SOLD
Sold on 22 Jan 2024 for $650,000

40 Trump Street
Pimpama QLD 4209

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 163m2
Land area: 177m2
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Property Details for Lot 1/40 Trump St, Pimpama

Lot 1/40 Trump St, Pimpama is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 177m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Pimpama in the last 12 months.

Building Type
House
Year Built
2016
Floor Size
163m2
Land Size
177m2
Local Government
Gold Coast City
Lot/Plan
1/SP290880

Last Listing description (January 2023)

This immaculate 4 bedroom family home was constructed in 2017 and has been well taken care of. This is the perfect opportunity for a first home buyer, a down-sizer or investor looking to steal an affordable home in the thriving northern Gold Coast.

With a fantastic layout and modern finishes, split system aircon and low maintenance landscaping and courtyard, this duplex home ticks all the boxes. There's no BodyCorp, only Strata fees.


Situated just 2kms from the M1 motorway enabling residents to shoot north to Brisbane CBD in less than 50 minutes, or south to the golden beaches. Also, you're conveniently located 1km from Woolworths, Pimpama Pavilion, cafes, restaurants and takeaway stores, and just 1.8kms from Homeworld and Bunnings. The $40m Pimpama Sports Hub is nearby and the new Pimpama train station is also close.

The major shopping centre of Westfield Coomers is only 10 minutes drive, Coomera train station, CostCo (under construction) and the new Coomera Hospital (under construction).

Features:


Modern family sized kitchen
Open plan dining and living room
Master bedroom with modern ensuite
4 spacious upstairs bedrooms
Modern main bathroom with shower and separate bathtub
Downstairs powder room with toilet (3 toilets in total)
Outdoor courtyard
Single lock up garage
Split system aircons and ceiling fans throughout
Study nook
Low maintenance landscaping
Fully fenced with double sided access

Pimpama is a thriving suburb of the northern Gold Coast. Due to the high population growth, governments and private businesses continue to invest in the area, with the recent completion of the $40M Sporting Hub and the Pimpama train station set for development. There are several primary and high schools, childcares and a vast range of major shopping outlets. HomeWorld Pimpama, featuring Bunnings, is one of the largest in South East QLD.

The home is currently leased until April 2023 for $460 per week. There's certainly an opportunity to increase the rent to $500 - $530 per week at the lease renewal, based on comparable properties and the current rental market.

Contact Andrew Marsh to organise an inspection.

Property History for Lot 1/40 Trump St, Pimpama, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$650,000
22 Jan 2024
  • 22 Jan 2024
    Sold for $650,000
  • 15 Nov 2022
    Sold for $560,000
  • 10 Nov 2022
    Listed for Sale SOLD - $550,000
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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 10,757 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 30 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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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.