Alice River vs Pimpama

Houses cost about the same in both suburbs: the median house price is $1M in Alice River and $1M in Pimpama.

For units, Alice River sits at a median of $520K against $835K in Pimpama, which makes Alice River the more affordable unit market and Pimpama the pricier one.

Over the past year house prices moved +19.8% in Alice River and +15.6% in Pimpama, so recent momentum favours Alice River, although both suburbs recorded growth.

Looking back three years, Alice River houses are +39.3% and Pimpama houses +46.0%, so Pimpama has compounded faster than Alice River over the longer window.

Rental vacancy is 1.1% in Pimpama and 2.4% in Alice River, so landlords in Pimpama face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Pimpama is the bigger suburb, with a population of 24,601 against 2,685, roughly 9 times the size of Alice River; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alice River for recent price momentum, Pimpama for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.