SOLD
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Sold on 29 May 2024 for $785,000

3 Panama Street
Pimpama QLD 4209

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 452m2
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Property Details for 3 Panama St, Pimpama

3 Panama St, Pimpama is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 452m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Pimpama in the last 12 months.

Building Type
House
Land Size
452m2

Last Listing description (May 2024)

ONLY 8 YEARS YOUNG - Your search is over !

Ideally located in the tightly held Pimpama Village Estate& situated only a couple of minutes from the M1 off-ramp, giving you quick access to Brisbane and The Gold Coast, the position of this house ensures your long term investment is secure

With no Body Corp fees, as well as a long term tenancy already in place, you can start your investment journey with instant income

Features of this property include;

• 4 bedrooms, 2 bathrooms as well as 2 living areas
• Double lock up garage
• Spacious yard on this 452 m2 landscaped block
• Kitchen is complete with stone tops, dishwasher & wide fridge space
• Air conditioning & ceiling fans add to your comfort
• Undercover alfresco area offers outdoor dining option
• Second living area offers an extra space or office if need be
• Fenced grassed yard offers security and play area
• Open floorplan adds to the real modern feel of this home
• Super quiet street in a well designed community

With the $140 million dollar master planned community, you are close to quality schools, recreational facilities, dining precincts and transport, there is something for everyone.

Council rates - around $4,000 per annum (combined land and water)
Rental potential of well over $700 per week (currently at $670 per week)

• 2 min drive to Pimpama Tavern
• 3 min drive to Pimpama City Shopping Centre
• 6 min drive to Pimpama Sports Hub
• 6 min drive to Pimpama State School
• 7 min drive to Gainsborough Greens Golf Club
• 8 min drive to Livingstone College
• 10 min drive to Pimpama Secondary College
• 10 min drive to Costco Wholesale & well as Westfields Shopping hub
• 30 min to the Gold Coast CBD

Don’t let this one slip - Contact Wayne or Patrick today to ensure you have every chance to secure this stand out investment

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 3 Panama St, Pimpama, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$785,000
29 May 2024
Listed for Rent
$650/w
19 Nov 2022
  • 15 May 2024
    Sold for $800,000
  • 09 May 2024
    Listed for Sale Offers Over $749,000
  • 09 Nov 2022
    Listed for Rent $650 / week
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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 10,756 properties. Over the last 5 years, Houses in Pimpama have seen a 80.81% increase in median value, while Units have seen a 103.98% increase. As at 30 November 2024:

  • The median value for Houses in Pimpama is $867,338 while the median value for Units is $682,948.
  • Houses have a median rent of $690 while Units have a median rent of $630.
There are currently 46 properties listed for sale, and 27 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 824 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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Wayne Oweis
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Patrick Watsana
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Wisdom Realty
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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.