5 Greenmount Street, Pimpama QLD 4209

5 Greenmount Street, Pimpama QLD 4209
4 bed Pimpama house | 375sqm block | median price zone | strong clearance rate The property’s competitive position rests on its alignment with Pimpama’s current market rhythm,median pricing for a four-bedroom house on a standard lot, supported by a 63% auction clearance and 14-day average days on market. The master suite with ensuite and built-in storage meets the expectations of families seeking primary school proximity, with Gainsborough State School 0.5 km away. For a buyer targeting owner-occupied demand in a balanced owner-renter street, this property avoids the premium of larger blocks while offering a straightforward entry into a liquid segment. The 2024 sale at $680k introduces a valuation risk that requires scrutiny, as it may reflect a distressed event or data error rather than a compressing market,any lender or future buyer will question this gap. The 50% rental composition on Greenmount Street suggests moderate tenant turnover risk but also supports rental demand if holding. The opportunity lies in negotiating below the $1.1m estimate, using the recent low sale as leverage without over-indexing on it. Hold this property for at least five years to absorb any residual pricing noise and benefit from the suburb’s established sales velocity.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 Greenmount Street, Pimpama QLD 4209
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

375mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat