OFF MARKET

36 Milbrook Crescent
Pimpama QLD 4209

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 225m2
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Property Details for 36 Milbrook Cres, Pimpama

36 Milbrook Cres, Pimpama is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 225m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2016
Floor Size
100m2
Land Size
225m2
Local Government
Gold Coast City
Lot/Plan
137/SP274251

Last Listing description (May 2023)

This immaculate three-bedroom home located in The Meadows at 36 Milbrook Crescent, Pimpama, is the perfect opportunity for those looking for low maintenance and affordable living in one of Pimpama's fastest-growing areas.

Built only 7 years ago, the home boasts quality finishes and a modern palette throughout, featuring a bright and open kitchen complete with stainless steel appliances and an open plan living and dining area. The master bedroom is complete with a private ensuite, built-in wardrobes and private access to the front yard, while bedrooms 2 has a walk-in robe and 3 comes with built-in robes. The main bathroom offers a bathtub, and a built-in laundry provides convenience. Outside, a fully fenced yard includes an outdoor entertaining area with sliding door access, and a single lock-up garage offers secure parking. Other features include reverse cycle air conditioning in the main living area, ceiling fans throughout, and blinds throughout. With two street access, this property is as convenient as it is stylish.

This property is currently rented out at $450 per week until January 2024, which makes it an attractive investment opportunity. The property comes with a reliable long-term tenant, offering stable rental income for the new owner. The local rental market is highly competitive, driving strong returns for investors. Based on comparable rental prices in the area, there is fantastic potential to increase the rental income in the future, making this an exciting investment prospect.

Situated in The Meadows, residents will enjoy easy access to doctors, local schools, popular restaurants, shopping centres, and the M1. The area is perfect for building a quality life for yourself and your family, with great playgrounds, theme parks, and sporting fields just minutes away. Plus, the 15-hectare Gainsborough Parklands are only a 5-minute drive away, offering a huge playground, off-leash dog park, walking
tracks, bike paths, and sporting fields.

Don't miss out on this fantastic opportunity, this property won't last long!

Property History for 36 Milbrook Cres, Pimpama, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$520,000
29 Apr 2023
Listed for Rent
$350/w
02 Dec 2016
  • 29 Apr 2023
    Sold for $520,000
  • 14 Mar 2023
    Listed for Sale Offers over $525,000
  • 19 Oct 2016
    Listed for Rent - Price not available
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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 10,684 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:

  • The median value for Houses in Pimpama is $863,047 while the median value for Units is $680,815.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 54 properties listed for sale, and 47 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 857 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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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.