3/24 Bidmead Cct, Pimpama is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 147m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
NRAS properties have been a revelation with investors since being made available. With the potential for tax concessions above $10,000 a year available they represent incredible opportunities.
Being made vacant for sale for the first time also allows owner occupiers to buy a ready-made home in a fast-growing corridor before prices inevitably go up.
Now the opportunity is out of the way, lets talk about the property.
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 10,684 properties. Over the last 5 years, Houses in Pimpama have seen a 80.92% increase in median value, while Units have seen a 106.87% increase. As at 31 October 2024:
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