Now is the time for investment properties in Pimpama
The Northern Gold Coast real estate market has been rapidly growing more and more as people make the choice to move interstate. We’ve also seen Gold Coast locals seeking larger homes and family-friendly estates for their growing families. These factors naturally have led to fantastic investment opportunities in Pimpama.
Developments in and around the Pimpama area are going up quickly to match the demand in population. There is also a healthy flow of sales in the area giving investors plenty of opportunities to buy in. Many in the community are renters, in fact, over 30% of the Gold Coast community as a whole rent their homes. That is a large potential database looking for a new rental property, especially with the recent rental crisis pushing many out of their higher priced inner-city homes.
Pimpama has many high-value areas that are sure to entice renters looking for a great place to live. The Gainsborough Green estate is most notable with modern homes, a focus on creating green spaces, access to innumerable amenities, and six parks and playgrounds - Bim-bimba park is even award-winning, receiving '2020’s Best Park and Playground Design' in all of Queensland. It is clear why many families are drawn to the area. There is also a variety of housing types ranging from modern townhouses, spacious duplexes, to large family-sized homes and more! There is something for everyone and every budget. With this level of appeal, it is a great real estate opportunity for investors.
Nathan Simon of All Properties Group has seen a number of investors reap the benefits of owning a property in Pimpama, ‘People are always looking to move to Pimpama, not everyone can afford to buy and our investors fill that need of housing for them. There’s never a struggle to find tenants in Pimpama, it’s growing to be quite the hub.’
He estimates that around 30% of his own buyers in Pimpama are investors, with many living locally really seeing the value of their investment and in Pimpama for themselves. If you are looking for an investment property in Pimpama or the broader Northern Gold Coast area, get in contact with Nathan Simon of All Properties Group to get you on your buying journey.