $655,000

2/111 Fairbourne Terrace
Pimpama QLD 4209

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 132m2
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Property Details for 2/111 Fairbourne Tce, Pimpama

2/111 Fairbourne Tce, Pimpama is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2020. The property has a land size of 132m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Pimpama in the last 12 months.

Building Type
House
Year Built
2020
Floor Size
96m2
Land Size
132m2
Local Government
Gold Coast City
Lot/Plan
2/SP317732

Last Listing description (March 2024)

Are you in search of a beautiful 3-bedroom duplex that combines the comforts of home with incredible investment potential? Look no further! This immaculate property nestled in the ultra-convenient location of Pimpama offers the best of both worlds. Here's why it's the perfect choice for homeowners and astute investors alike:

Property Highlights:

- Rental Income Potential: This property is a rental gem, with the potential to yield a substantial income of $600-$650 per week, making it a smart choice for investors.

- Prime Location: Located in the heart of Pimpama, it's just a short walk to the Pimpama Shopping Village, ensuring you have all your daily essentials within arm's reach.
- No Body Corporate Fees: Enjoy the freedom of owning your property without the burden of ongoing body corporate fees. Shared insurance.
- Spacious Layout: This duplex boasts 3 bedrooms, 2 bathrooms, a single garage, and an additional car space. The oversized master bedroom provides a luxurious retreat.
- Convenient Access: Only 20 minutes to the sparkling shores of the Gold Coast and a mere 30 minutes to the vibrant city of Brisbane, this property offers accessibility to both major hubs.
- Eco-Friendly Features: The property is equipped with a 6.66kW Solar System featuring 36 solar panels, ensuring you can enjoy reduced energy costs. Plus, a 7kW air-conditioning system keeps you comfortable year-round.
- Privacy and Security: The property is fully fenced, offering a private and secure environment for you and your family.
- Modern Kitchen: The kitchen is adorned with sleek Caesarstone benchtops and top-quality fixtures and fittings, making it a pleasure to cook and entertain.
- Educational Facilities: Benefit from close proximity to schools and the Coomera Railway Station, making your daily commute a breeze.

The mailbox address is known as 7 Newbury Street, Pimpama

The owner has purchased a luxury family home and can move any time.
Contact us today to arrange a viewing and make this immaculate duplex your very own.
Kemal 0422 0422 71 or Charlie 0421 66 88 00

Disclaimer: Whilst all care and attention have been taken to ensure that the information contained in the above advertisement is true and correct at the time of publication, Farr Real Estate gives no warranty or assurance and makes no representation as to the accuracy or reliability of the information contained. It is advised that any prospective purchaser make their own inquiries and/or inspection prior to the purchase.

Property History for 2/111 Fairbourne Tce, Pimpama, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$655,000
14 Nov 2023
  • 14 Nov 2023
    Sold for $655,000
  • 31 Oct 2023
    Listed for Sale Not Disclosed
  • 18 Aug 2020
    Sold for $406,000

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About Pimpama 4209

The size of Pimpama is approximately 41.4 square kilometres. It has 34 parks covering nearly 13.3% of total area. The population of Pimpama in 2011 was 3,211 people. By 2016 the population was 9,392 showing a population growth of 192.5% in the area during that time. The predominant age group in Pimpama is 0-9 years. Households in Pimpama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pimpama work in a trades occupation. In 2011, 42.1% of the homes in Pimpama were owner-occupied compared with 29% in 2016.

Pimpama has 10,711 properties. Over the last 5 years, Houses in Pimpama have seen a 92.27% increase in median value, while Units have seen a 95.08% increase. As at 31 July 2024:

  • The median value for Houses in Pimpama is $874,007 while the median value for Units is $644,725.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 71 properties listed for sale, and 61 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 825 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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Farr Partners PTY LTD - RUNAWAY BAY
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.