26 Moondarra Street, Pimpama QLD 4209
26 Moondarra Street, Pimpama QLD 4209
Well-priced family home | Flood overlay present | Strong school catchment | Owner-occupied street character
This property offers a rare combination of a generous 469mยฒ lot and a functional 191mยฒ floorplan in a street where 65% of properties are owner-occupiedโa signal of stable neighbourhood quality. The open-plan living and kitchen layout suits a family seeking low-maintenance space, while the proximity to Gainsborough State School (0.5km) and Pimpama State Secondary College (2.2km) provides a clear demographic advantage. With the local median at $995k and a nearby comparable sale at $950k, the estimated $1.04-1.06m range suggests the buyer is paying a slight premium for the larger lot and street character, which is defensible given the limited recent turnover on this street (only 2 sales).
The flood overlay is the primary risk, and it will constrain some buyer pools and may affect insurance costsโthis should be quantified before bidding. The rental yield at $750pw (approx. 3.7% gross) is modest but achievable, offering a fallback if plans change. The 5G coverage is a minor plus but not a prime driver. For a buyer-occupier, this is a hold-and-enjoy property: the school catchment and owner-occupied street underpin long-term value, while the auction format on 19 May means preparation on flood risk and a firm walk-away price are essential.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 26 Moondarra Street, Pimpama QLD 4209
Market Insight:
Pimpama presents a dynamic, high-growth market with a median house price near $930,000, recording exceptional annual growth of over 15%. Demand is driven by a diverse demographic, including families and higher-income earners attracted to new developments, supported by strong rental demand from its majority-renter population. The suburb’s robust sales activity and low days on market reflect competitive conditions. Future growth is underpinned by ongoing infrastructure development and access to key amenities, though its rapid price escalation warrants monitoring for affordability constraints.