Investment Property Area of the Month March – Pimpama, QLD

Investment Property Area of the Month March – Pimpama, QLD

Pimpama is situated in the northern corridor of the Gold Coast, and is the fastest growing area in Queensland. With a consistent solid rate of growth, Pimpama is a fantastic area to invest in now.

The rapid growth of population in the area has stimulated the need for more housing availabilities and more infrastructure to be built to keep up with the demand. The average rental weekly rental price is also gaining momentum with rents increasing by $30-$45 per week over a 5yr period to June 2016. Pimpama has a very strong rental demand with approximately 56% of residents in the area being renters.

Some other highlights of the area include;

• Easy accessibility to major ports, highways and airports.
• Just over 30mins drive to Brisbane CBD, approx. 1hr to Brisbane Airport, 25mins to Gold Coast Health &
• Knowledge Precinct and only 10mins to Coomera Train Station
• A new $390 million Gold Coast Marine Precinct is being built, along with a $1.76 billion Gold Coast
• University which includes Queensland’s largest clinical teaching and research facilities.
• Substantial choice of educational facilities available in the area, home to 20 primary and secondary schools. The new prestigious King’s Christian College Pimpama Campus has also recently opened.
• Diverse range of parklands and sporting facilities available
• Close to Gold Coast’s major theme parks, beaches and waterways
• 10mins drive to Westfield Helensvale and Helensvale Homeworld, the largest Homemaker centre on the Gold Coast

As you can gather, Pimpama is a red hot investment area at the moment, with properties selling very quickly due to the high demand in the area. It is a very sort after area by many renters also, being so close to a variety of transport, schools and shopping locations.

For more information about this area or other areas in the region, contact us on (02) 8814 5275

We also have our featured Investment Property of the Month in Pimpama and don’t forget to use our free property investing calculators to calculate out all your costs and how much you can borrow to invest on our Investment property Area of the month or any other Property Investment.

We also have a free costs guide to help make sure that you make the right property investment decisions.