70 Mieka Cres, Pimpama QLD 4209

70 Mieka Cres, Pimpama QLD 4209
4 bed, single level, 501mยฒ | 2016 build, 197mยฒ floor | quiet crescent, 65% owner-occupied | no heritage, bushfire and flood overlay present | FTTP, close to schools and parks This property offers a rare combination of a generous 501mยฒ block with a practical single-level layout in a quiet, owner-occupied street, making it a strong buy for families seeking space and stability. The 2016 build and open-plan design with indoor-outdoor flow reduce immediate maintenance needs and appeal to owner-occupiers over investors, which supports long-term value. The location near reputable state schools and parks strengthens its family market position, while the FTTP connection adds practical appeal for remote work. The bushfire and flood overlays are the primary risk, potentially affecting insurance costs and resale speed, though the 29m elevation and 39% building coverage suggest moderate exposure. The 2016 purchase price is not disclosed, but the current estimated value of $1,066,000 is above the local median, meaning the buyer pays a premium for the larger block and newer build. This property suits a family intending to hold for at least 5-7 years, where the land size and location provide a buffer against market shifts.

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

501mยฒ

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