OFF MARKET

95 Flora Terrace
Pimpama QLD 4209

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 119m2
Land area: 300m2
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Last updated 28 Oct 2024
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Property Details for 95 Flora Tce, Pimpama

95 Flora Tce, Pimpama is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 300m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Floor Size
119m2
Land Size
300m2
Local Government
Gold Coast City
Lot/Plan
85/SP279818

Last Listing description (March 2022)

95 Flora Terrace is the perfect investment with a great tenant already locked in and ready to go. The property is located in the booming suburb of Pimpama one of Australia's fastest growing suburb which unlike a lot of other fast growing areas is located in a great location halfway between Brisbane and the Gold Coast. The suburb has infrastructure going up everywhere including a 14 hectare sporting precinct, Coomera Westfield shopping centre, leading eateries and an a huge array of amenities. A big development is the build of the new Pimpama train station giving rapid transit into Brisbane or ride the tracks all the way to Broadbeach and soon to Burleigh! Costco coming soon!

95 Flora Terrace the best investment because

It features 4 bedrooms
Master with ensuite
Additional bedrooms have built in robes
Neutrally decorated throughout adding to the cosmetic appeal of the house for a long time to come.
Double lock up garage.
Pimpama currently has a rental vacancy rate of 1.9% and a rental yield of 5.1%.
Current tenant paying $480 per week and the lease ends in January 2023
No body corporate fees
Low maintenance gardens

If you like a lot of people are trying to hunt a Pimpama investment property then this one should be something you consider!

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Property History for 95 Flora Tce, Pimpama, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$620,000
19 Jan 2022
Listed for Rent
$420/w
11 Jun 2020
  • 11 Mar 2022
    Listed for Sale Sold
  • 19 Jan 2022
    Sold for $620,000
  • 11 Jan 2022
    Listed for Sale Sold
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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 10,675 properties. Over the last 5 years, Houses in Pimpama have seen a 89.17% increase in median value, while Units have seen a 102.73% increase. As at 30 September 2024:

  • The median value for Houses in Pimpama is $865,419 while the median value for Units is $675,427.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 56 properties listed for sale, and 33 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 840 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.