42 Hanover DrivePimpama QLD 4209
Property Details for 42 Hanover Dr, Pimpama
42 Hanover Dr, Pimpama is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 600m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (November 2017)
Affordable Family Home - NRAS Approved!
Positioned on an oversized corner block, this modern NRAS approved home offers an affordable opportunity into one of South-East Queenslands most promising growth corridors and would be the perfect addition to anyones property portfolio.
- NRAS approved*
- Separate air conditioned living space
- Modern kitchen with gas cooking
- Contemporary main bathroom with separate toilet
- Undercover entertaining area joins the interior dining space
- Large grassy fenced backyard
- 5,000L water tank
- Double auto garage
- Land Size: 600m
- Current NRAS rent: $352 per week
- Lease Expires: 11/02/18
- Water Rates: $1,583 pa approx.
- Council Rates: $1,572 pa approx.
- Year Built: 2012
Poised for future growth and offering great returns, this NRAS approved home is a no brainer for the astute investor. Pimpama is one of the leading growth suburbs on the Gold Coast and is perfectly positioned just a short commute North to Brisbane CBD and South to the sandy beaches of the coast. The suburb is on the move with substantial developments including the $1 billion Coomera Town Centre, and upgrades to numerous other local amenities all within a ten minute drive.
*This home is an approved dwelling for the National Rental Affordability Scheme (or NRAS), a Government partnership that aims to supply affordable rental accommodation. To compensate owners for letting the property at a 20% reduced weekly price, NRAS provides a substantial annual incentive for up to 10 years. This incentive far outweighs the cost of reduced rent, leaving the owner in a positive net position at years end.
For more information regards the NRAS incentive, please do not hesitate to follow the below link or contact The Sam Westaway Team.
https:/?/?www.dss.gov.au/?our-responsibilities/?housing-support/?programs-services/?nationa l-rental-affordability-scheme/?national-ren tal-affordability-scheme-frequ ently-asked-questions-1#invest
Property History for 42 Hanover Dr, Pimpama, QLD 4209
- 31 Oct 2017Sold for $445,000
- 13 Sep 2017Listed for Sale $435,000+
- 07 Dec 2012Listed for Rent - Price not available
Recent sales nearby
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About Pimpama 4209
The size of Pimpama is approximately 41.4 square kilometres. It has 34 parks covering nearly 13.3% of 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 30-39 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 10,981 properties. Over the last 5 years, Houses in Pimpama have seen a 102.05% increase in median value, while Units have seen a 112.86% increase. As at 31 March 2026:
- The median value for Houses in Pimpama is $1,074,827 while the median value for Units is $835,922.
- Houses have a median rent of $750 while Units have a median rent of $680.
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