40 Formosa Street, Pimpama, QLD 4209 | Property Value & History | OnTheHouse
OFF MARKET

40 Formosa Street
Pimpama QLD 4209

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 145m2
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Property Details for Lot 39/40 Formosa St, Pimpama

Building Type
Commercial
Land Size
145m2
Local Government
Gold Coast City
Lot/Plan
39/SP341538

Last Listing description (April 2025)

**For Lease: New Modern 3-Bedroom Townhouses in Pimpama - $690/week**

Welcome to your new home at The Crest Residences, 40 Formosa Street, Pimpama! These stunning townhouses offer a perfect blend of comfort, style, and convenience. Remaining units in Stage 2 available from the 19th April, 2025.

**Property Features:**

- **Bedrooms:** 3 spacious upstairs bedrooms, designed for relaxation and privacy. Master bedroom air conditioned.
- ** Family room downstairs, living room upstairs, both air conditioned. Ceiling fans throughout.
- **Bathrooms:** 1 family bathroom, combined shower/bath.
- **Ensuites:** Enjoy the luxury of an ensuite attached to the master bedroom.
- **Toilets:** 3 toilets in total for added convenience.
- **Garage:** Secure single garage space for your vehicle, plus additional open parking for 1 or 2 cars.
- **Type:** Contemporary townhouse with modern finishes and thoughtful layout.

**Key Highlights:**

- **Open-Plan Living:** The open-plan design seamlessly connects the family, dining, and kitchen areas, creating a spacious and inviting atmosphere perfect for entertaining.
- **Natural Light:** Large windows throughout the property flood the space with natural light, enhancing the warm and welcoming ambiance.
- **Outdoor Space:** Enjoy your private covered outdoor area, ideal for weekend barbecues and get togethers.
- **Prime Location:** Situated in Pimpama, you'll have easy access to local schools, parks, shopping centres, and public transport, making commuting a breeze.

**Lease Details:**

- **Price:** $690/week
- **Available:** 11th April, 2025.

Don't miss this opportunity to secure a beautiful townhouse in a sought-after location.
Photo's are indicative only.

For enquiries, please contact the Agent - Michelle Warburton - Raine & Horne - email - info@thecrestresidences.com.au

Property History for Lot 39/40 Formosa St, Pimpama, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$734,900
17 Oct 2024
  • 15 Apr 2025
    Listed for Rent $690 / week
  • 17 Oct 2024
    Sold for $734,900
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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 10,934 properties. Over the last 5 years, Houses in Pimpama have seen a 105.63% increase in median value, while Units have seen a 119.71% increase. As at 31 December 2025:

  • The median value for Houses in Pimpama is $1,025,036 while the median value for Units is $793,409.
  • Houses have a median rent of $730 while Units have a median rent of $685.
There are currently 42 properties listed for sale, and 43 properties listed for rent in Pimpama on OnTheHouse. According to Cotality's data, 606 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.