Pinkenba freestanding Investment ?
Pinkenba has experienced unprecedented capital growth in recent years with many national and international companies now housed within this precinct.
The subject property is a 5,697sqm freestanding building on a 10,600sqm General Industry site leased to a national retail tenant.
The size of Pinkenba is approximately 15.8 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Pinkenba in 2011 was 349 people. By 2016 the population was 375 showing a population growth of 7.4% in the area during that time. The predominant age group in Pinkenba is 50-59 years. Households in Pinkenba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pinkenba work in a machinery operators and drivers occupation. In 2011, 59.2% of the homes in Pinkenba were owner-occupied compared with 55.7% in 2016.
Pinkenba has 576 properties. Over the last 5 years, Houses in Pinkenba have seen a 62.03% increase in median value, while Units have seen a 25.90% increase. As at 31 October 2024:
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