18 Coldstream Street, Pimpama QLD 4209
18 Coldstream Street, Pimpama QLD 4209
4 bed family house | 468m² larger site | two living areas | flood overlay noted
This property holds a clear edge in its immediate pocket because it combines the full family configuration—four bedrooms, two bathrooms, double garage—with a genuinely larger-than-typical 468m² block and a 237m² floorplan. That translates into usable space both inside and out, with two separate living zones, a covered entertaining area, and a fully fenced yard, which is exactly what owner-occupier families in Pimpama are looking for. The finishes are practical and modern, with stone benchtops and tiled main living areas, and the house sits in a residential estate that benefits from established schools, shopping, and transport links. It serves best as a long-term family home, though the rental demand in this corridor also makes it a credible option for an investor targeting the mid-to-high $700s weekly range.
The main factor to weigh is the flood overlay and low ground elevation of 3m, which may affect insurance costs and could temper buyer enthusiasm in a slower market, though no flood event history was indicated. The building coverage at 51% leaves limited room for major extensions, so the value sits in the current layout rather than future redevelopment potential. The absence of bushfire or heritage constraints is a positive, and the newer construction quality should reduce immediate maintenance concerns, but the lack of stated building age means a building and pest inspection would be prudent to confirm structural condition and any past issues.
|| Comparable Sales: 3 Coldstream Street sold $870,000; 18 Coral Street estimated $1.06M | Property Price Band: $1.0M–$1.1M | Value Drivers: larger land size, four-bedroom layout with two living areas, modern finishes and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Coldstream Street, Pimpama QLD 4209
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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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.
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PropCred Estimated Value
Comparable Sales: 3 Coldstream Street sold $870,000; 18 Coral Street estimated $1.06M | Property Price Band: $1.0M–$1.1M | Value Drivers: larger land size, four-bedroom layout with two living areas, modern finishes and presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
468m²
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