16/45 Christopher Street, Pimpama QLD 4209
16/45 Christopher Street, Pimpama QLD 4209
3-level townhome|double tandem garage|built 2011|flood overlay|family-focused location
The three-level layout is considered a rare advantage in the local townhouse market, where single-level or two-level designs are typically found. Secure parking and generous storage are added by the double tandem garage, which is viewed as a practical benefit for families or commuters. Built in 2011, this townhouse is positioned as comfortably established, avoiding new-build premiums while a modern open-plan interior and private balcony are offered. First-home buyers and young families are served best by this townhouse, given its low-maintenance design and proximity to school catchments, retail, and transport. The flood overlay is noted as a potential influence on buyer perception, but the configuration and garage are considered standout strengths.
The flood overlay might be seen as a value risk, as higher insurance premiums could be anticipated by buyers. Body corporate fees may be scrutinised, as they directly impact ongoing ownership costs. The lack of a disclosed aspect could be considered a drawback for sunlight-seeking buyers, though the balcony and open living spaces might be used to offset this. The triple-level design may not be suited to all demographics, particularly those with mobility limitations.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/45 Christopher Street, Pimpama QLD 4209
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Pimpama offers a blend of suburban calm and urban access, attracting higher-income earners into newer developments alongside a large renter base, with 56.9% of households renting. Demand is driven by excellent M1 connectivity, amenities, and sustained infrastructure investment. House prices have risen 15.5% annually to a median of $930,000, while units grew 11.4% to $741,000. Market conditions remain tight, with houses transacting in 16 to 39 days. Gross rental yields sit at 4.29% for houses and 4.65% for units, reflecting weekly rents of $740 and $695 respectively. Ongoing development and infrastructure improvements underpin future growth prospects.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 7/45 Christopher Street $789k, 8/45 Christopher Street $720k | Property Price Band: $700k-$800k | Value Drivers: three-level layout, tandem garage, build age
Bedrooms
3
Bathroom
2
Parking
2
Land
171m²
URL has been copied successfully!