3 Benjamin Street, Pimpama QLD 4209

3 Benjamin Street, Pimpama QLD 4209
4-bedroom Pimpama house | 422sqm block | flood overlay noted | strong rental demand zone The property’s configuration on a 422sqm block with a north-east facing entertainment area and side access for a boat or trailer is competitively rare in Pimpama’s newer developments, where smaller lots dominate. The four bedrooms with built-ins and a master ensuite, combined with solar panels and a water tank, serve a family seeking energy efficiency and immediate occupancy without renovation. Its proximity to Pimpama State School and the train station strengthens its appeal to commuter families, and the 42% local population aged 20-39 suggests sustained buyer demand for this type of house. The flood overlay is the primary risk, potentially affecting insurance costs and resale liquidity compared to unencumbered properties, though no bushfire or heritage overlays exist. The NBN FTTN connection is adequate but not a premium feature. The property last sold in 2018, and current valuation at $1,047,000 sits above the median for four-bedroom houses, which may limit upside in a stable market. Holding this house as a long-term family residence with rental income potential of $825 per week is commercially sound, provided flood risk is accepted and mitigated through insurance.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

422mยฒ

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