8 Anembo Avenue, Pimpama QLD 4209
8 Anembo Avenue, Pimpama QLD 4209
Flood overlay | 5 bedrooms on acreage | 4-day listing | last sold 2002
The flood overlay on this 1.03-acre property imposes a material risk that is often absorbed by insurance premiums or design costs. The buyer should budget for elevated floor levels or compensatory earthworks, which can add $30,000 to $80,000 to holding costs. The long land holding period since 2002 suggests limited recent price discovery, but the recent $2,450,000 sale at 9 Anembo Avenue provides a strong benchmark for value. This property is a hold-and-improve proposition, not a flip, with the building coverage at 11% leaving substantial room for subdivision or a secondary dwelling.
The 5-bedroom design on acreage within Gold Coast school catchments is a rare combination that commands a premium from families seeking space without leaving infrastructure. The swimming pool and solar array reduce ongoing costs, while the NBN Fibre to the Node supports remote work. This property best suits a buyer willing to manage flood overlay due diligence in exchange for acreage scarcity near the coast. Cross-reference the comparable sale on the same street to anchor your offer within 8–10% of that cleared price.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Anembo Avenue, Pimpama QLD 4209
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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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
-
Parking
-
Land
1.03 acres
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