11/23 Formosa StreetPimpama QLD 4209
Property Details for 11/23 Formosa St, Pimpama
11/23 Formosa St, Pimpama is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2021. The property has a land size of 183m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 3 bedroom Townhouse sold in Pimpama in the last 12 months.
Last Listing description (October 2026)
Whether you're searching for a low maintenance lifestyle or a smart addition to your investment portfolio, 11/23 Formosa Street delivers on every front.
Built in 2021, this well presented three bedroom townhome sits in an end position within the complex, giving you extra privacy with only one shared wall. Vacant and ready for immediate move in, it offers the kind of quality and care that's hard to find in this price range, ideal for owner occupiers wanting to settle in straight away.
Across two generous living areas, the floor plan gives you the flexibility to spread out, whether that's a dedicated lounge, a kids retreat, or a space to work from home.
Step outside and you'll find a covered alfresco perfect for year round entertaining, complemented by a fully fenced backyard ready for you to make your own. Being an end unit, you'll also pick up extra natural light and additional side space, all while keeping that lock up and leave simplicity without sacrificing the feel of a private outdoor space.
The Location Does the Heavy Lifting
Positioned moments from the M1, you're genuinely connected, north to Brisbane or south to the Gold Coast in equal measure. Day to day living is just as convenient, with Pimpama Sports Hub, Coomera Westfield, Pimpama Junction, and the Nexus Drive shopping precinct all within easy reach. This is the kind of address that suits every stage of life.
For Investors, The Numbers Make Sense
The Pimpama corridor continues to be one of South East Queensland's strongest performing growth areas, underpinned by ongoing infrastructure investment, population growth, and consistent rental demand. Comparable townhomes in the precinct are commanding approximately $800 per week in rent, making this an attractive proposition for buyers looking to build long term wealth in a market that's still gaining momentum.
With a modern 2021 build, low body corporate outgoings, and vacant possession, the holding costs are manageable and the appeal to quality tenants or owner occupiers is immediate.
Key Features:
New carpet upstairs
3 bedrooms | 2 living areas
End unit position with added privacy
Covered alfresco entertaining
Fully fenced backyard
Vacant and move in ready
Built 2021 | immaculately presented
Moments to M1 (north and south access)
Pimpama Sports Hub | Coomera Westfield | Pimpama Junction | Nexus Drive precinct
Don't miss out, enquire now!
Disclaimer:
All clients are strongly encouraged to undertake their own due diligence, including independent inspections. Any marketing materials provided by YPA Queensland are for marketing purposes only. Clients must rely on their own investigations before making any decisions
Property History for 11/23 Formosa St, Pimpama, QLD 4209
- 13 Oct 2026Sold for $875,000
- 14 Sep 2026Listed for Sale Under Contract - Team YPA
- 04 Aug 2024Listed for Rent $800 / week
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About Pimpama 4209
The size of Pimpama is approximately 41.4 square kilometres. There are 34 parks, covering nearly 13.3% of the total area. The population of Pimpama in 2016 was 9396 people. By 2021 the population was 24601 showing a population growth of 161.8% in the area during that time. The predominant age group in Pimpama is 0-9 years. Households in Pimpama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pimpama work in a professional occupation.In 2021, 41.30% of the homes in Pimpama were owner-occupied compared with 29.00% in 2016.
Pimpama has 11,063 properties. Over the last 5 years, Houses in Pimpama have seen a 68.00% increase in median value, while Units have seen a 83.01% increase. As at 30 September 2026:
- The median value for Houses in Pimpama is $1,009,107 while the median value for Units is $799,216.
- Houses have a median rent of $770 while Units have a median rent of $700.
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